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.

St. Louis Regional Freightway Unveils $8 Billion Priority Projects List for 2025

The St. Louis Regional Freightway has announced its 2025 Priority Projects List, which includes 27 projects with a total investment… Read More

Far East–North Europe Freight Rates are Recovering

Peter Buxbaum 9:55 AM  6/30/2016

The container shipping market is staging a small recovery, with short-term rates rising, suggesting long-term costs could soon follow suit…. Read More

Hapag-Lloyd Connects with INTTRA eVGM Service

Haylle Sok 5:21 AM  6/30/2016

Liner shipping company Hapag-Lloyd is connecting with the INTTRA eVGM Service for facilitating compliance with new International Maritime Organization container… Read More

Ship Owner, Operator, Engineers Convicted in Federal Court

Peter Buxbaum 12:18 PM  6/29/2016

The companies that own and operate a Greek shipping vessel and two engineers from the ship were convicted in U.S…. Read More

FMC Chair Urges Ocean Carriers to Accept ‘Straight Line’ to VGM Compliance

Peter Buxbaum 9:33 AM  6/28/2016

With the implementation date for new container weighing requirements around the corner, Mario Cordero, chairman of the Federal Maritime Commission,… Read More

Maersk Will Reshuffle Vessels and Services as Part of Panama Canal Strategy

Peter Buxbaum 7:40 AM  6/27/2016

The inauguration of the expanded Panama Canal will prompt an increase in vessels and services by the world’s largest container… Read More

Inaugural Transit of the Expanded Panama Canal

Haylle Sok 7:12 AM  6/27/2016

Early yesterday morning, the inaugural transit of the Panama Canal expansion began with the transit of neopanamax vessel COSCO Shipping… Read More

Fuel Saving Device to Cut Transportation Costs

Andrew Spence 4:18 AM  6/27/2016

A device to cut fuel use by 10 to 15 percent while reducing the exhaust emissions of internal combustion engines… Read More

Understanding the Need for SOLAS

Mike Coney 5:12 AM  6/22/2016

I started my career at the age of 17 in the Royal Navy and in my time in the service… Read More

Hyundai Merchant, Creditors Agree on Debt Restructuring

Haylle Sok 8:41 AM  6/20/2016

Hyundai Merchant Marine Co., a financially troubled shipping company based in South Korea, has announced that it has reached an… Read More

Arctic Coast Guards to Develop Joint Strategic Plan

Peter Buxbaum 7:45 AM  6/20/2016

A milestone was reached last week when leaders representing all eight coast guard agencies of the Arctic nations signed a… Read More

The Top Three Reasons Freight Shippers Switch Containership Carriers

Peter Buxbaum 4:46 AM  6/18/2016

Xeneta, the Oslo-based benchmarking and market intelligence platform for containerized ocean freight, has queired its worldwide database of contributors to… Read More