Current news, information and trends in the ocean freight industry covering freight lines, carriers, logistics and classification.
Posted 02/15 · 01:29 PM · LM Editorial
Cargo activity at the Port of Los Angeles got off to a great start, with the port announcing earlier today that its January total of 698,715 TEU (Twenty-foot Equivalents) represents its best January ever recorded, topping January 2007, which reached 691,602 TEU.
Posted 02/14 · 10:50 AM · LM Editorial
There was some good news and bad news coming for U.S. port authorities today. President Obama’s fiscal 2013 budget contained a bit of both.
Posted 02/13 · 12:13 PM · LM Editorial
According to a leading trade intelligence report, inbound ocean cargo calls increased at all top ten U.S. ports last month.
Posted 02/13 · 11:56 AM · LM Editorial
Taking its next steps in launching a less-than-container load (LCL) offering, global third-party logistics (3PL) services provider CEVA Logistics announced today that it has opened two new LCL lanes.
Posted 02/13 · 10:07 AM · LM Editorial
The Puget Sound’s ocean cargo gateways are under siege by lawmakers and influence-peddling Teamsters
Posted 02/09 · 04:19 PM · LM Editorial
As 2012-13 contract negotiations begin, container shipping lines in the transpacific are readying themselves for tougher bargaining.
Posted 02/04 · 11:13 AM · LM Editorial
In keeping with a trend to shed assets, Maersk Inc. is selling its subsidiary, Maersk Equipment Services Company.
Posted 02/02 · 11:31 AM · LM Editorial
When it comes to economic conditions in Europe, it is not a stretch to say that things are likely to get worse before they get better. That is the consensus of the most recent edition of the Global Port Tracker Report from Hackett Associates and the Bremen Institute of Shipping Economics and Logistics.
Posted 02/01 · 01:01 PM · LM Editorial
The Panama Canal expansion isn’t the only factor driving infrastructure improvement efforts. Count population growth, increased exports, new trade agreements, global competition, and shifting trade lanes as other elements pushing aggressive U.S. port investment and expansion.
Posted 01/31 · 04:47 PM · LM Editorial
Ocean cargo shippers can expect a slight surge in business this year, with the economic tide lifting all boats