Monthly Archives for July 2018

Tariff pressure does not defuse peak season air cargo worries A slight dip in demand for air cargo in the first quarter was quickly reversed with volume steadily increasing on the east-west trades. (Above: Air cargo being loaded in Germany.) Photo credit: Shutterstock.com. The trade dispute between the United States and its major trading partners […]

Tightening Mexico truck capacity benefiting cross-border rail A variety of factors, including strong domestic US freight demand, is putting pressure on cross-border trucking between Mexico and the US. Photo credit: Shutterstock.com. Strong freight demand and higher trucking rates within the US mean fewer trucks available for northbound loads at the US-Mexican border. That’s amplifying the […]

Brazil's Porto Chibatao gets pier expansion ok, amid increasing demand   Above: Porto Chibatao. Photo credit: Shutterstock.com. Porto Chibatão has won the latest battle versus its rival container terminal operator, Superterminais, in a terminal war in Brazil’s Amazonas region. Chibatão Navegação e Comércio Ltda has just received permission from Antaq, Brazil’s ports and waterways regulatory […]

Cosco responds to cyber attack on US operations   Since Cosco’s overseas operations have not been affected, communication with US offices is able to take place, although at a slower pace, according to Cosco Senior Vice President Howard Finkel. Photo credit: Shutterstock.com. Cosco Shipping’s US operations were hit Tuesday with a cyber attack that is […]

Ruest named Canadian National CEO, interim tag lifted   Ruest has been with Canadian National since 1996, spending the last eight years as executive vice president. Photo credit: Shutterstock.com. Canadian National Railway (CN) has removed the interim tag from CEO Jean-Jacques Ruest, officially naming him as the top executive steering the company back in the […]

NYSHEX signs HMM to its growing carrier network   Hyundai Merchant Marine joins Maersk Line, CMA CGM, Hapag Lloyd, OOCL, and Cosco Shipping, and will begin posting offers on the exchange from Aug. 6 on the trans-Pacific westbound route. Photo credit: Shutterstock.com. Hyundai Merchant Marine became the sixth carrier to join the New York Shipping […]

Shippers set to benefit from DCT Gdansk, Klaipedos Smelte competition With two ports serving the Baltic region for selected trade al, a more-flexible tariff policy may ensue. Photo credit: Shutterstock.com. The battle for Baltic-region shippers will likely intensify in the years ahead, as regional leader Poland’s DCT Terminal at the Port of Gdansk seaport and […]

European breakbulk outlook brightens Leading breakbulk companies are cautiously optimistic. And the improving market conditions are also reflected in steady increases in vessel charter rates over the past 12 months. Photo credit: Shutterstock.com. Europe’s breakbulk, heavy-lift and project cargo shipping business is hoping the long-awaited rebound in demand, with volumes and freight rates edging up,… […]

China-Europe rail growth unsettles air cargo service providers Air cargo volume growth has been robust in recent years, driven by e-commerce and consumer demands for speed to market. Photo credit: Shutterstock.com. The air cargo industry is beginning to view the high speed rail network in China and the overland route to Europe with its multi-billion […]

The expanded Panama Canal: perfect timing Two years after the opening of the $5.4 billion larger locks, the Panama Canal has racked up a series of wins, from attracting services from the Suez Canal to seeing carriers deploy larger ships sooner than expected. And Administrator Jorge Quijano expects to attract more services away from the Suez Canal as ocean […]