Filed in Ocean Freight
Thursday, May 30, 2013
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, March 27, 2013
As shippers continue to track the deteriorating political situation in Egypt, analysts are assessing the possible impact on Suez Canal services.
Friday, March 01, 2013
Brian Conrad, executive administrator for the Transpacific Stabilization Agreement (TSA), is not only regarded as a “thought leader” in the ocean shipping arena, but also as a man of uncommon candor. For the past several years now, he has weathered the storm brought on by shippers’ associations challenging pricing and operations in the world’s most active—and vital—trade lane linking North America and Asia.
Tuesday, February 12, 2013
Company officials said this expansion was made to address market trends related to increased manufacturing and consumer demand in many regions, with these lanes originating in Asia, Europe, the Middle East, Africa, and South Africa. With this expansion, UPS has more than 1,700 direct LCL lanes serving 116 countries.
Posted on 02/12 at 12:04 PM
Ocean Freight •
Monday, February 04, 2013
The battle lines between shippers and carriers comprising the Transpacific Stabilization Agreement (TSA) are shaping up early as both sides make plans for future contracting.
Monday, January 21, 2013
The Drewry Hong Kong-Los Angeles container rate benchmark, published in the latest Container Freight Rate Insight report, jumped 14% to $2,524 per forty-foot equivalent unit (FEU) this week, as the January peak season surcharge (PSS) took effect.
Monday, January 14, 2013
TOTE, Inc. announced it has committed to the construction of two new state-of-the-art containerships for the Puerto Rico trade, with options for three more vessels for additional domestic service. The agreement with General Dynamics NASSCO represents a major technological milestone in international shipping.
Friday, December 28, 2012
News that the International Longshoremen’s Association and United States Maritime Alliance have agreed to extend their contract negotiations for an additional 30 days was welcomed by the National Retail Federation today.
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If the International Longshoremen's Association and the U.S. Maritime Alliance fail to come to terms on a master contract by midnight tomorrow, East Coast shippers will face a dismal start of the new year.