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

China Shipping expands its footprint at Port of Los Angeles

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.

Excess capacity will keep ocean freight rates down

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.”

AAPA explores new ways of funding

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.

AAPA attacks future risk concerns

Posted 04/13 · 08:02 AM · LM Editorial
While U.S. federal government lawmakers continue to focus on the nation’s budgetary woes, The American Association of Port Authorities is convening a special meeting in San Francisco to examine financial challenges of its own.

Port Tracker report calls for 9 percent growth in April

Posted 04/12 · 05:12 AM · LM Editorial
The Port Tracker report is calling for March to come in at 1.2 million TEU for an 11 percent annual gain. April is expected to reach 1.24 million TEU for a 9 percent annual increase.

New Asia-Latin America ocean cargo service reflects market shift

Posted 04/11 · 06:14 PM · LM Editorial
Evergreen Line, COSCO Container Lines, Pacific International Lines, and Wan Hai Lines will jointly launch a new service linking the Far East and the West Coast of South America

Port of Long Beach to start sudden search for new leader

Posted 04/07 · 06:21 PM · LM Editorial
Many shipping industry insiders were caught off guard when Richard D. Steinke announced his intention to retire as executive director of the Port of Long Beach this week.

A salute to Steinke

Posted 04/06 · 09:38 AM · LM Editorial
The person selected to replace Richard Steinke as executive director at the Port of Long Beach will have tremendous shoes to fill

Port of Long Beach director to retire

Posted 04/06 · 09:20 AM · LM Editorial
When ocean shipping’s “peak season” comes to end next fall, one of the industry’s leading port directors will be stepping down.

Shippers under siege

Posted 04/05 · 03:47 PM · LM Editorial
As this nation struggles back from the Great Recession, one must wonder what really is behind Big Labor’s agenda. It certainly can't be job creation.

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