International automakers are putting much-needed investment into Indian manufacturing facilities to increase export capacity.

Fri, 17 Jan 2025 15:59:17 GMT

A new report from the Biden administration alleges that Beijing has a poor compliance record with the WTO, practices duplicitous trade policies that give the country unfair advantages, and operates with an overall lack of transparency.

Thu, 16 Jan 2025 20:26:16 GMT

The question is not whether the market will be strong in the first quarter, but rather how high rates will climb, writes analyst Richard Bright.

Thu, 16 Jan 2025 18:07:20 GMT

The moves by Hapag-Lloyd and CMA CGM come amid uncertainty about the outlook for the intra-Asia trade, with one analyst suggesting a possible rate war could see prices in the region tumble if there is no summer peak season.

Thu, 16 Jan 2025 17:01:15 GMT

The peace deal in Gaza is highlighting the capacity overhang facing container shipping once vessels absorbed by the longer voyages around southern Africa return to the shorter route via the Red Sea and Suez.

Thu, 16 Jan 2025 16:38:14 GMT

With the president-elect looking to unwind some Biden administration policies, US port operators want to ensure that maritime transportation funding will not be unduly affected.

Wed, 15 Jan 2025 20:05:14 GMT

A handful of companies unveiled new products in the last week intended to enable decision-making based off the visibility data they provide.

Wed, 15 Jan 2025 15:29:13 GMT

The pricing move means a general rate increase planned by carriers for Jan. 15 will not be implemented, forwarders say, because demand is not sufficient to support another boost.

Tue, 14 Jan 2025 17:17:14 GMT

The shipowner’s decision to expand its MPV fleet is underpinned by expected growth in project cargo volumes and a lack of suitable ships.

Tue, 14 Jan 2025 16:48:14 GMT

The carrier said its ability to capture market share was directly linked to a shift in trade dynamics as mainline operators outsourced intra-regional services to more agile operators.

Tue, 14 Jan 2025 15:46:14 GMT

The twin complaints to the FMC charge that several ocean carriers pushed the shippers into paying surcharges and premium rates totaling $5.5 million, while creating another $76 million in added spot market costs.

Mon, 13 Jan 2025 22:05:14 GMT

Shipper-paid spot truck pricing from major US ports rose faster than the average US rate in late 2024 as importers prepared for a potential longshore strike.

Mon, 13 Jan 2025 22:00:14 GMT

Multiple forwarder sources who spoke with the Journal of Commerce confirmed that the portal booking specifics are still unavailable for February voyages from India to Europe.

Mon, 13 Jan 2025 16:01:15 GMT

The uncertainty surrounding the Red Sea was highlighted by member OOCL, and although the carrier provided both an around-Africa option and a version via the Suez, it said the Africa diversions will continue until further notice.

Mon, 13 Jan 2025 15:22:14 GMT

The decline reflects the wider slide in container freight rates from August, which accelerated in October and November as cargo demand eased.

Fri, 10 Jan 2025 19:13:13 GMT

The carrier’s top-line financials are a clear signal that container shipping is firmly back in profitable territory following a poor end to 2023 that left several carriers nursing losses.

Fri, 10 Jan 2025 17:09:14 GMT

A confluence of factors, including vessel bunching at Asian load ports and a pre-Lunar New Year cargo surge, have combined to cause congestion at the port and reduce its railcar availability.

Thu, 09 Jan 2025 20:30:14 GMT

The project, expected to drive further investment at Europe’s second-busiest port, is the largest investment in Europe’s chemical industry in more than 20 years.

Thu, 09 Jan 2025 17:13:14 GMT

With the threat of a US port strike averted, the transition to new global service networks will not be accompanied by widespread disruption, the analyst believes.

Thu, 09 Jan 2025 15:45:15 GMT

While the draft language of the tentative agreement was not disclosed, the two sides said the deal includes language that covers the contentious issue of port automation and new technologies.

Thu, 09 Jan 2025 01:03:14 GMT

Shippers have long outsourced drayage to third parties, but farming out allocation decisions to managed transportation providers threads the needle between access to capacity and neutrality.

Wed, 08 Jan 2025 17:54:13 GMT

With shippers under pressure to finalize production plans with Asian factories amid ongoing vessel diversions around Africa and elevated rates, there is little point in delaying the signing of annual contracts.

Wed, 08 Jan 2025 15:44:16 GMT

Local freight forwarders believe any extra capacity entering the Indian market from smaller ship operators working around an “opportunistic approach” has the potential to spoil rate recovery efforts by large carriers.

Wed, 08 Jan 2025 14:33:13 GMT

Carriers adopting a “wait-and-see” approach to the new regulation will face significant penalties and a potential loss of income from decarbonization-focused customers, according to a report from the classification society.

Tue, 07 Jan 2025 16:08:14 GMT

Whereas 2024 was a banner year for US West Coast ports, the pendulum could swing back to East and Gulf coast ports in 2025.

Tue, 07 Jan 2025 15:03:14 GMT

US energy and climate regulations and policies are expected to shift with the incoming Trump administration, although the magnitude of that shift is still unknown.

Mon, 06 Jan 2025 15:31:14 GMT

Increased orders and decreased recycling in 2024 helped capacity, but the volumes are still not where they need to be to balance the MPV fleet.

Mon, 06 Jan 2025 11:03:14 GMT

The IMO tends to move at a glacial pace, but with 2030 emissions targets looming, it no longer has that luxury.

Fri, 03 Jan 2025 21:00:00 GMT

Outside investment for project carriers is scarce, primarily because future project cargo flows are so difficult to predict.

Fri, 03 Jan 2025 19:58:13 GMT

Shippers must weigh the merits of a single-source relationship on drayage through key ports over splitting volume among regional and national carriers, or even brokers.

Fri, 03 Jan 2025 17:21:14 GMT

The charges come as spot rates for ex-Asia cargo into the US have climbed sharply over the past month.

Fri, 03 Jan 2025 13:02:14 GMT

The deal will see Acuitive Solutions’ AcuAudit product integrated into Cass’ freight audit and payment platform, one widely used by large shippers.

Thu, 02 Jan 2025 17:40:51 GMT

Shippers moving cargo on the inter-Americas lane can expect to see further volume growth in 2025, potentially reflected by increased attention and capacity from carriers.

Thu, 02 Jan 2025 14:24:13 GMT

While the two sides have come to terms on wages, formal negotiations have stalled since mid-November as the union and maritime employers remain stuck on what provisions the deal will include about port automation.

Tue, 31 Dec 2024 22:22:14 GMT

Shanghai and Ningbo are dealing with “serious” congestion, according to a forwarder, while labor shortages in Hamburg are causing berthing delays of up to 10 days.

Tue, 31 Dec 2024 18:13:14 GMT

In addition to any vessel backlogs resulting from a second potential ILA strike on Jan. 15, a major test for East Coast marine terminals will be their ability to handle the revamped carrier networks debuting in early 2025.

Tue, 31 Dec 2024 16:10:56 GMT

The world has become more turbulent and fragmented, with geopolitical events that are beyond the control of any supply chain participants playing an ever-larger role, writes Lars Jensen.

Tue, 31 Dec 2024 15:47:58 GMT

Rates in the eastbound trans-Pacific are surging to peak-season levels as US retailers rush to ship merchandise before many factories in Asia close during the holiday celebrations that begin on Jan. 29.

Mon, 30 Dec 2024 15:38:14 GMT

Most US retailers say they have frontloaded sufficient inventory from Asia to get them through the first quarter, but planning import volumes and supply chains beyond that point remains problematic.

Fri, 27 Dec 2024 20:35:13 GMT

The considerable intermodal ocean volumes that ordinarily would have moved in 2025 have likely been pulled forward into 2024, writes analyst Larry Gross.

Fri, 27 Dec 2024 19:08:14 GMT

A new report from the Biden administration alleges that Beijing has a poor compliance record with the WTO, practices duplicitous trade policies that give the country unfair advantages, and operates with an overall lack of transparency.

Thu, 16 Jan 2025 20:26:16 GMT

The question is not whether the market will be strong in the first quarter, but rather how high rates will climb, writes analyst Richard Bright.

Thu, 16 Jan 2025 18:07:20 GMT

The moves by Hapag-Lloyd and CMA CGM come amid uncertainty about the outlook for the intra-Asia trade, with one analyst suggesting a possible rate war could see prices in the region tumble if there is no summer peak season.

Thu, 16 Jan 2025 17:01:15 GMT

The peace deal in Gaza is highlighting the capacity overhang facing container shipping once vessels absorbed by the longer voyages around southern Africa return to the shorter route via the Red Sea and Suez.

Thu, 16 Jan 2025 16:38:14 GMT

A handful of companies unveiled new products in the last week intended to enable decision-making based off the visibility data they provide.

Wed, 15 Jan 2025 15:29:13 GMT

The pricing move means a general rate increase planned by carriers for Jan. 15 will not be implemented, forwarders say, because demand is not sufficient to support another boost.

Tue, 14 Jan 2025 17:17:14 GMT

The carrier said its ability to capture market share was directly linked to a shift in trade dynamics as mainline operators outsourced intra-regional services to more agile operators.

Tue, 14 Jan 2025 15:46:14 GMT

The twin complaints to the FMC charge that several ocean carriers pushed the shippers into paying surcharges and premium rates totaling $5.5 million, while creating another $76 million in added spot market costs.

Mon, 13 Jan 2025 22:05:14 GMT

Multiple forwarder sources who spoke with the Journal of Commerce confirmed that the portal booking specifics are still unavailable for February voyages from India to Europe.

Mon, 13 Jan 2025 16:01:15 GMT

The uncertainty surrounding the Red Sea was highlighted by member OOCL, and although the carrier provided both an around-Africa option and a version via the Suez, it said the Africa diversions will continue until further notice.

Mon, 13 Jan 2025 15:22:14 GMT

The decline reflects the wider slide in container freight rates from August, which accelerated in October and November as cargo demand eased.

Fri, 10 Jan 2025 19:13:13 GMT

The carrier’s top-line financials are a clear signal that container shipping is firmly back in profitable territory following a poor end to 2023 that left several carriers nursing losses.

Fri, 10 Jan 2025 17:09:14 GMT

A confluence of factors, including vessel bunching at Asian load ports and a pre-Lunar New Year cargo surge, have combined to cause congestion at the port and reduce its railcar availability.

Thu, 09 Jan 2025 20:30:14 GMT

With the threat of a US port strike averted, the transition to new global service networks will not be accompanied by widespread disruption, the analyst believes.

Thu, 09 Jan 2025 15:45:15 GMT

While the draft language of the tentative agreement was not disclosed, the two sides said the deal includes language that covers the contentious issue of port automation and new technologies.

Thu, 09 Jan 2025 01:03:14 GMT

With shippers under pressure to finalize production plans with Asian factories amid ongoing vessel diversions around Africa and elevated rates, there is little point in delaying the signing of annual contracts.

Wed, 08 Jan 2025 15:44:16 GMT

Local freight forwarders believe any extra capacity entering the Indian market from smaller ship operators working around an “opportunistic approach” has the potential to spoil rate recovery efforts by large carriers.

Wed, 08 Jan 2025 14:33:13 GMT

Carriers adopting a “wait-and-see” approach to the new regulation will face significant penalties and a potential loss of income from decarbonization-focused customers, according to a report from the classification society.

Tue, 07 Jan 2025 16:08:14 GMT

Whereas 2024 was a banner year for US West Coast ports, the pendulum could swing back to East and Gulf coast ports in 2025.

Tue, 07 Jan 2025 15:03:14 GMT

The IMO tends to move at a glacial pace, but with 2030 emissions targets looming, it no longer has that luxury.

Fri, 03 Jan 2025 21:00:00 GMT

The charges come as spot rates for ex-Asia cargo into the US have climbed sharply over the past month.

Fri, 03 Jan 2025 13:02:14 GMT

The deal will see Acuitive Solutions’ AcuAudit product integrated into Cass’ freight audit and payment platform, one widely used by large shippers.

Thu, 02 Jan 2025 17:40:51 GMT

Shippers moving cargo on the inter-Americas lane can expect to see further volume growth in 2025, potentially reflected by increased attention and capacity from carriers.

Thu, 02 Jan 2025 14:24:13 GMT

While the two sides have come to terms on wages, formal negotiations have stalled since mid-November as the union and maritime employers remain stuck on what provisions the deal will include about port automation.

Tue, 31 Dec 2024 22:22:14 GMT

Shanghai and Ningbo are dealing with “serious” congestion, according to a forwarder, while labor shortages in Hamburg are causing berthing delays of up to 10 days.

Tue, 31 Dec 2024 18:13:14 GMT

In addition to any vessel backlogs resulting from a second potential ILA strike on Jan. 15, a major test for East Coast marine terminals will be their ability to handle the revamped carrier networks debuting in early 2025.

Tue, 31 Dec 2024 16:10:56 GMT

The world has become more turbulent and fragmented, with geopolitical events that are beyond the control of any supply chain participants playing an ever-larger role, writes Lars Jensen.

Tue, 31 Dec 2024 15:47:58 GMT

Rates in the eastbound trans-Pacific are surging to peak-season levels as US retailers rush to ship merchandise before many factories in Asia close during the holiday celebrations that begin on Jan. 29.

Mon, 30 Dec 2024 15:38:14 GMT

Most US retailers say they have frontloaded sufficient inventory from Asia to get them through the first quarter, but planning import volumes and supply chains beyond that point remains problematic.

Fri, 27 Dec 2024 20:35:13 GMT

Extended voyages around southern Africa are currently tying up both refrigerated equipment and vessel capacity, making reefer shippers particularly vulnerable to disruptions.

Fri, 27 Dec 2024 16:54:14 GMT

Despite a glut of capacity on the water, Suez Canal diversions and healthy volumes will keep container shipping vessel supply tight, analysts predict.

Fri, 27 Dec 2024 16:25:14 GMT

With volumes likely to increase again in 2025, new port infrastructure across the region should help maintain fluidity throughout the coming year.

Thu, 26 Dec 2024 20:00:00 GMT

The market’s normal tranquility is threatened by President-elect Donald Trump’s promise to raise imports tariffs, as well as a potential second strike by the International Longshoremen’s Association.

Thu, 26 Dec 2024 16:00:00 GMT

Industry observers believe carriers on the trade lane could struggle to manage the huge influx of capacity, thus forcing them to undercut each other on pricing to maximize loadings.

Thu, 26 Dec 2024 15:08:14 GMT

Carriers have penciled in a return to the Red Sea and Suez Canal for the second half of the year, and some analysts are also using that as a baseline for their market outlooks, but the reality is that no one knows.

Mon, 23 Dec 2024 19:16:14 GMT

Container shipping has become a market where prior patterns of cyclicality must now coexist with non-cyclical forces of external shocks that long-beleaguered carriers have learned to use to their advantage, writes Peter Tirschwell.

Mon, 23 Dec 2024 14:53:14 GMT

The vessels will vary in size between 8,000 TEUs and 15,000 TEUs and are likely meant for deployment on the carrier’s longer-haul intra-Asia and mainline east-west services.

Fri, 20 Dec 2024 20:14:14 GMT

Bills introduced in the House and Senate seek to expand the US-flag international fleet from the current level of about 80 ships to 250 in 10 years and would require all government cargoes to be carried on US-flag vessels.

Fri, 20 Dec 2024 19:51:14 GMT

Imports are likely to remain robust into January as shippers attempt to beat new tariffs expected to be imposed by the incoming Trump administration while also navigating an early Lunar New Year that begins Jan. 29.

Fri, 20 Dec 2024 17:47:47 GMT

Continuing the steady slide from a late-July peak, average spot rates from West India to the US East Coast have dropped about 20% from the end of November.

Fri, 20 Dec 2024 15:44:14 GMT

The moves by Hapag-Lloyd and CMA CGM come amid uncertainty about the outlook for the intra-Asia trade, with one analyst suggesting a possible rate war could see prices in the region tumble if there is no summer peak season.

Thu, 16 Jan 2025 17:01:15 GMT

The peace deal in Gaza is highlighting the capacity overhang facing container shipping once vessels absorbed by the longer voyages around southern Africa return to the shorter route via the Red Sea and Suez.

Thu, 16 Jan 2025 16:38:14 GMT

A handful of companies unveiled new products in the last week intended to enable decision-making based off the visibility data they provide.

Wed, 15 Jan 2025 15:29:13 GMT

The pricing move means a general rate increase planned by carriers for Jan. 15 will not be implemented, forwarders say, because demand is not sufficient to support another boost.

Tue, 14 Jan 2025 17:17:14 GMT

The carrier said its ability to capture market share was directly linked to a shift in trade dynamics as mainline operators outsourced intra-regional services to more agile operators.

Tue, 14 Jan 2025 15:46:14 GMT

The twin complaints to the FMC charge that several ocean carriers pushed the shippers into paying surcharges and premium rates totaling $5.5 million, while creating another $76 million in added spot market costs.

Mon, 13 Jan 2025 22:05:14 GMT

Multiple forwarder sources who spoke with the Journal of Commerce confirmed that the portal booking specifics are still unavailable for February voyages from India to Europe.

Mon, 13 Jan 2025 16:01:15 GMT

The uncertainty surrounding the Red Sea was highlighted by member OOCL, and although the carrier provided both an around-Africa option and a version via the Suez, it said the Africa diversions will continue until further notice.

Mon, 13 Jan 2025 15:22:14 GMT

The decline reflects the wider slide in container freight rates from August, which accelerated in October and November as cargo demand eased.

Fri, 10 Jan 2025 19:13:13 GMT

The carrier’s top-line financials are a clear signal that container shipping is firmly back in profitable territory following a poor end to 2023 that left several carriers nursing losses.

Fri, 10 Jan 2025 17:09:14 GMT

With the threat of a US port strike averted, the transition to new global service networks will not be accompanied by widespread disruption, the analyst believes.

Thu, 09 Jan 2025 15:45:15 GMT

Local freight forwarders believe any extra capacity entering the Indian market from smaller ship operators working around an “opportunistic approach” has the potential to spoil rate recovery efforts by large carriers.

Wed, 08 Jan 2025 14:33:13 GMT

Carriers adopting a “wait-and-see” approach to the new regulation will face significant penalties and a potential loss of income from decarbonization-focused customers, according to a report from the classification society.

Tue, 07 Jan 2025 16:08:14 GMT

The IMO tends to move at a glacial pace, but with 2030 emissions targets looming, it no longer has that luxury.

Fri, 03 Jan 2025 21:00:00 GMT

While the two sides have come to terms on wages, formal negotiations have stalled since mid-November as the union and maritime employers remain stuck on what provisions the deal will include about port automation.

Tue, 31 Dec 2024 22:22:14 GMT

Shanghai and Ningbo are dealing with “serious” congestion, according to a forwarder, while labor shortages in Hamburg are causing berthing delays of up to 10 days.

Tue, 31 Dec 2024 18:13:14 GMT

The world has become more turbulent and fragmented, with geopolitical events that are beyond the control of any supply chain participants playing an ever-larger role, writes Lars Jensen.

Tue, 31 Dec 2024 15:47:58 GMT

Rates in the eastbound trans-Pacific are surging to peak-season levels as US retailers rush to ship merchandise before many factories in Asia close during the holiday celebrations that begin on Jan. 29.

Mon, 30 Dec 2024 15:38:14 GMT

Most US retailers say they have frontloaded sufficient inventory from Asia to get them through the first quarter, but planning import volumes and supply chains beyond that point remains problematic.

Fri, 27 Dec 2024 20:35:13 GMT

Extended voyages around southern Africa are currently tying up both refrigerated equipment and vessel capacity, making reefer shippers particularly vulnerable to disruptions.

Fri, 27 Dec 2024 16:54:14 GMT

Despite a glut of capacity on the water, Suez Canal diversions and healthy volumes will keep container shipping vessel supply tight, analysts predict.

Fri, 27 Dec 2024 16:25:14 GMT

The market’s normal tranquility is threatened by President-elect Donald Trump’s promise to raise imports tariffs, as well as a potential second strike by the International Longshoremen’s Association.

Thu, 26 Dec 2024 16:00:00 GMT

Industry observers believe carriers on the trade lane could struggle to manage the huge influx of capacity, thus forcing them to undercut each other on pricing to maximize loadings.

Thu, 26 Dec 2024 15:08:14 GMT

Carriers have penciled in a return to the Red Sea and Suez Canal for the second half of the year, and some analysts are also using that as a baseline for their market outlooks, but the reality is that no one knows.

Mon, 23 Dec 2024 19:16:14 GMT

Container shipping has become a market where prior patterns of cyclicality must now coexist with non-cyclical forces of external shocks that long-beleaguered carriers have learned to use to their advantage, writes Peter Tirschwell.

Mon, 23 Dec 2024 14:53:14 GMT

The vessels will vary in size between 8,000 TEUs and 15,000 TEUs and are likely meant for deployment on the carrier’s longer-haul intra-Asia and mainline east-west services.

Fri, 20 Dec 2024 20:14:14 GMT

Bills introduced in the House and Senate seek to expand the US-flag international fleet from the current level of about 80 ships to 250 in 10 years and would require all government cargoes to be carried on US-flag vessels.

Fri, 20 Dec 2024 19:51:14 GMT

Imports are likely to remain robust into January as shippers attempt to beat new tariffs expected to be imposed by the incoming Trump administration while also navigating an early Lunar New Year that begins Jan. 29.

Fri, 20 Dec 2024 17:47:47 GMT

Continuing the steady slide from a late-July peak, average spot rates from West India to the US East Coast have dropped about 20% from the end of November.

Fri, 20 Dec 2024 15:44:14 GMT

Shippers on the Europe-US trade lane are facing significant rate increases in January as the potential for disruption grows from labor uncertainty and new operating alliances.

Thu, 19 Dec 2024 16:55:17 GMT

The risk of an East and Gulf coast port strike, US tariffs on China, and service disruptions through the launch of new alliances and networks await the industry in the first two months of 2025, writes Journal of Commerce Executive Editor Mark Szakonyi.

Wed, 18 Dec 2024 16:10:29 GMT

Holes in the Atlantic port network are being plugged as ONE, the Ocean Alliance and HMM prepare for February’s launch of the new container shipping groupings.

Tue, 17 Dec 2024 14:38:15 GMT

Severe weather and a rush of cargo before Lunar New Year celebrations slow Asian factory production are clogging major ports from Tokyo to Shanghai.

Mon, 16 Dec 2024 15:24:14 GMT

Advent eModal, a three-decade landmark provider of fee collection and appointment scheduling at container terminals, has been sold by private equity group Blackstone to air cargo software specialist CargoSprint.

Mon, 16 Dec 2024 11:00:00 GMT

The facility’s launch customer is known to be Amazon, which will use the strategically located warehouse to provide fulfilment services across the region.

Wed, 11 Dec 2024 14:16:14 GMT

Carrier executives who dominate the board of the United States Maritime Alliance tell the Journal of Commerce they are done with what they consider to be an overly passive approach demonstrated in recent months by USMX staff in the face of repeated provocations by ILA leadership.

Tue, 10 Dec 2024 16:51:14 GMT

Fears that methanol will not be available in the coming years at the scale required to power a growing and thirsty ocean fleet are pushing the order book deeper down the LNG pathway.

Tue, 10 Dec 2024 15:18:14 GMT

The February launch date coincides with the start of services by the Premier Alliance formed by ONE, HMM and Yang Ming.

Mon, 09 Dec 2024 19:09:13 GMT

While carriers can offset some operating costs by raising rate levels, reducing carbon emissions on voyages that are taking two weeks longer is becoming increasingly important as decarbonization regulations tighten.

Mon, 09 Dec 2024 17:25:14 GMT

The Federal Maritime Commission said that it needs more information about the new grouping of ocean carriers known as the Premier Alliance before the vessel-sharing agreement can begin in February on US trades.

Fri, 06 Dec 2024 22:52:14 GMT

The carrier’s top-line financials are a clear signal that container shipping is firmly back in profitable territory following a poor end to 2023 that left several carriers nursing losses.

Fri, 10 Jan 2025 17:09:14 GMT

With the threat of a US port strike averted, the transition to new global service networks will not be accompanied by widespread disruption, the analyst believes.

Thu, 09 Jan 2025 15:45:15 GMT

Carriers adopting a “wait-and-see” approach to the new regulation will face significant penalties and a potential loss of income from decarbonization-focused customers, according to a report from the classification society.

Tue, 07 Jan 2025 16:08:14 GMT

Despite a glut of capacity on the water, Suez Canal diversions and healthy volumes will keep container shipping vessel supply tight, analysts predict.

Fri, 27 Dec 2024 16:25:14 GMT

The market’s normal tranquility is threatened by President-elect Donald Trump’s promise to raise imports tariffs, as well as a potential second strike by the International Longshoremen’s Association.

Thu, 26 Dec 2024 16:00:00 GMT

The risk of an East and Gulf coast port strike, US tariffs on China, and service disruptions through the launch of new alliances and networks await the industry in the first two months of 2025, writes Journal of Commerce Executive Editor Mark Szakonyi.

Wed, 18 Dec 2024 16:10:29 GMT

Holes in the Atlantic port network are being plugged as ONE, the Ocean Alliance and HMM prepare for February’s launch of the new container shipping groupings.

Tue, 17 Dec 2024 14:38:15 GMT

Customer advisories from Maersk, CMA CGM and Hapag-Lloyd show the carriers plan to “simplify the process” by merging compliance with the EU ETS and FuelEU regulations into one fuel surcharge.

Mon, 16 Dec 2024 14:54:14 GMT

US maritime regulators are investigating reports that the Spanish government has blocked US-flag Maersk ships carrying military cargoes for Israel from calling Algeciras.

Thu, 05 Dec 2024 22:17:14 GMT

The regulation is designed to enhance security across global supply chains and brings the EU in line with other major exporting countries.

Wed, 04 Dec 2024 17:31:13 GMT

The news from Gemini came as MSC released the latest update to its standalone east-west network that will also launch in February.

Wed, 27 Nov 2024 19:24:14 GMT

Converting an existing vessel to be able to operate on methanol requires major engineering work and could cost more than building a new ship with a shorter time to depreciate the investment, according to the carrier.

Fri, 22 Nov 2024 15:16:17 GMT

Frontloading and Red Sea diversions pushed volume and rates higher in the third quarter, and ongoing geopolitical disruption will allow carriers to extend their robust financial health into next year, according to the founder of the global equity firm.

Thu, 21 Nov 2024 14:47:16 GMT

The New York Shipping Exchange’s plan to introduce indexes to support long-term contracts adds to an already crowded field of providers.

Tue, 19 Nov 2024 16:30:15 GMT

There are no signs of any rush to frontload ahead of potential tariff increases on European imports by the new US administration or to get cargo moving before a possible second strike by the ILA.

Thu, 07 Nov 2024 15:00:14 GMT

The carrier has been restrained with its order book up to now, but the order for 312,000 TEUs of capacity comes as pressure to meet 2030 interim decarbonization targets intensifies.

Wed, 06 Nov 2024 17:18:14 GMT

A series of factors are bending the capacity curve back in favor of carriers and could lead to an improved supply-demand balance next year despite a large capacity overhang, believes the Maersk CEO.

Mon, 04 Nov 2024 17:06:16 GMT

The new network will have a grace period for about three months as the first full port rotations are completed but must then quickly prove it can raise on-time performance to the promised levels, says Maersk’s CEO.

Fri, 01 Nov 2024 13:39:16 GMT

Fewer port calls in the Gemini network will allow the carrier to move greater volumes with the same number of ships, Vincent Clerc said while reporting a highly profitable third quarter.

Thu, 31 Oct 2024 16:39:04 GMT

With this latest deal, the combined methanol offtake agreements Maersk now has in place will meet half the demand from its fast-growing dual-fuel fleet in 2027.

Wed, 30 Oct 2024 14:45:20 GMT

By reworking two trans-Atlantic connections, Zim will offer new port coverage in Italy and Turkey while also offering more ways to connect with South America.

Mon, 28 Oct 2024 19:23:27 GMT

The first signs of solid third-quarter performances are being reported by ocean carriers, and with greater visibility over the rest of the year, they are ramping up their profitability expectations.

Thu, 24 Oct 2024 14:59:20 GMT

It marks the second time since August the carrier has increased its 2024 earnings guidance, an indication Maersk expects robust demand and rising rates to deliver a strong finish to the year.

Tue, 22 Oct 2024 15:13:14 GMT

The group, comprising ONE, HMM and Yang Ming, said the changes apply to two trans-Pacific services and an Asia-Mediterranean service.

Thu, 17 Oct 2024 17:43:14 GMT

Shippers on the trans-Atlantic will find space in short supply by the end of October with bottlenecks on both ends of the trade lane reducing capacity.

Mon, 07 Oct 2024 15:17:18 GMT

The strike will affect about 40% of Montreal’s container capacity and comes as port employers remain in protracted talks with the longshore union over a new contract.

Fri, 27 Sep 2024 19:35:15 GMT

Spot rates from Asia to the US East Coast are dropping faster than in past years as carriers route discretionary shipments to the West Coast to avoid getting caught up in a threatened dockworker strike on the East and Gulf coasts.

Mon, 09 Sep 2024 21:00:14 GMT

Mediterranean Shipping Co. is wasting no time utilizing its huge scale, striking major slot sharing agreements on the Asia-Europe with new Premiere alliance members.

Mon, 09 Sep 2024 18:27:14 GMT

After five rounds of negotiations and a series of 24-hour warning strikes at Germany’s ports, the union and port employers may finally be close to an agreement.

Fri, 06 Sep 2024 15:28:16 GMT

With just three weeks to go until the union’s master contract with port employers expires, US importers are scrambling for options but are finding there are no ideal alternatives.

Fri, 06 Sep 2024 13:56:17 GMT

A new warehouse due to open early next year in Portland for frozen and ambient-temperature cargoes could cut transportation costs for shippers now using out-of-state storage and ports.

Fri, 30 Aug 2024 19:53:14 GMT

The first signs of US importers beginning to advance shipments from Europe to get ahead of possible terminal closures along the US East and Gulf coasts at the end of September are being reported by carriers and forwarders.

Tue, 20 Aug 2024 14:39:11 GMT

HHLA’s container volume and financial performance in the first six months has been a marked improvement on a disappointing 2023.

Wed, 14 Aug 2024 15:17:12 GMT

The carrier believes the ongoing disruption in the Red Sea is now “entrenched” and will not change for the rest of the year.

Wed, 07 Aug 2024 16:09:52 GMT

The attempts to raise prices on the westbound trade lane come as the shadow of potential labor disruption looms at ports along the US East and Gulf coasts.

Mon, 05 Aug 2024 15:49:38 GMT

There is growing pushback against the pending regulation that some sectors believe poses an impossible challenge in tracing and verifying the origins of certain products that could lead to their exclusion from the EU market.

Thu, 18 Jul 2024 14:03:42 GMT

The Cosco subsidiary benefited from a sharp increase in rates as early peak season demand on the main trades out of Asia filled all available vessel capacity.

Mon, 15 Jul 2024 14:57:18 GMT

How do you build a robust, resilient system in the face of operational and geopolitical disruptions that throw conventional container shipping networks into disarray?

Thu, 20 Jun 2024 17:35:58 GMT

Measures to mitigate the impact of a potential labor disruption at US East and Gulf coast ports could cause the trans-Atlantic market to follow the same path as the heavily disrupted trades out of Asia.

Thu, 13 Jun 2024 20:44:04 GMT

The customs pre-arrival security and safety program is being implemented in three steps, starting with ocean and inland waterway carriers in June.

Thu, 16 May 2024 14:47:12 GMT

A handful of companies unveiled new products in the last week intended to enable decision-making based off the visibility data they provide.

Wed, 15 Jan 2025 15:29:13 GMT

With the threat of a US port strike averted, the transition to new global service networks will not be accompanied by widespread disruption, the analyst believes.

Thu, 09 Jan 2025 15:45:15 GMT

Most US retailers say they have frontloaded sufficient inventory from Asia to get them through the first quarter, but planning import volumes and supply chains beyond that point remains problematic.

Fri, 27 Dec 2024 20:35:13 GMT

Despite a glut of capacity on the water, Suez Canal diversions and healthy volumes will keep container shipping vessel supply tight, analysts predict.

Fri, 27 Dec 2024 16:25:14 GMT

Handling large container exchanges with vessels arriving late and bunching outside import gateways is leading to bottlenecks at some of the region’s largest hubs.

Thu, 19 Dec 2024 16:00:15 GMT

The facility’s launch customer is known to be Amazon, which will use the strategically located warehouse to provide fulfilment services across the region.

Wed, 11 Dec 2024 14:16:14 GMT

Strong bookings out of Asia require more capacity than carriers can provide, which, according to Hapag-Lloyd, is having the predictable impact on prices.

Fri, 06 Dec 2024 16:05:51 GMT

While India-USEC spot rates have steadily dropped from a late-July peak because of the demand downturn and increased capacity, co-loaders have been even more aggressive in adjusting rates downward to reach their slot targets.

Mon, 02 Dec 2024 17:58:53 GMT

A host of factors can raise transit times on the 11,000-plus-kilometer rail network, undermining the trust of cargo owners that is a crucial selling point of the Asia-Europe connection.

Mon, 02 Dec 2024 13:35:14 GMT

Rising regional trade along the old Silk Road between China and Europe is driving up containerized rail volume on the middle corridor and the logistics infrastructure is struggling to keep up.

Sat, 30 Nov 2024 11:22:14 GMT

A dearth of consolidation means there are still plenty of visibility vendors for shippers to choose from, but it also means the market as a whole is on somewhat unsteady ground.

Thu, 21 Nov 2024 14:00:00 GMT

NVOs will enter 2025 hoping that their experience this year with carriers taking a get-tough approach to their business dealings was merely cyclical, a product of an unusual market following the Red Sea diversions and an early peak season.

Wed, 20 Nov 2024 14:40:14 GMT

The New York Shipping Exchange’s plan to introduce indexes to support long-term contracts adds to an already crowded field of providers.

Tue, 19 Nov 2024 16:30:15 GMT

Volume and rates on the Asian export corridors to the US and Europe have been high all year and online shopping promotions in November are further stoking the market.

Wed, 06 Nov 2024 16:56:14 GMT

Advisors to beneficial cargo owners say mitigating future supply chain disruptions requires BCOs to proactively engage with ocean carriers and forwarders, seeking to build partnerships even if past experience suggests they end in disappointment.

Wed, 06 Nov 2024 15:19:14 GMT

Shippers once saw small variances on freight bills as a nuisance too insignificant to dispute, but technology is enabling more efficient scrutiny across transportation modes.

Mon, 04 Nov 2024 13:49:13 GMT

Import demand from Asia, which typically tapers ahead of Black Friday sales, is holding steady, fueled by resilient retail sales, tariff concerns and the mid-January expiration of the tentative ILA labor agreement.

Wed, 30 Oct 2024 19:00:18 GMT

Jens Lund this week emphasized the earnings potential of the takeover, pointing to greater scale and a wider portfolio of services that would increase the combined entity’s reach.

Fri, 25 Oct 2024 14:19:20 GMT

Rising competition and tough negotiations with customers are believed to be behind the narrowing profit margins that were plainly displayed in the financial results of the two forwarders.

Wed, 23 Oct 2024 16:59:13 GMT

Deutsche Bahn’s supervisory board approved DSV’s $16 billion acquisition of rival forwarder DB Schenker despite opposition from union members on the board.

Wed, 02 Oct 2024 16:56:14 GMT

The integration of two large companies in similar industries is “particularly challenging,” according to Tobias Meyer, who withdrew DHL’s interest in DB Schenker earlier this year.

Tue, 24 Sep 2024 12:42:14 GMT

While there are still regulatory hurdles to clear, a spokesperson for DSV told the Journal of Commerce the combined company “will continue under the DSV brand” going forward.

Thu, 19 Sep 2024 17:54:14 GMT

The forwarder did not provide financial details, but CEO James Gagne told the Journal of Commerce the transaction puts SEKO on solid financial footing.

Thu, 19 Sep 2024 16:04:16 GMT

DSV knocked the unions’ preferred bidder, private equity firm CVC Capital Partners, out of the race, but the forwarder’s bid now needs approval from the German parliament.

Fri, 13 Sep 2024 16:24:14 GMT

With just three weeks to go until the union’s master contract with port employers expires, US importers are scrambling for options but are finding there are no ideal alternatives.

Fri, 06 Sep 2024 13:56:17 GMT

Forwarders booking less-than-containerload business from shippers face documentation and pricing challenges that cut into their ability to carve out margin.

Tue, 03 Sep 2024 19:01:14 GMT

While rates remain more than four times higher than this point last year, forwarders and carriers report an easing of demand ahead of the traditional end to the peak shipping period.

Tue, 03 Sep 2024 15:21:16 GMT

Cargo Services will expand the global port operator’s reach in Asia across a range of industry verticals.

Tue, 03 Sep 2024 14:44:19 GMT

Competition to fill ships in the eastbound trans-Pacific has become so intense in recent weeks that ocean carriers are offering a variety of special rates that are much lower than the spot rates they are quoting.

Mon, 26 Aug 2024 16:46:51 GMT

The first signs of US importers beginning to advance shipments from Europe to get ahead of possible terminal closures along the US East and Gulf coasts at the end of September are being reported by carriers and forwarders.

Tue, 20 Aug 2024 14:39:11 GMT

The closure of one of China’s busiest container ports will add to the lengthening vessel delays being seen on the main Asian export trade lanes, while North Europe grapples with its own congestion woes on the other end.

Fri, 09 Aug 2024 15:47:47 GMT

Despite the nearly $140 billion invested in logistics startups globally from 2012 through 2023, most of the industry’s major inefficiencies remain and the underlying structure of the industry has hardly changed.

Fri, 09 Aug 2024 14:00:00 GMT

The retail giant will enable sellers using its US fulfillment services to access its negotiated ocean rates for full containers from Yantian, Shanghai and Ningbo.

Fri, 09 Aug 2024 13:11:50 GMT

Not even the widespread disruption to global aviation from the Microsoft IT outage in mid-July could derail resurgent air freight markets.

Thu, 01 Aug 2024 14:45:28 GMT

Small and midsize forwarders that have watched the ocean shipping market play out this year are left to face the reality of a much-consolidated carrier base that has no qualms about driving up rates hard and fast when openings present themselves, writes Peter Tirschwell.

Wed, 31 Jul 2024 13:33:30 GMT

The $200 million funding round cuts against the broader trend of venture capital investors pulling back from early- and growth-stage supply chain and logistics startups.

Tue, 30 Jul 2024 15:02:07 GMT

The operating profit earned by the Deutsche Bahn subsidiary in the first six months of the year fell slightly but was more than double what it earned in the same period in pre-pandemic 2019.

Thu, 25 Jul 2024 17:14:28 GMT

More than 70% of air cargo space controlled by Kuehne + Nagel subsidiary Apex has been presold for the third and fourth quarters.

Thu, 25 Jul 2024 17:00:13 GMT

Jens Lund believes the supply and demand balance on the major trade lanes is being restored as front-loaded shipments make their way through the supply chain.

Wed, 24 Jul 2024 14:42:45 GMT

Kuehne + Nagel’s Stefan Paul presented a sunny outlook for the rest of the year, saying he expects strengthening air and ocean yields to turn around declines reported across most of the forwarder’s financial metrics in the first half.

Tue, 23 Jul 2024 16:23:33 GMT

The peace deal in Gaza is highlighting the capacity overhang facing container shipping once vessels absorbed by the longer voyages around southern Africa return to the shorter route via the Red Sea and Suez.

Thu, 16 Jan 2025 16:38:14 GMT

The carrier said its ability to capture market share was directly linked to a shift in trade dynamics as mainline operators outsourced intra-regional services to more agile operators.

Tue, 14 Jan 2025 15:46:14 GMT

The carrier’s top-line financials are a clear signal that container shipping is firmly back in profitable territory following a poor end to 2023 that left several carriers nursing losses.

Fri, 10 Jan 2025 17:09:14 GMT

With the threat of a US port strike averted, the transition to new global service networks will not be accompanied by widespread disruption, the analyst believes.

Thu, 09 Jan 2025 15:45:15 GMT

With shippers under pressure to finalize production plans with Asian factories amid ongoing vessel diversions around Africa and elevated rates, there is little point in delaying the signing of annual contracts.

Wed, 08 Jan 2025 15:44:16 GMT

Carriers adopting a “wait-and-see” approach to the new regulation will face significant penalties and a potential loss of income from decarbonization-focused customers, according to a report from the classification society.

Tue, 07 Jan 2025 16:08:14 GMT

Shanghai and Ningbo are dealing with “serious” congestion, according to a forwarder, while labor shortages in Hamburg are causing berthing delays of up to 10 days.

Tue, 31 Dec 2024 18:13:14 GMT

Despite a glut of capacity on the water, Suez Canal diversions and healthy volumes will keep container shipping vessel supply tight, analysts predict.

Fri, 27 Dec 2024 16:25:14 GMT

Carriers have penciled in a return to the Red Sea and Suez Canal for the second half of the year, and some analysts are also using that as a baseline for their market outlooks, but the reality is that no one knows.

Mon, 23 Dec 2024 19:16:14 GMT

Handling large container exchanges with vessels arriving late and bunching outside import gateways is leading to bottlenecks at some of the region’s largest hubs.

Thu, 19 Dec 2024 16:00:15 GMT

Severe weather and a rush of cargo before Lunar New Year celebrations slow Asian factory production are clogging major ports from Tokyo to Shanghai.

Mon, 16 Dec 2024 15:24:14 GMT

Customer advisories from Maersk, CMA CGM and Hapag-Lloyd show the carriers plan to “simplify the process” by merging compliance with the EU ETS and FuelEU regulations into one fuel surcharge.

Mon, 16 Dec 2024 14:54:14 GMT

While carriers can offset some operating costs by raising rate levels, reducing carbon emissions on voyages that are taking two weeks longer is becoming increasingly important as decarbonization regulations tighten.

Mon, 09 Dec 2024 17:25:14 GMT

The Federal Maritime Commission said that it needs more information about the new grouping of ocean carriers known as the Premier Alliance before the vessel-sharing agreement can begin in February on US trades.

Fri, 06 Dec 2024 22:52:14 GMT

The Asia-North America trade will be featured on 13 of the initial 24 services inaugurated by the ONE-HMM-Yang Ming partnership.

Fri, 06 Dec 2024 20:58:14 GMT

Strong bookings out of Asia require more capacity than carriers can provide, which, according to Hapag-Lloyd, is having the predictable impact on prices.

Fri, 06 Dec 2024 16:05:51 GMT

The regulation is designed to enhance security across global supply chains and brings the EU in line with other major exporting countries.

Wed, 04 Dec 2024 17:31:13 GMT

The news from Gemini came as MSC released the latest update to its standalone east-west network that will also launch in February.

Wed, 27 Nov 2024 19:24:14 GMT

Average spot rate levels on the Asia to Europe trade lanes have continued to increase through November as an early start to the Lunar New Year pushes up bookings, forwarders say.

Tue, 26 Nov 2024 16:12:19 GMT

Converting an existing vessel to be able to operate on methanol requires major engineering work and could cost more than building a new ship with a shorter time to depreciate the investment, according to the carrier.

Fri, 22 Nov 2024 15:16:17 GMT

Frontloading and Red Sea diversions pushed volume and rates higher in the third quarter, and ongoing geopolitical disruption will allow carriers to extend their robust financial health into next year, according to the founder of the global equity firm.

Thu, 21 Nov 2024 14:47:16 GMT

The New York Shipping Exchange’s plan to introduce indexes to support long-term contracts adds to an already crowded field of providers.

Tue, 19 Nov 2024 16:30:15 GMT

A lack of action at the government level is now the number one bottleneck facing green corridor projects, according to a new report.

Tue, 19 Nov 2024 00:00:00 GMT

The carrier has been restrained with its order book up to now, but the order for 312,000 TEUs of capacity comes as pressure to meet 2030 interim decarbonization targets intensifies.

Wed, 06 Nov 2024 17:18:14 GMT

A series of factors are bending the capacity curve back in favor of carriers and could lead to an improved supply-demand balance next year despite a large capacity overhang, believes the Maersk CEO.

Mon, 04 Nov 2024 17:06:16 GMT

The new network will have a grace period for about three months as the first full port rotations are completed but must then quickly prove it can raise on-time performance to the promised levels, says Maersk’s CEO.

Fri, 01 Nov 2024 13:39:16 GMT

Fewer port calls in the Gemini network will allow the carrier to move greater volumes with the same number of ships, Vincent Clerc said while reporting a highly profitable third quarter.

Thu, 31 Oct 2024 16:39:04 GMT

There is no way to predict when carriers will return to the shorter route between Asia and Europe, and cargo owners want to factor that uncertainty into their long-term rate agreements for 2025.

Thu, 31 Oct 2024 15:43:14 GMT

With this latest deal, the combined methanol offtake agreements Maersk now has in place will meet half the demand from its fast-growing dual-fuel fleet in 2027.

Wed, 30 Oct 2024 14:45:20 GMT

The first signs of solid third-quarter performances are being reported by ocean carriers, and with greater visibility over the rest of the year, they are ramping up their profitability expectations.

Thu, 24 Oct 2024 14:59:20 GMT

It marks the second time since August the carrier has increased its 2024 earnings guidance, an indication Maersk expects robust demand and rising rates to deliver a strong finish to the year.

Tue, 22 Oct 2024 15:13:14 GMT

Ocean carriers have so far been unable to stem the rate slide in the traditionally slow post-Golden Week period that followed an early peak season on the trade lane, but they are pulling hard on capacity management levers in a bid to balance supply and demand.

Tue, 15 Oct 2024 18:02:47 GMT

With no improvement in the Red Sea security situation and shippers preparing for 2025 contracts, Gemini has jettisoned the traditional shorter route in favor of the longer transit around southern Africa.

Thu, 10 Oct 2024 14:42:16 GMT

Mediterranean Shipping Co. is wasting no time utilizing its huge scale, striking major slot sharing agreements on the Asia-Europe with new Premiere alliance members.

Mon, 09 Sep 2024 18:27:14 GMT

After five rounds of negotiations and a series of 24-hour warning strikes at Germany’s ports, the union and port employers may finally be close to an agreement.

Fri, 06 Sep 2024 15:28:16 GMT

While rates remain more than four times higher than this point last year, forwarders and carriers report an easing of demand ahead of the traditional end to the peak shipping period.

Tue, 03 Sep 2024 15:21:16 GMT

Many European shippers are locked into the peak season that will extend the high volume of Asian imports through the third quarter despite the early movement of orders to mitigate disruption from the longer Red Sea routing.

Wed, 21 Aug 2024 16:37:32 GMT

Most of Freightos’ traction in air and ocean freight procurement has centered around spot pricing, but the purchase of Shipsta will give it access to contract data from enterprise shippers.

Mon, 19 Aug 2024 19:48:14 GMT

HHLA’s container volume and financial performance in the first six months has been a marked improvement on a disappointing 2023.

Wed, 14 Aug 2024 15:17:12 GMT

The closure of one of China’s busiest container ports will add to the lengthening vessel delays being seen on the main Asian export trade lanes, while North Europe grapples with its own congestion woes on the other end.

Fri, 09 Aug 2024 15:47:47 GMT

The pricing move means a general rate increase planned by carriers for Jan. 15 will not be implemented, forwarders say, because demand is not sufficient to support another boost.

Tue, 14 Jan 2025 17:17:14 GMT

The carrier’s top-line financials are a clear signal that container shipping is firmly back in profitable territory following a poor end to 2023 that left several carriers nursing losses.

Fri, 10 Jan 2025 17:09:14 GMT

With the threat of a US port strike averted, the transition to new global service networks will not be accompanied by widespread disruption, the analyst believes.

Thu, 09 Jan 2025 15:45:15 GMT

Rates in the eastbound trans-Pacific are surging to peak-season levels as US retailers rush to ship merchandise before many factories in Asia close during the holiday celebrations that begin on Jan. 29.

Mon, 30 Dec 2024 15:38:14 GMT

Most US retailers say they have frontloaded sufficient inventory from Asia to get them through the first quarter, but planning import volumes and supply chains beyond that point remains problematic.

Fri, 27 Dec 2024 20:35:13 GMT

Despite a glut of capacity on the water, Suez Canal diversions and healthy volumes will keep container shipping vessel supply tight, analysts predict.

Fri, 27 Dec 2024 16:25:14 GMT

Bills introduced in the House and Senate seek to expand the US-flag international fleet from the current level of about 80 ships to 250 in 10 years and would require all government cargoes to be carried on US-flag vessels.

Fri, 20 Dec 2024 19:51:14 GMT

Shippers on the Europe-US trade lane are facing significant rate increases in January as the potential for disruption grows from labor uncertainty and new operating alliances.

Thu, 19 Dec 2024 16:55:17 GMT

Spot rates from Asia to the US rose to highs this week as a looming dockworker strike on Jan. 15, the early Lunar New Year in Asia and the threat of tariffs under the new administration are keeping front-loading of imports at unusually high levels for December.

Wed, 18 Dec 2024 20:08:14 GMT

The risk of an East and Gulf coast port strike, US tariffs on China, and service disruptions through the launch of new alliances and networks await the industry in the first two months of 2025, writes Journal of Commerce Executive Editor Mark Szakonyi.

Wed, 18 Dec 2024 16:10:29 GMT

Both CMA CGM and MSC will add a surcharge to trans-Pacific cargo transiting the canal beginning Jan. 1, pointing to higher operating costs thanks to a new system of reserving transits through the waterway.

Tue, 17 Dec 2024 15:21:15 GMT

Severe weather and a rush of cargo before Lunar New Year celebrations slow Asian factory production are clogging major ports from Tokyo to Shanghai.

Mon, 16 Dec 2024 15:24:14 GMT

The Global Port Tracker upgraded its forecast for imports over the next several months despite the threat of labor unrest and new tariffs by the incoming Trump administration.

Mon, 09 Dec 2024 22:16:15 GMT

The February launch date coincides with the start of services by the Premier Alliance formed by ONE, HMM and Yang Ming.

Mon, 09 Dec 2024 19:09:13 GMT

The Federal Maritime Commission said that it needs more information about the new grouping of ocean carriers known as the Premier Alliance before the vessel-sharing agreement can begin in February on US trades.

Fri, 06 Dec 2024 22:52:14 GMT

The Asia-North America trade will be featured on 13 of the initial 24 services inaugurated by the ONE-HMM-Yang Ming partnership.

Fri, 06 Dec 2024 20:58:14 GMT

The news from Gemini came as MSC released the latest update to its standalone east-west network that will also launch in February.

Wed, 27 Nov 2024 19:24:14 GMT

Major retailers such as Ralph Lauren and Target say they successfully mitigated disruptions from the early October port strike and are ready for the next labor threat and the fallout from likely higher tariffs on Chinese goods.

Fri, 22 Nov 2024 19:53:22 GMT

Converting an existing vessel to be able to operate on methanol requires major engineering work and could cost more than building a new ship with a shorter time to depreciate the investment, according to the carrier.

Fri, 22 Nov 2024 15:16:17 GMT

Frontloading and Red Sea diversions pushed volume and rates higher in the third quarter, and ongoing geopolitical disruption will allow carriers to extend their robust financial health into next year, according to the founder of the global equity firm.

Thu, 21 Nov 2024 14:47:16 GMT

While there is some frontloading of US imports from China to get ahead of expected tariffs in the coming Trump administration, most cargo owners appear to be holding their fire, writes Journal of Commerce Executive Editor Mark Szakonyi.

Thu, 21 Nov 2024 13:00:00 GMT

The New York Shipping Exchange’s plan to introduce indexes to support long-term contracts adds to an already crowded field of providers.

Tue, 19 Nov 2024 16:30:15 GMT

Forwarders and industry analysts forecast strong import volumes through the early Lunar New Year that begins Jan. 29 as importers of time-sensitive merchandise and manufacturing components route shipments through the country’s busiest gateway.

Mon, 18 Nov 2024 21:55:14 GMT

CMA CGM’s group net profit rocketed to $2.7 billion in the third quarter, thanks to stronger pricing power and earlier peak seasons for North American and European importers.

Fri, 08 Nov 2024 21:10:14 GMT

US retailers plan to significantly increase imports in November and December compared with projections from just one month ago following Donald Trump’s election to a second term.

Fri, 08 Nov 2024 20:56:14 GMT

Among the major container lines, CMA CGM has taken the lead in reinstating shorter Suez Canal routings, offering India exporters to North America shorter transits than the majority of other services sailing around southern Africa.

Fri, 08 Nov 2024 17:02:14 GMT

The bullish fundamentals are expected to keep US imports healthy as the year ends and put a floor under rates, according to participants at this year’s CONECT conference.

Thu, 07 Nov 2024 20:35:14 GMT

The carrier has been restrained with its order book up to now, but the order for 312,000 TEUs of capacity comes as pressure to meet 2030 interim decarbonization targets intensifies.

Wed, 06 Nov 2024 17:18:14 GMT

A series of factors are bending the capacity curve back in favor of carriers and could lead to an improved supply-demand balance next year despite a large capacity overhang, believes the Maersk CEO.

Mon, 04 Nov 2024 17:06:16 GMT

The new network will have a grace period for about three months as the first full port rotations are completed but must then quickly prove it can raise on-time performance to the promised levels, says Maersk’s CEO.

Fri, 01 Nov 2024 13:39:16 GMT

While conventional retailers were decreasing their orders, the growth of e-commence shipments from Asia was more consistent as elevated air cargo rates pushed more shippers to move goods via ocean transport, the carrier’s CEO said.

Thu, 31 Oct 2024 19:27:17 GMT

Fewer port calls in the Gemini network will allow the carrier to move greater volumes with the same number of ships, Vincent Clerc said while reporting a highly profitable third quarter.

Thu, 31 Oct 2024 16:39:04 GMT

Import demand from Asia, which typically tapers ahead of Black Friday sales, is holding steady, fueled by resilient retail sales, tariff concerns and the mid-January expiration of the tentative ILA labor agreement.

Wed, 30 Oct 2024 19:00:18 GMT

With this latest deal, the combined methanol offtake agreements Maersk now has in place will meet half the demand from its fast-growing dual-fuel fleet in 2027.

Wed, 30 Oct 2024 14:45:20 GMT

Shippers and forwarders are reporting slowdowns at several inland gateways that are linked to seasonality, equipment placement, labor disruption and carrier behavior.

Fri, 25 Oct 2024 19:43:25 GMT

The first signs of solid third-quarter performances are being reported by ocean carriers, and with greater visibility over the rest of the year, they are ramping up their profitability expectations.

Thu, 24 Oct 2024 14:59:20 GMT

It marks the second time since August the carrier has increased its 2024 earnings guidance, an indication Maersk expects robust demand and rising rates to deliver a strong finish to the year.

Tue, 22 Oct 2024 15:13:14 GMT

Forwarders say their containers are sitting at some terminals for 10 days or longer before they can be retrieved, although some relief in import volumes and dwell times is expected next month.

Wed, 16 Oct 2024 20:12:14 GMT

Carriers began pulling the charges shortly after the end of the strike was announced last week, while pressure to do so came even earlier from Transportation Secretary Pete Buttigieg.

Fri, 11 Oct 2024 18:56:14 GMT

The huge import volumes that moved across US docks in August are also muting the post-Golden Week bounce that normally occurs in mid-October when retailers ship their high-value holiday merchandise through the West Coast.

Thu, 10 Oct 2024 20:58:14 GMT

A new report from the Biden administration alleges that Beijing has a poor compliance record with the WTO, practices duplicitous trade policies that give the country unfair advantages, and operates with an overall lack of transparency.

Thu, 16 Jan 2025 20:26:16 GMT

The moves by Hapag-Lloyd and CMA CGM come amid uncertainty about the outlook for the intra-Asia trade, with one analyst suggesting a possible rate war could see prices in the region tumble if there is no summer peak season.

Thu, 16 Jan 2025 17:01:15 GMT

With the president-elect looking to unwind some Biden administration policies, US port operators want to ensure that maritime transportation funding will not be unduly affected.

Wed, 15 Jan 2025 20:05:14 GMT

Shipper-paid spot truck pricing from major US ports rose faster than the average US rate in late 2024 as importers prepared for a potential longshore strike.

Mon, 13 Jan 2025 22:00:14 GMT

A confluence of factors, including vessel bunching at Asian load ports and a pre-Lunar New Year cargo surge, have combined to cause congestion at the port and reduce its railcar availability.

Thu, 09 Jan 2025 20:30:14 GMT

While the draft language of the tentative agreement was not disclosed, the two sides said the deal includes language that covers the contentious issue of port automation and new technologies.

Thu, 09 Jan 2025 01:03:14 GMT

Shippers have long outsourced drayage to third parties, but farming out allocation decisions to managed transportation providers threads the needle between access to capacity and neutrality.

Wed, 08 Jan 2025 17:54:13 GMT

Local freight forwarders believe any extra capacity entering the Indian market from smaller ship operators working around an “opportunistic approach” has the potential to spoil rate recovery efforts by large carriers.

Wed, 08 Jan 2025 14:33:13 GMT

Whereas 2024 was a banner year for US West Coast ports, the pendulum could swing back to East and Gulf coast ports in 2025.

Tue, 07 Jan 2025 15:03:14 GMT

Shippers must weigh the merits of a single-source relationship on drayage through key ports over splitting volume among regional and national carriers, or even brokers.

Fri, 03 Jan 2025 17:21:14 GMT

The charges come as spot rates for ex-Asia cargo into the US have climbed sharply over the past month.

Fri, 03 Jan 2025 13:02:14 GMT

Shippers moving cargo on the inter-Americas lane can expect to see further volume growth in 2025, potentially reflected by increased attention and capacity from carriers.

Thu, 02 Jan 2025 14:24:13 GMT

While the two sides have come to terms on wages, formal negotiations have stalled since mid-November as the union and maritime employers remain stuck on what provisions the deal will include about port automation.

Tue, 31 Dec 2024 22:22:14 GMT

Shanghai and Ningbo are dealing with “serious” congestion, according to a forwarder, while labor shortages in Hamburg are causing berthing delays of up to 10 days.

Tue, 31 Dec 2024 18:13:14 GMT

In addition to any vessel backlogs resulting from a second potential ILA strike on Jan. 15, a major test for East Coast marine terminals will be their ability to handle the revamped carrier networks debuting in early 2025.

Tue, 31 Dec 2024 16:10:56 GMT

The world has become more turbulent and fragmented, with geopolitical events that are beyond the control of any supply chain participants playing an ever-larger role, writes Lars Jensen.

Tue, 31 Dec 2024 15:47:58 GMT

Rates in the eastbound trans-Pacific are surging to peak-season levels as US retailers rush to ship merchandise before many factories in Asia close during the holiday celebrations that begin on Jan. 29.

Mon, 30 Dec 2024 15:38:14 GMT

The considerable intermodal ocean volumes that ordinarily would have moved in 2025 have likely been pulled forward into 2024, writes analyst Larry Gross.

Fri, 27 Dec 2024 19:08:14 GMT

With volumes likely to increase again in 2025, new port infrastructure across the region should help maintain fluidity throughout the coming year.

Thu, 26 Dec 2024 20:00:00 GMT

Industry observers believe carriers on the trade lane could struggle to manage the huge influx of capacity, thus forcing them to undercut each other on pricing to maximize loadings.

Thu, 26 Dec 2024 15:08:14 GMT

Imports are likely to remain robust into January as shippers attempt to beat new tariffs expected to be imposed by the incoming Trump administration while also navigating an early Lunar New Year that begins Jan. 29.

Fri, 20 Dec 2024 17:47:47 GMT

Continuing the steady slide from a late-July peak, average spot rates from West India to the US East Coast have dropped about 20% from the end of November.

Fri, 20 Dec 2024 15:44:14 GMT

The risk of an East and Gulf coast port strike, US tariffs on China, and service disruptions through the launch of new alliances and networks await the industry in the first two months of 2025, writes Journal of Commerce Executive Editor Mark Szakonyi.

Wed, 18 Dec 2024 16:10:29 GMT

One additional risk to a threatened strike at US East and Gulf Coast ports, which the container shipping industry did not have in October, is that the potential disruption would come just as new alliance networks are to be phased in, writes analyst Lars Jensen.

Tue, 17 Dec 2024 16:13:14 GMT

Severe weather and a rush of cargo before Lunar New Year celebrations slow Asian factory production are clogging major ports from Tokyo to Shanghai.

Mon, 16 Dec 2024 15:24:14 GMT

Advent eModal, a three-decade landmark provider of fee collection and appointment scheduling at container terminals, has been sold by private equity group Blackstone to air cargo software specialist CargoSprint.

Mon, 16 Dec 2024 11:00:00 GMT

The union’s hardline stance against the further encroachment of automation at US ports received a big boost with the incoming administration saying maritime employers should look to labor to increase capacity and efficiency.

Fri, 13 Dec 2024 16:41:15 GMT

A statement posted by the president-elect on social media Thursday made it clear he stood with the International Longshoremen’s Association and their opposition to automation at ports along the East and Gulf coasts.

Fri, 13 Dec 2024 15:28:14 GMT

Rail-mounted gantry cranes can reduce labor requirements and significantly increase the throughput of marine terminals, but those gains still come at a steep cost, listeners of the Journal of Commerce’s Port Performance North America webcast heard.

Thu, 12 Dec 2024 20:10:14 GMT

The proposed facility at Jinhae, about 25 miles west of downtown Busan, would have nine berths in its first phase capable of handling more than 6 million TEUs annually by 2032.

Wed, 11 Dec 2024 17:47:16 GMT

A consortium of six national labor groups, representing thousands of dockworkers in the country, was to launch an indefinite industrial action from Dec. 17 without the deal.

Wed, 11 Dec 2024 15:54:14 GMT

The Oregon gateway is moving closer to becoming a landlord port after it reached a framework agreement with a third-party operator for its only international container terminal.

Tue, 10 Dec 2024 19:33:14 GMT

Carrier executives who dominate the board of the United States Maritime Alliance tell the Journal of Commerce they are done with what they consider to be an overly passive approach demonstrated in recent months by USMX staff in the face of repeated provocations by ILA leadership.

Tue, 10 Dec 2024 16:51:14 GMT

Industrial projects reliant on imported steel are expected to feel the pinch of an import and quality crackdown in the country.

Mon, 09 Dec 2024 16:15:16 GMT

The extensive frontloading of imports that occurred this fall will keep cargo volumes modest this month, but the vagaries of labor negotiations and new tariffs threaten to disrupt the market in short order.

Fri, 06 Dec 2024 20:05:16 GMT

US maritime regulators are investigating reports that the Spanish government has blocked US-flag Maersk ships carrying military cargoes for Israel from calling Algeciras.

Thu, 05 Dec 2024 22:17:14 GMT

Various labor groups representing dockworkers at the country’s 12 public gateways have threatened to strike if the government fails to follow through on a wage agreement due to financial strains.

Thu, 05 Dec 2024 14:53:14 GMT

The regulation is designed to enhance security across global supply chains and brings the EU in line with other major exporting countries.

Wed, 04 Dec 2024 17:31:13 GMT

The union representing 45,000 longshore workers along the East and Gulf coasts is seeking to block technology that management says is critical for land-constrained ports to handle larger ships.

Tue, 03 Dec 2024 22:36:14 GMT

The ocean carrier looks to secure berth slots and yard space ahead of 2025 as container lines and new alliances plan to leverage terminal ownership stakes.

Mon, 02 Dec 2024 21:32:14 GMT

A handful of companies unveiled new products in the last week intended to enable decision-making based off the visibility data they provide.

Wed, 15 Jan 2025 15:29:13 GMT

The US is seeking to amend rules regarding so-called de minimis shipments, which have skyrocketed since the pandemic.

Mon, 13 Jan 2025 19:47:14 GMT

Shippers have long outsourced drayage to third parties, but farming out allocation decisions to managed transportation providers threads the needle between access to capacity and neutrality.

Wed, 08 Jan 2025 17:54:13 GMT

The acquisition is part of a surge in logistics M&A transactions aimed at simplifying access to systems and services for shippers and brokers.

Tue, 07 Jan 2025 19:47:14 GMT

More uptake of transactional pricing in the less-than-truckload market is a sign that some carriers are targeting smaller or more infrequent LTL shippers.

Mon, 06 Jan 2025 16:06:15 GMT

Shippers must weigh the merits of a single-source relationship on drayage through key ports over splitting volume among regional and national carriers, or even brokers.

Fri, 03 Jan 2025 17:21:14 GMT

The deal will see Acuitive Solutions’ AcuAudit product integrated into Cass’ freight audit and payment platform, one widely used by large shippers.

Thu, 02 Jan 2025 17:40:51 GMT

Acquisitions, new product releases and fresh investment among companies catering to truckload brokers speak to an industry wrestling with the need to make things easier for customers.

Thu, 19 Dec 2024 18:38:14 GMT

The acquisition of Trucker Tools will give DAT access to carrier positioning data to arm its truckload broker customers.

Tue, 17 Dec 2024 18:44:14 GMT

Advent eModal, a three-decade landmark provider of fee collection and appointment scheduling at container terminals, has been sold by private equity group Blackstone to air cargo software specialist CargoSprint.

Mon, 16 Dec 2024 11:00:00 GMT

Generative AI is changing the nature of core freight brokerage processes, potentially impacting the amount brokers earn and how employees get paid.

Thu, 05 Dec 2024 19:04:14 GMT

Freight brokers large and small are testing software, including the tools developed by Vooma, that automate core functions such as quoting, load building and tracking.

Tue, 03 Dec 2024 20:03:14 GMT

The two biggest transportation visibility vendors in the market have been battling each other in court since 2019 but can now refocus on winning market share.

Mon, 02 Dec 2024 20:43:14 GMT

NYSHEX is making a renewed effort to solve the fundamental problem of ocean container supply chains, promoting the use of index-linked contracts to build contract integrity and certainty.

Tue, 26 Nov 2024 19:34:22 GMT

The use cases for sensor-enabled container fleets could expand if shipping lines see such hardware as a legitimate tool to combat the threat of illicit goods movement.

Mon, 25 Nov 2024 20:18:14 GMT

By connecting to forwarder-customers of software vendor e2open, Freightos is continuing its push to develop electronic booking capability in the air freight industry.

Fri, 22 Nov 2024 18:47:19 GMT

A dearth of consolidation means there are still plenty of visibility vendors for shippers to choose from, but it also means the market as a whole is on somewhat unsteady ground.

Thu, 21 Nov 2024 14:00:00 GMT

GenLogs, founded by an ex-counterterrorism expert, is offering shippers and brokers a way to track lost trailers and trucks as cargo theft booms in the US.

Wed, 20 Nov 2024 11:00:00 GMT

The New York Shipping Exchange’s plan to introduce indexes to support long-term contracts adds to an already crowded field of providers.

Tue, 19 Nov 2024 16:30:15 GMT

The company sees its new Broker Access product as another channel for brokers to find capacity outside of contracts with truckload carriers and posting spot freight on a load board.

Thu, 14 Nov 2024 17:35:14 GMT

Customers of automated freight procurement tool Keelvar will get access to more than $1 trillion in truckload pricing data as part of a new arrangement with DAT Freight & Analytics.

Wed, 13 Nov 2024 18:22:14 GMT

Shippers once saw small variances on freight bills as a nuisance too insignificant to dispute, but technology is enabling more efficient scrutiny across transportation modes.

Mon, 04 Nov 2024 13:49:13 GMT

Some freight brokers are increasing the number of loads they can book per day with software that automates repetitive components of the booking process.

Mon, 28 Oct 2024 21:13:15 GMT

The test showed that eBLs sped the transfer of documents from the exporter to the importer using the WaveBL platform as a shared ledger.

Fri, 18 Oct 2024 19:22:14 GMT

GenLogs, a technology provider aiming to help US brokers track trucks, uses a network of roadside sensors to passively collect truckload carrier locations.

Mon, 23 Sep 2024 13:15:00 GMT

The software provider has steered clear of outside investment as it sought to patiently build import management tools for shippers.

Mon, 23 Sep 2024 10:00:00 GMT

Investors have put $6.3 million into a startup aiming to provide a procurement and transportation management software alternative to enterprise-focused solutions.

Thu, 05 Sep 2024 17:00:14 GMT

Forwarders booking less-than-containerload business from shippers face documentation and pricing challenges that cut into their ability to carve out margin.

Tue, 03 Sep 2024 19:01:14 GMT

A range of supply chain mapping and risk management tools have emerged in the past decade, many aimed at customs brokers and third-party logistics providers.

Thu, 22 Aug 2024 15:00:17 GMT

A flood of duty-free shipments from Asia has upped the ante on brokers having broad knowledge of the upstream supply chains used by their importer clients.

Tue, 20 Aug 2024 16:43:14 GMT

Most of Freightos’ traction in air and ocean freight procurement has centered around spot pricing, but the purchase of Shipsta will give it access to contract data from enterprise shippers.

Mon, 19 Aug 2024 19:48:14 GMT

A new $54.9 million fund has launched to support climate-focused logistics startups, a rare bright spot amid a larger pull-back in venture capital investment in the wider shipping industry.

Thu, 15 Aug 2024 18:28:13 GMT

Despite the nearly $140 billion invested in logistics startups globally from 2012 through 2023, most of the industry’s major inefficiencies remain and the underlying structure of the industry has hardly changed.

Fri, 09 Aug 2024 14:00:00 GMT

The retail giant will enable sellers using its US fulfillment services to access its negotiated ocean rates for full containers from Yantian, Shanghai and Ningbo.

Fri, 09 Aug 2024 13:11:50 GMT

Many tools tend to focus on providing visibility centered around the “planned” supply chain, but perhaps what the industry needs is a shift in mindset that puts greater attention on exceptions, writes analyst Lars Jensen.

Fri, 02 Aug 2024 16:06:27 GMT

The $200 million funding round cuts against the broader trend of venture capital investors pulling back from early- and growth-stage supply chain and logistics startups.

Tue, 30 Jul 2024 15:02:07 GMT

A report from the consultancy pins lackluster funding into logistics startups on static freight demand and a steep decline in freight rates in 2023.

Thu, 25 Jul 2024 17:03:30 GMT

The Singapore-based ocean carrier is the fifth shipping line to use WaveBL’s electronic bill of lading product.

Wed, 24 Jul 2024 15:01:01 GMT

The collaboration comes barely a month after Google researchers said they could help shipping lines improve their network designs and profitability.

Thu, 18 Jul 2024 17:45:01 GMT

The former CEO of the now bankrupt logistics software vendor has landed in federal prison after a high-profile saga that began with Slync employees not getting paid for weeks in 2022.

Fri, 12 Jul 2024 14:10:41 GMT