Container Imports Rose 3 Percent in 2011 » 2/3/2012 4:54:39 PM Rising shipments of auto parts and recovering demand for furniture pushed U.S. containerized imports up 2.4 percent in December, capping a year in which volumes increased 3 percent. December’s increa... Read More...
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Maersk Selling Direct ChassisLink » 2/3/2012 3:50:39 PM On Feb. 3, Maersk Inc., a subsidiary of the A.P. Moller-Maersk Group, announced that it has entered into an agreement to sell its subsidiary Maersk Equipment Services Company, Inc. d/b/a. Direct Chas... Read More...
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Container Lines Gain Record Schedule Reliability » 2/2/2012 7:09:10 PM Container shipping lines boosted the reliability of their service schedules to a new record of on-time arrivals in the last quarter of 2011. The industry hit an on-time average of 69 percent across a... Read More...
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South Carolina Senate Rebukes Governor, Votes To Block Savannah Dredging » 2/2/2012 6:38:01 PM The South Carolina Senate voted unanimously Tuesday to rebuke Gov. Nikki Haley for allowing environmental regulators to approve a Savannah River dredging permit that will enable the Port of Savannah ... Read More...
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Asia-Europe Spot Rates Drop 6.4 Percent » 2/2/2012 6:25:23 PM Average spot rates on the Asia-Europe trade lane dropped this week for the second week in a row, even as carriers including Maersk Line, OOCL and Hanjin announced rate increases in coming months. The... Read More...
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Trans-Pacific Spot Rate Stays Firm Amid Sluggish Demand » 2/1/2012 7:24:47 PM The average spot rate on the eastbound trans-Pacific didn’t budge this week as a lull in demand for cargo space set in after the week-long Asian New Year holiday last week. The Drewry benchmark for s... Read More...
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Customs Brokers Take Clean Truck Fee Complaints to FMC » 1/31/2012 1:52:55 PM Cargo interests and customs brokers complained to the Federal Maritime Commission that trucking companies in Los Angeles-Long Beach are still charging a clean-truck fee even though the ports stopped ... Read More...
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Asia-Europe Spot Rates Fall 2.6 Percent » 1/26/2012 4:53:25 PM Average spot rates on the Asia-Europe trade lane fell this week after increasing week-over-week in the previous five weeks as demand declined during the week-long factory shutdown for the Chinese New... Read More...
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FDA Clears 19 Orange Juice Shipments » 1/20/2012 8:09:56 PM The Food and Drug Administration has cleared 19 international shipments of orange juice tested for an illegal fungicide and released 12 shipments into the U.S., but the federal agency said Friday it ... Read More...
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Army Corps To Fix Mississippi River-Gulf Chokepoint » 1/20/2012 1:51:33 PM The Army Corps of Engineers will begin clearing a chokepoint at the mouth of the Mississippi River that has restricted cargo shipments from the Midwest since last spring. The corps will get an additi... Read More...
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