Current news, information and trends in the ocean freight industry covering freight lines, carriers, logistics and classification.
Posted 07/17 · 04:38 PM · LM Editorial
The American Association of Port Authorities recently commended the U.S. House Transportation and Infrastructure Committee and its chairman, Cong. John Mica (R-Fla.), for rolling out a comprehensive, multi-year transportation reauthoriztion proposal that is focused on improving our nation’s transportation infrastructure and, for the first time, includes a maritime title.
Posted 07/12 · 06:13 PM · LM Editorial
The container shipping industry is not the only segment of ocean carriage under severe pressure, said Moody's Investors Service
Posted 07/11 · 07:36 PM · LM Editorial
When the National Industrial Transportation League’s ocean transportation committee meets next month in Louisville, Kentucky, the agenda will be rich indeed.
Posted 07/08 · 09:35 AM · LM Editorial
Global express delivery and logistics services provider DHL continues to make inroads with its LCL (less-than-container-load) service, announcing two new recent additions.
Posted 07/07 · 05:27 PM · LM Editorial
Analysts add that even the realization of a decent peak season demand surge this summer will not provide enough momentum to lift severely eroded freight rates in the key east-west trades
Posted 07/06 · 12:29 PM · LM Editorial
U.S. West Coast seaports honored Independence Day by shutting down operations on Monday, July 4. As well they should. It may come as a surprise to many, that the ports were closed on July 5th as well.
Posted 07/01 · 09:33 PM · LM Editorial
The cost of the U.S. business logistics system jumped up 10.4 percent in 2010, making up more than half of the preceding year’s decline. But don’t expect gains like this to continue as the economy begins to slow and all four transportation modes scramble to make adjustments during this period of unprecedented volatility.
Posted 07/01 · 09:25 AM · LM Editorial
Carriers get their house in order
Posted 07/01 · 09:23 AM · LM Editorial
While North America’s great ocean cargo gateways are heavily reliant on containerized throughput, major and minor ports alike are not letting go of their bulk and breakbulk operations. Indeed, many of them are coming to regard this basic piece of their portfolio as a value-added service.
Posted 07/01 · 08:07 AM · LM Editorial
I’m not sure who said it, but it’s one of my favorite lines when it comes to putting the current market environment into perspective: You don’t know where you’re going unless you know where you’ve been.