News

22.03.2022

FMC probing major liners, ‘pop-up’ carriers on US export service

The FMC alleges that small, independent ocean carriers are neglecting US exporters in favor of returning empty containers to China. Photo credit: Shutterstock.com. The US Federal […]
22.03.2022

US shippers bracing for fuel cost hikes amid oil market volatility

Average low-sulfur marine fuel prices had already risen to $726/mt prior to the Ukraine invasion, well above the 2021 high of $617/mt. Photo credit: Shutterstock.com. With […]
22.03.2022

Logistics tech vet secures funding for trade finance startup

Fishtail CEO Marc Held has started and sold two visibility technology companies in the logistics industry over the past six years. Photo credit: Shutterstock.com. A trade […]
22.03.2022

Controversial ballpark project at Port of Oakland suffers setback

A conservation and development commission will vote in early June whether to approve development of a ballpark at the Port of Oakland. Photo credit: Shutterstock.com. A […]
21.03.2022

Maersk to omit calls at Shenzhen terminals, despite lifting of lockdown

A carrier executive told JOC.com that vessel waiting times at Shenzhen (above) had increased over the past week. Photo credit: Shutterstock.com. Maersk will skip calls at […]
21.03.2022

Seattle readies ‘pop-up’ export yard for ag shippers

Michael Angell, Associate Editor | Mar 21, 2022 3:42PM EDT Ag shippers have faced mounting costs for ocean freight and trucking due to the strong import […]
21.03.2022

Recovering EPC forecast complicated by Russia’s invasion of Ukraine

EPC losses have occurred amid an extremely competitive market following the oil market crash of 2014. Photo credit: BBC Chartering. The engineering, procurement, and construction (EPC) […]
21.03.2022

Small, mid-sized importers feel Asia-US contract squeeze

The rate differential between the highest-paying and lowest-paying importers in the trans-Pacific can be as much as $4,000. Photo credit: Shutterstock.com. Small and mid-sized US retailers […]
21.03.2022

Wan Hai expands India-China network amid strong intra-Asia trade volumes

With the new string, Wan Hai now has nine weekly services under its Asia-Middle East-India subcontinent network. Photo credit: Shutterstock.com. India is becoming an increasingly fertile […]
21.03.2022

Air cargo vets get funding for freight consolidation startup

Aircon was founded by a trio of forwarding veterans, including CEO Chris Condon, who led air forwarding activities at Expeditors’ Dallas branch. Photo credit: Shutterstock.com. A […]