Ocean bid tip: diversify your carrier alliances!

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With so many container lines out there to choose from it’s easy to forget that despite their numbers there really are fewer choices than it seems when you consider carrier alliances and vessel sharing partners. If you are large enough to deal in direct carrier contracts with container lines, then you would be wise to [...]

Understanding Bunker Fuel: is there a relationship to crude prices?

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Unless you work for an ocean container line, there seems to be a lot of confusion regarding bunker fuel costs and how they play into ocean container costs and BAF (Bunker Adjustment Factor – fuel surcharge for container lines).  This is especially compounded when folks look at the headlines in regards to crude oil prices [...]

Top 30 Cargo Airports 2009

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A reader named Greg alerted to us that we haven’t posted an updated list of the top cargo airports in the world for some time (thanks). While I haven’t received or found an updated top 50 list from Air Cargo World or elsewhere, there is this handy list that gets reported by Airports Council International: [...]

“The KFC Index” – One way of looking at China inflation statistics

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I’ve mentioned Patrick Chovanec’s blog before, today he has an interesting post that illustrates how inflation can very much be a psychological phenomenon: by way of his personal experience with rising local KFC prices: How does my KFC experience in Beijing compare? A year ago, my standard meal cost RMB 21.50. A couple of months [...]

Mumbai vessel collision update: Ports to reopen August 15th

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UPDATE – August 13, 2010: First, an update on port operations: India’s two biggest ports, the Jawaharlal Nehru Port and Mumbai Port, conducted limited operations on Friday. ———————————————————————————– Salvagers cleared about 60 of the 300 containers that fell off of the MSC Chitra and spilled into the main channel of Mumbai Harbor, blocking the entrance [...]

Cargo ships collide at Mumbai – all inbound and outbound sailings suspended

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If you source from India and your logistics service provider is any good, hopefully they’ve already given you a heads up. There was a major accident in Mumbai harbor when the vessel MV Khalijia III, carrying steel coils, and a container ship, the 2,314 TEU MSC Chitra, collided on Saturday. There were no reported injuries [...]

China’s rising labor costs: will it hurt their competitiveness?

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Patrick Chovanec is a professor at Tsinghua University’s School of Economics and Management in Beijing. I first stumbled upon him when I found a very interesting post of his on what he called “The Nine Nations of China” which broke down China into 9 distinct regions, which I highly recommend you check out. Since then [...]

2010 Retail container imports may have peaked

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According to the NRF (National Retail Federation’s) monthly July Global Port Tracker report: “The traditional peak season may be melting away,” said Ben Hackett, founder of Hackett Associates, which produces the Port Tracker for the NRF. The report said double-digit increases in June and July apparently were swollen by backlogs that developed earlier this year [...]

TSA announces huge $500/FEU rate increase

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…for eastbound Pacific cargo. HAHAHAHAHAHAHA….oh wait, you’re actually serious? Shipping lines in the eastbound Pacific announced a huge rate increase effective Aug. 10 of $500 per 40-foot container, which would require an unprecedented renegotiation of service contracts if the lines can pull it off. The Transpacific Stabilization Agreement, a discussion group of 14 carriers in [...]

Popularity in using ocean containers for housing grows

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As of an hour ago it was a front page news item on Yahoo!: While a number of resourceful people have converted shipping containers into make-shift shelters at the margin of society for years, architects and green designers are also increasingly turning to the strong, cheap boxes as source building blocks. Shipping containers can be [...]

Breaking News: Court rules against LA/Long Beach Clean Truck Program

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Via TheTrucker.com: The U.S. Court of Appeals for the Ninth Circuit ruled in favor of the American Trucking Associations (ATA) today in its lawsuit seeking an injunction against the Ports of Los Angeles and Long Beach Concession Plans. The three-judge panel ruled unanimously to remand the case to the U.S. District Court and indicated that [...]

Hong Kong Air Cargo Traffic: down 20%

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According to this article in Todayonline: Hong Kong International Airport (HKIA) said it handled 198,000 tonnes of cargo in February, 19.7 percent less than the same month last year, as the global economic downturn took its toll. February’s fall was despite this year’s Chinese New Year celebrations falling earlier than in 2008, which meant that [...]