Filed in Ocean Freight
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
Wednesday, October 08, 2014
U.S. shippers looking for container space for outbound commodities will soon face higher rate structures.
Wednesday, October 01, 2014
Three years ago, Candace Holowicki, the company’s director of global transportation and logistics, joined its Global Services Organization and helped to level functional silos and bring together procurement, logistics, operations, and continuous improvement areas—a move that now saves millions annually.
Maersk caused a stir last summer by raising its full-year profit forecast for 2014 due to higher freight volumes and lower costs. Industry analysts wonder, however, if many of the other Top 30 carriers will exercise the same discipline to achieve similar goals.
Thursday, September 18, 2014
A recent hearing of the Subcommittee on Coast Guard and Maritime Transportation suggests that the U.S. Merchant Marine industry may be poised for a major comeback.
Wednesday, August 27, 2014
More talking remains before the deal is done
Friday, August 01, 2014
In 2013 we saw multiple attempts by carriers to firm up ocean freight pricing in trans-Pacific lanes. In the meantime, trans-Suez lanes were regularly defeated by rapid additions to available ship capacity in other key lanes as prices started to look better.
Friday, July 18, 2014
The good news is that while there is no contract extension in place, both parties have pledged to keep cargo moving.
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Monday, July 14, 2014
While many shippers are concerned about the progress (or lack thereof) in West Coast labor relationships, ocean carriers serving the trade have expressed optimism by announcing a proposed rate hike.