Monthly Archives for March 2017

US exporters’ scramble for containers a warning to importers Signs of tight container supply continue to surface. US exporters are having a harder time than usual securing containers, another warning for importers that a short-term global container shortage may be ahead. While Asian importers in the US haven’t reported any trouble finding boxes to date, […]

Carriers urged to drill down on costs and tech amid grim outlook Container lines must continue to wring efficiencies out of their operations. The undeniably grim outlook for global container lines in 2017 nevertheless could brighten if carriers focus on cost cutting, pursue mergers, continue shrinking carrier fleets and use digitalization to more accurately track […]

Video: Shippers must grapple with transforming industry The panel “Transformation in Container Shipping: It’s Finally Happening, So What Does It Mean?” brought together Ronald D. Widdows, former APL/NOL CEO and current chairman of the World Shipping Council, Tan Hua Joo, executive consultant for Alphaliner, and Mario O. Moreno, senior economist for IHS Markit, to discuss […]

Standardization, penalties advised to cut inaccurate ocean billing Shipper frustration with invoicing issues continues to mount. LONG BEACH, California — Beneficial cargo owners and NVOs looking to curb inaccurate billing by carriers should demand more time to closely analyze invoices before payment, ask the carrier to use a standardized invoice, and insert a penalty into […]

FMC scraps 30-day service contract amendment rule Ocean carriers and large shippers welcomed the rule change. WASHINGTON — US maritime regulators on Monday unanimously voted to scrap a rule requiring container lines to report amendments to service contracts before they go into effect, as part of a broader effort to save BCOs, carriers, and NVOCCs […]

Maersk, IBM digitalize global container supply chain The secure and decentralized nature of blockchain has garnered the attention of numerous industries. Maersk Line and IBM have teamed up to deploy “blockchain” technology to digitalize the complex paper trail involved in the global supply chain, a major collaboration promising to reduce cost, errors, and time involving […]

BCOs battling for Europe-Asia space Shippers on the North Europe-Asia trade are running into space issues as… Maritime News›Container Lines Asia-Europe International Logistics Logistics Providers Read more about BCOs battling for Europe-Asia space Log in or register to post comments BCOs battling for Europe-Asia space Journal of Commerce

Container-tracking portal needed to aid US matchbacking LONG BEACH, California — A severe lack of technology with container-level visibility is stunting matchback opportunities for shippers in the US heartland, spurring the need for a portal detailing container type, location, and availability for BCOs and… Container-tracking portal needed to aid US matchbacking Journal of Commerce

Trans-Pacific spot rates slip again Spot rates in the eastbound Pacific dropped this week below $3,000 per 40-foot-equivalent unit to the East Coast and $1,500 per FEU to the West Coast, but compared with the same post-Chinese New Year… Trans-Pacific spot rates slip again Journal of Commerce

Asia-Europe spot rate hikes fail to stick Spot rates to move a container from Asia to North European and Mediterranean ports fell this week despite carriers’ attempt to seek a March 1 rate increase on higher volume tied to the restarting of Asian factories after… Asia-Europe spot rate hikes fail to stick Journal of Commerce