Billions invested to beef up India infrastructure, manufacturing When it comes to shipper enthusiasm for sourcing and tapping domestic consumers, India has generally played second-fiddle to China. That’s changing. China’s aging workforce and its demands for… Billions invested to beef up India infrastructure, manufacturing Journal of Commerce
Read More →Asia-Europe spot rate decline slows before Aug. 1 GRI
on July 22, 2016in Industry News
Asia-Europe spot rate decline slows before Aug. 1 GRI Asia-Europe spot freight rates continued their steady march down from the year’s high reached on July 1 and have dropped by almost $500 per twenty-foot-equivalent unit in the past three weeks.The spot rate on Asia-North Europe fell… Asia-Europe spot rate decline slows before Aug. 1 GRI […]
Read More →Next phase of inland ports are intermediate DCs near cities
on July 18, 2016in Industry News
Next phase of inland ports are intermediate DCs near cities Spurred on by the desire of consumers to receive their orders faster and cheaper, retailers are establishing “intermediate”… Next phase of inland ports are intermediate DCs near cities Journal of Commerce
Read More →Ocean Alliance betting big on trans-Pacific services to East, Gulf coast
on July 15, 2016in Industry News
Ocean Alliance betting big on trans-Pacific services to East, Gulf coast WASHINGTON — The Ocean Alliance in April plans to deploy the most expansive all-water trans-Pacific service network to U.S. East and Gulf Coast ports that has been seen in years, according to a U.S. maritime regulator. Ocean Alliance… Ocean Alliance betting big on trans-Pacific […]
Read More →Trans-Pacific eastbound spot rates pop as peak season nears
on July 15, 2016in Industry News
Trans-Pacific eastbound spot rates pop as peak season nears Spot rates in the eastbound trans-Pacific got a nice pop this week as retailers move closer to the peak-shipping season, according to the Shanghai Containerized Freight Index. The spot rate for shipping a 40-foot container from Shanghai… Trans-Pacific eastbound spot rates pop as peak season nears […]
Read More →Asia-Europe spot rates fall ahead of Med capacity injection
on July 15, 2016in Industry News
Asia-Europe spot rates fall ahead of Med capacity injection The slide in spot freight rates from Asia to North Europe and the Mediterranean continued this week, even as G6 Alliance carriers start to ramp up both… Asia-Europe spot rates fall ahead of Med capacity injection Journal of Commerce
Read More →Top forwarders grapple with container shipping alliance reshuffling
on July 15, 2016in Industry News
Top forwarders grapple with container shipping alliance reshuffling The world’s forwarders that manage half of the global container trade are accustomed to the frequently changing shape of the liner… Top forwarders grapple with container shipping alliance reshuffling Journal of Commerce
Read More →Longer trucker turn times at LA-LB cost shippers
on July 14, 2016in Industry News
Longer trucker turn times at LA-LB cost shippers Truck lines in Los Angeles-Long Beach got slightly longer in June, much to the chagrin of truckers who completed fewer daily turns, and to some beneficial cargo owners… Longer trucker turn times at LA-LB cost shippers Journal of Commerce
Read More →European shippers attack EU-liner pricing deal
on July 14, 2016in Industry News
European shippers attack EU-liner pricing deal The European Shippers Council today claimed container lines’ recent commitments to the European Commission over general rate increase announcements “does not solve the price-fixing problem” that will… European shippers attack EU-liner pricing deal Journal of Commerce
Read More →Lack of US Customs funding endangers timely cargo clearance
on July 11, 2016in Industry News
Lack of US Customs funding endangers timely cargo clearance WASHINGTON — Limited resources continue to make it difficult for U.S. Customs and Border Protection to guarantee the security of cargo, threatening the agency’s ability to clear cargo in a… Lack of US Customs funding endangers timely cargo clearance Journal of Commerce
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