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New entrants could derail Maersk’s rosy view of capacity In what was both a statement of optimism and an acknowledgement of the depth of overcapacity affecting the container sector, the Maersk Group CEO said that by… New entrants could derail Maersk’s rosy view of capacity Journal of Commerce

End to container overcapacity? Not so fast In what was both a statement of optimism and an acknowledgement of the depth of overcapacity affecting the container sector, the Maersk Group CEO said that by 2022 — five years from now — container shipping supply and demand could finally be in balance. But that is a […]

Maersk eyes FedEx, UPS style future The Maersk Group’s plans to integrate its liner, terminal, and forwarding units will allow it to transform itself into a “pure play,” global, container logistics group operating like FedEx and UPS,… Maersk eyes FedEx, UPS style future Journal of Commerce

Shipper beware: B/L Section 7 is there to protect you Q: We, a motor carrier, were hired to transport a shipment by the consignee. This was a usual arrangement, and we’ve handled a lot of past shipments for this customer in the same way. After we delivered the shipment, we found out the consignee had […]

No 2M membership for HMM as slot deal signed with Maersk, MSC Maersk Line and Mediterranean Shipping Company will enter a three-year “strategic cooperation” agreement with Hyundai Merchant Marine, but the Korean carrier will not be joining the 2M Alliance.The cooperation begins in April 2017, subject to regulatory approval, and will be a combination of […]

Warehousing, logistics demand rising on US-Mexico border Talk of construction along the US-Mexican border is about more than building a wall. At major border crossing points, industrial developers are eyeing logistics projects, including warehousing and distribution centers, as cross-border… Warehousing, logistics demand rising on US-Mexico border Journal of Commerce

Russian terminal operators hike rates despite investigations Terminal operators continue to drive up prices for their services at Russian ports despite the intense scrutiny of the country’s competition regulator and threats to cap profit margins. Shippers say… Russian terminal operators hike rates despite investigations Journal of Commerce

Trans-Pacific spot market enters winter lull Spot rates in the eastbound Pacific edged lower this week, as expected, because most of the holiday merchandise has already been delivered to US shores. But another modest spike in freight rates is anticipated later… Trans-Pacific spot market enters winter lull Journal of Commerce

Focus on container flow, not cost-cutting, to heal ailing industry ISELIN, New Jersey — Container lines and shippers can fix what some consider to… Focus on container flow, not cost-cutting, to heal ailing industry Journal of Commerce

Steady rise in Asia-Europe spot rates that pass ,000 mark Asia-Europe spot rates continued their march upwards this week with the price moving past $1,000 per 20-foot-equivalent unit for the first time since the 2016 high reached on July 1, data from the Shanghai Shipping Exchange’s… Steady rise in Asia-Europe spot rates that pass ,000 […]