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The Journal of Commerce is the industry’s source for maritime news and analysis about ocean container shipping, logistics, supply chains, global shipping ports, shipping technology solutions and end-to-end connectivity. Coverage tracks the movement of containerized cargo — from origin to destination — handled by marine terminals in the US and abroad, depots, container ports, container lines, drayage, consignees and shippers, forwarders, non-vessel operating common carriers (NVOCCs) and off-dock warehousing providers, as well as pricing, capacity, volume and reliability on the trans-Pacific, Asia-Europe, North America-Caribbean, Central and South American and intra-Asia trades.

Updated: 22 min 55 sec ago

Baltimore port closure presents unexpected challenges for mid-Atlantic trucking

Thu, 03/28/2024 - 15:34
US importers accustomed to shipping through Baltimore are facing the prospect of higher drayage and warehousing costs as they look for drivers, chassis and space at alternate ports.

Carrier competition to intensify with EU anti-trust, alliance changes: Cosco

Thu, 03/28/2024 - 13:44
While China’s shipping and ports behemoth was cautious about the outlook for 2024, it said inventory restocking in Europe and the US would drive an increase in demand for container shipping.

THE Alliance 2025 trans-Pac network touts ‘minimal’ impact of Hapag departure

Thu, 03/28/2024 - 13:25
ONE and Yang Ming say the partnership will maintain most of its existing services into next year as it readies for a direct-call model and “speed buffers” to boost schedule reliability.

OSRA 2.0 bill targets China, leaves shipping antitrust exemption untouched

Thu, 03/28/2024 - 08:06
Recently passed House legislation amending landmark shipping reform takes a hard tact to China’s maritime influence on US ports but holds back on reigning in the limited antitrust exemption container lines use to participate in alliances, writes Executive Editor Mark Szakonyi.

Ocean carriers trim some ETS surcharges for Q2 amid decline in carbon prices

Thu, 03/28/2024 - 06:00
Carriers have been unable to shake a perception among shippers that surcharges were being set above cost-recovery levels, with a report this week directly accusing carriers of “profiteering” from the ETS.

Northeast ports prepare for Baltimore-bound freight as shippers scramble

Wed, 03/27/2024 - 16:52
Some of the 18 container ships that were due to arrive at the now-closed Port of Baltimore over the next couple of weeks are now scheduled for new calls at New Jersey, Norfolk and Philadelphia.

Trucking squeezed, but not crushed, by Baltimore port closure

Wed, 03/27/2024 - 14:55
Freight diversions to more distant ports will raise trucking costs for US importers and shippers, but excess truckload capacity is expected to dilute the disruption. 

Downward shift in India-Europe spot rates continues amid capacity glut

Wed, 03/27/2024 - 10:28
Still, forwarders generally believe that while prices have room to fall further, it's unlikely the market will return to the end-2023 pre-crisis pricing trendline so long as the uncertain security situation in the Red Sea persists.

Maersk integrator strategy under growing scrutiny amid DB Schenker interest

Wed, 03/27/2024 - 08:41
Maersk has been a lone exception to the truism that customer demands for neutrality inevitably lead carrier-owned forwarders to be structurally independent.

No timeline for Baltimore port reopening following bridge collapse

Tue, 03/26/2024 - 16:45
With the fifth-largest container port on the US East Coast now effectively isolated from waterborne traffic, the collapse of the Francis Scott Key Bridge after it was struck by a container ship will, at least temporarily, reconfigure the region’s supply chain.

MPV carrier UAL braces for port asset takeover by Equatorial Guinea

Tue, 03/26/2024 - 13:39
Oil and gas supply chains are in jeopardy as the government of Equatorial Guinea announces that it plans to nationalize a major port asset owned by Netherlands-based UAL Group.

GPA allocates new funding for Ocean Terminal container expansion

Tue, 03/26/2024 - 11:53
The Georgia Ports Authority is expanding the Port of Savannah’s Ocean Terminal to eventually grow its annual container capacity from 300,000 TEUs to 1.5 million TEUs.

Baltimore bridge collision involving Maersk-chartered ship shuts port

Tue, 03/26/2024 - 11:00
The closure of the fifth-busiest container port on the US East Coast could put pressure on container lines as they divert vessel calls.

Journal of Commerce Rankings: 3PLs struggle with post-pandemic sugar high

Tue, 03/26/2024 - 10:45
The top end of the global 3PL sector is populated by companies that see a down market as a chance to focus on higher-yield customers and those that see a chance to build market share.

Vancouver hit by new round of rail congestion amid early year import surge

Mon, 03/25/2024 - 13:20
The port is struggling to relieve excessive rail container dwells on its docks caused by an unexpected jump in imports and what some stakeholders say is an inadequate supply of railcars.

New Maersk facility in Tijuana taps into growing low-value Mexico-US trade

Mon, 03/25/2024 - 13:15
Maersk is the first container line to publicly promote a direct pipeline of ocean freight to what’s known as Section 321 shipments, though the model has been used for years by freight forwarders.

Red Sea diversions keep shipping emissions at ‘dangerously high’ levels: report

Mon, 03/25/2024 - 11:23
Meeting interim emissions benchmarks will be increasingly difficult unless decisive policy action is taken, according to a new report from consultancy AlixPartners.

MSC unit secures takeover of French forwarder Clasquin

Mon, 03/25/2024 - 08:57
The acquisition will add significant volume of air and ocean cargo to the MSC subsidiary and extend its reach into European markets.

Groups urge DCSA members to implement standard on shipping schedules

Fri, 03/22/2024 - 15:14
The letter is a further sign that the work of the non-profit carrier group has stalled at the adoption phase for its members.

Path toward net-zero shipping starts to emerge as MEPC81 meeting ends

Fri, 03/22/2024 - 10:16
But there remains significant horse trading ahead as IMO member states try to reach agreement on a fuel standard and a global greenhouse gas pricing measure that need to be decided on by next year and rolled out in 2027.

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