Ocean Freight

By Peter Moore · January 30, 2017
The ocean cargo industry continues to be in turmoil, with some spot rates inching up countered by still more capacity tempering rate hikes in many key lanes.

By Patrick Burnson · January 24, 2017
The announcement of the Alibaba and Maersk partnership made late last year comes as no surprise to anyone watching the booming logistics tech industry.

By Patrick Burnson · January 17, 2017
In a speech given to the National Retail Federation’s
International Trade Advisory Committee and Strategic Supply Chain Council in New York City
 this week, the U.S. Federal Maritime Commission gave a brief overview of the current state of the containerized ocean cargo industry.

By Jeff Berman · January 10, 2017
An atypical late in the year holiday season bump was evident, based on data issued this week in the most recent edition of the Port Tracker report issued by the National Retail Federation (NRF) and maritime consultancy Hackett Associates.

By Patrick Burnson · January 9, 2017
Port executives in the U.S. are calling upon the new presidential administration to make good on campaign promises to invest in infrastructure. Meanwhile, domestic ocean cargo gateways are aiming to digitize their supply chain operations to accommodate larger vessels and the demands

By Patrick Burnson · January 9, 2017
Trade and transport analysts see a turnaround in last year’s negative market outlook, but as global GDP continues to gradually strengthen, carriers in all modes will be challenged to manage capacity while maintaining service levels. Furthermore, sudden shifts in trade policies and agreements may also have an impact on rates.

By LM Staff · January 6, 2017
Global container shipping line Maersk and China-based e-commerce services provider Alibaba have partnered up on an endeavor which will enable ocean shippers to book space on Maersk vessels through Alibaba’s booking service, called OneTouch, according to a Reuters report.

By Jeff Berman · December 15, 2016
Total November POLA volume at 877,564 TEU (Twenty-Foot Equivalent Units) posted a new all-time monthly record for the port, topping October’s 814,574 TEU, with November up 23.6 percent on an annual basis. POLB November volumes fell 13.8 percent annually to 534,308 TEU, with port officials citing shifting alliance routes and the Hanjin bankruptcy still impacting volumes.

By Patrick Burnson · December 15, 2016
With THE Alliance Agreement finally approved by U.S. Federal Maritime Commission, FMC Commissioner William P. Doyle explains why he voted to take no further action and allow THE Alliance Agreement to take effect on December 19th.

By Jeff Berman · December 9, 2016
November volume was estimated at 1.53 million TEU for a 3.6 percent annual increase, with December pegged at 1.48 million TEU for a 3.2 percent increase. And for all of 2016, the report is calling for volume to be up 1.6 percent annually at 18.6 million TEU compared to 2015’s 18.2 million TEU, which was up 5.4 percent over 2014. The first half of 2016 saw a 1.6 percent annual increase at 9 million TEU. The 1.6 percent estimate is lower than last month’s 2.2 percent prediction.

By Jeff Berman · December 1, 2016
Denmark-based Maersk Line, the world’s largest container shipping company, said today it plans to acquire to acquire Germany-based Hamburg Süd, the seventh largest container shipping line, from the Oetker Group.

By Patrick Burnson · November 29, 2016
Moving its applications from its on-premises data centers to the AWS Cloud has helped Matson achieve faster performance, increased reliability and security, and IT infrastructure cost savings.

By LM Staff · November 16, 2016
洛杉矶港口货运量的增加nearly 16 percent in October compared to the same period last year, marking the busiest month ever at a Western Hemisphere container port, according to data collected by the American Association of Port Authorities.

By Patrick Burnson · November 4, 2016
Logistics managers trying to make sense of the recent disruptions in the ocean cargo marketplace may expect more change to come, say industry analysts.

By Patrick Burnson · October 31, 2016
K Line, Mitsui O.S.K. Lines Ltd., and Nippon Yusen Kabushiki Kaisha have agreed for form a joint venture company