MSC buys Hanjin's 54% West Coast port terminal stake

Upon approval, MSC and Hyundai Merchant Marine announced a new deal whereby HMM would acquire a 20% stake from MSC.

By Jennifer McKevitt • Jan. 20, 2017

OOCL takeover rumors intensify with report of COSCO's upcoming bid

Meanwhile, IHS Fairplay reports OOCL has denied any involvement in takeover talks and warned against trading on speculation.

By Jennifer McKevitt • Jan. 20, 2017

IMO promotes visibility with World Maritime Day theme

The theme — connecting ships, ports and people — captures an industry-wide move toward greater integration.

By Jennifer McKevitt • Jan. 20, 2017

Report: Port efficiency requires benchmarking, technology and collaboration

A new report released by the U.S. Department of Commerce reveals various best practices for the nation's ports.

By Jennifer McKevitt • Jan. 19, 2017

Scrapping continues at high rates in 2017, reflecting industry shifts

The shipping industry is breaking down small ships in favor of newer, high capacity vessels at breakneck speeds, leaving both small carriers and non-vessel operating carriers behind.

By Edwin Lopez , Jennifer McKevitt • Jan. 19, 2017

Port of NY-NJ terminal to require truck appointments during morning

Similar programs have been implemented at the ports of Los Angeles, Long Beach, Oakland and Vancouver, and were tested at the Port of Virginia.

By Jennifer McKevitt • Jan. 18, 2017

The transportation supply chain

Transportation’s role in supply chain management to lower total costs

Jan. 17, 2017

Shipping alliances drive down price, but at the cost of service

While low shipping costs are a good sign for the industry, alliances have marginalized other competitive strategies for shippers.

By Jennifer McKevitt , Andy Burt • Jan. 16, 2017

Analysts project OOCL takeover, lines dismiss the rumors

The story is not that the stocks jumped after analyst comments or that CMA CGM, COSCO Shipping or Evergreen Marine may be interested, but of the stakeholders' reactions to the news.

By Edwin Lopez • Jan. 13, 2017

UPS to train drivers to spot and report human trafficking

UPS' partner in this program, Truckers Against Trafficking, notes a previous partnership with Polaris helped identify 471 likely cases of human trafficking with 1,033 trafficking victims, 285 of which were minors.

By Jennifer McKevitt • Jan. 13, 2017

As Hanjin's vessel assets find a home, its terminal asset transfer is challenged

Ports and creditors are challenging Hanjin's terminal sales to MSC, while a successor line is born in Korea.

By Jennifer McKevitt • Jan. 10, 2017

International Longshoremen Assocation resistant to automation as contract negotiation commences

The union fears forced obsolescence of workers in increasingly automated container terminals. 

By Jennifer McKevitt • Jan. 9, 2017

Supply chains suffer as Mexico erupts in protests over gasoline price hike

Protesters in Mexico have been blocking roads, and even looting, for nearly a week, spurring millions of dollars in losses from shipment delays and their ripple effects. 

By Edwin Lopez • Jan. 6, 2017

Trucking embraces tech to gain insurance breaks

To help mitigate insurance costs, truckers and trucking companies are utilizing smartphone cameras as dash cams.

By Jennifer McKevitt • Jan. 6, 2017

Alibaba customers can now reserve slots on Maersk

As Alibaba encroaches on Amazon's logistics advantage and Maersk ramps up its supply chain solutions service, small businesses hear the warning bells of supply chain consolidation.

By Edwin Lopez , Jennifer McKevitt • Jan. 5, 2017

Union Pacific expands cold chain assets with Railex buy

The railway seeks vertical integration to help weather weak markets.

By Jennifer McKevitt • Jan. 5, 2017

Dwell time reduction crucial to improving supply chain efficiency

While possible, comparing port efficiency statistics remains rote and inefficient.

By Jennifer McKevitt • Jan. 5, 2017

Korea Line forced to forego Hanjin route by parent company

Korea Lines' board members rejected the purchase of Hanjin's Pacific route, citing a lack of experience in the container shipping business.

By Jennifer McKevitt , Andy Burt • Jan. 4, 2017

Korean lines HMM, Heung-A Shipping, Sinokor Merchant Marine to form regional alliance

The HMM+K2 consortium applies to intra-Asia trade lanes, and could help HMM compete against "mega shippers" in the region.

By Edwin Lopez • Jan. 3, 2017

Miami port terminals reach 'cooperation and commonality' agreement, FMC approves

As the transport shipping industry faces consolidation and partnership, so do the ports that serve it.

By Jennifer McKevitt • Jan. 2, 2017

Report: Shipping lines scrapped 699,000 TEUs in 2016

The industry is hurriedly decreasing supply, as shipyards broke down 272% more in container capacity this year than in 2015.

By Edwin Lopez • Dec. 23, 2016

Pilot rate increase could risk Great Lakes carrier competitiveness

A third year of pilotage fee increases imposed by the Coast Guard may force shippers to find freight alternatives, Great Lakes carriers noted.

By Edwin Lopez • Dec. 23, 2016

Hark! eManifest for Santa's Elves

Delivering toys to children around the world in one night is indeed a logistical challenge of mythical proportions—but it's less of a test for Santa than it is for his freight forwarders: the elves.

By Glenn Palanacki • Dec. 21, 2016

MSC buys out Hanjin's stake in Total Terminals International

The terminal operator runs Pier T at the Port of Long Beach and Terminal 46 at the Port of Seattle.

By Jennifer McKevitt • Dec. 21, 2016

Port consolidation speeds ahead to increase leverage against alliances

With shipping lines consolidating at a frenzied pace, port operators are concerned greater capacity will lead lines to abuse.

By Jennifer McKevitt • Dec. 21, 2016