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

Panama Canal usage steadily increasing since June expansion

The Panama Canal may soon be competing with the Suez, with massive implications for ports and shippers. 

By Jennifer McKevitt • Dec. 20, 2016

Night hour inefficiencies spark tensions among Ports of LA, Long Beach stakeholders

Increased rates have not led to improved terminal operations, according to the truckers and beneficial cargo owners demanding increased port transparency.

By Jennifer McKevitt • Dec. 19, 2016

HMM drops bid for Port of Long Beach terminal

Poor credit ratings has left HMM hanging by a thread in an adverse, post-Hanjin world.

By Jennifer McKevitt • Dec. 16, 2016

Hanjin is better off liquidated, PwC tells Korean court

Even if Hanjin regained shippers' trust, it would be forced to begin again in an adverse market.

By Jennifer McKevitt • Dec. 16, 2016

Drewry: Despite overcapacity, freight rates will increase in 2017

Shippers on East-West routes suffered from the first contract rate rise in almost 2 years, potentially heralding a year of increased payments.

By Jennifer McKevitt • Dec. 15, 2016

A.P. Moller-Maersk eyes supply chain solutions future

CEO Soren Skou claimed the company's Transport & Logistics division is well-positioned to offer clients full supply chain services.

By Jennifer McKevitt • Dec. 15, 2016

THE Alliance wins FMC approval

The approval ensures 69% of the industry's capacity will be operated by an alliance-affiliated line come April. 

By Edwin Lopez • Dec. 14, 2016

Will the shipping industry self-correct in 2017?

If 2016 was the year of deals for the industry, 2017 will be the year of indicators as we watch whether the lines begin to recover. 

By Jennifer McKevitt • Dec. 14, 2016

HMM falls short of 2M Alliance, but negotiates slot exchange

The Korean line insisted the 2M+H Strategic Collaboration was a tempered down version of an alliance.

By Edwin Lopez , Jennifer McKevitt • Dec. 12, 2016

Freight tariffs too high? Tips for negotiating rail freight contracts

This is all about commitment, scale, and seeing where the money is spent.

By Rich Weissman • Dec. 9, 2016

Logistically Minded: Ports may be next in line to consolidate, but at least the market is recovering

A slight recovery in October and November tempered the effects of earlier turmoil, although overcapacity remains a problem.

By Edwin Lopez • Dec. 9, 2016

Why supply chain managers should care about Trump's $1 trillion infrastructure plan

A lack of infrastructure funding forces the costs of basic maintenance upon supply chains while stifling the country's competitiveness.

By Edwin Lopez • Dec. 9, 2016

Hanjin has until Dec. 15 to sell Long Beach assets

Creditors are pushing Hanjin to complete a deal before a Chapter 11 bankruptcy proceeding takes place.

By Jennifer McKevitt • Dec. 7, 2016

Congress agrees on latest draft of waterway bill, ports win out

Legislators agreed to siphon less money from the Harbor Maintenance Tax and invest in 30 new Army Corps of Engineers projects.

By Jennifer McKevitt • Dec. 7, 2016

Report: Carrier demands place unsustainable pressures on ports

Port terminals are feeling the pinch between lowered profits, shipping line consolidation and need for infrastructure upgrades.

By Jennifer McKevitt • Dec. 6, 2016

HMM-MSC joint bid for Hanjin's West Coast port signals cotinued 2M alignment

The shipping lines must wait until Korea Line's right to buy ends January 5, but the announcement offers a positive sign for accession to the 2M alliance. 

By Jennifer McKevitt • Dec. 5, 2016

CargoSmart assessment of VGM rule's effects saw fewer vessels call to ports

The Safety of Life At Sea amendment saw neither a capacity crunch nor extended delays at six global ports.

By Jennifer McKevitt • Dec. 2, 2016

Freight rail haulers optimistic about trade under Trump

Rail transporters are hoping for a status quo or better under Trump, but market forces might be a bigger indicator for their future than the next presidential administration. 

By Jennifer McKevitt • Dec. 1, 2016

China and Pakistan launch joint rail and sea endeavor to reinvigorate the Silk Road

Reopening the Silk Road: an opportunity driven by necessity for China?

By Jennifer McKevitt • Dec. 1, 2016

Maersk Line announces acquisition of Hamburg Sud

Maersk outbids competitors, including CMA CGM, to acquire the German shipper and increase its north-south trade routes.

By Andy Burt • Dec. 1, 2016