All Entries

Thursday, May 30, 2013

The most recent edition of the Global Port Tracker report from Hackett Associates and the Bremen Institute of Shipping Economics and Logistics pointed out that ongoing difficult, but slowly improving, economic conditions continue to hinder international trade to Northern Europe.

The goal of the Supply Chain Top 25 research initiative is to raise awareness of the supply chain discipline and how it impacts the business

While ocean carriers leveraging slow steaming in an effort to reduce fuel costs is not entirely new, a recent report from London-based maritime consultancy Drewry Maritime Research suggests there is more to come, especially in a few key trade lanes.

Wednesday, May 29, 2013

Ocean cargo carriers comprising the Transpacific Stabilization Agreement (TSA) announced their intention to raise rates this summer.

The United States Department of Transportation’s Bureau of Transportation Statistics (BTS) said this week that trade using all forms of freight transportation between the United States and its North American Free Trade Agreement (NAFTA) partners Canada and Mexico fell 4.0 percent annually in March to $95.6 billion.

Following a two-week stretch which saw prices rise a cumulative 4.5 cents, diesel prices dropped one cent to $3.88 per gallon, according to the Department of Energy’s Energy Information Administration (EIA).

California shippers got some very good news this week, when it was announced that the Port of Oakland has appointed a veteran executive director. The man named is an exceptional professional with a deep maritime background.

Non asset-based third-party logistics (3PL) services provider Transplace said yesterday it has selected New York-based private investment firm Greenbriar Equity Group LLC as its new equity partner.

Tuesday, May 28, 2013

As the global economic picture remains, um, murky, a recent report in the Wall Street Journal observed that declining manufacturing output in China, the world’s second largest economy after the United States, is cause for concern.

The Port of Oakland Board of Commissioners announced the appointment of maritime shipping industry veteran Chris Lytle as the new Executive Director. While this fills a leadership void at one key West Coast ocean cargo gateway, it leaves another at the Port of Long Beach.