Category Archives for Industry News

Maersk drops feeder services to 10 Chinese ports Maersk Line will end feeder services to 10 ports in China from Sept. 1 as the carrier adjusts its inland river connections.A statement from Maersk Line said the China port cuts should not… Maersk drops feeder services to 10 Chinese ports Journal of Commerce

Pushback against new LA-LB chassis fee intensifies as FMC inquires Chassis-leasing companies, truckers and beneficial cargo owners have raised their opposition to a… Pushback against new LA-LB chassis fee intensifies as FMC inquires Journal of Commerce

Asia-Europe peak season holds little promise for container lines A quick glance at the Eurozone’s economic performance during the first half should be enough to dash any container line expectations of a meaningful increase in westbound container volumes on the… Asia-Europe peak season holds little promise for container lines Journal of Commerce

US importers eye trans-Pacific space as peak season capacity tightens LONG BEACH, California — U.S. importers, anxious because vessels in Asia are starting to fill up, are working to secure peak season space on… US importers eye trans-Pacific space as peak season capacity tightens Journal of Commerce

Trans-Pacific importers eye space as peak season capacity tightens LONG BEACH, California — U.S. importers, anxious because vessels in Asia are starting to fill up, are working to secure peak season space on… Trans-Pacific importers eye space as peak season capacity tightens Journal of Commerce

Asia-Europe spot rates dip down below ,000 per TEU Spot rates to move a 20-foot equivalent container unit from Asia to Europe fell after surging above $1,000 per box the prior week, according to the Shanghai Containerized Freight Index, as… Asia-Europe spot rates dip down below ,000 per TEU Journal of Commerce

Shippers to use lobby-and-embarrass strategy to end surcharges A global group of shippers is targeting an end to container shipping surcharges within five years via a multi-pronged plan… Shippers to use lobby-and-embarrass strategy to end surcharges Journal of Commerce

Spike takes Asia-Europe spot rates back above ,100 per box Spot rates on the Asia-Europe trade continued their volatile mid-summer ride, rising $412… Spike takes Asia-Europe spot rates back above ,100 per box Journal of Commerce

India orders more efficient port land use as it steps up reforms The government of India believes its landlord ports are underutilizing their assets and land and has proposed the leasing of vacant areas, including idle berths, for development… India orders more efficient port land use as it steps up reforms Journal of Commerce

Wind projects offer growth, challenges for breakbulk carriers Wind power shipments have emerged as one of the key growth sectors in breakbulk and project cargo shipping. Wind power capacity in the U.S. grew 15 percent last year and will increase 10 percent this year and 11 percent next year, according to the U.S. Energy Information […]