Shippers advised to closely monitor alliance partners' financial health It is not only shippers that need to pay attention to the financial state of carriers they contract with after the mess Hanjin Shipping left behind — container lines will also… Shippers advised to closely monitor alliance partners' financial health Journal of Commerce
Read More →Shippers advised to closely monitor alliance partners' financial health
on October 10, 2016in Industry News
Pay attention to your alliance partner’s financial health, Drewry advises carriers
on October 10, 2016in Industry News
Pay attention to your alliance partner’s financial health, Drewry advises carriers It is not only shippers that need to pay attention to the financial state of carriers they contract with after the mess Hanjin Shipping left behind — container lines will… Pay attention to your alliance partner’s financial health, Drewry advises carriers Journal of Commerce
Read More →NYK expects loss of $1.9 billion in first half
on October 7, 2016in Industry News
NYK expects loss of .9 billion in first half NYK Line on Friday announced that it expects to book extraordinary losses of 195 billion Japanese yen ($1.88 billion) in the first half of its fiscal year after the company devalued its assets and said expectations… NYK expects loss of .9 billion in first half Journal […]
Read More →Late trans-Pacific peak season surge seen ahead
on October 7, 2016in Industry News
Late trans-Pacific peak season surge seen ahead Peak season 2016 has finally arrived, and it looks like it will be short but sweet, with one forecaster projecting a 6 percent bump in… Late trans-Pacific peak season surge seen ahead Journal of Commerce
Read More →Carriers line up slow season rate rises out of Asia
on October 7, 2016in Industry News
Carriers line up slow season rate rises out of Asia Rate increases will be implemented across an array of trades out of Asia in October and November as shipping lines try to lift prices and scrape together a little more revenue… Carriers line up slow season rate rises out of Asia Journal of Commerce
Read More →Hanjin details when some but not all stranded ships will call US ports
on October 6, 2016in Industry News
Hanjin details when some but not all stranded ships will call US ports Hanjin Shipping on Thursday gave US importers awaiting the discharge of their stranded goods a better idea of when some ships will call but wasn’t able to give a timeline for two ships under arrest near the Panama Canal and… Hanjin details […]
Read More →Booking cancellation fee making a comeback, led by Hapag-Lloyd
on October 6, 2016in Industry News
Booking cancellation fee making a comeback, led by Hapag-Lloyd The container booking cancellation fee appears to be making its way back into container lines’ overflowing surcharge box — much to the disdain of shippers — with Hapag-Lloyd announcing plans to levy a $40… Booking cancellation fee making a comeback, led by Hapag-Lloyd Journal of Commerce
Read More →Rotterdam port ramping up containerized rail reach to hinterland
on October 6, 2016in Industry News
Rotterdam port ramping up containerized rail reach to hinterland ROTTERDAM, Netherland — The Port of Rotterdam is aiming to expand its reach into the central European hinterland via containerized rail by requiring new terminals to make use of its expanded on-dock… Rotterdam port ramping up containerized rail reach to hinterland Journal of Commerce
Read More →Container shuttle service connects south Brazilian terminals
on October 6, 2016in Industry News
Container shuttle service connects south Brazilian terminals A new container shuttle connecting the Brazilian city of Porto Alegre with a container terminal in Rio Grande offers shippers needing access to the city and south of Brazil connections to cabotage, Mercosur coastal and long-haul routes, and… Container shuttle service connects south Brazilian terminals Journal of Commerce
Read More →PIL joins India logistics investment rush with joint venture
on October 6, 2016in Industry News
PIL joins India logistics investment rush with joint venture Singapore’s Pacific International Lines has set up joint venture arrangements with Mumbai-based Apollo LogiSolutions to offer container warehousing and transportation solutions, marking its first foray into India’s logistics market. PIL is the latest of… PIL joins India logistics investment rush with joint venture Journal of Commerce
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