Current news, information and trends in the ocean freight industry covering freight lines, carriers, logistics and classification.
Posted 08/29 · 08:03 AM · LM Editorial
Ocean cargo carriers comprising the Transpacific Stabilization Agreement Westbound section contend that there is an “urgent need” to begin rate restoration efforts in anticipation of fourth quarter cargo growth.
Posted 08/20 · 01:28 PM · LM Editorial
Maersk is back in the black.
Posted 08/19 · 04:16 PM · LM Editorial
The port of Oakland's executive director has many immediate and long-term challenges to deal with.
Posted 08/16 · 03:52 PM · LM Editorial
Matson, Inc. had another solid quarter, driven by continuing strength in its Hawaii trade, modest volume gains in its other trade lanes and a better result in Logistics. And while most “mega” carriers lost money this year, this specialized one found a way to make some.
Posted 08/06 · 06:50 PM · LM Editorial
Communication – whether it be technological or interpersonal – is the key to advancing every port’s agenda
Posted 08/06 · 09:58 AM · LM Editorial
The group is in active dialogue with additional, major global carriers, as well as feeder lines, that are increasingly seeing the business value of collaborating in Clean Cargo
Posted 08/05 · 02:48 PM · LM Editorial
Citing the ongoing congestion issues at the Port of New York and New Jersey in recent weeks, which has significantly slowed down cargo operations at the port, National Retail Federation President and CEO Matthew Shay last week penned a letter to leadership at the Port Authority of New York and New Jersey and the New York Shipping Association, regarding the situation, which stems from the recent rollout of new computer processes by Maher Terminals, the port’s operating manager.
Posted 08/01 · 08:20 PM · LM Editorial
As executive Editor Patrick Burnson documents in this month’s Special Report, the business dynamics of ocean shipping continue to change for carriers as global supply chain practices become more strategic—putting pressure on those shippers looking to coordinate more modes in new regions around the world.
Posted 08/01 · 08:15 PM · LM Editorial
U.S. ports are planning and investing in a balanced portfolio of services to prepare for continued volume growth.
Posted 08/01 · 04:00 PM · LM Editorial
Logistics managers and non-vessel operators expect that, as ocean carriers’ cash flow gets tighter, the charter market will increasingly be used for newer, fuel-efficient vessels. The payoff for shippers will be sustainable service.