News

22.02.2019

Double-digit hikes in trans-Pacific contracts forecast

Early indications leading up to the TPM conference March 3 are that BCOs can expect a 20 percent increase in base service contract rates this year, […]
22.02.2019

Adani making inroads in Indian container market

Private port terminal operator the Adani Group handled 4.8 million TEU of the total 16.4 million TEU that moved in and out of India last year. […]
21.02.2019

Carrier earnings show scale of low-sulfur risk

Maersk Line posted a pre-tax profit of $238 million for 2018 compared with $25 million in 2017. Photo credit: Shutterstock.com. Although Maersk marked rising tariffs as […]
21.02.2019

Flexport’s $1 billion injection retriggers scale questions

San Francisco-based forwarder Flexport Freight forwarder Flexport on Thursday confirmed a long-rumored funding injection of $1 billion led by the venture capital (VC) arm of Japanese […]
21.02.2019

US shippers, truckers seek ‘equilibrium’ in slippery market

Key numbers in the Cass Freight indices may be down, but the outlook for the US economy and freight demand is still positive, according to Cass […]
21.02.2019

New truck driver pay model aimed at capacity retention

Daseke Truck driver pay needs to rise higher to attract new talent to trucking, but driver pay also needs to be more consistent from paycheck to […]
20.02.2019

DP World expands short-sea reach with P&O purchase

UK-based P&O Ferries operates 30,000 voyages each year, with connections at 11 ports in Britain, France, Northern Ireland, the Republic of Ireland, the Netherlands, and Belgium. […]
20.02.2019

DP World expands shortsea reach with P&O purchase

UK-based P&O Ferries operates 30,000 voyages each year, with connections at 11 ports in Britain, France, Northern Ireland, the Republic of Ireland, the Netherlands, and Belgium. […]
20.02.2019

Europe block exemption debate reveals deep shipper frustration

The current five-year extension of the European block exemption for liner consortia will expire in April 2020. Photo credit: Shutterstock.com. Shipper frustration over ocean carrier cost-cutting […]
20.02.2019

SAL mulls newbuildings amid early market rebound

Provided oil prices remain in the $60 per barrel range, SAL Heavy Lift expects to order new vessels some time in the next two years. Photo […]