Transpacific Stabilization Agreement carriers announce September 1 rate hike


Member container shipping companies in the Transpacific Stabilization Agreement have announced an across the board general rate increase (GRI) of $600 per FEU to all destinations. Reason for the planned GRI is due to continued strong demand and high vessel utilization levels in the past few months. They anticipate the strong demand lasting through September. [...]

Remote Controlled Container Ships

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Lots of buzz recently regarding the use of drones to revolutionize the supply chain industry. Google is apparently developing driverless cars and earlier this year announced future plans to implement a drone delivery service. The latest in the unmanned transportation arena is the announcement by Rolls Royce regarding the possibility of remote controlled ocean [...]

Maersk Line Revives Sealand Name

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Maersk Line recently announced the the formation of a regional containerized shipping company that will service the intra-Americas region. The name of the new affiliate will be called Sealand. According to a Maersk Line press release, the new affiliate will operate similar to the company’s other regional carriers including; intra-Asia carrier MCC Transport and intra-Europe [...]

2013 Peak Season Fast Approaching

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  It’s that time of year again; the Peak Season shipping season is nearly here.  The topic of PSS during my contract negotiations this past April was an interesting one in that many of my carriers were willing to add a no PSS clause into our contracts.  Prior year’s contract negotiations were much more difficult [...]

APL, ANL, Hanjin Shipping to Launch Joint Intra-Asia Service

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APL, ANL and Hanjin Shipping recently joined forces to offer a new weekly service covering Asia, Australia and New Zealand. The new service, with an expected launch date of September 1, 2013, will be called the New Zealand – Asia Express (NAX) service and will operate via a vessel sharing agreement between the three companies.  [...]

Zepol Reports April Vessel Imports Rise 9.2%


FOR IMMEDIATE RELEASE: Zepol Reports April Vessel Imports Rise 9.2% Vessel imports show large increases for the second consecutive month MINNEAPOLIS, May 10, 2012 — Zepol Corporation, the leading trade intelligence company, reports that U.S. import shipment volume for April, measured in TEUs, increased 9.2% from March and 7.2% from April of 2011. So far [...]

Port Klang Port Trucker Protest


I just received word that approximately 1,000 Port Klang drayage truck drivers staged a two hour protest at the port to complain about recent fee hikes and operational delays at the port. I was advised by a contact at a local logistics company that although the protest was only expected to last a couple of [...]

Ocean bid tip: diversify your carrier alliances!


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?


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 [...]

2011 Ocean Rates


The first round of carrier negotiations are in the books for my company and as usual carrier rates are all over the board. With all of my responses in, the average difference between the lowest offering and the highest is roughly $700 to $800 per 40′ out of China base ports to the US. Needless [...]

Live from TPM!


Check out our live twitter feeds from the 2011 TPM conference via our Twitter page. Link updated.

Ocean freight rates on the decline?


Anyone else notice that ocean freight rates are declining? I was recently approached by an NVO with rates out of China to the U.S. that are approximately $100 to $200 lower than what was offered back in November. Even with the carriers implementing a pre-Chinese New Year peak, rates appear to be headed in a [...]