Monthly Archives for March 2023

Maersk going it alone, so far, on policy changes to free time billing Maersk in April will stop collecting detention and demurrage fees on days terminals are closed and shippers can’t pick up or drop off containers, a move yet to be followed by competing ocean carriers. Maersk going it alone, so far, on policy […]

Maersk going it alone, so far, on free time billing policy changes Maersk in April will stop collecting detention and demurrage fees on days terminals are closed and shippers can’t pick up or drop off containers, a move yet to be followed by competing ocean carriers. Maersk going it alone, so far, on free time […]

MPV carrier Swire Projects eyes growth in Australian project market New operator Swire grows its fleet and gears up to move cargo for the busy Australian minerals and energy markets. MPV carrier Swire Projects eyes growth in Australian project market Journal of Commerce

Tale of two halves as OOCL banks billion net profit for 2022 OOCL is so confident its balance sheet can withstand current market challenges that the carrier has returned 70 percent of its net profit to shareholders. Tale of two halves as OOCL banks billion net profit for 2022 Journal of Commerce

ILWU Canada triggers federal intervention in contract talks with employers ILWU Canada is seeking significant wage increases, while automation of cargo-handling equipment, a source of tension in past contract negotiations, will likely once again be a prominent issue. ILWU Canada triggers federal intervention in contract talks with employers Journal of Commerce

Knight-Swift to buy truckload carrier US Xpress for 8 million  Knight-Swift, the largest US truckload provider, will substantially expand its reach and scalability for shippers with the purchase of US Xpress, the country’s ninth-largest truckload carrier. Knight-Swift to buy truckload carrier US Xpress for 8 million  Journal of Commerce

New IMO rules muddying vessel strategy for MPV, heavy-lift owners MPV and heavy-lift vessel owners need clarity on emissions, alternative fuels, and regulations before committing to new vessel schemes. New IMO rules muddying vessel strategy for MPV, heavy-lift owners Journal of Commerce

Disruptions always lurking in container shipping: analyst While the ocean shipping market has largely normalized after COVID-19, stakeholders would be wise to pursue a business strategy that takes operationally disruptive events into account, writes analyst Lars Jensen. Disruptions always lurking in container shipping: analyst Journal of Commerce

Cash-rich ocean carriers can ride out market downturn: AlixPartners Carriers can use their windfall profits of the COVID era to withstand the market downturn and are investing in strategic ways to supplement core liner shipping activities. Cash-rich ocean carriers can ride out market downturn: AlixPartners Journal of Commerce

Proactive approach to ISPM 15 progressing despite roadblocks Breakbulk shippers and logistics providers have several proposals for changes to ISPM 15 mitigation and enforcement measures pending approval from the USDA’s Animal and Plant Health Inspection Service. Proactive approach to ISPM 15 progressing despite roadblocks Journal of Commerce