International shipping industry news? You’ll find it in Global Trade. Check out trade articles about ocean carriers and port destinations.
Ocean carriers have become the standard for connecting trading partners from different geographies, especially when large volumes of freight must be sent over significant distances. Freight costs on carriers are among the lowest available, making these remarkable ocean liners the preferred choice for shipments that are not adversely impacted by a longer transportation time – anywhere from 10 to 30 days. However, maintaining these lower costs has been a challenge in an asset-heavy, highly competitive industry that requires considerable financial investment – not just in the ships themselves, but in fuel and carriers as well. This may be one reason why many major carriers have expanded their services to also incorporate freight consolidation, warehousing, and truck and rail service, so shipments can literally now be made door-to-door rather than port-to-port.
Includes Expanded Service to Pacific Northwest
ZIM has introduced the final phase of its new network, to begin April 2017. ZIM’s new service ZIM MED PACIFIC (ZMP), will serve both the Asia-Pacific Northwest trade and the Asia–East-Med/Black Sea trades. The service will deploy 15 4,500-TEU vessels. That, the carriers said, allows for operational advantages and high schedule reliability, along with competitive… Read More
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