News

23.06.2020

COVID-19, trade war take toll on trans-Pacific volumes through April

Carriers’ rankings and market shares in the trans-Pacific trade in recent years have been relatively stable. Photo Caption: Shutterstock.com. Total container volume carried by the top […]
22.06.2020

Food shippers maximize opportunities in US, Asia

The avocado harvest in Peru started in late April, but during the first week of June, a shortage of available reefer containers forced Mission Produce to […]
22.06.2020

Houston upgrades boosted by $79 million federal grant

With recent upgrades, Houston’s terminal capacity now sits close to 3 million TEU, up from 1.2 million TEU five years ago. Photo credit: Port of Houston […]
22.06.2020

Container shipping on track for $9 billion annual profit: analyst

The newfound ability to rapidly match capacity with falling demand has allowed carriers to both increase and sustain rates at higher levels than last year. Photo […]
22.06.2020

Trade imbalance on ECSA-Asia creates blank sailing headache for carriers

Maersk’s head of sales for East Coast South America said the carrier is blanking sailings “to avoid rapid rate deterioration as seen in the past.” Photo […]
19.06.2020

Freight payment vendor hit by system outage

Payment vendors provide carrier portals that can be points of system vulnerability due the range of parties given access to those platforms. Photo credit: Shutterstock.com. Widely […]
19.06.2020

US resin export outlook improves for 2020 as Houston gains share

Port Houston’s proximity to the largest US resin makers means it will keep its place as the leading export gateway, even as other ports vie for […]
19.06.2020

HMM changes western US rail partner to gain alliance efficiencies

HMM is ending a 30-year plus relationship with BNSF Railway in August to become a Union Pacific Railroad customer in order to unite with other THE […]
19.06.2020

COVID-19 sparks fresh investment in Asia warehouse capacity

More than $4 billion has been poured into Asia-based logistics development funds in the last few months. Photo credit: Shutterstock.com. Private equity and institutional investors are […]
19.06.2020

Blank sailings causing problems for Southern California truckers

Truckers say empty equipment returns and repositioning of chassis are the biggest issues they face in Southern California. Photo caption: Shutterstock.com Truckers in Los Angeles-Long Beach […]