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