News

Market Analysis

• All Importers Experiencing Supply Chain Challenges
• 7/28/2010 8:04:32 AM
• All importers, regardless of size, are having issues securing equipment and space.
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• Exports From China Slow
• 7/16/2010 5:31:55 AM
• Container shipments from China slowed during the month of June.
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• Exports Slow From May
• 7/14/2010 11:30:14 AM
• Exports flattend in June but are still up 16 percent compared to 2009.
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• Shippers Can Expect Higher Rates
• 6/18/2010 6:33:01 AM
• At least one analyst is telling shippers to prepare for higher rates for the remainder of this year.
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• Spot Rates Continue To Climb
• 6/18/2010 6:22:44 AM
• Spot rates continue to increaseon Hong Kong to Los Angeles cargo. The average rate has increased182% in just one year.
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• May Box Traffic Sets Record
• 6/15/2010 11:33:40 AM
• Container traffic in May through China ports increased 49% over last year.
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• Container Shortage
• 6/14/2010 11:51:20 AM
• Is it a shortage or a deployment problem?
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• Westbound Capacity
• 6/11/2010 1:07:58 PM
• Carriers will add additional capacity to the Transpacific but it will be controlled and slow to arrrive.
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• NOL CEO Believes Slow Steaming Here To Stay
• 6/4/2010 7:21:13 AM
• The NOL chief said shippers want reliability more than fast ships.
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• Slow Steaming
• 6/4/2010 7:04:55 AM
• Slow steaming is having a major impact on capacity.
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• Continued Growth For Container Imports
• 4/5/2010 12:00:00 AM
• Containerized imports are scheduled to increase through the shipping season.
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• Asian Carriers Reduce Fleets
• 3/31/2010 12:00:00 AM
• The seven major Asian ocean carriers reduced 16 percent of their capacity over the last 15 months.
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• Rate Hikes Vary
• 3/29/2010 12:00:00 AM
• Carrie increases likely to vary by contract. The market GRI imposed in past contracts may not happen this year.
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• Carriers Boost Capacity
• 3/26/2010 12:00:00 AM
• Carriers are set to boost capacity in the global market by 785,000 TEUs. This could impact the increase in rates anticipated on May 1st.
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• Maersk Warns Against Adding Capacity Quickly
• 3/25/2010 12:00:00 AM
• There is concern by some carrier executives about adding capacity back in the global trade.
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• TSA Predicting Strong Growth
• 3/23/2010 12:00:00 AM
• Ocean carriers operating in the Transpacific expect container volumes to surge 6-8 percent in 2010.
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• Schedules Becoming Unreliable
• 3/17/2010 12:00:00 AM
• Slow steaming may reduce fuel costs but it also reduces reliability of arriving at the port on time.
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• Carriers Confident About GRI
• 3/15/2010 12:00:00 AM
• One TSA carrier, COSCO, is confident that the May 1st GRI will be secured.
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• Retail Sales Up
• 3/12/2010 12:00:00 AM
• NRF reporting jump in retail sales despite the winter storms that blanketed much of the East Coast.
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• Asia-Europe Cargo
• 3/12/2010 12:00:00 AM
• Cargo moving in the Asia-Europe trade lane has increased significantly over last year.
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Association Advisories

• FMC Wants Additional Powers
• 9/3/2010 6:15:15 AM
• The FMC wants to resolve service contract disputes between shippers and carriers.
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• Proposed Changes To Shipping Act
• 9/3/2010 6:12:59 AM
• FMC Commission Chairman proposes numerous changes to the Shipping Act.
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• Traffic Normal At India Ports
• 8/23/2010 6:34:18 AM
• Normal operations are scheduled to resume at India's two main ports. There are no traces of the 293 containers that fell off the MSC Chitra.
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• PierPass - Video Upate
• 8/23/2010 6:17:51 AM
• Bruce Wargo, President of PierPass, provides an update on the congestion at Southern California terminals.
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• PierPass - Gate Congestion
• 8/23/2010 6:16:29 AM
• With the surge in recent cargo volume, experts express concern over wait times at terminal gates.
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• FMC Considering Mediation
• 7/14/2010 7:42:48 AM
• In an effort to resolve disputes quickly, FMC is considering mediation between shippers and carriers.
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• New Security Rules Further Impact Supply Chains
• 7/12/2010 1:51:22 PM
• Only time will tell whether the August 1st deadline for TSA to screen 100% of air cargo will be met.
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• U.S. Exports Must Grow
• 6/18/2010 6:28:09 AM
• At least one economist believes U.S. exports to Asis and other developing countries must continue to grow to avoid a further economic crisis.
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• Air Freight Market
• 4/14/2010 5:34:49 AM
• The backlog for air freight has not eased up.
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• Environmental Standards Must Be Consistent
• 3/15/2010 12:00:00 AM
• Reducing emissions is something that all ocean carriers are striving for.
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• Ocean Lines Slowly Adding Capacity
• 3/12/2010 12:00:00 AM
• Carriers are slowly returning capacity to keep up with growing demand.
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• 10+2 Causing Confusion
• 3/12/2010 12:00:00 AM
• Customs is reaching out to importers in an effort to explain the rules.
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