The latest news and insight on the current state of U.S. Ports, including infrastructure investment, new services, labor issues, and global trade volumes.

Maersk makes dramatic move in Asia-EU trade

Posted 03/26 · 04:10 PM · LM Editorial
Oversupply of container vessels operating on the Asia – Europe trade lane has pushed Maersk Line’s container freight rates to unsustainably low levels.

Putting U.S. mariners to work

Posted 03/23 · 09:07 AM · LM Editorial
Flags of Convenience should be reigned in to provide more opportunity for U.S. mariners

Mega ocean cargo vessels not likely to stay in the Transpacific

Posted 03/22 · 08:15 AM · LM Editorial
Amid all the fanfare made yesterday with the arrival of MSC’s “mega” vessel at the Port of Oakland, industry experts remain doubtful that this signals a Transpacific trend

Measuring the Mega Ship

Posted 03/21 · 08:41 AM · LM Editorial
When one of the world’s largest cargo vessels enters San Francisco Bay today, shippers will witness a new era also being ushered in

Port of Oakland attracts “mega” container vessel

Posted 03/20 · 05:57 PM · LM Editorial
The Port of Oakland welcomes the largest containership ever to call any seaport in North America today

COSCO Americas to launch new service linking Gulf to China

Posted 03/16 · 08:45 AM · LM Editorial
In a response to shippers’ seeking sourcing alternatives, COSCO Container Lines Americas, Inc. has introduced a new service connecting Asia and the Gulf of Mexico via the Panama Canal

Port of San Francisco enhances its Foreign Trade Zone

Posted 03/16 · 08:07 AM · LM Editorial
The Alternative Site Framework program expands upon the benefits already granted within the FTZ program in an efficient way.

Transpacific carriers plan to “double down” on rates

Posted 03/14 · 02:55 PM · LM Editorial
Having played their hand on an earlier rate hike announcement, the 15 member carriers in the Transpacific Stabilization Agreement (TSA) are recommending a further increase of $400 per 40-foot container (FEU) effective April 15, 2012

FTR Shippers’ Condition Index is flat from December to January

Posted 03/14 · 10:38 AM · LM Editorial
The SCI dropped 0.2 points in January, the most recent month for which data is available, to -4.8, said FTR. The firm describes the SCI as an indicator that sums up all market influences that affect shippers
NewsFreightFTR AssociatesGDP

Port Tracker report expects import cargo activity to pick up in March

Posted 03/13 · 12:05 PM · SCMR Editorial
Following a projected 6.8 percent annual decline in import cargo volume for February, the monthly Port Tracker report by the National Retail Federation (NRF) and Hackett Associates of calling for a ten percent annual gain for March.

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