Maritime

Houston and New Orleans reported increased monthly cargo during July, while Corpus Christi posted a rise in crude oil exports.

A story reported in the January 1976 issue of American Shipper tells of a prepaid shipment headed for Bordeaux, France, that ended up stuck in Jacksonville, Florida, causing the fertilizer cargo to rot.

Two ships in 1975 traveled between Mediterranean and U.S. ports on a fixed 14-day schedule. But they also caught attention because they were able to carry different types of cargo, including containers as well as liquids.

This week in Borderlands: Texas seaport completes a $146 million container terminal expansion; a chemical logistics provider expands its Arizona operations; Bollore Logistics opens a supply chain facility in Mexico; and border agents seize $38 million worth of meth hidden in a kale shipment.

While every sector has seen its fair share of upgrades, challenging and shifting priorities, the ocean environment has proven especially rife for change.

Shipco Transport pairs strong company values with deep expertise and broad coverage to deliver concrete results to its forwarder customers.

In-transit visibility options have skyrocketed over the past several years, making it easier than ever to track a shipment’s en route movements. The same cannot be said, however, for terminal visibility.

Last year’s peak retail season stands apart from previous years in that there wasn’t much of a “peak” at all.

GPA is working hard to meet growing demand. To achieve this goal, it has focused on infrastructure improvement and expansion.

Steamship lines sometimes offer an included chassis for trucking companies. Similarly, non-vessel operating common carriers sometimes offer a chassis program linked to the chassis pools for their carrier partners. While these offers may sound attractive, is a typical “chassis deal” really a deal at all?

A 7.7 magnitude earthquake rocked Mexico’s Pacific Coast region, where the country’s largest container port is located.

A shipping researcher dubbed July 1 “Bloody Friday” due to a large drop in stock prices for several shipping companies.

A combination of rising fuel prices, lowering spot rates and falling imports makes for a freight market in transition.

Companies that have historically treated drayage and other inland transportation services as an afterthought will need to shift this mindset in order to survive in the current maritime environment.

Consumers will see higher prices in the coming months at their retail and grocery stores as a result of the rise in black gold.

After a year and a half of predictive misses, procurement teams and supply chain managers are in need of Lithium to help treat their bipolar ordering behavior.

The global supply chain visibility platform is seeking to take some pressure off carriers at the ports with more precise ETAs.

Eastern Shipbuilding opens a new shipyard in northwest Florida with Staten Island Ferry orders.

1986: Liberia fights to remain a leading flag of convenience as competition increases.

The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.

The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.

The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.

The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.

The import boom appears far from over, and it will have implications long after this wave of unprecedented orders subsides.

The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.

Though maritime shipments of LNG are routine today, it was only 62 years ago that the first shipment of LNG occurred.

The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.

The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.

The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.

The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.

IMO 2020 and new amendments have the potential to further lower emissions for maritime freight. Carriers are using low-emission fuels, scrubbers and shore-to-ship power.

The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.

An increase in consumer demand is causing a container clog, with many ports and carriers running out of space. This surge has caused container prices to sharply increase, forcing automotive suppliers to pay a pretty penny for real estate on these large container ships.

The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.

The first of a two-part regime imposing new pollution control standards on ships has been released for public comment.

Import volumes continue to fuel the surface transportation boom. Will it last into 2021?

The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.

The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.

The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.

Thousands of crew members are stuck on board their ships due to COVID-19 restrictions. Learn more in Darren Prokop’s commentary.

Southern California has become the hot spot for freight in the post COVID-19 freight market. Could it be the region to tell us what’s next?

Imports of nondurable goods are outperforming durable goods imports this month, which may indicate warehouses are full of their durable counterparts due to lack of demand.

The companies that control the bulk of ocean cargo opearte under different rules than most companies. Read Darren Prokop’s explanation of why that is…

Zach and Anthony talk about the latest coronavirus developments on transportation, the main functions of a freight forwarder and recent economic developments.

What ‘The Path Between the Seas’ teaches us about leadership and the need for a backup plan

Kirby, already America’s largest river-barge transporter of petroleum, gets bigger still.

Ben Thrower writes about the increased use of cargo ships to smuggle drugs.

Darren Prokop writes about the implementation of IMO 2020 and how its costs will be absorbed and/or passed along…

Few freight forwarders currently offer shipper-owned containers due to the lack of market transparency in their sourcing.

The global logistics industry is big and getting bigger.

After adjusting for Lunar New Year distortions, the growth rate for Chinese exports to the U.S. in November was the lowest since January 1996.

An unreleased study reportedly discussed at IMO’s meeting this week suggests that setting ship engine power limitations would result in negligible CO2 emission reduction.

Freight volumes fell off a cliff at the end of October. Is this yet another reason for concern that the market may slow even further?

We are regularly enhancing and improving SONAR to meet the needs of the ever-changing freight market and the needs of our customers. To help keep SONAR users informed, we deliver […]

On this week’s Port Report, Britain’s own Oliver Haines joins Laura Fava and Dooner, and they’re talking an end to the trade war. Plus, the living hell that is the […]

New features have been added to FreightWaves SONAR. Learn about them here!

France-based carrier says its new Shipfin Trade Finance products will be made available in Europe and the U.S. next year.

Retail is expected to be the great savior of the 4th quarter economy. Hopefully retaill shipment volumes are not an indication of things to come.

Ben Thrower writes about the coming IMO 2020 regulations and its impact on the shipping industry.

New regulations are expected to affect around 60,000 ships, requiring them to reduce their sulfur emissions by more than 80%.

Technology deployment specialists Velociti have expanded into the construction markets, giving participants the same support and expertise over-the-road trucking companies have benefitted from since its founding.

FourKites was founded with the idea of developing a cloud-based SaaS platform that allows for seamless communication and real-time collaboration in the supply chain. As it passes five years in business, founder Matt Elenjickal details why he thinks it has been successful.

Hurricane Dorian has been creeping up the Southeast coast of the U.S., impacting some of the country’s largest ports.

Air cargo volumes dropped again in July, but may be stabilizing based on new data.

Due to recent pirate activity, the International Maritime Bureau has urged seafarers to remain vigilant and to report all suspicious activities to regional authorities and the IMB.

The UN Conference of Trade and Development released a study that reveals who’s at the top of the commercial maritime world—ranked based on connectivity to other ports.

The new IMO regulation reducing ships’ sulfur oxide emissions aims to improve the health of the environment and human population, especially near coasts and ports. This also means increased costs and a shift in strategies for maritime shippers. A panel at the Edge 2019 conference will explore these regulations and their predicted effect on logistics.

FreightBro is a digital enabler that helps digitalize and automate several manual operations within the shipping industry, tailored to suit small- and mid-tier freight forwarders.

The Port Report focuses on another vessel being seized in the Strait of Hormuz.

Automotive carrier Kawasaki Kisen Kaisha (K-Line) has been convicted of being in a criminal cartel and has been fined nearly US$23.4 million in Australia.

Japans K-Line shipping company reported its fiscal first quarter earnings.

Japanese shipping company NYK;s fiscal first quarter earnings are covered in this article.

Jim Wilson reports on Hong Kong-listed dry bulk ocean shipping company Pacific Basin’s earnings.

OOCL reported its second quarter 2019 earnings while also announcing that it was canceling several Asia-Europe sailings for a three-month period.

The Netherlands-headquartered shipping line Universal Africa Lines (UAL) recently added Port Houston’s City Docks to its liner service that connects the Gulf of Mexico and Mexico with West Africa. UAL, […]

Chris Connor, the new president and CEO of the American Association of Port Authorities, is enthusiastic about advocating for the varied needs of its members.

In this commentary by Ekim Saribardak, he writes about new track and trace technologies that can revolutionize the shipment of ocean freight.

The California Department of Transportation has started a massive construction project that will lead to nighttime closures of State Route 60 out of Ontario for months.

Freight volumes may have peaked for the season, but it certainly doesn’t feel that way. There is still a lot of uncertainty for Q3 as we close a disappointing Q2.

The Netherlands leads Europe in inland waterway transport, and to keep its dominance over roadways intact, it looks to invest heavily in autonomous shipping technology.

Cyber attacks are becoming all too common in the maritime sector, making it crucial for container lines to prevent data hacking and look to improve resilience.

Banks set carbon emissions standards for lending limits; oil production in the Permian basin booms; distracted driving problem is larger than previously thought.

Shippers in the maritime market can choose between a carrier-owned container or a shipper-owned container, with each business model holding certain advantages over the other based on availability and the freight corridor in question.

The scale and growth of China’s domestic over-the-road trucking and international ocean container shipping trade has been revealed in new data from the country’s Ministry of Transport.

Nicholas Press, Founder and President of CEC Systems, explores the maritime industry’s problem with empty containers and explores potential solutions to deal with them.

International shipping has become one of the largest drivers of domestic shipping volumes in the United States over the past several years. Knowing when and where container volumes are moving […]

A consortium comprising DP World of the United Arab Emirates, the Russian Direct Investment Fund (a sovereign wealth fund), Rosatom and Norilsk Nickel have agreed to look into developing the Russian Northern Sea Route.

Today on FreightWaves NOW, we talk to brokers, carriers, shippers, and even look at the maritime outlook from a global perspective. Where are volumes and rates heading Taco Tuesday, June 4?

Schulte Group has launched INNOPORT, a venture capital unit that invests in global maritime startups. “We want to build bridges and open doors wherever possible,” said Yiannis Sykas, INNOPORT chief […]

BW LPG, an ocean carrier of crude oil, gas, chemicals, and products of oil, has reported a first quarter 2019 net loss after tax of US$23.5 million. It’s a loss that’s about three times greater than the US$8.4 million loss recorded in the first quarter of 2018.

Manila, Philippines-based container terminal operator International Container Services International has posted a solid set of first quarter results. Revenues were up. Profits were up. Box lifts were up. The group attributed its good results to operational improvements, lower finance costs and a “ramp up” in contributions by its new ports.

IMO 2020 is will increase demand for distillates and put upward pressure on diesel. How should truckers prepare?