Filed in Shipping
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
Monday, January 19, 2015
The latest data shows that the aggregate on-time performance for the Asia-Europe, trans-Pacific and trans-Atlantic trades dropped to 58 percent in December, down from 62 percent in November and 64 percent in October, according to Drewry Supply Chain Advisors.
Posted on 01/19 at 09:45 AM
Wednesday, December 31, 2014
The dubiously dubbed “Grand Canal of Nicaragua” bears a troubling resemblance to the phantom “Argentine Canal,” proposed in the 19th century. By all evidence, both ideas are frauds.
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.
Friday, November 14, 2014
A number of container lines operating between the U.S. and Asia say they intend to implement congestion charges of up to $1,000 per 40-foot container (FEU) for cargo moving via U.S. West Coast ports, effective November 17, 2014, in response to labor-related terminal delays.
Monday, October 27, 2014
September was the busiest month at the Port of Oakland in more than a year. According to port spokesmen, Oakland handled 207,412 containers at its marine terminals last month. That was the most since August 2013 when 209,138 boxes were received.
Friday, October 24, 2014
UPS today announced diluted earnings per share of $1.32 for the third quarter 2014, a 13.8% improvement over the prior year period. Operating profit increased 8.3%, resulting from balanced growth across all three segments.
Posted on 10/24 at 09:12 AM
Thursday, October 02, 2014
As the Transpacific Stabilization Agreement (TSA) carrier discussion group prepares for a new round of service contract negotiations, shippers are being told to expect a new approach to pricing.
Posted on 10/02 at 03:49 PM
Thursday, September 25, 2014
Just weeks after signing on to the “Ocean Three” vessel-sharing agreement with CMA CGM and China Shipping, United Arab Shipping Company has forged a similar deal with Hamburg Süd.
Posted on 09/25 at 09:12 AM
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Shippers attending the Intermodal Association of North America's (IANA) annual Intermodal Expo in Long Beach this week were given some good news/bad news regarding truck and rail capacity for the remaining year.
Posted on 09/25 at 08:28 AM