Current news, information and trends in the ocean freight industry covering freight lines, carriers, logistics and classification.

Golden State ports digging out of a hole

Posted 07/29 · 07:48 AM · LM Editorial
The three California port directors who faced the wrath of shippers at the annual meeting of the Agriculture Transportation Coalition (AgTC) in San Francisco late last June, surprised many with their candor and heartfelt mea culpas.
BlogsPortsOcean CargoCalifornia

Ports Performance Act receives strong support from supply chain stakeholders

Posted 07/22 · 11:28 AM · LM Editorial
Last week, more than 100 business groups, which included transportation and logistics providers and other supply chain concerns, penned a letter to U.S. Senate Commerce, Science, and Transportation Committee Chairman John Thune, heralding the approval of the Ports Performance Act by the Committee.

Dockside labor must get on board with California’s proposed transport overhaul

Posted 07/22 · 08:19 AM · LM Editorial
While organized labor has yet to weigh in on Executive Order B-32-15, leaders should recognize that California's complex freight transportation system is responsible for one-third of the state's economy and jobs, with freight-dependent industries accounting for over $700 billion in revenue and over 5 million jobs.

2015 Global Shippers’ Forum annual report addresses climate change and mega-vessel impact

Posted 07/20 · 11:12 AM · LM Editorial
As the Global Shippers’ Forum (GSF) concludes its first financial trading year 2014-15, its Annual Report reflects on the achievements of the past 12 months including how it has worked with other organizations in its role as an effective voice for shippers around the world.

Shippers not surprised by shift in ocean cargo vessel calls away from West Coast

Posted 07/16 · 08:10 AM · LM Editorial
New evidence that U.S. West Coast ports are losing market share to ports in the East and some Gulf regions surfaced in a new report issued by Zepol, a global trade and intelligence provider.
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FMC gets real about port congestion

Posted 07/15 · 08:09 AM · LM Editorial
In a development certain to resonate with logistics managers, the Federal Maritime Commission has just released a report entitled U.S. Container Port Congestion & Related International Supply Chain Issues: Causes, Consequences & Challenges.

Drewry Maritime Research Reflects on State of Ocean Cargo

Posted 07/13 · 08:11 AM · SCMR Editorial
This is the first of a two-part interview with Philip Damas
Director - Supply Chain Advisors, Drewry Maritime Research
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Some ocean carriers may lose money this year, says Drewry

Posted 07/09 · 09:16 AM · LM Editorial
A toxic mixture of overcapacity, weak demand and aggressive commercial pricing is threatening liner shipping industry profitability for the rest of 2015, according to the Container Forecaster report published by global shipping consultancy Drewry.

Ocean Cargo May Be Supply Chain’s Weakest Link This Year

Posted 07/09 · 09:11 AM · SCMR Editorial
Dire reports on the health of the ocean cargo carrier industry may be understated, say some analysts.
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Ocean cargo sector still faces stiff challenges

Posted 07/08 · 09:37 AM · LM Editorial
The container-shipping industry has been highly unprofitable over the past five years, note analysts with McKinsey & Company. Making things worse, earnings have been exceptionally volatile.

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