Filed in Ocean Freight
Wednesday, July 01, 2015
The container shipping industry has been highly unprofitable over the past five years, note analysts with McKinsey and Company. Making things worse, earnings for ocean carriers have been exceptionally volatile.
With the expansion of the canal scheduled for early 2016, many shippers are hoping that ocean cargo efficiency will be greatly enhanced. However, experts are of mixed minds on whether this will indeed be the panacea all industry stakeholders are seeking.
Monday, June 01, 2015
Top ocean carrier analysts say that accelerated transformation and closer alliances are critical for escaping the vicious cycle characterized by overcapacity, industry fragmentation, and low shareholder returns. Shippers, meanwhile, may finally see an uptick in schedule integrity.
Sunday, March 01, 2015
Ocean cargo carriers vying for market share and sustainable profits are using a variety of methods to get the upper hand this year. Analysts say that while some are leveraging partnerships, others are wagering on reliability to trump that play. Shippers, meanwhile, are hoping that it will all amount to more than just zero-sum.
Tuesday, February 17, 2015
Speculation first reported in Logistics Management that APL Logistics was up for sale has been confirmed. In a statement issued yesterday, Neptune Orient Lines (NOL) indicated it is spinning off the third-party arm for $1.2 billion to Japan’s Kintetsu World Express (KWE).
Posted on 02/17 at 06:24 AM
Ocean Freight •
Monday, February 09, 2015
Cargo demand for Asian containerized imports has remained strong through the typically slower winter season and heading into the Lunar New Year holidays, according to container line data collected by the Transpacific Stabilization Agreement
Thursday, January 01, 2015
The global economic recovery moves sluggishly forward, while the domestic picture has brightened considerably. Our leading market analysts explain how shippers should ready themselves for sustainable demand and plan for incremental rate hikes.
Monday, December 01, 2014
Recent US West Coast port congestion issues have temporarily reversed the long-term modal shift from air to ocean as shippers seek alternative ways to make sure their goods hit the stores in time for the US holiday season, note analysts at Drewry Supply Chain Advisors in London.
Thursday, October 09, 2014
The Ports of Long Beach and Los Angeles continue to cope with Peak Season congestion, but operations are still sluggish
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Wednesday, October 08, 2014
U.S. shippers looking for container space for outbound commodities will soon face higher rate structures.