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.
Improved Carrier Sentiment Signals Potential Rate Increase in Truckload Spot Market
A recent Bloomberg | Truckstop survey reveals that sentiment among North American carriers in the truckload spot market has improved… Read More
Evergreen Group Celebrates 50th Anniversary
Evergreen Group celebrated its 50th anniversary at the Chang Yung-Fa Foundation, home of the charity set-up by Evergreen Group Founder… Read More
FMC releases interim report on detention and demurrage practices
Bringing clarity, access, and efficiency to the delivery of cargo from carrier to shipper will be key to improving the… Read More
Hapag-Lloyd invests in growing East African market
Hapag-Lloyd is continuing to focus on the growing market in East Africa. With annual growth rates of six percent, the… Read More
New Maritime Administration resources for Paducah, Kentucky
United States Secretary of Transportation Elaine L. Chao has announced that the Maritime Administration (MARAD) will establish a new, dedicated… Read More
APL’S Eagle Express X makes first arrival at Port of Los Angeles
Officials from the Port of Los Angeles and APL welcomed the first arrival of APL’s new premium cargo delivery service,… Read More
Largest-ever order of NaturaLINE goes to MSC
Mediterranean Shipping Company, one of the world’s largest ocean container carriers, will lease 2,000 containers chilled by Carrier Transicold’s innovative,… Read More
Maersk Line goes live with CargoSphere digital rate distribution
CargoSphere, a neutral rate network for container shipping, has announced that Maersk Line has gone live with digital, fully-automated distribution… Read More
Singaporean shipping company to pay $1 million fine
United States District Judge Helen Gillmor has sentenced Hai Soon Ship Management, a Singaporean shipping company, to pay a fine… Read More
INTTRA adds Turkon Line to its carrier network
INTTRA, the largest neutral network, software and information provider at the center of the ocean shipping industry, has announced the… Read More
New ocean carrier calls PhilaPort
Atlantic RoRo Carriers Inc. (ARRC) had its first vessel call at The Port of Philadelphia’s Tioga Marine Terminal last week…. Read More
What will fuel US energy exports to Europe?
President Donald Trump held out the hope, after his July 25 meeting with European Commission President Jean-Claude Junker, of new… Read More
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