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New and updates

New and updates

Tariffs push carriers to expand services from Southeast Asia

Tue, 25 Jun 2019

Tariffs push carriers to expand services from Southeast Asia

[caption caption="Carriers have reduced transit times by one to two days from Southeast Asia to North America, and have increased the number of origin port calls in Southeast Asia to 38 from 33 last year. Photo credit: Shutterstock.com."][/caption]Trans-Pacific carriers this year have added four weekly services from Southeast Asia to...

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Air cargo volume, rates in tailspin

Tue, 25 Jun 2019

Air cargo volume, rates in tailspin

[caption caption="Slack demand and the ongoing US-China trade war is behind an 11.5 percent drop in spot market freight rates in the past six weeks from China/Hong Kong to the US. Photo credit: Shutterstock"][/caption]The only positive in an increasingly gloomy air cargo outlook this year is that the price of...

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Survey favors Halifax expansion over new construction

Tue, 25 Jun 2019

Survey favors Halifax expansion over new construction

[caption caption="Port of Halifax officials fear that if the port does not increase its ability to handle big vessels soon that ocean carriers could opt to stop at other ports instead. A survey of the area population found more support for expanding an existing facility over building a new one....

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Maersk revives no-show fees for bookings

Tue, 25 Jun 2019

Maersk revives no-show fees for bookings

[caption][/caption] Maersk on Tuesday said it will attempt to revive a reciprocal penalty to remedy the thorny issue of shippers no-showing their container bookings and carriers overbooking and rolling cargo.Its new product, Maersk Spot, will see penalties assessed to shippers for failing to produce containers associated with the slots they book,...

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Tariff ‘whipsaw’ rattles US LTL freight networks

Mon, 24 Jun 2019

Tariff ‘whipsaw’ rattles US LTL freight networks

[caption caption="Higher inventories are forcing US trucking companies to reexamine distribution networks. Photo credit: Shutterstock.com."][/caption]COLORADO SPRINGS, Colo. — The impact of higher US tariffs is being felt at US truck terminals far from seaports, as a buildup in inventories in advance of higher tariffs on Chinese goods stresses the resources...

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ILWU Canada approves contract; employer vote remains

Mon, 24 Jun 2019

ILWU Canada approves contract; employer vote remains

[caption caption="ILWU Canada membership voted 77.18 percent in favor of the new contract, which now must be ratified by the British Columbia Maritime Employers Association (BCMEA). Photo credit: Shutterstock.com."][/caption]The International Longshore and Warehouse Union Canada (ILWU Canada) membership at the weekend voted overwhelmingly to ratify a new waterfront contract, which...

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Cosco raises concerns over low-sulfur supply

Mon, 24 Jun 2019

Cosco raises concerns over low-sulfur supply

[caption][/caption] Meeting demand for fuel compliant with the International Maritime Organization’s (IMO's) sulfur fuel cap that will go into effect Jan. 1, 2020 continues to keep the industry on edge.According to Xu Lirong, chairman of China Cosco Shipping Corporation, only one-third of the low-sulfur fuel demand will be met by fuel...

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Auto-strads offer cheaper automation for terminals

Mon, 24 Jun 2019

Auto-strads offer cheaper automation for terminals

[caption caption="APM Terminals in Los Angeles is seeking to reduce its labor costs with unmanned auto-strads. Photo credit: Shutterstock.com."][/caption]An auto-strad operation, such as the one APM Terminals intends to develop in Los Angeles, requires one-third of the upfront cost of a fully automated facility, but delivers less than half of...

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Reefer shippers willing to pay for improved service

Mon, 24 Jun 2019

Reefer shippers willing to pay for improved service

[caption caption="Cold storage capacity is tight at nearly every major container port across the US, and the high cost of development is a primary reason. Photo credit: Shutterstock.com."][/caption]The one constant in the global refrigerated (reefer) cargo market is a unified call from beneficial cargo owners (BCOs) for improved, consistent service...

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Spot rates, volume declines leave trans-Pac carriers one option

Fri, 21 Jun 2019

Spot rates, volume declines leave trans-Pac carriers one option

[caption caption="Beneficial cargo owners and carriers anticipate imports from Asia this year will be down sharply from the 15.5 percent increase in the fourth quarter of 2018; carriers appear determined to prop up spot rates through strict capacity management. Photo credit: Shutterstock.com."][/caption]With trans-Pacific eastbound spot rates falling for a third...

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