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Platts Containers Update
Air cargo surge could continue through 2017
Bruce Barnard, Special Correspondent |
The modal shift to air cargo following the collapse of South Korean container line Hanjin Shipping may have contributed to the increased demand.
Air Cargo Carriers News
Maersk adds second Iranian call
Bruce Barnard, Special Correspondent |
Maersk Line has expanded its footprint in Iran by adding a second port of call.
Container lines
Eimskip faces crew strike threat
Bruce Barnard, Special Correspondent |
Eimskip is facing a strike on its container ships next week.
Container lines
Chennai gears to shake off volume slump
India Special Correspondent |
Chennai Port hopes to kickstart a 2017 that will help it leave behind the throughput and productivity struggles of the past few years.
International ports
India unleashes 12 port projects
Turloch Mooney, Senior Editor, Global Ports |
India has established a company to oversee its Sagar Mala port-led development program and announced 12 more port projects.
Transport, Trade and Regulation News
Uncertainty delays Asia-Europe ocean contracting
Greg Knowler, Senior Editor Europe |
Market uncertainty is seeing Asia-Europe shippers and carriers sitting on the fence rather than at the service contract negotiating table.
Container lines
Restocking forecast to fuel January import surge
Dustin Braden, Shipper Relationship Manager |
Strong US retail restocking after an even better-than-expected holiday season will send a surge of container imports through ports in January.
Transport, Trade and Regulation News
North American ports
Shippers, Vancouver criticize port authority privatization
Reynolds Hutchins, Associate Editor |
Port of Vancouver president and CEO Robin Silvester has called the government-led push “a threat."
Transport, Trade and Regulation News
Slideshow: Top waves hitting ocean shippers in 2017
JOC Staff |
2016 was one of the wildest years in container shipping history, and with the industry in such a dynamic state, 2017 will likely hold its own surprises.
Maritime
Container lines
UPS enters European truckload market
William B. Cassidy, Senior Editor |
New UPS subsidiary Freightex will work closely with US-based Coyote Logistics.
Logistics Technology News
Trucking News
Truck brokers
New smuggling tactics risk to Brazil shippers
Rob Ward, Brazil Special Correspondent |
Drug smugglers are using new techniques to hide contraband among legal cargo at the port of Santos.
International ports
Alliances to curb North Europe service scale-back
Bruce Barnard, Special Correspondent |
The new alliances are likely to have only a limited effect on productivity and the number of services available to shippers at North Europe ports.
International ports
Singapore port pushes automated trucking
Turloch Mooney, Senior Editor, Global Ports |
PSA said the agreements take Singapore one step closer to the reality of autonomous freight transport.
International ports
Top Indian port doubles program target for faster imports
India Special Correspondent |
India’s busiest public container port is looking to nearly double participation in a program that dramatically speeds import discharges.
International ports
US trucking capacity crunch unlikely
Reynolds Hutchins, Associate Editor |
The “capacity crunch” is a myth.
Trucking News
Rail News
Forwarders see liner profitability years away
Greg Knowler, Senior Editor Europe |
Years of unprofitability lie ahead for carriers with excess capacity and low rates likely to drive further consolidation.
Container lines
Shippers prioritize risk mitigation in 2017
Bill Mongelluzzo, Senior Editor |
As a smaller number of ship lines ply the trans-Pacific, shippers may opt for higher rates to avoid risk.
Container lines
New alliances to challenge shippers
Bill Mongelluzzo, Senior Editor |
Ports, terminals, carriers, and shippers are preparing for significant challenges that will come from this spring’s shuffling of vessel-sharing agreements.
Container lines
US imports to rise after solid 2016, IHS economist says
Mario O. Moreno, Senior Economist, IHS Maritime & Trade |
US containerized imports stayed on an upward trend in 2016 despite strong headwinds.
Transport, Trade and Regulation News
Seattle pushes for bond for former Hanjin terminal
Bill Mongelluzzo, Senior Editor |
Port of Seattle wants MSC to post a bond guarantee before being allowed to purchase Terminal 46.
North American ports
US-Mexico transport cost to rise on fuel price hikes
William B. Cassidy, Senior Editor |
Trucking costs in Mexico may rise 8 to 14 percent, Transplace said, as carriers react to state-imposed fuel price increases.
Truckload
Explosion deals Santos shippers disruption again
Rob Ward, Brazil Special Correspondent |
Shippers using the port of Santos are grappling with delays after an explosion on Thursday afternoon.
International ports
ZPMC delivers Saint John cranes despite hurricane
Joseph Bonney, Senior Editor |
The cranes will be used by DP World, which is working with the eastern Canada port to more than double annual capacity.
Breakbulk News
Marine terminals
Demand uptick fuels more US trucker hiring
William B. Cassidy, Senior Editor |
For-hire trucking employment rose to a new high in December, but carriers are hitting a hiring ceiling.
Truckload
LTL
New Rotterdam quay handles first windmill monopiles
JOC Staff |
A new industrial assembly site at Rotterdam’s Maasvlakte 2 port on the North Sea has shipped out its first monopiles.
Breakbulk News
US warehousing rate rises force shippers to contract fast
Bill Mongelluzzo, Senior Editor |
High demand for warehouse and distribution space means shippers must act quickly.
Industrial Real Estate News
Public Indian port growth quickens
India Special Correspondent |
The pace of growth could accelerate in the coming months.
International ports
Asia-Europe spot rates fall from high
Greg Knowler, Senior Editor Europe |
After a strong finish to the year, spot market rates on the Asia-Europe and Asia-Mediterranean trades declined slightly this week.
Container lines
ILA automation stance signals tough labor talks
Joseph Bonney, Senior Editor |
Union president Harold Daggett takes to Facebook in advance of February meetings.
Longshore labor
North American ports
Planning expansion, US truckers look to Wall Street
William B. Cassidy, Senior Editor |
Schneider National and heavy-haul flatbed specialist Daseke Inc. plan to go public in 2017, seeking new routes to financing.
Truckload
Ocean spot rates hit 20-month high
Bruce Barnard, Special Correspondent |
The last time the WCI composite index exceeded $1,700 per 40-foot-equivalent unit was in March 2015.
Container lines
Chennai rail-road conversion struggles
India Special Correspondent |
Chennai’s rail share in the first three fiscal quarters through the end of December slipped compared with 2015.
International rail
Shippers choose Baltic ports over Russia
Eugene Gerden, Russia Special Correspondent |
More generous free time practices and easier customs processes in Baltic states is costing Russian ports cargo.
Transport, Trade and Regulation News
Emissions controls start at major Chinese ports
Turloch Mooney, Senior Editor, Global Ports |
Although requirements were already mandatory at some ports in 2016, enforcement was limited.
Transport, Trade and Regulation News
Idle container ship fleet dips but outlook uncertain
Bruce Barnard, Special Correspondent |
The idle container ship fleet further retreated from the all-time high reached in October.
Container lines
Consolidations, protectionism, economy worry US shippers
JOC Staff Report |
From consolidation and alliances to a new president and regulatory environment, 2017 will introduce new challenges and opportunities. In a roundtable discussion with JOC.com, three shippers discuss their biggest concerns in the year ahead.
Container lines
Rail News
Transport, Trade and Regulation News
2016 was charter market's worst year ever
Greg Knowler, Senior Editor Europe |
Hanjin's collapse and the widened Panama Canal has left ship charterers contemplating their worst year ever.
Container lines
Toll executive to run SingPost
Greg Knowler, Senior Editor Europe |
It has taken a year, but SingPost finally managed to find itself a new CEO.
Supply chain
Air cargo peak season volume healthiest in years
Greg Knowler, Senior Editor Europe |
It has been a long time since the air cargo industry had a peak season to remember for the right reasons, but a solid end to 2016 has done the trick.
Air Cargo
Air Cargo Carriers News
Acquisition drives logistics provider NFI deeper into Canada
William B. Cassidy, Senior Editor |
NFI's acquisition of Dominion Warehousing and Distribution is the latest of several cross-border deals between US and Canadian logistics and transport operators.
Logistics Technology News
Trucking News
Truck brokers
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