News

22.12.2021

Detention and demurrage reform gains pace in Congress

US port congestion has only increased storage fees and often prevented shippers from picking up cargo or returning equipment in a timely manner. Photo Credit: Shutterstock.com […]
22.12.2021

MPV extra-loader demand expected to last into 2022

Forwarder Geodis expects to continue using MPVs as container-carrying extra-loaders in 2022. Photo credit: Geodis. Anxious cargo owners are locking in long-term multipurpose/heavy-lift (MPV/HL) tonnage despite […]
21.12.2021

New container futures aim to take sting from freight rate surges

The new futures contracts aim to lessen the severe volatility that shippers and importers have faced over the last 18 months. Photo credit: Shutterstock.com. Six new […]
21.12.2021

Asia–Europe carriers adding capacity despite structural blanks

Ongoing bottlenecks across ports and inland logistics chains at both ends of the Asia-North Europe trade lane mean many of the canceled sailings are unplanned. Photo […]
21.12.2021

MPV newbuildings won’t dent coming capacity shortage

Chipolbrok’s 30,000-dwt MPV Adam Asnyk approaching the Port of Gdynia, Poland, with a cargo of wind turbines. Credit: Chipolbrok Multipurpose/heavy-lift (MPV/HL) newbuildings ordered long before today’s […]
21.12.2021

MSC offers $6 billion for Bolloré’s African terminal assets

Michael Angell, Associate Editor | Dec 20, 2021 5:57PM EST Bolloré Logistics Africa has concessions to operate 16 ports across the continent. Photo credit: Shutterstock.com. Mediterranean […]
21.12.2021

LA-LB say more rail shipments needed to boost cargo velocity

Los Angeles and Long Beach once again delayed imposition of a $100 fee on long-dwelling containers, saying the threat of the fee is helping to increase […]
21.12.2021

LA-LB ports say more rail shipments needed to boost cargo velocity

Los Angeles and Long Beach once again delayed imposition of a $100 fee on long-dwelling containers, saying the threat of the fee is helping to increase […]
21.12.2021

LA-LB ports say more rail shipments needed to boost cargo velocity

Los Angeles and Long Beach once again delayed imposition of a $100 fee on long-dwelling containers, saying the threat of the fee is helping to increase […]
21.12.2021

MSC switches up East Coast port calls amid vessel congestion

MSC said the changes to its America service were necessary due to vessel congestion along the US East Coast. Photo credit: Shutterstock.com. Mediterranean Shipping Co. (MSC) […]