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

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.

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

Posted 03/13 · 09:22 AM · LM 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 is calling for a 10 percent annual gain for March.

Ports of Seattle/Tacoma take off the gloves

Posted 03/13 · 09:17 AM · LM Editorial
“Regional cooperation” was gaining traction as a marketing tool for U.S. seaports seeking to aggregate vessel calls in the past. But a recent development suggests that it may have been just so much happy talk.

World Container Index shows sharp increase in Asia/EU trade

Posted 03/12 · 03:55 PM · LM Editorial
Container freight rates in the westbound Asia-Europe corridor increased by 114 percent this week

CEVA CEO looks to the future following record revenue in 2011

Posted 03/07 · 01:00 PM · LM Editorial
LM Group News Editor Jeff Berman recently spoke with CEVA CEO John Pattullo about the company’s first half performance and other industry-related items.

INTTRA may reshape ocean carrier/shipper contracting

Posted 03/06 · 07:54 PM · LM Editorial
Measuring performance of carriers, shippers and trading partners across the ocean supply chain is integral to improving and optimizing workflow, yet it remains a key challenge due to the lack of a common set of data

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