[caption caption="Cuts to the oil and gas sector threaten the project cargo market even as rates stabilize. Credit: Shutterstock.com."][/caption]The Toepfer Multipurpose Index rose 0.2 percent in June, a small gain but one that ended a seven-month slide, possibly signaling an end to the COVID-19 rate slump. However, cutbacks in oil...
[caption caption="In 2019, Mark-It Express Logistics ranked 48th on the Crain’s Chicago Business’s list of the 50 fastest-growing companies in the Chicago area with $37.6 million in annual revenue and a five-year growth rate of 181.4 percent. Photo credit: Shutterstock.com."][/caption]One of the fastest-growing intermodal drayage companies in the Chicago area,...
[caption caption="Carriers in Europe say advance bookings do not suggest “right now” that cargo would need to be rolled in Asia in July. Photo credit: Shutterstock.com."][/caption]Forwarders are reporting tightening space on the Asia-Europe trade as blank sailings have left little room to accommodate rising import demand from Europe’s reopened economies.Carriers...
[caption caption="YRC will use a portion of the US loan to pay overdue Teamster health and benefit obligations. Photo credit: Ari Ashe."][/caption]YRC Worldwide will receive a $700 million COVID-19 relief loan from the US government, allowing it to avoid default on Teamster pension and benefits obligations that would have threatened...
The seventh episode of JOC Uncharted, available at 11 a.m. Eastern, features a one-on-one conversation with BBC Chartering CEO Ulrich Ulrichs, during which he discusses working with cargo owners as schedules are disrupted, handling quarantine restrictions, and finding ways to implement crew changes. Following that, C. Thomas Barnes, president of project44;...
[caption caption="Customers of MSC can obtain quotes and book their spot containers online on two of the major trade lanes. Photo credit: Shutterstock.com."][/caption]Mediterranean Shipping Co. on Wednesday unveiled its instant quoting and booking platform to freight buyers, joining the likes of CMA CGM, Evergreen Line, Hapag-Lloyd, and Maersk in allowing cargo owners...
[caption caption="A container vessel nears the Port of Montreal via the Saint Lawrence River. Photo credit: Shutterstock.com."][/caption]Montreal longshore workers will strike for 40 hours at two marine terminals starting Thursday afternoon, a move employers say came as a surprise and now forces them to “consider possible options” other than focusing...
[caption caption="The traffic mitigation fee effective Aug. 1 will be $33.47 per TEU and $66.94 per FEU on both day and night shifts in LA-LB. Photo credit: Shutterstock.com."][/caption]Terminal operators will increase the traffic mitigation fee (TMF) used to fund night and weekend gates at the Los Angeles-Long Beach port complex...
[caption caption="July 1 general rate increases of $250 to $800 per FEU will apply to most shipments in excess of importers’ minimum volume commitments. Photo credit: Shutterstock.com."][/caption]With signs of US imports from Asia recovering, trans-Pacific carriers on Wednesday will impose a highly unusual third general rate increase (GRI) in one...
[caption caption="Once the final eight cranes are installed, each of Norfolk International Terminals' 30 stacks will have two semi-automated gantry cranes. Photo credit: Virginia Port Authority."][/caption]Landside construction on a $375 million project to increase capacity nearly 60 percent in the Port of Virginia’s Norfolk International Terminals (NIT) will be complete...
[caption caption="MCT and CT Transportation will join CFI and Transport America in TFI's truckload group. Photo credit: Ari Ashe."][/caption]Canadian transportation group TFI International is expanding its US service map, bringing key regional lanes in the US Midwest and Southeast into its network as it acquires two Comcar Industries subsidiaries.Montreal-based TFI...
[caption caption="DHL Express (India) has temporarily suspended India-bound cargo bookings from China, Hong Kong, and Macao in an effort to limit potential port congestion from additional customs inspections. Photo credit: Hari Mahidhar/Shutterstock.com."][/caption]Freight shipments from China are being delayed at Indian ports following heightened customs checks ostensibly in response to the...
[caption caption="The inland port provides cargo owners an alternative to the 245-mile truck haul, as the region attracts more distribution centers. Photo credit: Shutterstock.com."][/caption]Daily intermodal rail service between a new inland port in upstate New York and the Port of New York and New Jersey will begin later this month,...
[caption caption="Volumes on the trans-Atlantic trade are weakening in both directions as COVID-19 heavily impacts the economies in Europe and North America. Photo credit: Shutterstock.com."][/caption]Carriers have announced another 9 blank sailings on the trans-Atlantic and will extend the capacity withdrawals deeper into the third quarter ahead of a worsening economic...
[caption caption="“Almost every conversation we have with forwarders is circling back to them needing to manage one or more rate management tools,” Chain.io CEO Brian Glick told JOC.com. “There is an explosion in our customers needing this capability.” Photo credit: Shutterstock.com."][/caption]Logistics software integration specialist Chain.io in recent months has aided...
[caption caption="Reducing port stay times cuts overall supply chain costs and carbon output by allowing vessels to sail more slowly while still maintaining schedule reliability. Photo credit: Shutterstock.com."][/caption]The benefits of slowing ships down and thereby consuming less fuel en route from one port to the next while remaining on schedule...
[caption caption="Retailers cited inventory visibility as a problem area that automation and modeling could help resolve. Photo credit: Shutterstock.com."][/caption]Retailers with above-average sales growth have a clearer sense of their supply chain inadequacies and the way in which automation software might resolve those issues than their low-performing peers, according to a...
[caption caption="Shaw Industries, a Georgia-based flooring company, is one of four tenants in the newly complete phase 1 of the Georgia International Trade Center. Photo credit: Stonemont Financial Corp."][/caption]One warehousing project near the Port of Savannah reached a key milestone this week and another nearby began construction, underscoring a need...
[caption caption="HMM recently switched its western US rail business to Union Pacific Railroad to can gain efficiencies of sharing the same rail operator as fellow THE Alliance members Hapag-Lloyd and Ocean Network Express. Photo credit: Shutterstock.com."][/caption]Five years after consulting firm McKinsey & Co. highlighted the potential for ocean carrier alliances...
[caption caption="A G2 Ocean vessel discharging steel pipe at Port Houston. Photo credit: Port Houston."][/caption]Even before the coronavirus disease 2019 (COVID-19) upended global shipping demand, the project cargo market was fraught with financial uncertainty. Due diligence has become even more important in light of the financial havoc and rapid adaptations...
The coronavirus response will mark 2020 out as a year when the global economy went into reverse. This will have... Related StoriesGlobalisation to be reshaped by coronavirusGhost of overcapacity haunts container shippingMany hands make light work in the push to digitalisation
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Sims Metal Management has been able to increase its flexibility at the New York Harbour by deploying its Liebherr LHM 600 mobile harbour crane (MHC) on a barge. This has enabled Sims, one of the world’s leading metal recyclers, to move the floating MHC between its different terminals. The company operates two different terminals in […]
MSC has introduced an online instant quote function to its e-business platform myMSC, aiming to help its customers quickly and easily get shipping rates for container bookings. At present, the majority of the carrier’s bookings are carried out offline, meaning the process of completing a booking can be time consuming. In comparison, the instant quote […]
Transnet has introduced a number of solutions at the Port of Cape Town designed to deal with operational backlogs caused by the COVID-19 pandemic. To alleviate pressure at the terminals, 20 employees from the Durban Container Terminal (DCT) have volunteered to be deployed to the container and multi-purpose terminals at the Port of Cape Town. […]
Wallace Investments has gone live with Tideworks’ graphical planning solution, the Spinnaker Planning Management System, at the Port of Auckland. Although travel restrictions in response to the COVID-19 pandemic prohibited Tideworks’ team from traveling to Wallace’s terminal for initial assessments, testing and deployment, they collaborated with Wallace and stakeholders at the port to deploy the […]
Termont Montréal has opted for Buiscar Skeletal trailers for its new Viau Terminal at the Port of Montreal, Canada in order to improve efficiency as capacity expands. The terminal operator currently handles over 500,000 teu at its Maisonnueve Terminal and, once the second phase of Viau Terminal is finished, total handling capacity will exceed 1m […]
The Port of Oakland has curtailed its fiscal year 2021 spending plans having approved a budget for next year down 15.84% from 2020 due to coronavirus-related business declines. The US$432.5m set aside in operating and capital expenditures and debt service payments next year, reduced from last year’s US$513.6m, reflects anticipated declines in Oakland’s aviation and […]
TÜV Nord has reconfirmed its rating of HHLA Container Terminal Altenwerder (CTA), meaning it remains the only certified climate-neutral terminal in the world. Hamburger Hafen und Logistik (HHLA) has set a target of halving its absolute carbon emissions by 2030 compared with 2018 and achieving climate neutrality in the group by 2040. Angela Titzrath, chairwoman […]
The Port of Melbourne (PoM) has welcomed its largest container ship ever, the 10,662 teu CMA CGM Ural, onto its Webb Dock at the Victoria International Container Terminal (VICT). Compared to the 4,500 teu carried by the average container ship that currently calls at PoM, this is a significant increase in load carrying capacity. Brendan […]
Following the MSC ZOE accident in 2019, the Dutch Safety Board (OVV) has called for better risk management of container transport on the shopping routes on the North Sea north of the Wadden area. Approximately 270 containers, carrying cargo including chemicals, fell from the 19,000 teu container ship in January 2019 during a storm. In […]
A group of shipping industry players have launched the Maersk Mc-Kinney Møller Centre for Zero Carbon Shipping, aiming to develop new fuel types and technologies to decarbonise maritime transport. The founding company partners behind this initiative are ABS, A.P. Møller – Mærsk, Cargill, MAN Energy Solutions, Mitsubishi Heavy Industries, NYK Lines and Siemens Energy. While […]
Liebherr has developed a Remote Service Tool for crawler cranes for easier and faster troubleshooting with, as part of an extended test phase, free access for all customers until the end of 2020. The app improves assistance through visual information as it has integrated audio and video calls, a chat function, screen sharing, image and […]
Seafarers union Nautilus International has called for Panama-flagged ships to be targeted for inspection by Port State Control and detained for breaching the Maritime Labour Convention when entering their country in response to its ‘inhumane’ extension of seafarer contracts. In June, the Panama Ship Registry issued a notice stating that seafarers’ contracts can be extended […]
A contract has been signed to dredge the south berth of Adriatic Gate Container Terminal at Croatia’s Port of Rijeka, providing an equal sea depth of 14.9 m across the 428 m quay. Nuova, the contractor, will carry out the HRK98bn (US$15m) project, in which 100 m along the coastal southern quay wall will be […]
New South Wales (NSW) Ports’ CEO has reflected on the impact COVID-19 has had on the operators’ facilities and how it has led to a greater understanding of the critical nature of ports, freight and supply chains. The operators’ facilities at Port Botany and Port Kembla have remained open throughout the disruption, operating 24/7 to […]
Inter European specialist, Containerships, has opened a direct link between Northern Spain and Portugal and the North West of England. The additional service has been adapted to Spain, UK and Ireland market needs and will operate a weekly loop bringing essential supplies closer to the North West market. The aim is to improve transit times […]
Bremen’s senate has resolved to create comprehensive additional shore power supply facilities at the ports of Bremen, including the provision of eight stationary shore power supply units for maritime shipping. The senate has also planned to implement two additional connections for inland shipping by the year 2023, with total investment for all new connections amounting […]
Fire Shield Systems has helped DP World London Gateway to safeguard its vehicle and machinery operations through its Dafo fire suppression system. As the UK’s third largest container port, almost 1m containers pass through London Gateway each year and, as a result, the port’s schedule is tightly packed, with little room for any period of […]
Chinese e-commerce and technology group Alibaba has signed up to the International Port Community Systems Association’s (IPCSA) blockchain Bill of Lading initiative and embarked on a new blockchain project in the organisations’ joint Logistics Visibility Task Force. The joint work is aiming at standardisation and proof-of-concept (POC) of blockchain application in logistics and e-commerce. IPCSA […]
A consortium of 36 partners across the supply chain has launched a project to future-proof logistics chains, under the coordination of the Port of Antwerp. The organisations are looking to enable the seamless transport of goods, focusing especially on the technological and operational opportunities that the Physical Internet, synchro-modal operations and other disruptive technologies such […]
Haifa Port has completed its N4 terminal operating system (TOS) migration project with remote support from Navis. The port, influenced by future growth expectations and a demand for new terminals, initiated a project to merge facilities that historically operated as independent operations into one integrated terminal with common equipment, processes and IT management. Due to […]
China-Europe freight trains saw their busiest month to date, with 976 trains launched in April, a 47% year-on-year increase, increasing in popularity as the pandemic has stilted air cargo and reduced sea-freight options. Since the first such train was launched on 19 March 2011, Chengdu, Zhengzhou, Wuhan, Suzhou and Guangzhou have been added to the […]
Valencia Port Authority (PAV) has announced the construction of a new container terminal in the northern expansion by 2030, which is expected to increase the container volume capacity and double the economic activity of the port, according to Aurelio Martinez, PAV president. The president of the PAV said the new TIL terminal will be “the […]
Fuel demand around the world is recovering as lockdowns ease, according to MABUX with the World Bunker Index showing an uptrend in June for all major types of bunker fuel. Prices have risen fairly evenly, demonstrating a gradual recovery in demand on the global fuel market. The 380 HSFO index rose from US$254/tonne to US$288/tonne, […]
The government of New Zealand has announced the financial support to bring forward the development of a new 120,000m2 inland port south of Napier, as part of post-virus pandemic upgrade. Through its infrastructure funding initiatives, the New Zealand government has approved in principle approximately US$13 million, according to a statement, for the development of Napier […]
It is seven years since the first Triple-E vessel was delivered by Daewoo Shipbuilding. The Maersk McKinney Møller was handed over by the South Korean yard to the Danish carrier in 2013 amongst much fanfare. One of the, perhaps, unforeseen consequences of the megaship era has been the increase in safety issues that have been […]
Nearly half the crew manning the 12,400TEU MSC Flavia have tested positive for Covid-19 in Ningbo, China. The Centre for Health Protection (CHP) in Hong Kong announced on 30 June that 11 of the ship’s 24 crew members were found to have the contagious and potentially fatal respiratory disease after the vessel neared Ningbo on […]
Hapag-Lloyd and CMA CGM have unveiled fresh prices and surcharges across the globe, effective from July and August. The French shipping group has announced a freight of all kinds (FAK) rate increase from Asia to the Red Sea for dry, out of gauge (OOG), breakbulk and reefer cargo of US$300 and US$200, effective 1 July […]
The French shipping group CMA CGM said it sees potential in the African market and economy and it will develop its presence on the continent and invest in its logistics in the region. The carrier’s strategy is the establishment of positions on trade corridors between the main port hubs and inland areas, while in parallel […]
Maersk has decided to implement new blank sailings due to market demand reductions in Far East Asia, Indian Subcontinent and Pakistan caused by the Covid-19 pandemic and the challenges in the supply chain. Impacted Trade: Far East Asia to/from Indian Subcontinent and Pakistan Service Vessel Voyage (Westbound) First Port / ETD Voyage (Eastbound) First Port […]
Last week the European Shippers Council (ESC)’s Jordi Espin complained that shippers were paying more for a worse service, this week Sea-Intelligence has shown that he was correct in his view with more services on average arriving late and those that were later are considerably worse than last year. More ships are arriving late compared […]
This year’s supply chain upheaval has proved a “silver lining” for the conventional reefer sector. In January, Netherlands-based analyst Dynamar predicted a “stormy” year for conventional reefer shipping, with the expected surge in fuel costs from IMO 2020 likely to accelerate scrapping and the switch to refrigerated containers. However, just weeks later, the coronavirus outbreak […]
The Philippines today opened the first green lane to allow seafarers to travel unhindered across its borders, as measures to relieve the hundreds of thousands of trapped vessel crew members were stepped up. The country is the largest supplier of seafarers to the shipping industry and the programme is designed to “ensure that seafarers are […]
It takes only a cursory glance at LinkedIn to see how many people have lost their jobs, especially in aviation. But there is hope, according to recruitment experts. Logistics is an expanding sector, and there has always been demand for high-quality logistics professionals, Kim Winter, global chief executive of Logistics Executive Group, told Loadstar Premium last […]
MSC is the quickest carrier to take advantage of the depressed charter market, agreeing to snap up eleven 8,000-8,800 teu utility vessels on long-term charters at discounted rates. The charters, to cover a demand uptick, have been agreed at daily hire rates of less than half the $29,000 fixtures made prior to the pandemic. “MSC […]
P&O Ferrymasters and Swedish freight forwarder Scan Global Logistics are to jointly operate daily haulage services between the Benelux and Scandinavia regions. The service will cover full truckload, less-than-truckload and groupage consignments. The partners said it would be operated as a “combined cargo model, increasing the operational frequency and efficiency of the route, lowering costs […]
The Ocean Alliance has overtaken the 2M alliance, adding the market share lead on the Asia-Europe tradelane to its already dominant position on the transpacific. The vessel-sharing alliance of CMA CGM, Cosco (including OOCL) and Evergreen did not follow rivals 2M and THE alliances in temporarily suspending an Asia-North Europe loop through to October, and […]
South Vietnam’s Cai Mep-Thi Vai container port recently saw the maiden call of 2M’s TP17 service – another milestone in the long-awaited comeback of the much maligned deepwater complex. The 12,000 teu Seroja Lima was welcomed by the APM Terminals-operated Cai Mep International Terminal (CMIT), the second-largest of the port’s four competing facilities and boasting […]
MSC expanded its online services today, launching its Instant Quote function. The new tool allows shippers and forwarders to obtain shipping rates for container bookings 24/7. The company added it represented an upgrade to the myMSC platform and that the coronavirus pandemic had been a catalyst to its development. “The Covid-19 pandemic accelerated the trend […]
Thanks to Splash247 for the best headline of the week so far. The Loadstar and many of our peers have written plenty of stories about cycles of international shipping, such as nascent, and not entirely unsuccessful, efforts the bring about the return of windpower, but no one ever postulated ditching the oil for coal, possibly […]
Guess what? Latest talk in my circles is that AP Møller Mærsk Group (APMM) is strengthening its senior finance team within its Ocean and Logistics division in Central/Med Europe thanks to the appointment of a manager whose curriculum vitae breaths 3PL and freight solutions. This came as rumours started to build about the starting date of […]
U.S. employers added a substantial 4.8 million jobs in June, and the unemployment rate fell to 11.1%, as the job market improved for a second straight month, yet still remained far short of regaining the colossal losses it suffered this spring.
WASHINGTON — The Democratic-controlled House approved a $1.5 trillion plan July 1 to rebuild the nation’s crumbling infrastructure, pouring hundreds of billions of dollars into projects to fix roads and bridges, while also delaying implementation of hours-of-service revisions and increasing liability insurance minimums.
The cost of moving commodities like coal and iron ore across the world’s oceans is surging as China lifts cargo purchases. Whether the rally will withstand the economic aftershocks of the coronavirus is a thornier question.
A group of safety organizations and the International Brotherhood of Teamsters have filed a petition for the Federal Motor Carrier Safety Administration to reconsider the final rule on changes to hours-of-service regulations soon to take effect.
A government report says Boeing did not give regulators documents about changes it made in a key system blamed in two deadly crashes of its 737 Max jet, and that officials responsible for approving the plane did not know how powerfully the system could push the plane’s nose down.
Self-driving truck developer TuSimple has partnered with four major transportation companies to launch a logistics network for its highly automated trucks, marking a new phase in its push to bring its technology to market in the coming years.