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Platts Containers Update
CBP: No launch date for unfinished ACE functions
Joseph Bonney, Senior Editor |
US Customs and Border Protection is chipping away at unfinished parts of its omnibus Automated Commercial Environment system for electronic document filing.
Transport, Trade and Regulation News
Chennai Port struggles to drive up rail volume
Special Indian Correspondent |
Converting cargo from road to rail, aimed at easing chronic congestion at Chennai Port, continues to be a struggle.
International ports
International rail
US legislators: Carriers’ antitrust immunity needs review
Mark Szakonyi, Executive Editor |
“The alliances are a tremendous concern.”
Transport, Trade and Regulation News
Container lines
Estes launches enhanced Canada LTL trucking service
By JOC Staff |
New service aims to smooth cross-border hurdles for shippers and provide greater supply chain visibility.
LTL
Scrutiny after St. Petersburg bombing slows Russia cargo
Eugene Gerden, Russia Special Correspondent |
Customs clearance at Russian ports is set to take longer.
Transport, Trade and Regulation News
Norwegian regulators block Eimskip bid for Nor Lines
JOC Staff |
Eimskip in the last two years has acquired two freight forwarders focused on reefer cargo.
Container lines
Transport, Trade and Regulation News
Growth at public Indian ports slows despite productivity gains
India Special Correspondent |
Traffic at major ports, which account for 70 percent of India’s container trade, increased 3 percent year-over-year.
International ports
European shippers say exports to Asia delayed weeks
Dustin Braden, Shipper Relationship Manager |
Further grating shippers, carriers are providing no guarantees that all goods of a shipment will be loaded.
Container lines
New parking lot key to easing Santos congestion
Rob Ward, Brazil Special Correspondent |
The parking lot should be up and running by some time in 2019.
International ports
Politics clouds launch of ‘single window’ for NAFTA customs data
Joseph Bonney, Senior Editor |
The project is tied to CBP's still-incomplete Automated Commercial Environment.
Transport, Trade and Regulation News
EU-based carriers set for Canadian cabotage relief
Reynolds Hutchins, Associate Editor |
Proposed Canadian legislation would allow EU-based carriers to reposition empty containers between domestic ports.
Transport, Trade and Regulation News
Container lines
Marine terminals
MOL eyes 2017 profit ahead of merger finish
Dustin Braden, Shipper Relationship Manager |
“We are well positioned to deliver profits this fiscal year and beyond.”
Container lines
India's Adani Ports seeks to be global operator
India Special Correspondent |
The joint project is being positioned as an extension of Port Klang.
Marine terminals
ELDs signal higher US drayage costs for BCOs ahead
By William B. Cassidy, Hugh Morley and Bill Mongelluzzo |
Electronic logging of truck driver hours will run smack into congestion and delays at ports and rail yards, forcing changes to drayage operations and threatening higher costs.
Drayage
Proposed California container fee threatens BCOs’ routings
Bill Mongelluzzo, Senior Editor, Trans-Pacific |
"Customers change over $50 a container.”
Transport, Trade and Regulation News
North American ports
Saia, TST Overland form US-Canada LTL trucking alliance
By JOC Staff |
Alliance between US and Canadian trucking operators comes as both parties expand.
LTL
Russian highway toll increase lower than expected
Eugene Gerden, Russia Special Correspondent |
The lower level of increase makes it less likely that shippers will move volumes to Russian rail operators.
Trucking News
Transport, Trade and Regulation News
Productivity gains lift JNPT to record fiscal year
India Special Correspondent |
Container throughput at Jawaharlal Nehru Port Trust (JNPT) hit an all-time high in fiscal year 2016 to 2017.
International ports
Project cargo prospects brighten in India
JOC Staff Report |
India's growth potential elevates prospects for breakbulk and heavy-lift shipments.
Supply chain
Breakbulk News
Mississippi River container terminal faces steep climb
Joseph Bonney, Senior Editor |
“Our goal is to take cargo away from other gateways like LA-Long Beach and New York.”
North American ports
Trans-Pac spot rates pop on pre-alliance surge
Bill Mongelluzzo, Senior Editor, Trans-Pacific |
West Coast spot rates reverse 10-week decline since Chinese New Year.
Container lines
Simplified carrier service contract rule takes effect May
Reynolds Hutchins, Associate Editor |
The original rulemaking announcement, however, did not include the new rule’s effective date.
Transport, Trade and Regulation News
Container lines
JNPT's rail push advances with new depot
Indian Special Correspondent |
The depot opens another intermodal link for the country’s dominantly industrialized northwestern hinterlands.
International ports
Weak rates pull China Cosco to $1.4 billion loss
Reynolds Hutchins, Associate Editor |
Soft demand, unsustainable pricing, and the wave of consolidation sweeping through the industry has left the near-term outlook uncertain, Cosco Shipping said.
Teamsters win wage hikes in US auto shipper contract
William B. Cassidy, Senior Editor, Trucking |
Auto demand may be 'leveling off,' but Teamsters win wage increases in five-year carhauler deal.
Truckload
Kobe unseats Yokohama as Japan's No. 2 port
Tomoo Yatsuhashi, Japan Special Correspondent |
Container traffic at the port of Kobe was the highest since 1995, when a devastating earthquake hit the port city.
International ports
CEVA Logistics, Anji expand China joint venture
Bruce Barnard, Special Correspondent |
CEVA Logistics and Anji, China’s largest automotive logistics provider, have agreed to renew and expand their joint venture partnership.
Logistics Technology News
China Merchant profit soars on strong volume growth
Turloch Mooney, Senior Editor, Global Ports |
CM Port Chairman Li Xiaopeng said container throughput in 2017 will likely break the 100-million-TEU barrier.
Marine terminals
Mexican rail agency faces early test with anti-competitive report
Hugh R. Morley, Senior Editor |
A Mexican government report alleging a lack of competition among the country’s top three rail operators may be the first test of a new railroad regulatory agency created last year.
International rail
Transport, Trade and Regulation News
Berard Transportation handles ‘anything big and heavy’
Joseph Bonney, Senior Editor |
Companies like Berard play a crucial role in project cargo transportation.
Supply chain
Breakbulk News
Brazilian beef ban eased as stranded shipments clog Santos
Rob Ward, Special Correspondent |
Hong Kong, China, Egypt, and Chile have modified their all-out ban of Brazilian beef exports to focus only on rejecting shipments from 21 packing plants.
Cool Cargo News
Shipping loans slam HSH Nordbank pretax profit
Bruce Barnard, Special Correspondent |
HSH Nordbank booked a loss provision of 2 billion euros for loans to its struggling shipping clients.
Transport, Trade and Regulation News
Maritime
UK ports seek exemption from EU port services regulation
Bruce Barnard, Special Correspondent |
The EU’s Port Services Regulation has finally come into force.
Transport, Trade and Regulation News
DP World Nhava Sheva taps new tech for truck gates
Special Indian Correspondent |
Technology aims to reduce wait times at India's busiest container gateway.
International ports
Drayage
Scope of carrier alliance changes comes into view
Greg Knowler, Senior Editor Europe |
In just two days, shippers will be dealing with a totally changed container shipping landscape as the global carriers roll out their new alliances.
Maritime
Container lines
Singamas: Carriers, lessors rushing to order containers
Greg Knowler, Senior Editor Europe |
Singamas has reported a full orderbook for the first quarter as carriers and container lessors try to avoid any shortages in boxes.
Maritime
Container lines
Marine terminals
LA-LB's handling of new alliances hinges on cooperation
Bill Mongelluzzo, Senior Editor, Trans-Pacific |
Fostering cooperation among supply-chain sectors is the main challenge LA-LB faces in handling the new alliances.
North American ports
VIDEO: Shipping industry must focus on mutual success
JOC Staff |
How can the shipping industry reach a model where everyone can succeed?
Container lines
Wal-Mart’s Mobile DC to build on Gulf’s Asia import gains
Joseph Bonney, Senior Editor |
World's largest retailer plans to build a $135 million import distribution center.
North American ports
Yang Ming losses doubled in 2016
Reynolds Hutchins, Associate Editor |
The report of deep losses comes as the Taiwanese government pressures the carrier to reform or face a considerable shakeup.
Container lines
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