Filed in Ocean Freight
Monday, July 01, 2013
In last month’s column I focused on the volatility of domestic intermodal rail. I cautioned that shippers should expect pressure in major routes associated with import and export because ocean rates are in turmoil as world markets adjust to new capacity and an uneven economic recovery.
This year marks the centennial anniversary of the opening of the Panama Canal. And as I write, laborers are expanding the canal so that it can accommodate vessels that are 25 percent longer, 53 percent wider, and whose draft is 23 percent deeper.
Wednesday, June 26, 2013
A cautiously optimistic outlook based on realigned expectations, as well as the United States returning to the top of the rankings, are the themes of the 2013 A.T. Kearney Foreign Direct Investment Confidence Index, a regular measure of senior executive sentiment at the world’s largest companies.
Wednesday, June 19, 2013
The money is for maintaining America’s deep-draft navigation channels and harbors and is as part of the U.S. Army Corps of Engineers’ fiscal 2014 funding bill.
Monday, June 17, 2013
The results of the AgTC's 2013 Ocean Carrier Performance Survey were announced late last week at the 25th Annual Meeting of the Agriculture Transportation Coalition in San Francisco, with APL winning top ranking
Thursday, June 13, 2013
Thursday’s U.S. Supreme Court ruling rejecting two more concession requirements in the Port of Los Angeles clean-trucks program was praised by the American Trucking Associations
Monday, June 10, 2013
Further evidence that West Coast ports will protect their market share after the Panama Canal expansion surfaced last week as the Los Angeles Harbor Commission adopted a 2013-14 fiscal year (FY) budget of approximately $1.1 billion for the Port of Los Angeles.
Thursday, June 06, 2013
The two ports have agreed to share strategies and best practices on topics ranging from port infrastructure, environmental and security challenges, and strategies to enhance trade competitiveness.
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.
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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.