Shipping icon Bertram Rickmers, 71, succumbs to injuries from fall Visionary shipping legend Bertram Rickmers created the Pearl String, the only round-the-world breakbulk liner service, which operated from 2003 until the fall of Zeamarine in 2020. Shipping icon Bertram Rickmers, 71, succumbs to injuries from fall Journal of Commerce
Read More →Shippers hold onto intermodal boxes amid warehouse reshuffling: survey
on May 25, 2023in Industry News
Shippers hold onto intermodal boxes amid warehouse reshuffling: survey As shippers scramble to shed unwanted inventory, more than 80% responding to a Journal of Commerce survey reported that they’ve kept 53-foot domestic containers for too long, incurring detention fees. Shippers hold onto intermodal boxes amid warehouse reshuffling: survey Journal of Commerce
Read More →Carriers pare blank sailings in May as ocean freight rates steady
on May 25, 2023in Industry News
Carriers pare blank sailings in May as ocean freight rates steady With spot freight rates largely stabilized, ocean carriers have blanked fewer sailings in May and instead opted for more bi-weekly sailings. Carriers pare blank sailings in May as ocean freight rates steady Journal of Commerce
Read More →Ocean trade emerges from pandemic haze to face new realities
on May 25, 2023in Industry News
Ocean trade emerges from pandemic haze to face new realities Although the container shipping order book is the highest it’s been in many years and demand remains subdued, the ground is shifting under the ocean market in new and unfamiliar ways, writes Peter Tirschwell. Ocean trade emerges from pandemic haze to face new realities Journal […]
Read More →Forwarders locked in margin-destroying price war in post-COVID ocean market
on May 25, 2023in Industry News
Forwarders locked in margin-destroying price war in post-COVID ocean market Price is once again on the side of shippers, with excess ocean capacity allowing them to extract lower rates from service providers. Forwarders locked in margin-destroying price war in post-COVID ocean market Journal of Commerce
Read More →deugro orders customized ro/ro newbuildings for wind turbine transport
on May 24, 2023in Industry News
deugro orders customized ro/ro newbuildings for wind turbine transport deugro and partners Siemens and Amasus will build and deploy two specialized offshore wind ro/ro vessels able to accommodate increasingly large wind turbine components. deugro orders customized ro/ro newbuildings for wind turbine transport Journal of Commerce
Read More →deugro orders customized ro-ro newbuildings for wind turbine transport
on May 24, 2023in Industry News
deugro orders customized ro-ro newbuildings for wind turbine transport deugro and partners Siemens and Amasus will build and deploy two specialized offshore wind ro-ro vessels able to accommodate increasingly large wind turbine components. deugro orders customized ro-ro newbuildings for wind turbine transport Journal of Commerce
Read More →Don’t equate ‘normal’ ocean shipping market to stability: analyst
on May 24, 2023in Industry News
Don’t equate ‘normal’ ocean shipping market to stability: analyst While indicators may point to a “normal” container shipping market in the wake of the pandemic, it is important to remember that disruptions large and small are all part of that normality, writes analyst Lars Jensen. Don’t equate ‘normal’ ocean shipping market to stability: analyst Journal […]
Read More →LTL carrier Roadrunner finds faster network attracts more freight
on May 24, 2023in Industry News
LTL carrier Roadrunner finds faster network attracts more freight More freight density, a tighter point-to-point network and better data have enabled successive rounds of transit time cuts at Roadrunner, which company executives claim is gaining shipments. LTL carrier Roadrunner finds faster network attracts more freight Journal of Commerce
Read More →Shippers, regulators muddle through ‘grey area’ of rail storage fees
on May 24, 2023in Industry News
Shippers, regulators muddle through ‘grey area’ of rail storage fees Shippers want Congress to address their inability to challenge rail demurrage fees when they contract for merchant haulage, but finding a solution will be tricky, writes Journal of Commerce Executive Editor Mark Szakonyi. Shippers, regulators muddle through ‘grey area’ of rail storage fees Journal of […]
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