Let’s face it, shippers and non-vessel-operating common carriers are wed to their liner carriers, for better or worse. The economics of the container shipping industry are such the carriers that are here today will be the ones there tomorrow for shippers and NVOs. Even during the depths of the recession several years ago, […]
In a new analysis, Drewry Supply Chain Advisors has found that “carriers continue to be spooked by the specter of imminent big ship deliveries and so are fighting to hold onto market share. “This market behavior will put further pressure on freight rates through 2014.” It added that the issue really comes […]
This case arose out of a disagreement between Radiant Global Logistics’ Airgroup and fashion apparel shipper Donna Karan over a stolen shipment. The parties did not dispute any fundamental facts about the shipment or theft. At issue were two questions — whether Airgroup’s liability for the theft was limited by the Carmack Amendment […]
Express carrier’s “turn data into insight” initiative is topped by ORION rollout. Anyone who has received a parcel delivery from UPS knows its drivers carry small handheld computers that the company calls “delivery information acquisition devices,” or DIADs. They are just the most visible evidence of a 20-year project at the company to […]
If the liner industry consolidates will that benefit or hurt shippers? Shippers and liner carriers enter 2014 amid potentially great change in container shipping. Last June, Maersk Line, Mediterranean Shipping Co., and CMA CGM announced plans to join forces on the major box trades in the second quarter of 2014, creating a vessel-sharing agreement […]
When Maersk Line, Mediterranean Shipping Co., and CMA CGM announced in June their intention to form the P3 Network, many analysts figured it was just a matter of time until other carriers responded to the challenge. In early December the six containership companies that belong to the G6 Alliance said they also want […]
When I read that two former executives at the state run-Vietnam National Shipping Lines (Vinalines) were sentenced to death Monday for alleged embezzlement, I was troubled.
Members of the U.S. Federal Maritime Commission met with regulators from China and the European Commission on Tuesday as all three review plans by container shipping companies to form new or expanded mega-alliances. While most of the discussions were held privately by the regulators, FMC Chairman Mario Cordero and members of the delegations […]
A job dispute at Portland’s container terminal has been resolved. Work involving plugging in and unplugging refrigerated containers will be assigned to workers represented by the International Longshore and Warehouse Union Locals 8 and 40.
Gulftainer said this week that it seeks to become one of the six largest container terminal operators in the world, establishing 35 terminals handling 18 million TEU by 2020. The company will handle 6 million TEU this year.
According to reports, despite a loss of $67 million in the first three quarters of this year, Evergreen “might post a profit for the whole of this year thanks to gains from disposing of a number of shipping containers from its subsidiary.”
The Federal Maritime Commission will hold its Global Regulatory Summit on shipping Dec. 17. The agency confirmed regulators from the People’s Republic of China (PRC) and the European Union will attend and said commissioners will discuss global regulatory issues including carrier alliances, vessel-sharing agreements, and the impact of operational agreements on international trade. […]
Labor unions representing port workers in New York and New Jersey are seeking to stop the Waterfront Commission of New York Harbor from amending its rules for repair and maintenance employees.
Peter Keller, the president of Sea Star Line, will become executive vice president of TOTE, Sea Star’s parent company. He will oversee TOTE Shipholdings and the TOTE Maritime Division, which includes Sea Star and Totem Ocean Trailer Express.
Hyundai Merchant Marine has provided details on the port rotations for the services it will offer next year in the Asia to North America West Coast and on the transatlantic, including those that will be added after the G6 expands into those two trade lanes. A spreadsheet detailing the services — including ship […]
The U.S. Commerce Department’s Bureau of Industry and Security has added 36 companies and individuals to the Entity List for “engaging in actions contrary to the national security or foreign policy interests” of the United States.
The U.S. International Trade Commission said imports of silica bricks and shapes from China do not hurt domestic manufacturing, even though the Commerce Department determined earlier that they are sold in the United States at less than fair value. ITC initiated its antidumping investigation of the brick imports, which are used for refractory […]
The Chinese city of Xian, which is in the Shaanxi province, plans to build an inland port that will focus on international logistics, according to a report by China’s state news service, Xinhua. The port will “link the overland international freight route of silk road economic belt,” reports Xinhua. The port will “develop […]
Siim Kallas, the vice president of the European Commission responsible for transport, told a Danish publication that the proposed P3 Alliance between Maersk Line, MSC and CGM CGA is “a very good idea.”
The South Carolina State Ports Authority’s James Newsome said he hoped the P3 would be approved in some form, but said ports that are in close proximity may file agreements with the FMC to create “a reasonable conterveiling power.”
