Year-over-year rates dropped 2.3 percent in September, the ninth consecutive month of declining prices, according to the latest Cass Intermodal Price Index.
Volga-Dnepr Group has signed a finance lease agreement with JSC Sberbank Leasing to acquire two AN-124-100 Ruslan freighters.
The former Odin Seafood dock on the Prince Rupert waterfront is scheduled to be completely demolished by mid-December.
Ocean carriers Maersk Line, CMA CGM, Hapag-Lloyd, Evergreen Line, OOCL and Hamburg Sud issued general rate increases.
Spend Management Experts appoints senior marketing analyst, while Bibby Ship Management names deputy managing director for India.
The Transportation and Infrastructure Committee will mark up a long-term surface transportation bill this week and send it to the full House for consideration.
For the second year in a row officials from PortMiami and Port Everglades participated in the TPM Asia Conference in Asia, Oct. 13-15, as business partners rather than competitors. The two ports are 30 miles apart and vie for ocean cargo from Central and South America, the Caribbean, Asia and Europe. Everglades surpassed […]
The PortMiami authority is pushing on all doors to find ones that will open new container markets and attract more shippers. Besides new cargo from Asia, fruit producers in South America and domestic grain exporters, PortMiami officials also say they want to increase the volume of transshipment cargo in Miami and South Florida. […]
To many readers, American Shipper is like that classic piece of furniture found inside your office or home. The publication for many years has had a finish that set it apart from others and its sections have contained rich and useful content month after month, and year after year, for several generations of […]
On Second Thought with Julie Gibbs BPE Global just published our sixth annual Export Operations and Compliance Benchmarking Report, written in partnership with American Shipper. What we’ve been able to glean from the survey results is that there are several opportunities to be had with regards to exports and they are not all that […]
An explosion and fire on the containership MSC Flaminia in the middle of the Atlantic Ocean on July 14, 2012, resulted in the deaths of three crewmen and injuries to several others. In addition to extensive damage to the vessel and cargo, “an enormous number of entities and issues have been implicated by […]
Trade Trends with Taneli Ruda With President Juan Manuel Santos reaching a tentative peace agreement with Fuerzas Armadas Revolucionarias de Colombia (FARC), Latin America’s largest and most politically powerful insurgency group, the country is on the brink of the stability its leaders have been chasing for years. Santos and Timoleon Jimenez, FARC’s top commander, […]
Kevin Lynskey, the deputy director at PortMiami, learned a hard lesson about trying to be funny in the wrong setting and being too honest at the recent Intermodal Association of North America conference in Fort Lauderdale, Fla. The U.S. Army Corps of Engineers just finished dredging Miami’s harbor to 50 feet so big […]
After completing the long-awaited Trans-Pacific Partnership agreement, the Obama administration now faces its next challenge—promoting the trade pact to the Congress and voters, especially with a presidential election year looming on the horizon. In addition to the United States, the other TPP members—Australia, Brunei Darussalam, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, […]
The U.N. Climate Change Conference (COP 21) gets underway on Nov. 30 and it will be interesting to see if it comes forward with any recommendations for shipping. Last month, the International Transport Forum, a think tank affiliated with the Organization for Economic Cooperation and Development (OECD), called on COP 21 to agree […]
It’s been a long time coming, but it sounds like Cargolux is about to take its initial steps toward a full-blown Asian cargo strategy. Hopefully, the all-cargo carrier proceeds cautiously, bearing in mind lessons learned from previous enterprising European airlines. In an interview with Reuters, Cargolux Chief Executive Officer Dirk Reich said the […]
Overcapacity is certainly nothing new in the container-shipping industry. Ocean liners have long struggled to maintain the appropriate number of available container slots for sale in any given trade, i.e. supply, with respect to shipper utilization, which roughly represents demand. Now, with the ever-increasing size of containerships—both deployed and on order—oversupply has become […]
Even in tech-happy San Francisco the annual “Dreamforce” conference that the software company Salesforce puts on is a big to-do. This year more than 150,000 people were expected to attend the September event, with 10 million joining online. Hotel space was so tight that the cruise ship Celebrity Infinity (dubbed the “Dreamboat” during […]
I recently visited PortMiami for the dedication of its 50-foot harbor, which will allow larger vessels to reach the docks fully laden with containers. The port authority expects these types of vessels to start arriving from Asia via the Panama Canal, and its expanded set of locks, sometime next year. But with new on-dock […]
Over lunch with folks from a prominent third party logistics company at the Council of Supply Chain Management Professionals annual conference in San Diego in September, I had a robust discussion about what the term collaboration actually meant. Before you hit the snooze bar on this column because you can’t bear to read […]
