Ocean shippers may have to come to terms with carrier “efficiency myths”: Part II
March 7, 2013
It should come as little surprise, that transit time data is not being used effectively by shippers for inventory planning.
Transpacific ocean cargo rates remain stable…for now
January 21, 2013
The Drewry Hong Kong-Los Angeles container rate benchmark, published in the latest Container Freight Rate Insight report, jumped 14% to $2,524 per forty-foot equivalent unit (FEU) this week, as the January peak season surcharge (PSS) took effect.
Smaller ocean cargo vessels taken out of circulation
November 21, 2012
The 1,000-2,000 twenty-foot equivalent units (TEUs) containership segment has suffered severely during the current demand downturn with a substantial idling of ships and a recent wave of scrappings, reported Alphaliner this week.
European economy continues to impact ocean volumes, says Global Port Tracker report
October 31, 2012
A confluence of ongoing events, including the debt crisis hitting exports, domestic sales and consumer confidence and imports, which have added to declining trade volumes, has led to a recession being formally declared in the European Union, according to the most recent edition of the Global Port Tracker report.
Boston Consulting Groups sees promise for ocean cargo carriers
October 11, 2012
While executives in the container-shipping industry would probably like to forget 2011, the resiliency of industry players will prove itself once again, said analysts at the Boston Consulting Group.
Top 30 Ocean Carriers Special Report: Sailing into the black?
October 1, 2012
Renewed market discipline has helped the world’s leading ocean carriers to restore rates while delivering on enhanced service. Could this be the “turnaround year” on the high seas?
Ocean cargo shippers may be hit harder on rates
September 26, 2012
Transpacific shippers will be facing a new wave of price hikes next year, as carriers collectively agree on a future rate structure
U.S. ocean cargo vessel imports were down 3 percent in August
September 21, 2012
Zepol Corporation, a leading trade intelligence company, reports that U.S. import shipment volume for August, measured in twenty-foot equivalent units (TEUs), is down from July by 3 percent and 0.3 percent from August of 2011
H.J. Heinz Co. and CEVA Logistics engage in “transformational” ocean freight agreement
August 30, 2012
When H. J. Heinz Company and CEVA Logistics, announced a five-year ocean freight contract earlier this week, it may signal similar groundbreaking deals in the future.
AgTC Perspective: State of Ocean Cargo 2012 and Beyond
August 16, 2012
Joining us for the third and final part of our exclusive market intelligence report is Peter Friedmann, Executive Director Agriculture Transportation Coalition
State of Ocean Cargo 2012 and Beyond: Part II
August 15, 2012
Coinciding with the advent of container shipping’s “peak season,” Supply Chain Management Review asked Brian M. Conrad, Executive Administrator, TSA/WTSA to provide readers with an in-depth forecast
Keeping the faith with ocean cargo collaboration
August 6, 2012
As noted in today’s news, utilization levels of vessels on the Transpacific route have averaged only 73 percent, “given in good faith but without guarantee.”
Overcapacity remains problem for ocean carriers
August 6, 2012
Ocean cargo carriers are running out of options to hold down capacity, said analysts for Alphaliner.
29th Annual Quest for Quality Awards: Ocean carrier’s lead the way on the water
August 1, 2012
Unlike their brethren on the highways, ocean carriers will not be reporting capacity restraint issues from their unique position on the high seas over the next 12 months. As Executive Editor Patrick Burnson reported last month in our expansive State of Logistics Report, nearly 60 new vessels of at least 10,000 twenty-foot equivalent units (TEUs) are being staged for deployment.
Ocean Cargo Market Update: Can we still be friends?
August 1, 2012
Analysts agree: One of the greatest challenges facing both shippers and carriers over the next year will be rebuilding relationships on the high seas.
FMC praises USDA for joining the ocean cargo metrics mix
July 18, 2012
The first United States Department of Agricultural Ocean Shipping Container Availability Report should be welcomed by beneficial cargo owners
Ocean cargo carrier performance gaps outlined in new report
July 18, 2012
SeaIntel’s measurements with the actual container delivery reliability based on INTTRA’s data, identified a significant gap between these performance measures
Ocean cargo carriers are regrouping on rates
July 11, 2012
The recent successful implementation of significant rate restoration initiatives by carriers in the core east-west trade lanes means that most are now operating above break-even, said analysts with Drewry’s Container Research – a London-based industry think tank
2012 State of Logistics: Ocean: Focus shifts to value
July 1, 2012
In a collective effort to stem the flow of eroding freight pricing, ocean carriers are now competing on the two major global trade lanes—EU-Asia and the transpacific—by focusing on value rather than rates. Indeed, all the major players are telling shippers that the general rate increases (GRIs) will not be jeopardized by competition offering deep discounts this year.
Moore on Pricing: An ocean window of opportunity?
July 1, 2012
If you’ve been keeping one eye on ocean fuel (“bunkers”) pricing as I have, you know that the slowdown in the economy has had a pleasing effect on fuel prices.
