Category Archives for Industry News

Carriers' move beyond ocean shipping beset with challenges Above The Port of Oakland. Photo credit: Shutterstock.com. HAMBURG — Container lines’ effort to move upstream and downstream into services that go beyond port-to-port ocean freight is beset by challenges from e-commerce giants and new startups also looking to better provide shippers the higher service e-retailing demands. […]

Slideshow: NVO rankings and state of trans-Pac market Non-vessel-operating common carriers have come to the rescue of beneficial cargo owners seeking better service guarantees and lower rates from ocean carriers they have contracted with for Asian imports. Data from PIERS, a sister company of JOC.com within IHS Markit, show the NVO share of imports from Asia grew 1.7 […]

New NAFTA rules – a boon to US auto employment? Most observers of the current North American Free Trade Agreement (NAFTA) negotiations will recall that one of the US President Donald Trump’s primary objectives in renegotiating the trade deal was to create a manufacturing renaissance in the United States. President Trump believes NAFTA (and free […]

What NVOs need to know about the US surety bond requirement Whether you’re already operating as a non-vessel-operating common carrier (NVOCC or NVO), or planning to launch your activities, there are a number of legal requirements that you have to meet — and stay compliant with. One of the most important criteria that the Federal […]

India studying mid-sea site for transshipment operations Above: A beach in the Andaban and Nicobar islands archipelago. Photo credit: Shutterstock.com. With India’s economy growing at a robust pace — fiscal-quarter (April-June) GDP growth if forecast to increase 8.2 percent — the emerging market nation is considering a more-strategic port locale along the Bay of Bengal coastline […]

Expanded Deltaport rail deepens Vancouver’s interior reach About 70 percent of Vancouver’s (above) imports and 55 percent of total container volume move by rail. Photo credit: Shutterstock.com. GCT Deltaport went live Monday with its intermodal yard expansion project designed to improve productivity, increase safety, and expand the capacity of rail operations at Vancouver’s largest container […]

Chittagong to prioritize bigger ships to increase productivity Above: Chittagong port. Photo credit: Shutterstock.com. The Chittagong Port Authority (CPA) will restrict ships with less than 1,000 TEU on board in order to increase port productivity. The CPA implemented the measure to reduce vessel wait times and the long queue in the outer anchorage. The authority […]

LCL providers try to shore up rate volatility exposure Klaus Jepsen, group CEO of Shipco Transport, a neutral NVOCC, said his company will always be susceptible to underlying rates. “We are very much a victim of the freight rate,” he said. “It depends on the carriers. When you see rates go up, it’s sort of […]

Shippers, carriers find reefer opportunities in familiar, new places According to Dan Halstrom, president and CEO of the US Meat Export Federation (USMEF), beef and pork production is on track to hit a record high this year, following equally strong production in 2017. Photo credit: Shutterstock.com. The reality of constant change presents both opportunities and […]

Trans-Pac spot rates plunge before next US import rush Logistics experts are concerned that normal peak-season shipments in October, combined with a rush of imports driven by fear of the Jan. 1 tariffs, could stress both marine terminals and distribution facilities. (Above: The Port of Los Angeles.) Photo credit: Shutterstock.com. US importers should not assume […]