Filed in Ocean Freight
Monday, July 18, 2011
After the critical shortages of containers of last year, production has picked up again, but high container prices and a tight ratio of containers to vessel slots will continue to constrain the availability of boxes
Sunday, July 17, 2011
The American Association of Port Authorities recently commended the U.S. House Transportation and Infrastructure Committee and its chairman, Cong. John Mica (R-Fla.), for rolling out a comprehensive, multi-year transportation reauthoriztion proposal that is focused on improving our nation’s transportation infrastructure and, for the first time, includes a maritime title.
Tuesday, July 12, 2011
The container shipping industry is not the only segment of ocean carriage under severe pressure, said Moody's Investors Service
Monday, July 11, 2011
When the National Industrial Transportation League’s ocean transportation committee meets next month in Louisville, Kentucky, the agenda will be rich indeed.
Friday, July 08, 2011
Global express delivery and logistics services provider DHL continues to make inroads with its LCL (less-than-container-load) service, announcing two new recent additions.
Thursday, July 07, 2011
Analysts add that even the realization of a decent peak season demand surge this summer will not provide enough momentum to lift severely eroded freight rates in the key east-west trades
Wednesday, July 06, 2011
U.S. West Coast seaports honored Independence Day by shutting down operations on Monday, July 4. As well they should. It may come as a surprise to many, that the ports were closed on July 5th as well.
Friday, July 01, 2011
Carriers get their house in order
I’m not sure who said it, but it’s one of my favorite lines when it comes to putting the current market environment into perspective: You don’t know where you’re going unless you know where you’ve been.
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Responding to shipper concerns, the West Coast MTO Agreement (WCMTOA) announced it will postpone until August 1 its planned adjustment to the Traffic Mitigation Fee at the Ports of Los Angeles and Long Beach.