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Forwarding
The latest Forwarding News & Analysis
West Coast Ports Emphasize Competitive Edge
Bill Mongelluzzo |
Transportation interests agree that West Coast ports are well-positioned to capture a significant share of the cargo growth that will occur in the coming years, but they emphasized that the ports must
Maritime
Forwarding
North American ports
Stevedore HHLA Profit Slumps 55 Percent
Bruce Barnard |
HHLA, Hamburg's largest stevedore, said earnings tumbled 55 percent in 2009 from a year ago as container traffic through Germany's biggest box port shrunk by a third.
Maritime
Forwarding
Maersk to Test No-Show Fees
Peter T. Leach |
Maersk Line will start imposing a $10 fee for “no-shows” on every container that shippers book for export on one of its trans-Pacific services that does not show up at the ports of Los Ang
Maritime
Container lines
Forwarding
Asian Ocean Carriers Slashed Fleets
Peter T. Leach |
A number of Asian carriers significantly trimmed the number of containerships they own over the last 15 months as they sought to reduce exposure to the fragile liner shipping markets, according to Alp
Maritime
Container lines
Forwarding
Steel Imports Declined in February
Peter T. Leach |
U.S.
Transport, Trade and Regulation News
Forwarding
Danaos Lost $16 Million in Fourth Quarter
Bruce Barnard |
Ship charter company Danaos swung to a $16.2 million loss in the fourth quarter of 2009 from a $23.8 million profit a year ago but reported stronger demand for larger vessels since the beginning of 20
Maritime
Forwarding
Con-way Freight, TNT Expand Partnership
William B. Cassidy |
Con-way Freight and TNT are expanding their trans-Atlantic partnership to include shipping U.S. exports to Europe, targeting freight shipments weighing more than 150 pounds.
Trucking News
Container lines
Forwarding
LTL
Safmarine Restores ME 3 Service
Peter T. Leach |
Safmarine said it is reintroducing the ME 3 shipping service between the Mediterranean and West Central Asia.
Maritime
Container lines
Forwarding
Wallenius Wilhelmsen Expands in Middle East
Peter T. Leach |
Wallenius Wilhelmsen Logistics, the joint Swedish-Norwegian roll-on, roll-off carrier, is expanding its ocean services from North America to the Middle East due to a strengthening of demand in the reg
Maritime
Forwarding
Maersk Parent Cutting Costs Another $500 Million
Peter T. Leach |
A.P. Moller-Maersk aims to cut operating costs by $500 million this year, it said in a company newsletter published on Monday.
Maritime
Container lines
Forwarding
EU Approves Euroports, DP World Terminal
Bruce Barnard |
European Union regulators cleared a joint venture between Luxembourg-based Euroports and DP World for a new container terminal in the port of Liege.
Maritime
Forwarding
Three Lines to Serve India-East Africa
JOC Staff |
Middle East-based Simatech Shipping, Evergreen Line and Wan Hai Lines will launch a joint container service linking the Indian Subcontinent and East Africa, effective in May.
Maritime
Container lines
Forwarding
APL Volume and Yield Climb in Latest Period
Peter T. Leach |
Neptune Orient Lines said Monday the volume of containers carried by its container line APL and the average yield per container both climbed during the four weeks from Feb.
Maritime
Container lines
Forwarding
Duisport Breaks Revenue Record
Bruce Barnard |
Duisport, the operator of the world's biggest inland port at Duisburg, Germany, booked record revenue for the second year running in 2009.
Maritime
Forwarding
New York-New Jersey Terminals Closed on April 2
Peter T. Leach |
All the ocean terminals in the Port of New York and New Jersey will be closed on Friday, April 2, because of Good Friday, which is an International Longshoremen’s Association holiday, the Port A
Maritime
Forwarding
Maersk Line Close to Break Even, CEO Says
Peter T. Leach |
Maersk Line CEO Eivind Kolding predicted in Russia Sunday that the container line is "about to break even" as ocean freight rates jump, and predicted demand will be in the upper end of its f
Maritime
Container lines
Forwarding
Obama Appoints Customs Chief, Trade Officials
R.G. Edmonson |
President Obama named Alan D. Bersin to be U.S.
Transport, Trade and Regulation News
Forwarding
NOL Forms Company to Finance New Ships
Peter T. Leach |
Neptune Orient Lines formed a new wholly owned subsidiary called Triton Shipping in Singapore to arrange financing for two new vessels with capacities of 10,000 20-foot equivalent units that it ordere
Maritime
Container lines
Forwarding
Measuring Port Productivity
Bill Mongelluzzo |
When it comes to measuring productivity at marine terminals, The Tioga Group has some advice: Look to the gates, not the acres.
Maritime
Trucking News
Forwarding
Trans-Pacific’s Uneven Playing Field
Bill Mongelluzzo |
It may be a foregone conclusion Asia-to-U.S. trans-Pacific carriers will raise freight rates this year, U.S.
Maritime
Container lines
Forwarding
Imbalanced Export Expectations
Peter T. Leach and R.G. Edmonson |
Almost everyone believes exports are a cure for many of the ailments afflicting the U.S. economy. They can help close the huge U.S.
Maritime
Transport, Trade and Regulation News
Container lines
Forwarding
Maersk Line Joins Vietnam Gold Rush
Peter T. Leach |
Maersk Line plans to add a direct, all water call from South Vietnam to the U.S. West Coast to its Trans-Pacific 6 service.
Maritime
Container lines
Forwarding
Rising Container Capacity Threatens Liner Recovery
Bruce Barnard |
Ocean container carriers are set to boost capacity by around 785,000 20-foot equivalent units in the coming four months, threatening the recent rise in liner freight rates, a leading industry analyst
Maritime
Container lines
Forwarding
INTTRA Expands into East Asia
Peter T. Leach |
With a wallet full of fresh investment capital from ABS Capital Partners, INTTRA is expanding its e-commerce booking services into East Asia with the opening of a new development center in China and a
Maritime
Container lines
Forwarding
Grand Alliance Adds Direct Vietnam Call
Peter T. Leach |
Grand Alliance member carriers Hapag-Lloyd, NYK, and OOCL plan to add a direct call at Vietnam’s Cai Mep deepwater port to their South China Sea Japan Express starting in May.
Maritime
Container lines
Forwarding
MISC Berhad Launches East India Container Service
JOC Staff |
MISC Berhad launched a container service, called the East India Service (EIS), connecting Yangon, Myanmar, and Chennai, India.
Maritime
Container lines
Forwarding
Maersk Exec Says Container Shipping ‘Fragile'
Peter T. Leach |
The global container shipping industry should go slow in bringing back to service hundreds of ships idled during the recession, otherwise the sector will extend losses which are estimated at $15 billi
Maritime
Container lines
Forwarding
Ports America Appoints New CEO
Peter T. Leach |
Ports America, the largest U.S. terminal operator, named a new president and CEO from outside its ranks on Thursday.
Maritime
Forwarding
Chinese pipes delivered to Iraq
JOC Staff |
A shipment of 857 pieces of carbon steel seamless pipe from China was successfully delivered recently to North Oil Co. — a division of the Iraqi Ministry of Oil — in Kirkuk, Iraq.
Forwarding
Small Port, Big Plans
JOC Staff |
Operating in the shadow of one of the world’s biggest container ports might intimidate a much smaller neighbor, but it hasn’t fazed the Port of Jurong in Singapore.
Forwarding
Power on Demand
Leticia Lozano |
Although Colombia relies on hydroelectric power for its basic electricity supply, when rainfall is low, the country turns to power plants run by natural gas and other fuels.
Forwarding
Colombia’s Road Ahead
Leticia Lozano |
The secret to moving project cargo in Colombia is improvization, companies such as Kuehne + Nagel say.
Forwarding
Colombia Revival
Leticia Lozano |
Colombia has almost come full circle in the past two decades, evolving from a country that in the 1990s suffered an exodus of foreign investors because of rampant political insecurity to the attractiv
Forwarding
RollDock Is Open for Business
JOC Staff |
RollDock Shipping recently placed its first of eight new specialized heavy-lift vessels into service.
Forwarding
A Special Case
William Armbruster |
One of Intermarine’s most recent shipments began in December when it loaded two massive cold boxes for a liquefied natural gas plant under construction in the West African nation of Angola.
Forwarding
Optimism in the Face of Adversity
William Armbruster |
The market for breakbulk and project cargo is in terrible shape.
Forwarding
After the Earthquake
Leticia Lozano |
The catastrophic, 8.8 magnitude earthquake that rocked Chile on Feb. 27 killed more than 500 people and left behind a shambles of infrastructure, with damages topping $30 billion.
Forwarding
Steel-Green Shoots
Joseph Bonney |
After an awful 2009, companies involved in international steel trade have started this year with cautious optimism – and plenty of questions.
Forwarding
Handle With Care
Janet Nodar |
Barges, the tortoises of the maritime industry, have “huge stability” but also come with a unique set of potential problems, said Capt.
Forwarding
Challenged transport
Janet Nodar |
Moving pieces of project cargo that weigh hundreds of metric tons or are five stories tall or higher from point A to point B can be a challenge of monumental proportions.
Forwarding
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