Top Story in Ocean
Partners from a wide variety of industries come together to create the 11th Plug and Play vertical focused on global startups that aim to rebuild the technology behind supply chain and logistics.
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A potential supply chain meltdown resulting from Hanjin Shipping’s bankruptcy has been averted at the Port of Oakland. (September 26, 2016)
August volumes at the Port of Los Angeles (POLA) and Port of Long Beach (POLB) were mixed according to data recently issued by the ports. (September 20, 2016)
A Transpacific shipping route linking Asia and the U.S. will add weekly Port of Oakland stops beginning in November. (September 13, 2016)
After two years on the job, Port of Long Beach’s CEO Jon Slangerup abruptly announced he would step down as head of the nation’s second largest port, effective Oct. 31. (September 10, 2016)
The Federal Maritime Commission has established a protocol for communicating requests for assistance to the agency concerning developments related to the status of Hanjin Shipping. (September 06, 2016)
With Korean ocean carrier Hanjin Shipping, the seventh largest ocean liner in the world that handles roughly 7% of U.S.-Asia cargo, filing for bankruptcy earlier this week, what happens next in regards to what happens to the cargo that was moving on Hanjin vessels at that time, as well as its subsequent short-term impact on the global supply chain remains far from clear. (September 02, 2016)
When Maersk Line, the world’s largest ocean cargo container company, announced last month that it would stop services to and from 10 ports in China, shipping experts reckoned that it was primarily a move to reduce costs. (September 01, 2016)
The ambitious goal to end the imposition of container shipping surcharges within five years has been adopted by the GSF at its Annual Meeting in Colombo, Sri Lanka. (August 18, 2016)
Declining freight volumes and reconfigured container vessel deployments may give Asia’s ports time to regroup, say industry analysts, who add that investment in infrastructure is badly needed. (August 15, 2016)
Total July POLA volume at 687,891 TEU (Twenty-Foot Equivalent Units) was down 1.61 percent annually and ahead of June’s 676,006 TEU. July volumes at POLB saw a 7.7 percent annual decline at 637,091 TEU, which was ahead of May’s 603,339 TEU.
(August 15, 2016)
Total intermodal volume movements—at 4,271,162—were down 6.1 percent annually and failed to keep up the momentum from the first quarter of 2016, which looked good by comparison with a 2.0 percent annual gain.
(August 05, 2016)
Ship owners are investing in optimization, but now the shipper has a role to play in helping an operator innovate by adjusting their own operations and aligning to be a desirable partner. (August 03, 2016)
As carrier consolidation and reconfigured deployment schedules become old news, contrarian views suggest that some unexpected consequences may be on the horizon for logistics managers. A prominent shipper, retail analyst, and international trade specialist advise a measured approach for the future. Ocean freight news, State of Ocean Freight 2016, Ocean Freight News, Ocean Cargo Update 2016 (August 03, 2016)
With ocean cargo shipping analysts predicting a return to fairly robust peak season volumes on the U.S. West Coast, stakeholders are adamant that port congestion need not be an issue once again. Ocean ports update 2016, Ocean Cargo Ports News, Ocean Freight News, Port of Oakland (August 02, 2016)
(August 01, 2016)