Latest news

The creation of a containerized rail operator by the Eurasian Customs Union is aimed at capitalizing on growing volume moving between Europe and Asia.

Automotive part shippers can tap a new less-than-containerload service offering faster service between China and Japan by bypassing Hong Kong.

Container lines in the G6 Alliance have revised two of their trans-Pacific routes by adding eastbound calls at Pusan, South Korea, and Kaohsiung, Taiwan, a move that could help them challenge CKYHE as the dominant alliance on the trade.

CMA CGM said it has successfully closed the issue of 725 million euros ($812 million) of its 7.75 percent senior unsecured bonds due 2021.

The top three ocean carriers — Maersk Line, Mediterranean Shipping Co. and CMA CGM — have boosted their share of global container capacity to 38 percent from 26 percent over the past decade and are continuing to pull ahead of their rivals, according to Drewry Maritime Research.

It seems nothing can stop the slide in Hong Kong container traffic as the port reported its 11th consecutive month of declining throughput growth in May with volumes falling 12.7 percent year-over-year.

India’s Jawaharlal Nehru Port Trust and Peel Ports, owner of the port of Liverpool in the United Kingdom, have signed a memorandum of understanding to facilitate long-term, strategic cooperation.

The basic pricing model of container lines on the Asia-Europe trade, battered and bruised for the year, has almost completely broken down, according to London-based analyst Drewry.

DHL Global Forwarding has moved quickly to take advantage of increased interest in the China-Europe rail route following Beijing’s launch of the One Belt, One Road strategy, adding a new twice-weekly service between Zhengzhou and Hamburg.

High demand for Mexican produce and the long-term drought in California are generating strong demand for refrigerated trucking equipment in Texas, especially on the spot market. That’s pushing up spot truck rates in states along the U.S.-Mexican border.

Ryder System is expanding its British truck rental fleet with 400 tractors equipped with Euro 6 emissions controls.

The worldwide rally in containership charter rates may have lost most of its steam, but not for those with the right ships in the right regions, which right now would be the Atlantic.

New service centers in Phoenix and Salt Lake City will help Roadrunner deepen its less-than-truckload coverage across the southern tier of U.S. states.

Shippers have plenty to worry about — including volatile pricing and cargo delays — but piracy should be less of a concern, as the number of incidents has been falling since 2010.

The U.S. Congress stymied President Obama’s trade agenda Friday, after the House of Representatives failed to approve a key portion of a trade package that would have given Obama the ability to fast-track trade deals, including a high-profile treaty with Pacific Rim nations.

Mitsubishi Corp. has launched a $300 million fund to acquire, manage and lease container vessels to major shipping firms, but the fund’s size apparently fell well short of the Japanese giant’s expectations.

From New Jersey to California, developers of industrial real estate face a slew of environmental regulations and oftentimes community pushback when they announce plans for a new warehouse or distribution center. While the odds seem stacked against the developers, more often than not they are able to deliver a project.

In its most aggressive move in the African market in years, APM Terminals has begun construction on a new container terminal at Ghana’s largest container gateway and plans to invest heavily on inland connections to allow growing volume to move more efficiently to and from the hinterland.

FedEx Ground will pay $228 million to settle claims in a California worker misclassification lawsuit. That case is one of several revolving around the definitions of employee and contractor pending in federal court.

Just two months after the Port of Virginia’s container volumes broke their all-time high, they did it again — the latest sign that cargo diversions from a still-recovering U.S. West Coast may have more staying power than originally imagined.

Shippers and carriers using the Brazilian port of Santos are bracing themselves for delays and dislocation next week as the Santos Union of Stevedores prepares to stage a 12-hour strike on a day yet to be decided.

After the eight months of West Coast port congestion that crimped U.S. shippers’ supply chains, 43 percent of surveyed shippers who have negotiated annual trans-Pacific contracts said they will shift shipments to East Coast ports. But of those shippers who told JOC.com they would reroute cargo away from the West Coast, half said less than 5 percent of that freight would be permanently diverted through new contracts for 2015-2016.

U.S. Gulf ports’ container traffic started strong in 2015, with more than a little help from slowdowns and congestion that hobbled West Coast ports and made shippers look for alternatives.

The industrial real estate market is tight, causing rents and land prices to increase, which will eventually lead to higher costs for users as the market reaches saturation.

Global logistics provider DHL is ramping up operations in India, introducing a weekly truck service between Ahmedabad and Nhava Sheva to lead its less-than-containerload consolidation business.

The Asia-Europe spot rates continued their steady march to the bottom this week, dropping another $41 to reach $243 per TEU, according to the Shanghai Containerised Freight Index (SCFI).

A test of 20 top freight forwarders’ online services produced a dismal set of results and revealed the distance still to be travelled before logistics companies are ready to offer efficient automated bookings.

Most of Hong Kong’s container shipping activity will be illegal from next year if the competition law due to be implemented by the government on Jan. 1 is enforced in its current form, said Maersk Line’s chief executive of North Asia Tim Smith.

The Port of Prince Rupert had another big month in May with total container volume increasing 45.6 percent over May 2014.

U.S. shippers are set to regain access to duty-free imports from developing countries after Congress renewed the country’s Generalized System of Preferences program.

When it came to influencing the flow of U.S. maritime container traffic, West Coast longshoremen owned 2014 (and the first two months of 2015). The standoff with waterfront employers crippled West Coast container traffic and sent surges of volume through Canadian and U.S. East and Gulf Coast ports.

The U.S. economy is soft, truck capacity is more readily available, but contract truck rates are headed up, not down as one might expect. That’s because truck capacity is about to get much tighter, driving up truck utilization, transportation economist Noël Perry said.

The Hong Kong government this week said it would move forward with plans to expand container capacity at its Kwai Tsing Container Terminals. But move is unlikely to mollify critics who say the investment is too little too late to maintain the port’s market share of Pearl River Delta traffic.

CEVA has launched a weekly less-than-containerload service from Antwerp to New York, as U.S. imports from Europe surge on the strength of the dollar.

Port Canaveral opens its first container terminal. CEO John Walsh says volume at the Florida port could eventually grow to 3 million to 4 million TEUs

Slower economic growth helped pull down U.S. spot market truck shipments in May 1.7 percent from April, pushing rates down as well. Volumes remain seasonally strong compared with almost any year but last year, DAT Solutions said.

U.K.-based Kerry Logistics has completed a new office in Portugal, allowing the third-party logistics provider to better serve southwest Europe and get better access to Africa and South American markets, particularly Brazil.

"Shippers are still driven by costs rather than green ethics," according to a senior manager of financial consultant PricewaterhouseCoopers.

The U.K. government has netted 750 million pounds ($1.2 billion) from the sale of half of its remaining 30 percent stake in Royal Mail.

Nearly 100 shipping and trade associations urged the U.S. Federal Maritime Commission to prohibit late fees for containers and chassis that can’t be picked up or delivered on time because of port congestion.