Why container lines should fear the low sulfur rule With each passing day, the realization grows that the sulfur cap on bunker fuel will have a profound effect on shipping. The rule, imposed by the International Maritime Organization, will reduce permissible sulfur emissions from vessels to 0.5 percent from 3.5 percent beginning Jan. 1, 2020. Container carriers, […]
Read More →MPV/HL sector attracting investment interest once again
on August 11, 2018in Industry News
MPV/HL sector attracting investment interest once again Improving demand, tightening capacity, and lessening competition from other segments is brightening the outlook for the multipurpose and heavy-lift fleet. And there are other signs of recovery. (Above: A crane elevates a heavy lift item onto a ship for transport.) Photo credit: Shutterstock.com. Improving demand, tightening capacity, and […]
Read More →Brazil’s Wilport doubles Lake of Ducks feeder capacity on rising demand
on August 10, 2018in Industry News
Brazil’s Wilport doubles Lake of Ducks feeder capacity on rising demand Brazil’s Wilport Portuarias Operadores, part of the diversified Wilson, Sons shipping group, has already handled more than 20,000 TEU this year, thanks in great deal to its popular feeder service between Porto Alegre/Triunfo and Tecon Rio Grande (TRG). And there are strong indications that […]
Read More →US import scarcity grants trans-Pac carriers pricing control
on August 10, 2018in Industry News
US import scarcity grants trans-Pac carriers pricing control Space is so tight today in the eastbound Pacific, and ocean carriers have been so clever in managing it, that some BCOs are paying higher than spot rates to get their shipments on vessels leaving Asia. However, there is qualifier to that trend shippers should know about. […]
Read More →Container lines should fear the low sulfur rule
on August 10, 2018in Industry News
Container lines should fear the low sulfur rule Unless ocean carriers radically change the paradigm on how they go to market, the Jan. 1, 2020 sulfur cap on bunker fuel will represent another cost that carriers fail to pass on to customers. How many other industries operate this way? (Above: Container ships at the Port […]
Read More →Are US railroads missing out on intermodal volume?
on August 9, 2018in Industry News
Are US railroads missing out on intermodal volume? In an era in which considerable, new, intermodal business is there, US railroads argue they need to balance the interests of investors and shippers. Shippers argue there hasn’t been a balance. Photo credit: Shutterstock.com. The demand is there for Class I railroads as US shippers are desperate […]
Read More →Indian transshipment at foreign hubs jumped last fiscal year
on August 9, 2018in Industry News
Indian transshipment at foreign hubs jumped last fiscal year Transshipment traffic is the cargo that is transported between an Indian port and an international “hub” port, when direct mainline connections are not available. (Above: Visakhapatnam Port, India.) Photo credit: Shutterstock.com. An analysis of the latest, provisional Indian transshipment trade data obtained by JOC.com appears to […]
Read More →IBM-Maersk blockchain effort builds with nearly 100 users
on August 9, 2018in Industry News
IBM-Maersk blockchain effort builds with nearly 100 users Maersk and IBM have fleshed out their designs for an industry-wide blockchain solution – an open-source platform called TradeLens. There are a host of other blockchain initiatives in development, but as one stakeholder noted, they joined the Maresk-IBM venture based of Maesk’s history of innovation and […]
Read More →Former Amazon exec targets LTL data to speed-up XPO
on August 8, 2018in Industry News
Former Amazon exec targets LTL data to speed-up XPO Fresh from Amazon’s transportation shop, Kenny Wagers sees technology and integration within XPO as the keys to accelerating LTL growth. Photo credit: XPO Logistics. Shippers don’t just want capacity from US trucking companies, they want speed. But with tractor-trailers nearly bursting with freight, and truckers driving […]
Read More →UP-CSX interchange changes send shippers scrambling
on August 8, 2018in Industry News
UP-CSX interchange changes send shippers scrambling Union Pacific (UP) sent a notice to shippers Friday that UMAX interline service would cease in 197 lanes on Sept. 17, blaming CSX service changes. CSX said the service change was necessary to manage evolving needs, the first step in CEO Jim Foote’s vision to implement precision railroading […]
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