Market Analysis

  • All Importers Experiencing Supply Chain Challenges
  • All importers, regardless of size, are having issues securing equipment and space.
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  • Exports From China Slow
  • Container shipments from China slowed during the month of June.
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  • Exports Slow From May
  • Exports flattend in June but are still up 16 percent compared to 2009.
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  • Shippers Can Expect Higher Rates
  • At least one analyst is telling shippers to prepare for higher rates for the remainder of this year.
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  • Spot Rates Continue To Climb
  • Spot rates continue to increaseon Hong Kong to Los Angeles cargo. The average rate has increased182% in just one year.
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  • May Box Traffic Sets Record
  • Container traffic in May through China ports increased 49% over last year.
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  • Container Shortage
  • Is it a shortage or a deployment problem?
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  • NOL CEO Believes Slow Steaming Here To Stay
  • The NOL chief said shippers want reliability more than fast ships.
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  • Slow Steaming
  • Slow steaming is having a major impact on capacity.
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  • Continued Growth For Container Imports
  • Containerized imports are scheduled to increase through the shipping season.
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  • Asian Carriers Reduce Fleets
  • The seven major Asian ocean carriers reduced 16 percent of their capacity over the last 15 months.
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  • Rate Hikes Vary
  • Carrie increases likely to vary by contract. The market GRI imposed in past contracts may not happen this year.
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  • Carriers Boost Capacity
  • Carriers are set to boost capacity in the global market by 785,000 TEUs. This could impact the increase in rates anticipated on May 1st.
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  • Maersk Warns Against Adding Capacity Quickly
  • There is concern by some carrier executives about adding capacity back in the global trade.
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  • TSA Predicting Strong Growth
  • Ocean carriers operating in the Transpacific expect container volumes to surge 6-8 percent in 2010.
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  • Schedules Becoming Unreliable
  • Slow steaming may reduce fuel costs but it also reduces reliability of arriving at the port on time.
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  • Carriers Confident About GRI
  • One TSA carrier, COSCO, is confident that the May 1st GRI will be secured.
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  • Retail Sales Up
  • NRF reporting jump in retail sales despite the winter storms that blanketed much of the East Coast.
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  • Asia-Europe Cargo
  • Cargo moving in the Asia-Europe trade lane has increased significantly over last year.
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Association Advisories

  • FMC Wants Additional Powers
  • The FMC wants to resolve service contract disputes between shippers and carriers.
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  • Proposed Changes To Shipping Act
  • FMC Commission Chairman proposes numerous changes to the Shipping Act.
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  • Traffic Normal At India Ports
  • Normal operations are scheduled to resume at India's two main ports. There are no traces of the 293 containers that fell off the MSC Chitra.
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  • PierPass - Video Upate
  • Bruce Wargo, President of PierPass, provides an update on the congestion at Southern California terminals.
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  • PierPass - Gate Congestion
  • With the surge in recent cargo volume, experts express concern over wait times at terminal gates.
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  • New Security Rules Further Impact Supply Chains
  • Only time will tell whether the August 1st deadline for TSA to screen 100% of air cargo will be met.
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  • Air Freight Market
  • The backlog for air freight has not eased up.
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  • Environmental Standards Must Be Consistent
  • Reducing emissions is something that all ocean carriers are striving for.
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  • Ocean Lines Slowly Adding Capacity
  • Carriers are slowly returning capacity to keep up with growing demand.
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  • 10+2 Causing Confusion
  • Customs is reaching out to importers in an effort to explain the rules.
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Legal Corner

  • FMC'S REPORT ON CAPACITY PROBLEMS
  • On June 30, 2010, Commissioner Rebecca Dye testified before the Congressional committee with jurisdiction over maritime transportation.
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  • COGSA OR CARMACK?
  • All nine Justices of the Supreme Court agree that K-Line is not a railroad.
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  • The Incoterms: Their Uses And Some Pitfalls
  • Incoterms have been developed by the ICC to standardize the interpretation of trade terms throughout the world to facilitate the conduct of international trade.
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  • The Mischevious Forum Selection Clause
  • A recent case in New York illustrates the fact that hiring an NVOCC or freight forwarder to transport cargo may sometimes have unintended consequences for the shipper.
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  • Air Cargo Screening
  • Deadline for 100% screening of air cargo approaches.
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  • Sue Your Carrier?
  • IHSA legal counsel explains why you might have to sue your carrier.
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  • Big Changes at FMC
  • There are big changes at the Federal Maritime Commission.
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Supply Chain Technology

  • Challenges Remain 100% Ocean Container Scanning
  • The 2012 deadline for 100% ocean container scanning will not be met.
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  • Supply Chain Game
  • Teachers hope a game will educate students.
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  • Freight Movement Facing Crisis
  • In 10 years, an additional 1.8 million trucks will be on U.S. highways
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  • The Box
  • If you havent already, check out The Box from BBC.
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  • Green, Smart Ships 2015
  • Five years from now we will see the next generation of ocean ships.
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  • Anti-theft Technology
  • TBB Global Logistics partners with LoJack Supply Chain Integrity
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Service Providers

  • APL's "On-time" Reliability Performance
  • APL reported that only two vessels missed arrival windows during a five month period.
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  • APL Adds Mega Ships
  • NOL, parent company of APL, finalized an order for two 10,700 TEU vessels for delivery in 2012.
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  • New Container Line Enters Transpacifc
  • Hainan PO Shipping Co., will introduce a weekly express service from China to USWC in August 2010
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  • NYK & Evergreen Will Stop Providing Chassis in U.S.
  • NYK & Evergreen are the latest lines to announce that chassis will no longer be provided in the U.S.
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  • CMA Rejects Capital
  • CMA rejected capital from Qatari Holdings opting instead to explore further outside investors.
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  • Maersk, CMA, MSC Add Capacity to TPEB
  • Maersk, CMA and MSC will be adding 39.000 TEUs to the Transpacific Eastbound Trade.
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  • Maersk Order New Containers
  • Maersk will order new containers as well as lease containers to ease the shortage.
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  • APL Enters New VSA
  • APL entered into new vessel sharing agreement with Hapag-Lloyd, CMA, NYK and OOCL.
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  • Maersk Adds Direct Vietnam Call
  • Maersk will introduce post-Panamax vessels (9,000 TEUs) in South Vietnam ports.
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  • UPS Offers New Pickup Service
  • UPS will introduce "Smart Pickup" in an attempt to cut vehicle emissions.
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  • CMA Increases Rates
  • CMA has announced that they intend to take increases in 11 different trade lanes.
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  • APL Adds Capacity
  • APL has decided to add 7% capacity back into the global trades this year. It is unknown what percentage, if any, will be added in the TransPacific.
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  • Slump Over For Ocean Carriers
  • The two year slump for ocean carriers appears to have hit the bottom.
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  • Maersk Offers Online Customer Service
  • Maersk is now offering customers a chance to speak with a customer service representative.
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  • OOCL Latest Carrier to Stop Providing Chassis
  • OOCL will no longer offer chassis in and around Boston and Miami.
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