Ship hits Chittagong cranes, adding to chronic congestion It could take months before the broken Chittagong cranes are again operational. Chittagong exporters, particularly the time-sensitive apparel makers that drive the majority of volume through the top Bangladesh gateway, are grappling with delays after a ship knocked two gantry cranes out last week, slashing container capacity […]
Read More →Trans-Pacific spot rates spike
on June 30, 2017in Industry News
Trans-Pacific spot rates spike Trans-Pacific capacity to the US East Coast appears better matched to demand than to the West Coast. Spot rates in the eastbound Pacific broke a three-week losing streak, spiking 17 percent to the East Coast and 26.2 percent to the West Coast. Carriers may want to look at this as the […]
Read More →Trans-Pac rates to US East Coast spike
on June 30, 2017in Industry News
Trans-Pac rates to US East Coast spike Trans-Pacific capacity to the US East Coast appears better matched to demand than to the West Coast. Spot rates in the eastbound Pacific broke a three-week losing streak, spiking 17 percent to the East Coast and remaining flat with last week’s rate to the West Coast. Carriers may […]
Read More →China-Europe rates rise above $1,000 per TEU
on June 30, 2017in Industry News
China-Europe rates rise above ,000 per TEU Asia-Europe spot rates have reversed a steady slide that began in May. Spot rates on the China-Europe and Mediterranean trades rose as expected this week, taking the price per TEU above $1,000 for the first time in almost two months.The rate from Shanghai to North Europe rose 13 […]
Read More →Blockchain pilots move the tech closer to adoption
on June 30, 2017in Industry News
Blockchain pilots move the tech closer to adoption The Madrid Maersk prepares to come alongside at Deurganckdok in the Port of Antwerp. The distributed ledger technology known as blockchain is being tested in a series of individual pilot projects as various sectors of the supply chain study the viability of digitising the complex communications trail […]
Read More →New Korean connection expands China-Europe rail service
on June 29, 2017in Industry News
New Korean connection expands China-Europe rail service The number of Asia-Europe rail options available to shippers continues to grow. New services continue to expand the China-Europe rail system, with DHL setting up ocean links connecting South Korea to its multimodal network and Kerry Logistics rolling out weekly less-than-container-load (LCL) services. DHL Global Forwarding has set […]
Read More →E-commerce 'cold war' seen disrupting logistics
on June 26, 2017in Industry News
E-commerce 'cold war' seen disrupting logistics WEST PALM BEACH, Florida — Disruption is headed for transportation, but not from, as many expect, high-technology startup companies. Amazon increasingly is disrupting logistics from first to last mile, and transportation, logistics and technology executives at the SMC3 2017 Connections Conference here this week are racing to identify the […]
Read More →E-commerce 'cold war' seen disrupting logistics
on June 26, 2017in Industry News
E-commerce 'cold war' seen disrupting logistics WEST PALM BEACH, Florida — Disruption is headed for transportation, but not from, as many expect, high-technology startup companies. Amazon increasingly is disrupting logistics from first to last mile, and transportation, logistics and technology executives at the SMC3 2017 Connections Conference here this week are racing to identify the […]
Read More →Ceva launches new China-Hamburg rail freight service
on June 26, 2017in Industry News
Ceva launches new China-Hamburg rail freight service Ceva is expanding its China-Europe rail network as shipper interest in such services grows. Ceva Logistics has expanded its China-Europe rail freight network with the launch of a new service between Shilong in the southern Guangdong province and Hamburg, Europe’s third-largest container port. The regular block train service, […]
Read More →Peak season space pressure looms as Europe orders rise
on June 23, 2017in Industry News
Peak season space pressure looms as Europe orders rise APL containers stacked at the port of Shenzhen’s Chiwan terminal. Credit: APL The container shipping market is preparing for a strong Asia-Europe peak season with cargo owners and carriers reporting rising orders from Europe and tightening space on vessels heading westward.Several gateway ports in Europe reported […]
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