Monthly Archives for October 2016

Chassis provider released from Hanjin contract but retroactive insurance waived NEWARK, Jersey — A federal judge on Tuesday allowed Flexi-Van Leasing to terminate the leases on 3,500 of its trailers assigned to Hanjin Shipping, after the chassis company expressed concerns that the troubled carrier didn’t have insurance coverage for them. Yet Judge John K. Sherwood, […]

Impacts of mega-ships on US ports spread unevenly Multiple calls by large vessels on certain days of the week, known as vessel bunching, are straining the equipment and labor resources at US ports and presenting a growing threat… Impacts of mega-ships on US ports spread unevenly Journal of Commerce

Railroad fee latest to increase Russian surface transport costs Shippers using Russia’s railroads may have their freight rates increase 15 percent to 17 percent as a result of a new fee levied on containers from the national railway RZD to fund infrastructure investment. The fee will further drive up surface transportation… Railroad fee latest to […]

Asia-Europe shippers prep for rate increases in 2017 contracts Shippers on the Asia-Europe westbound route have either begun or will soon start their 2017 service contract talks with container lines and in a snap poll of three major beneficial… Asia-Europe shippers prep for rate increases in 2017 contracts Journal of Commerce

Container shipping industry solutions require cooperation, concrete action Here at JOC.com and IHS Maritime & Trade, we talk a lot about solutions. Indeed, it’s our mission to make shipper- and provider-based solutions to real and potential logistics disruptions the center of all we do. But in the great majority of cases, solutions in the industry […]

Shippers look deeper than carrier losses to avoid next Hanjin When shippers awoke on Aug. 31, they faced a new reality: Hanjin Shipping, along with many… Shippers look deeper than carrier losses to avoid next Hanjin Journal of Commerce

Solutions to problem of no-show containers elusive In recent weeks, we have heard container lines repeatedly complain about no-show containers, the phenomenon of containers being booked for a particular sailing and not showing up. No one disputes this is a major industry challenge. The question is, how can it get resolved? As Maersk Line Global […]

How can shippers avoid another Hanjin debacle? When shippers awoke on Aug. 31, they faced a new reality: Hanjin Shipping, along with many… How can shippers avoid another Hanjin debacle? Journal of Commerce

Deadline for filing Hanjin claims in South Korean court looms NEWARK, New Jersey — Creditors of Hanjin Shipping have just four days to make a claim against the troubled container line, and must file it in the South… Deadline for filing Hanjin claims in South Korean court looms Journal of Commerce

Trans-Pacific cargo rolled on spot rate strength and late peak-season surge US importers are riding an increase in rolled cargo, as trans-Pacific eastbound spot rates hold at levels at twice that of some contracted prices and vessel utilization inches us on a late peak-season surge. While the increased freight… Trans-Pacific cargo rolled on spot rate […]