Monthly Archives for May 2017

Yang Ming: US importers from Asia upped contract volume Yang Ming and data from PIERS say shippers haven’t shied away from booking on its vessels. Yang Ming is emboldened by surging volume and revenue, narrowing losses, and the signing of trans-Pacific service contracts with higher volume guarantees. Yang Ming’s first quarter volume rocketed 14 percent […]

Duty-free truck fuel at UK ports will offset Brexit customs costs, says forwarder Andrew Baxter, MD of Europa Worldwide Group, wants duty-free fuel at UK ports for all trucks. Credit: Europa The managing director of Europa Worldwide Group, Andrew Baxter, has called on the UK government to create duty-free fuel zones within British ports to […]

DFDS profit up 10 percent on sea freight growth LONDON — DFDS’s earnings increased more than 10 percent in the first quarter on rising sea freight volume on its North European roll-on, roll-off routes. The Danish shipping and logistics company is on track to top last year’s record result. Profit before special items and tax […]

Free container database offers collaboration springboard A platform for container data is an example of how collaboration can create opportunities for greater efficiency. A free container database, known as BoxTech, shows how the sharing of electronic information can help the supply chain from BCOs to marine terminals while providing the groundwork for collaboration that can […]

Europe-ECSA rally makes southbound new headhaul Traffic from Europe to East Coast South America ports such as Montevideo has surged since the fourth quarter of 2016. The rally in container traffic on the southbound leg of the Europe to East Coast South America route is gathering pace following almost three years of decline to regain […]

Europe-ECSA rally makes southbound new backhaul Traffic from Europe to East Coast South America ports such as Montevideo has surged since the fourth quarter of 2016. The rally in container traffic on the southbound leg of the Europe to East Coast South America route is gathering pace following almost three years of decline to regain […]

Rising China-Europe backhaul demand spurs new services Trains between China and Europe follow either the trans-Kazakh western corridor or the trans-Siberian northern corridor. Credit: DHL The momentum that has been developing steadily on the rail freight link between China and Europe is spreading to the backhaul route with eastbound volumes rising sharply in the past […]

Paper blames end of carrier conferences for industry woes The paper argues that regulatory decisions made decades ago have led to the shipping industry’s current challanges. A new paper says beneficial cargo owners (BCOs) are in large part to blame for the poor service levels of today’s liner shipping industry. The paper, Globalization, Public Sector […]

Trans-Pac rates dip after spike without back-to-school surge Trans-Pacific spot rates in 2017 are trending in line with historical norms. Spot rates in the eastbound Pacific declined slightly this week following a big jump last week as the import trade from Asia waited for the peak-shipping season to begin later this summer. Based on normal […]

XPO sees big bump in new logistics, intermodal business A greater need for automation in the supply chain has helped fuel growth at XPO Logistics. Transportation markets worldwide may be “lukewarm,” but contract logistics “is hot,” XPO Logistics Chairman and CEO Bradley S. Jacobs said Thursday. Increased demand for contract logistics and e-commerce-linked last-mile delivery […]