Category Archives for Industry News

Amid trans-Pac spot rate uptick, October blank sailings emerge Carriers plan October blank sailings even as they introduce extra-loader vessels to handle import surge in September. (Above: The Port of Los Angeles.) Photo credit: Shutterstock.com. Even as trans-Pacific carriers capitalize on higher demand, edging spot rates up again this week, and deploying so-called extra-loader ships […]

In spite of quarterly loss, CMA CGM positive on profitability As with other ocean carriers, rising bunker fuel prices weighed on CMA CGM’s second-quarter results. Even so, its CEO and chairman remained positive regarding 2018’s second half, citing the rise in freight rates and sustained volumes, in addition to the quality of its service offering. […]

North America truck capacity tightness drives inland port, barge innovation An axiom argues, “Necessity is the mother of invention,” and there’s no better example of that than what tight North American truck capacity has prompted. One example: More shippers in Georgia, Alabama, and Tennessee can now ship their containers from Murray County, Georgia, to the […]

Krishnapatnam leads South India transshipment The Krishnapatnam Port Container Terminal. Photo credit: Krishnapatnam Port. Container movement to/from South India is on the upswing, thanks to the emerging economy’s robust GDP growth — estimated at 8.2 percent in the April-to-June quarter, a new JOC.com market analysis shows, with Krishnapatnam Port — a privately-operated, alternative minor gateway — continuing to lead transshipment freight […]

Dicom’s split of US, Canada divisions sets both up for growth Both Dicom Canada and Wind Point’s Dicom USA are pursuing a larger share of e-commerce-related business on both sides of the border, whether through parcel shipping, trucking, last-mile/last-touch logistics, or pool distribution services. Photo credit: Dicom. The division of Dicom Transportation between Britain’s Royal […]

Maersk deploys electronic cargo tracking for Nepal trade   Electronic seals are considered tamper proof and, as such, the new Maersk process enhances supply chain security. In addition, as the process eliminates the need for physical, on-site inspection by customs officials, it can reduce shipper logistics costs. Photo credit: Shutterstock.com. Ocean carriers and others in […]

Amazon van order accelerates delivery network strategy   The company Wednesday said it would buy up to 20,000 Amazon-branded delivery vans from Mercedes-Benz to provide to delivery partners. Photo credit: Shutterstock.com. Amazon is putting wheels on the ground in a bid to expand its third-party-based distribution network as shipping costs rise. The company Wednesday said it […]

2M’s Asia-Europe capacity slash serves warning of slowing trade Market expectation that a second half capacity-demand balance in global container shipping would support a recent upswing in pricing is looking less likely with fresh emerging market concerns, uncertainty over the impact of US-driven trade tariffs, and prospects for more, and a persistent oversupply of capacity. […]

Construction slows trucks to Yangshan amid trans-Pac peak Construction work on the Donghai Bridge connecting Shanghai’s Yangshan Port (above) to the mainland is limiting truck access to the world’s busiest container port at the height of peak shipping season. Photo credit: Shutterstock.com. Construction work on the Donghai Bridge connecting Shanghai’s Yangshan Port to the mainland […]

AAL adds vessel on stronger Australia iron ore demand AAL loads a 450-ton condensing unit in Changshu, China for discharge at Port Hedland, Australia. Photo credit: AAL. Increasing demand is percolating through the global supply chain to Australia, a key source of iron ore, essential to steelmaking, as well as coal, natural gas, and other […]