FMC to assess whether container lines are abusing market power
The Federal Maritime Commission is auditing container lines to evaluate potential abuse of leverage against exporters.
The Federal Maritime Commission is auditing container lines to evaluate potential abuse of leverage against exporters.
“With our sustained focus on supply chain digitization, infrastructure investments and strong business relationships, we have the opportunity to build on this historic milestone,” says Executive Director Gene Seroka.
Consolidation in the liner sector is already extreme. Newbuild orders will further concentrate market power in fewer hands.
From A.P. Møller – Maersk to ZIM, the world’s shipping lines reported huge profit jumps.
Get your cameras ready along the coasts of Georgia and South Carolina.
The Energy Observer is on a seven-year cruise to publicize the role alternative energy could play in the shipping industry.
Ocean container shipping company CMA CGM has a new cargo airline that’s flying to more places.
In the next two weeks, only two container ships are slated to berth at the new Leatherman Terminal. Forty are scheduled at the Port of Charleston’s neighboring Wando Welch Terminal.
Welcome aboard, freight customers. You’re now flying CMA CGM to the U.S. East Coast instead of taking a container ship.
“Strong winds” are blamed for causing the 20,000-TEU Ever Given to get stuck and block Suez Canal traffic in both directions.
“Today we are in the seventh month of a historic import surge driven by unprecedented demand by American consumers,” says Gene Seroka.
“American customers will be able to choose to transport their goods using LNG, a new technology that helps to preserve air quality by eliminating almost all atmospheric pollutants,” said CMA CGM CEO Rodolphe Saadé.
California will boost testing procedures to enforce distillate fuel regulations.
Container shipping line CMA CGM wants to be an airline too. Its new air cargo unit has identified Chicago as its first destination and is giving preferential space on its aircraft to subsidiary CEVA Logistics.
Ocean carriers as airlines? No one thought an online retailer would own a private airline until Amazon did it. The ocean carrier also owns a logistics company. You connect the dots.
“ZEBOX will assist innovative startups in developing new technologies in transportation, logistics, mobilities and industry 4.0,” says CMA CGM CEO Rodolphe Saadé.
Hackers relentlessly targeted trucking and logistics companies throughout 2020. These five cyberattacks are among the worst incidents.
Will your cargo ship arrive on time? Globally, the chances are now 50-50. In the Asia-U.S. container trade, it’s less than one in three.
Ocean carriers toed the line on capacity control in 2020. What does this new normal mean to shippers, yards and leasing companies?
E-documentation initiative establishes data and process standards for bill of lading preparation and issuance.