News
Port of LA launches Return Signal for trucking to address congestion
All-time monthly record set with 980,729 TEUs handled in October Kim Link-Wills, Senior Editor Container and chassis congestion at the Port of Los Angeles is so severe that it was about 10 minutes into a press conference Wednesday before Executive Director Gene Seroka...
West Coast Port Congestion
Information provided by overseas new report. 15, 000 containers stranded, US Port close to collapse, Maersk responds... Since July, there have been reports of a surge in container traffic at several U.S. ports.Congestion at the ports of Los Angeles and Long Beach was...
2020 Peak Season Notice
The combination of reduced worldwide capacity due to COVID-19 in Q2, followed by the current surge of volume, has led to an extremely heavy Peak Season. While space for Air and Ocean bookings remains an issue, all ports are experiencing severe congestion, causing a...
Matson offers inside glimpse of trans-Pacific pandemonium
Matson’s China-US volumes jumped 125% in Q3 2020 “To give you a sense of the demand right now, we are turning away — each week — more cargo than we are carrying,” revealed Matson CEO Matt Cox, referring to the scramble for slots on his company’s two...
Shippers pressured into no-roll premiums as full ships give carriers the edge.
By Sam Whelan Shipping lines are using rollovers to bump up freight rates, ‘forcing’ the vast majority of shippers to pay no-roll premiums. According to Cas Pouderoyen, head of ocean freight at Agility, around 80% of shippers feel they have to pay premiums of $400 to...
Why there is a chassis shortage at the ports of Los Angeles and Long Beach
By Utku Can Ozkan, Featured in www.morethanshipping.com FOR THE PAST COUPLE OF WEEKS, NEARLY CLOSE TO A MONTH, THE PORTS OF LOS ANGELES AND LONG BEACH HAVE BEEN EXPERIENCING A SIGNIFICANT CHASSIS SHORTAGE PROBLEM. It’s affecting the shipping industry as a whole, as...
Container slots sell out, risking holiday ‘shipageddon’
“The ships are 100% full. The containers are 100% full. You can’t get a container built. You can’t pick up a ship from the spot market. The whole container-shipping cycle is at absolutely full pelt,” exclaimed Jeremy Nixon, CEO of Ocean Network Express (ONE), the...
Shipper reps welcome container lines’ agreement
Will Waters | Tuesday, 16 February 2016 FTA ‘looks forward to more transparency in prices’, as European Commission inquiry forces carriers to change pricing announcement mechanism Shipper representatives today welcomed an agreement by 15 leading container lines to...
Container lines plan new mega-alliance
Will Waters | Friday, 19 February 2016 CMA CGM and Cosco said to be in talks with Evergreen and OOCL on creating a rival to Maersk-MSC partnership 2M Leading container lines CMA CGM and Cosco are said to be in talks with Evergreen and OOCL on creating a new...
