Category Archives for Industry News

Trans-Pacific eastbound spot rates pop as peak season nears Spot rates in the eastbound trans-Pacific got a nice pop this week as retailers move closer to the peak-shipping season, according to the Shanghai Containerized Freight Index. The spot rate for shipping a 40-foot container from Shanghai… Trans-Pacific eastbound spot rates pop as peak season nears […]

Asia-Europe spot rates fall ahead of Med capacity injection The slide in spot freight rates from Asia to North Europe and the Mediterranean continued this week, even as G6 Alliance carriers start to ramp up both… Asia-Europe spot rates fall ahead of Med capacity injection Journal of Commerce

Top forwarders grapple with container shipping alliance reshuffling The world’s forwarders that manage half of the global container trade are accustomed to the frequently changing shape of the liner… Top forwarders grapple with container shipping alliance reshuffling Journal of Commerce

Longer trucker turn times at LA-LB cost shippers Truck lines in Los Angeles-Long Beach got slightly longer in June, much to the chagrin of truckers who completed fewer daily turns, and to some beneficial cargo owners… Longer trucker turn times at LA-LB cost shippers Journal of Commerce

European shippers attack EU-liner pricing deal The European Shippers Council today claimed container lines’ recent commitments to the European Commission over general rate increase announcements “does not solve the price-fixing problem” that will… European shippers attack EU-liner pricing deal Journal of Commerce

Lack of US Customs funding endangers timely cargo clearance WASHINGTON — Limited resources continue to make it difficult for U.S. Customs and Border Protection to guarantee the security of cargo, threatening the agency’s ability to clear cargo in a… Lack of US Customs funding endangers timely cargo clearance Journal of Commerce

Spot rates on Asia-Latin America take off as carriers slash capacity Spot freight rates on the Asia-east coast South America… Spot rates on Asia-Latin America take off as carriers slash capacity Journal of Commerce

Ship upsizing no guarantee of trans-Pacific capacity glut U.S. importers will continue to enjoy sufficient vessel space during this peak shipping season, but with container lines desperate to make general rate increases stick,… Ship upsizing no guarantee of trans-Pacific capacity glut Journal of Commerce

Intermodal group launches app targeting port drivers’ empty trips A U.S. intermodal trade group has launched… Intermodal group launches app targeting port drivers’ empty trips Journal of Commerce

Asia-Europe spot rates unable to sustain gains Spot freight rates on the Asia-North Europe trade quickly gave back half of last… Asia-Europe spot rates unable to sustain gains Journal of Commerce