Forwarding

An unnerving game of “chicken” played out on the lower Mississippi River recently.

While many ports in the Gulf region are focused on waterside projects, the Port of Beaumont, Texas, this summer will begin a long-awaited project to reconfigure the port’s railyard, moving it from the

A severe terminal congestion at India’s Port of Jawaharlal Nehru prompted port management to seek immediate intervention with Container Corp.

Sberbank Capital, a unit of Russia's largest bank, the state-controlled Sberbank, acquired a 10 percent stake in Global Ports Investments, one of Russia’s leading container and oil products term

Deep recession affecting the steel plants ringing the Great Lakes basin in North America is creating huge decreases in shipments of iron ore and limestone for those same plants, the Lake Carriers' Ass

Container volumes at U.S.

DHL Global Forwarding Japan launched direct less-than-container-load services connecting Tokyo and Yokohama to Chicago.

The westbound movement of agricultural products is outperforming general merchandise, and the U.S.

Japanese carrier MOL has refuted a report by Reuters that it is considering “spinning off” it container division.

The corporate owner of a Korean-flag bulk carrier will pay a $2.2 million fine for violating U.S. oil pollution laws, the Justice Department announced Friday.

The volume of container traffic handled by the Port of Hong Kong dropped 20 percent in the first quarter to 4.6 million TEUs, according to statistics published last week by the Census and Statistics D

MOL said last week it is considering spinning off its container shipping division and selling it to a non-Japanese shipping line as one option to turn around the loss-making business.

Liner shipping executives are raising their glasses to American wine drinkers, for they make up about the only consumer market where demand has not plummeted for imports from the Mediterranean.

U.S.

The A.P. Moller-Maersk Group will merge its subsidiaries Maersk Logistics, Maersk Customs Services and Damco into one company Sept.

Hoegh Autoliners, the Norwegian ocean car carrier, will launch service between the Middle East, India and Africa next month.

Freight traffic on the St.

London – Israel Corp. lent its container shipping unit Zim Integrated Shipping $50 million to help the troubled Israeli carrier survive tumbling cargo volume and sliding freight rates.

Fitch Ratings downgraded some of the credit ratings of CMA CGM to reflect the company’s deteriorating balance sheet and the downturn in the global container shipping business.

Economic recovery will occur when consumer spending turns around, unemployment bottoms out and the business inventory-to-sales ratio improves, but that will take awhile, according to the chief economi

Hamburg Süd on Friday christened the last of a series of ten new Monte class ships. The ocean carrier will add three larger Rio class ships later this year.

London -- The fleet of idled container ships owned by ocean carriers is shrinking as unemployed vessels are brought back into service to handle the seasonal rise in cargo volumes.

London -- Container ship charter rates are still falling despite the onset of the peak shipping season, as ocean carriers continue to trim capacity amid stagnant cargo volume on key deep-sea liner tra

Customs and Border Protection should delay implementation of the Importer Security Filing rule until the World Customs Organization has had time to review its compatibility with the SAFE Framework sec

The first deep-water container terminal serving Vietnam's southern commercial hub opened Friday, clearing the way for direct service to the United States to begin this week, APL said.

A group of German charter container ship-owners agreed to a $710 million rescue for CSAV, the financially troubled Chilean ocean carrier.

Kawasaki Kisen Kaisha ("K" Line) established its own shipping agency, "K" Line Roro & Bulk Agencia Maritima Ltda., in Brazil for car carrier and bulk shipping.

Germany's BBC Chartering and Danish carrier Clipper Projects have called time on their five year Far East project cargo joint venture.

Container throughput at the Port of Marseilles-Fos picked up sharply in April to 225,726 TEUs, almost as much as the entire first quarter, resulting in a 1 percent increase in the first four months of

Breakbulk carriers will continue to feel the world economic bust, but they’ll weather it better than their brethren in the container or dry-bulk markets, analyst Dirk Visser told the Journal of

Breakbulk carriers have established the International Council of Heavy Lift and Project Cargo Carriers to discuss industry issues related to education, technical innovation, security and other non-rat

Kalmar, a business unit of Cargotec, won a contract to provide a fleet of 20 shuttle carriers to TTI Algeciras in Spain.

The Piraeus Port Authority, OLP, reported first quarter losses narrowed sharply from a year ago, driven by higher container traffic after dock workers called off a two year campaign of industrial acti

MOL may take advantage of the glut of dry bulk tonnage to bid for an overseas bulk- shipping line as plunging demand and the global recession send company valuations tumbling.

The Port of Seattle joined other U.S. ports in posting sub-par container volumes for April. Seattle's international container volume dropped 32.5 percent compared to April 2008.

APL’s container volume and average revenue fell during the most recent four week reporting period, its parent Neptune Orient Lines said Monday.

Even with mounting losses pushing some ocean carriers into perilous financial territory, Pat Moffett doesn’t worry one of his carriers will go belly up and strand his company’s container loads of elec

Pity the poor retailer. Consumer confidence is near rock bottom, revenue and profits are down, and each week brings fresh news of store closings and bankruptcies.

International trade is an important component of the U.S. economy, especially for those of us living in Oregon and Washington. Exports are of singular importance.

Dave Akers checks the spot rates for shipping containers from Asia to the U.S. first thing every morning.