Category Archives for Industry News

Drayage providers face Hajin-related detention, storage costs Drayage companies that have handled or are storing Hanjin Shipping assets such as empty containers should develop a business plan that protects them against detention and… Drayage providers face Hajin-related detention, storage costs Journal of Commerce

Trans-Pacific spot rates dip despite import strength Spot freight rates in the eastbound trans-Pacific declined slightly this week, but imports from Asia are still at peak-season levels and are supporting relatively strong rate levels. The spot… Trans-Pacific spot rates dip despite import strength Journal of Commerce

Santos strikes test shippers, Brazil government Customs officers in the Brazilian port of Santos have struck for two days straight, testing the mettle of new President Michel Temer, who vowed that the government would not pay striking workers… Santos strikes test shippers, Brazil government Journal of Commerce

Asia-Europe spot rates slip amid contract talks Asia-Europe spot rates gave up ground again this week but remain substantially elevated from last year and the historic lows reached in spring 2016. As Asia-Europe shippers begin contract talks with container lines, liners are… Asia-Europe spot rates slip amid contract talks Journal of Commerce

New contract system awaits Russian rail, road shippers Russian auto and railway carriers will soon adopt a new contracting system meant to provide shippers with long-term pricing certainty and increase infrastructure investment, but some shippers worry… New contract system awaits Russian rail, road shippers Journal of Commerce

US importers told to prepare for higher trans-Pacific contract rates, less perk giveaways NEW YORK —  US importers of containerized goods from Asia should expect to pay more for their 2016-2017 contracts and be prepared to say goodbye to giveaways, such as free detention and chassis, said the head of a discussion group of container […]

Three shipping alliances' balanced power to fuel fierce competition When the three major carrier alliances launch their new trans-Pacific services next spring, they will blanket North America with broad coverage from North Asia, South Asia, and Southeast Asia, and they can be expected to compete fiercely as three powerful but equal carrier groupings.  In fact, […]

Brazilian box ports battle for fruit exports The ports of Salvador and Suape are battling it out for Brazilian fruit exports, and the lower terminal handling charges of Salvador have given it an edge with shippers. Many containerized fruit imports originate in the state of Pernambuco,… Brazilian box ports battle for fruit exports Journal of […]

Liners push shippers for higher trans-Pacific contract rates Container lines are seeking to lock into long-term service contracts the higher trans-Pacific spot rates that resulted from the collapse of Hanjin Shipping, as price negotiations for the year ahead continue with beneficial cargo owners, according… Liners push shippers for higher trans-Pacific contract rates Journal of Commerce

US container imports forecast to make year-end surge US containerized importers will turn up the heat in the last two months of 2016 to restock for after the holiday shopping season, but inbound shipments will still end the year up only 2.2 percent compared to 2015. Imports in November will rise 4.4 percent year-over-year and […]