Port of Hamburg grows with transatlantic trade

Logistics investments in Germany are on the rise in 2012, in part to meet growing retail demand
By Patrick Burnson, Executive Editor
February 21, 2012 - LM Editorial

The number of containers passing through Hamburg rose 14 percent in 2011, helping Germany’s largest port jump to number two in Europe. Germany’s economic growth carried the EU in 2011, increasing the country’s attractiveness as an investment destination.

As reported in LM, there’s been a new concentration of ocean cargo vessel deployments contributing to this trend.

The New World Alliance (TNWA), comprising APL Co. Pte Ltd (APL), Hyundai Merchant Marine (HMM) and Mitsui OSK Lines (MOL) recently announced the launch of a new Trans-Atlantic service connecting Europe and the UK with the US East Coast and Panama.

According to spokesmen attending the current Retail Industry leaders Association’s (RILA) annual meeting in Dallas this week, logistics investments in Germany are on the rise in 2012, in part to meet growing retail demand.

“During the crisis of 2009, ports across Europe were eerily quiet. And just two years later German exports reached an all-time record. Such a quick turnaround would not have been possible without a world-class infrastructure and the strongest domestic market in Europe. These are the key reasons companies choose Germany for their European logistics operations,” said David Chasdi, logistics expert at Germany Trade & Invest in Berlin.

Already this year, companies have invested in new logistics facilities in Germany: Penske Logistics recently inaugurated a new office in Dusseldorf to deliver logistics services to companies in the automotive, healthcare, manufacturing, and chemical sectors. The company was supported by Germany Trade & Invest. Also in 2012, Amazon will open two new facilities and Swiss logistics giant Kuehne + Nagel broke ground on its massive facility in Duisburg, the world’s largest inland port.

Over 9 million containers (132.2 million tons) passed through Hamburg in 2011, a gain of over a million containers in one year. But Hamburg was not the only port to grow. Freight passing through the Baltic Sea port of Kiel increased 8.5 percent to 6 million tons in 2011, setting a new record for the hub serving Scandinavia, Russia and the Baltic states. The North Sea port of Bremerhaven also claimed the top European spot for automobile handling. And the new deep sea port in Wilhelmshaven - JadeWeserPort –is attracting customers with deep discounts through 2018.



About the Author

image
Patrick Burnson
Executive Editor

Patrick Burnson is executive editor for Logistics Management and Supply Chain Management Review magazines and web sites. Patrick is a widely-published writer and editor who has spent most of his career covering international trade, global logistics, and supply chain management. He lives and works in San Francisco, providing readers with a Pacific Rim perspective on industry trends and forecasts. You can reach him directly at .(JavaScript must be enabled to view this email address).


Subscribe to Logistics Management magazine

Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your
entire logistics operation.
Start your FREE subscription today!

Recent Entries

The dark side of the “Amazon effect” and larger impact made by the explosive growth in e-commerce may soon be seen when organized labor prepares for a massive air cargo strike.

During this webcast our panelist offer logistics and supply chain professionals a “reality check” when it comes to our current state of understanding, adoption, and utilization of the technological tools that are available to improve our operations.

The index ISM uses to measure non-manufacturing growth—known as the NMI—was 55.7 in April (a level of 50 or higher indicates growth), which was up 1.2 percent compared to March, with economic activity in the non-manufacturing sector growing for the 75th consecutive month.

Total gross first quarter revenue for XPO was up 404.4 percent annually to $3.5 billion, with net revenue up 510.5 percent to $1.6 billion. While gross and net revenue were up, the company reported a net loss of $23.2 million, or $0.21 per diluted share and an adjusted net loss attributable to common shareholders of $9.3 million or $0.08 per share.

Regardless of capacity, pricing, or the economy, trucking industry regulations are never far from the freight transportation limelight. That is especially evident when it comes to the federally mandated hours-of-service (HOS) regulations. As usual, the current state of HOS remains somewhat fluid. And the reason for that has to do with legislation coming from the Senate Transportation Appropriations legislation that is currently being considered by the Senate.

Article Topics

News · Ocean Freight · Ocean Cargo · Logistics · All topics

About the Author

Patrick Burnson, Executive Editor
Patrick Burnson is executive editor for Logistics Management and Supply Chain Management Review. Patrick covers international trade, global logistics, and supply chain management. He lives and works in San Francisco, providing readers with a Pacific Rim perspective on industry trends and forecasts. Contact Patrick Burnson

Comments

Post a comment
Commenting is not available in this channel entry.


© Copyright 2016 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA