Current news, information and trends in the ocean freight industry covering freight lines, carriers, logistics and classification.
Posted 02/27 · 05:05 PM · LM Editorial
APM-Maersk has reported an operating loss of $386 million for its container shipping and logistics activities for 2011.
Posted 02/27 · 03:23 PM · LM Editorial
Seaports on the U.S. eastern seaboard will be getting new business as the Atlantic North South Service gets underway next month
Posted 02/27 · 10:28 AM · LM Editorial
Container shipping lines in the Westbound Transpacific Stabilization Agreement have announced a new round of incremental dry cargo rate increases
Posted 02/22 · 06:32 PM · LM Editorial
The ongoing conflict between the Port of Los Angeles and the American Trucking Association may be finally drawing to a close.
Posted 02/21 · 05:42 PM · LM Editorial
The number of containers passing through Hamburg rose 14 percent in 2011
Posted 02/20 · 06:44 PM · LM Editorial
While mainstream media reports suggest that open seas piracy has decreased, shipping experts note that the crisis is worse than ever
Posted 02/20 · 02:16 PM · LM Editorial
In 2011, the port handled 5.5 million TEU (Twenty-foot equivalent units), which is 4 percent better than 2010 and topped the previous record from 2007.
Posted 02/17 · 10:54 AM · LM Editorial
Total January volume was 474,960 TEU, which was down 3.9 percent annually.
Posted 02/16 · 05:48 PM · LM Editorial
The uncertainty over the level of container freight rates in the next few months has severely disrupted trading on the freight futures market, said analysts at the Paris-based consultancy, Alphaliner.
Posted 02/16 · 11:13 AM · LM Editorial
February import cargo volume is expected to be down 6.8 percent on an annual basis, according to the monthly Port Tracker report by the National Retail Federation (NRF) and Hackett Associates.