Monthly Archives for January 2017

US court rejects appeal by ro-ro shippers in antitrust case A US appeals court has upheld a lower court’s decision that vehicle buyers and dealers cannot pursue private antitrust lawsuits seeking treble damages from roll-on, roll-off carriers that colluded to fix shipping rates. The Philadelphia-based 3rd US Circuit Court of Appeals affirmed a federal district […]

Landstar's Laredo expansion extends Mexico reach Landstar System is planning for an expansion of US-Mexican trade, despite the uncertainty surrounding President Donald Trump’s trade policies and challenges facing Mexico’s economy. The $3.3 billion US trucking operator opened a terminal in Laredo, Texas, the largest crossing point for US-Mexico truck traffic, significantly increasing Landstar’s cross-border capacity. […]

Hidden costs weigh down Indian exporters Infrastructure bottlenecks, archaic procedures, and bureaucratic delays create heavy extra costs that hurt India’s trade growth, according to Maersk Line and the Confederation of Indian Industry, or CII. India’s four key export sectors — textiles, pharmaceuticals, electronics, and automobile components… Hidden costs weigh down Indian exporters Journal of Commerce

Trans-Pac importers face rising contract rates or more risk later US shippers negotiating annual trans-Pacific service contracts face a potentially no-win scenario this year: Lock in capacity now at higher rates than just weeks ago or hold off until the… Trans-Pac importers face rising contract rates or more risk later Journal of Commerce

Fuel hikes set to consolidate Mexican trucking sector A double-digit increase in fuel costs will drive smaller Mexican trucking companies off the road, pushing freight rates higher, the head of one of Mexico’s larger trucking firms said. The 17 percent spike in diesel fuel prices in Mexico Jan. 1 is just one of several factors […]

Brazilian customs strike ends A long-standing and damaging series of strikes and slowdowns by customs officers in Brazil has ended, according to officials in the capital Brasilia and the port of Santos. The dispute — over pay, pensions, and working… Brazilian customs strike ends Journal of Commerce

Service details of new trans-Pacific carrier emerge SM Line plans to deploy five ships acquired from Hanjin Shipping with capacities of 6,500 twenty-foot-equivalent units on a service connecting China and South Korea to the Port of Long Beach in April. That will… Service details of new trans-Pacific carrier emerge Journal of Commerce

Samsung: Trans-Pac contracts not replicating rising spot rates The ongoing rise in trans-Pacific spot rates has so far not been replicated in contract rates for large shippers, which are still similar… Samsung: Trans-Pac contracts not replicating rising spot rates Journal of Commerce

Trans-Pacific spot rates jump on tight capacity The spot rate for shipping a 40-foot container from Asia to the United States jumped from the prior week, strengthening into a three-week rally as carriers keep capacity tight and importers restock ahead of factory slowdown two weeks away.   Spot rates… Trans-Pacific spot rates jump on tight capacity […]

Tight Asia-Europe space steadies spot rates Spot rates on the Asia-Europe trade have fallen only slightly from the end-of-year high, but the gradual nature of the decline appears to be a reflection of tight space and capacity management… Tight Asia-Europe space steadies spot rates Journal of Commerce