Category Archives for Industry News

LA-LB’s multifaceted big ship strategy shows work ahead for other US ports HUNTINGTON BEACH, California — The more than decade-long comprehensive effort mounted by terminal operators in Los Angeles-Long… LA-LB’s multifaceted big ship strategy shows work ahead for other US ports Journal of Commerce

Hanjin shadow looms over 2017 service contract talks The shadow of Hanjin Shipping’s collapse will fall heavily over the 2017 trans-Pacific contract negotiations early next year with BCOs expecting carriers to push freight rates up to more profitable levels and shippers intent… Hanjin shadow looms over 2017 service contract talks Journal of Commerce

Chassis provider warns of Hanjin sending uninsured equipment on US highways NEWARK — Chassis provider Flexi Van Leasing has asked a federal judge to cancel all its per-diem leasing agreements with Hanjin Shipping, saying it fears the troubled Korean carrier will send “thousands” of chassis onto highways without insurance coverage. A motion filed by the […]

Identifying food shipment suppliers is just part of the job Q: I’m about to do my first international shipments with my company. We ship fruit from South America to Australia and China. I was reading a few articles of yours and found them very informative, but I’m having some trouble understanding third-party billing. My main […]

Backers see first offshore US wind farm as stepping stone Wind energy equipment has become a mainstay of the breakbulk and project market. So when the first US offshore wind farm was completed this year, industry officials… Backers see first offshore US wind farm as stepping stone International Freight

Gantry cranes mean big business for heavy-lift carriers Deliveries of ship-to-shore container gantry cranes, which are transported by specialized heavy-lift vessels, rose slightly last year but remain below the pre-recession peak. Last year’s deliveries totaled 237, compared with 233 in 2014, according to an annual survey by the Port Equipment… Gantry cranes mean big business […]

Trans-Pacific spot rates rise on GRI hopes Trans-Pacific spot rates rose this week ahead of an Oct. 15 general rate increase by carriers as Chinese factories returned to operation after last week’s shutdown for China’s annual Golden Week holiday. The increase could be a sign that a projected peak-season… Trans-Pacific spot rates rise on GRI […]

Asia-Europe spot rate slide arrested as China holidays end The Asia-Europe spot rate recorded a surprising $56 per 20-foot-equivalent unit increase this week despite expectations that prices would continue to fall as the trade route moved deeper into the low season.China opened for business… Asia-Europe spot rate slide arrested as China holidays end Journal of […]

Global spat over steel trade could shift supply patterns A global fight over the steel trade could affect sourcing for one of the most important commodities for multipurpose vessels. The US and European Union are pushing back against alleged below-cost dumping of steel… Global spat over steel trade could shift supply patterns International Freight

Judge: Hanjin can’t charge shippers for boxes it can’t carry NEWARK, New Jersey — Hanjin Shipping cannot require payment from exporters who find another carrier to move cargo that the the South Korean carrier was unable to deliver, a US bankruptcy court judge has… Judge: Hanjin can’t charge shippers for boxes it can’t carry Journal […]