Trans-Pacific spot rates slip as weak demand offsets capacity cuts Trans-Pacific spot rates slipped again this week as weak demand and overcapacity keep them under downward pressure. The rate for shipping a 40-foot-equivalent unit… Trans-Pacific spot rates slip as weak demand offsets capacity cuts Journal of Commerce
Read More →Trans-Pacific spot rates slip as weak demand offsets capacity cuts
on August 12, 2016in Industry News
Aug. 15 GRIs not enough to lift Asia-Europe spot rates
on August 12, 2016in Industry News
Aug. 15 GRIs not enough to lift Asia-Europe spot rates The peak season and planned general rate increases are having no positive… Aug. 15 GRIs not enough to lift Asia-Europe spot rates Journal of Commerce
Read More →Expedited trucker V3 speeds its own growth
on August 11, 2016in Industry News
Expedited trucker V3 speeds its own growth In a sluggish economy, without major disruptions or emergencies, the expedited trucking business tends to move slowly. Freight that would be shunted to an expedited truck or van… Expedited trucker V3 speeds its own growth Journal of Commerce
Read More →Maersk drops feeder services to 10 Chinese ports
on August 10, 2016in 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
Read More →Pushback against new LA-LB chassis fee intensifies as FMC inquires
on August 9, 2016in Industry News
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
Read More →Asia-Europe peak season holds little promise for container lines
on August 9, 2016in Industry News
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
Read More →US importers eye trans-Pacific space as peak season capacity tightens
on August 5, 2016in Industry News
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
Read More →Trans-Pacific importers eye space as peak season capacity tightens
on August 5, 2016in Industry News
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
Read More →Asia-Europe spot rates dip down below $1,000 per TEU
on August 5, 2016in Industry News
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
Read More →Shippers to use lobby-and-embarrass strategy to end surcharges
on August 1, 2016in Industry News
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
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