Current news, information and trends in the ocean freight industry covering freight lines, carriers, logistics and classification.
Posted 05/19 · 04:26 PM · LM Editorial
The European Commission’s investigation of ocean carrier antitrust rules ramped up to a new level this week, as Asian players were also targeted by regulators.
Posted 05/16 · 09:12 AM · LM Editorial
The most recent edition of the Port Tracker report by the National Retail Federation (NRF) and Hackett Associates is calling for import cargo volume at major United States-based container ports to closely resemble last year, with a leveling off in May volumes.
Posted 05/12 · 04:46 PM · LM Editorial
Both major ocean cargo gateways in San Pedro Bay posted positive numbers for container throughput in April.
Posted 05/10 · 08:01 AM · LM Editorial
While union dockworkers and truckers have long been criticized for making U.S. West Coast ports weaker, another faction of organized labor may pose an even greater threat to the competitiveness of one major ocean cargo gateway.
Posted 05/01 · 08:37 AM · LM Editorial
Creative funding for expansion and infrastructure improvement is critical for the top U.S. ports, especially as shippers are slowly reconfiguring their supply chains to become less dependent on the West Coast.
Posted 04/27 · 02:36 PM · LM Editorial
Responding to a request for comments from the Federal Maritime Commission on the effect of slow steaming on U.S. ocean liner commerce, most shippers found little or no rate or service benefit.
Posted 04/27 · 08:01 AM · LM Editorial
Following a relatively promising report last month, European import and export volumes remain solid, according to the most recent edition of the Global Port Tracker report from Hackett Associates and the Bremen Institute of Shipping Economics and Logistics.
Posted 04/20 · 07:47 AM · LM Editorial
China Shipping has completed a major phase of its terminal expansion project at the Port of Los Angeles, adding a new 925-foot section of wharf, 18 additional acres of backland and four new container cranes that will increase cargo throughput.
Posted 04/19 · 11:26 AM · LM Editorial
While the world’s leading cargo vessel operators had seen a remarkable reversal of fortune last year, industry analysts predict the turnaround will be “short-lived.”
Posted 04/18 · 07:15 AM · LM Editorial
As all of our nation’s major ocean cargo gateways attempt to expand their footprints and compete with enhanced infrastructure, finding the money for many such projects continues to be a daunting challenge.