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Maritime News

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10/24/2014
Shanghai Containerized Freight Index spot rates from Asia to Europe continued a downward spiral this week, sinking below the $700 per 20-foot container mark to $697 per TEU. In the 12 weeks since Aug. 1, the spot rate has dropped 52 percent or $758 per container. The rates are not just...
10/24/2014
For Passenger A, air travel is increasingly problematic. Flights are oversold, seats are packed together and flights touch down in a number of cities instead of going nonstop. Bad weather and mechanical issues often translate into missing a connecting flight. Passenger B flies on a private plane. The seats are comfortable,...
10/24/2014
Bjorn Vang Jensen, vice president of supply chain and global logistics for appliance maker Electrolux, wonders when annual growth in container ship capacity will match growth in cargo demand. “It seems like every time we hear (about projections), it’s about carriers being two years out from supply and demand growing in...
10/23/2014
KANSAS CITY —  Port congestion in Southern California is driving cargo to third-party logistics providers that have access to capacity from ocean and overland carriers, and the information technology systems to link these services together in an end-to-end supply chain solution, according to a 3PL executive. Scott Malat, chief strategy officer...
10/23/2014
Fairview Container Terminal at the Port of Prince Rupert. Source: Flickr CC ― B.C. Ministry of Transportation and Infrastructure The massive congestion affecting the ports of Los Angeles and Long Beach is creating a fresh wave of diversions to other ports as shippers flee the worst congestion that the largest port complex...



 
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