Ro/ro market still sizzling despite added tonnage, tariff threats Automobile shipments, especially electric vehicles from China, are strong, while high container rates and capacity shortages are pushing breakbulk, project cargo and equipment shippers toward the ro/ro sector. Ro/ro market still sizzling despite added tonnage, tariff threats Journal of Commerce
Read More →Changing booking environment for ocean freight key to DCSA’s traction
on July 10, 2024in Industry News
Changing booking environment for ocean freight key to DCSA’s traction Electronic booking standards across ocean carriers would make it easier for shippers and forwarders to do business with a range of capacity providers, says the Digital Container Shipping Association. Changing booking environment for ocean freight key to DCSA’s traction Journal of Commerce
Read More →Capacity overplay, dipping volumes put elevated China-India rates in reverse
on July 10, 2024in Industry News
Capacity overplay, dipping volumes put elevated China-India rates in reverse Forwarders cited two plausible factors for the price move – excess capacity pumped into the market and a moderation in cargo booking demand due to improved shipper inventory levels. Capacity overplay, dipping volumes put elevated China-India rates in reverse Journal of Commerce
Read More →German container ports hit by two-day ‘warning‘ strikes
on July 10, 2024in Industry News
German container ports hit by two-day ‘warning‘ strikes An ongoing wage dispute between the ver.di union and port employers is continuing to disrupt operations at some of the busiest container shipping hubs in North Europe. German container ports hit by two-day ‘warning‘ strikes Journal of Commerce
Read More →German container ports shut by two-day ‘warning‘ strikes
on July 10, 2024in Industry News
German container ports shut by two-day ‘warning‘ strikes An ongoing wage dispute between the ver.di union and port employers is continuing to disrupt operations at some of the busiest container shipping hubs in North Europe. German container ports shut by two-day ‘warning‘ strikes Journal of Commerce
Read More →Charleston clears vessel backlog, but expects some delays through November
on July 9, 2024in Industry News
Charleston clears vessel backlog, but expects some delays through November The port was able to clear all the recently anchored vessels, helped by a temporary reopening of all Wando Welch’s berths last week amid a 10-day pause in project work. Charleston clears vessel backlog, but expects some delays through November Journal of Commerce
Read More →US retailers upgrade import forecast for sixth straight month amid strong sales
on July 9, 2024in Industry News
US retailers upgrade import forecast for sixth straight month amid strong sales The revised forecast from the National Retail Federation comes as US consumer spending remains strong despite higher prices for merchandise and various supply chain challenges that have increased shipping costs. US retailers upgrade import forecast for sixth straight month amid strong sales Journal […]
Read More →Infrastructure, green energy projects to boost Houston breakbulk activity
on July 9, 2024in Industry News
Infrastructure, green energy projects to boost Houston breakbulk activity Spillover talk is surfacing, but a shift has yet to materialize at Port Houston while oil and gas-related steel demand is on the downswing as rig counts drop. Infrastructure, green energy projects to boost Houston breakbulk activity Journal of Commerce
Read More →INTTRA platform market share loss suggests new landscape for ocean freight booking
on July 9, 2024in Industry News
INTTRA platform market share loss suggests new landscape for ocean freight booking Shippers and forwarders now have a range of options to book with ocean carriers, who themselves have developed direct online portals to lure smaller ocean freight buyers. INTTRA platform market share loss suggests new landscape for ocean freight booking Journal of Commerce
Read More →Container carriers to shoulder bulk of Europe fuel intensity rule
on July 9, 2024in Industry News
Container carriers to shoulder bulk of Europe fuel intensity rule Ocean carriers calling at European ports are having to navigate an increasingly complex and costly decarbonization landscape. Container carriers to shoulder bulk of Europe fuel intensity rule Journal of Commerce
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