News

06.09.2019

Trans-Pac spot decline bodes ill for peak volumes

The spot rate from Shanghai to the West Coast dropped 3 percent to $1,566 per FEU, while the East Coast rate was down 2.2 percent to […]
06.09.2019

CMA CGM losses deepen despite volume growth

The CMA CGM Group reported a $109 million loss in the second quarter of 2019 despite a 6.3 percent increase in container transport volumes. Photo credit: […]
06.09.2019

FMC to gauge detention/demurrage fairness on flow merits

The Federal Maritime Commission agreed to the recommendations stemming from a year-and-half effort led by Commissioner Rebecca Dye to address complaints from cargo owners and drayage […]
06.09.2019

Pivotal Q4 ahead for US truckload sector

It’s wise not to make any definitive conclusions on the direction of the US trucking market right now, with the best play to simply pay attention […]
06.09.2019

Rail deal boosts India’s BMCT volumes

India’s BMCT recorded its highest-ever monthly throughput last month, at 81,845 TEU. Photo credit: PSA India. Intermodal rail loads that had long been a source of […]
06.09.2019

CN, Evergreen extend Canada contract

CN will continue to provide rail service to Evergreen customers at the ports of Vancouver, Prince Rupert, and Halifax (pictured). Photo credit: Canadian National Railway. Canadian […]
06.09.2019

Crowd-sourcing solutions for container shipping?

Container lines and freight forwarders have redoubled their efforts to innovate in recent years as they respond to challenges from digital upstarts. Photo credit: Shutterstock.com. A […]
06.09.2019

Prince Rupert gets C$154 million in project funds

Prince Rupert last year handled a record 1 million laden and empty TEU, according to port statistics. Its current annual capacity is 1.35 million TEU. Photo […]
06.09.2019

Manzanillo terminal upgrades on tap for 2020

The project to expand the Contecon Terminal in the Port of Manzillo will increase the capacity from 1.2 million TEU to 1.6 million TEU. Photo credit: […]
06.09.2019

Carolinas, Virginia bracing for Dorian

The ports of Miami, Everglades, and Jacksonville, Florida, have reopened to vessel traffic, but Savannah, Charleston, and Wilmington remain closed. Photo credit: Shutterstock.com. Ports in Florida […]