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Ocean Top Stories

US Container Traffic Boosted by Back-to-School Rush
A bump in imports to the U.S. could be on the horizon, following a strong back-to-school season that indicate cargo volumes could reach 2 million TEUs during September and October.
Moody’s: Carbon Offsets Open Supply Chains Up to Financial, Reputational Risks
A new report from Moody's finds that companies that rely on buying carbon offsets as an emisisons-reduction strategy could face financial and reputational harm.
5 Tips to Help Your Supply Chain Navigate Panama Canal Restrictions
As the drought continues to hamper ocean vessel traffic in the Panama Canal, AlixPartners offers tips on how shippers can manage the current crisis.
Panama Canal Backlog Threatens Holiday Inventories
Low water levels have caused a backlog of container vessels at the Panama Canal, and that could impact the ability of businesses to restock inventories in time for the holiday shopping season.

Ocean Resources

2023 Container Shipping Outlook: This Time is Different
The days of maximum turmoil in the container shipping industry appear to have passed, but that doesn’t...
What’s the Return-on-Investment of an Ocean Freight Tracking System?
In this paper, we aim to demonstrate how the strategic use of OFTS can drive tangible business benefits....

Ocean News

Hanjin Shipping is Officially Bankrupt
A South Korean court on Friday pulled the plug on Hanjin Shipping Co., declaring it bankrupt and ordering the liquidation of a company that has led the country’s shipping industry for the past four decades.

Amazon Enters Trillion Dollar Ocean Freight Business
Amazon has begun shipping products from Chinese merchant partners to its U.S. warehouses via ocean freighters, this is something it used to outsource exclusively, and another piece of the overall shipping and logistics picture that it’s now controlling directly, at least in part.

Panama Canal Welcomes the Largest Capacity Vessel To-Date Through its Expanded Locks
The Panama Canal welcomed the largest capacity vessel to-date to transit the expanded locks, Hapag-Lloyd's Valparaiso Express, the 10,589 TEU Neopanamax containership was specifically built to take advantage of the greater capacity offered by the Expanded Panama Canal.

Maersk Continues Ocean Carrier Consolidation Trend, Says It Will Acquire Hamburg Süd
With the acquisition, Maersk Line will have container capacity of around 3.8 million TEU and an 18.6% global capacity share, the combined fleet will consist of 741 container vessels with an average age of 8.7 years.

AAPA Seaports Magazine Fall 2016
August was a busy month for AAPA and three of its member ports that participated in “Influencers Roundtables,” industry forums and port tours.

AAPA Provides Trump Transition Team with Port Industry’s Policy Platform Recommendations
Ports platform includes land & water freight transportation investments, port security and environmental enhancements.

Marine’s Digital Revolution
The Marine industry faces substantial pressure: global trade has decelerated and commodity prices have declined, just as a prolonged shipbuilding cycle resulted in significant overcapacity, and the ensuing struggle for market share, via fiercer competition and consolidation, underscores the need for greater efficiency in shipping.

GE’s Digital Transformation an Ocean of a Difference
With the fast-paced changes of globally connected economies and shifting regional opportunities, marine operators need to transform themselves to be efficient and predictable.

Port of Los Angeles and GE Transportation Partner to Digitize Maritime Shipping
The Port of Los Angeles and GE Transportation are partnering to digitize maritime shipping to help goods reach consumers faster using a first-of-its-kind port information portal, which will deliver fast, data-driven insights to enhance maritime supply chain performance and better serve ultra-large container vessels.

Weak Global Freight Rates Sink Maersk Shares
A.P. Møller - Mærsk A/S, the world's largest shipping company by capacity, announced a slump in third-quarter profits on Wednesday due to low freight prices which it said were down 16 percent year-on-year.

Japanese Lines Mergers All About Scale and Survival
The announcement that three Japanese shipping groups will merge their liner shipping businesses is further evidence of survival M&A sweeping the industry according to global shipping consultancy Drewry.

U.S. Dept. of Commerce Partners with USC Marshall Center to Advance Nation’s Supply Chain
A strategic partnership with the USC Marshall Center for Global Supply Chain Management aimed at improving the global competitiveness of the nation’s supply chains was signed by U.S. Commerce Secretary Penny Pritzker.

Seaport of the Future - Optimizing and Securing Cargo Movement
If seaport tenants cannot safely and efficiently operate their businesses, including moving cargo on and off ships, repairing vessels, and ensuring that ships are adequately supplied, it is the seaport that will ultimately suffer through lost business as shippers move to other ports and volume declines.

A Revolution in Tracking Container Rates
The finances needed to run a carrier today are enormous, as are the risks to shippers that a carrier disappears suddenly and rates quadruple; a hedging ability would remove much of the financial risk that continues to threaten the container industry today.

Reducing Global Logistics Costs with Benchmarking and Shipping Container Pricing Transparency
In this report, we examine Best-in-Class companies’ performance on their global logistics costs and how benchmarking and pricing transparency for shipping containers can improve their global cost structure.

The Hanjin Effect: The End of Shipping as we Know It
Hanjin’s collapse could not have happened at a worse time, with cargo volume at near-peak levels ahead of the year-end holiday season.

Pricing For Profit in the Container Shipping Industry
Research shows that effective price management can increase margins by 2 to 7% in as little as 12 months, and yield a 200 to 350% return on investment.

Maersk New Acquisition Strategy Might Target Both Hanjin and Hyundai Assets
AP Moeller-Maersk A/S's container line, which this month ditched a strategy of building new vessels and will instead try to grow through acquisitions, is targeting South Korea's two biggest shipping firms, according to Jefferies International Ltd.

The $120 Billion Kink in the Global Supply Chain
The economic impacts of the Hanjin Shipping bankruptcy are unclear, but seeing as how an 8-day strike in California ports skewed economic data for months and that Hanjin handled 8% of US Pacific trade, we're guessing there will be some economic effect.

Port of Long Beach CEO Jon Slangerup Resigns
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.

Featured Companies

Landstar’s network of independent agents and transportation capacity providers offers greater flexibility and a local presence that has a global reach. The Landstar network is unmatched in the industry. With 1,300 independent agents, 10,000+ leased owner operators, 16,000+ trailers and 59,000 other available…
A freight forwarder reinvented with technology. iContainers is the cutting edge web platform with which importers exporters compare rates in real time and manage their maritime shipments quickly and easily from beginning to end. The technology at iContainers makes it…
John S. Connor
John S. Connor handles sea freight and air freight, domestic transportation and project freight. It also offers steamship agency services which specialize in bulk commodities at the ports of Baltimore, Philadelphia, New York and Norfolk. The firm has been an…
Mach1 Global Services
Mach 1 Global Services, Inc., is a women-owned multi-national transportation and supply chain logistics provider.  Established in 1988, Mach 1 Global Services is the 31st largest privately held corporation in Arizona and employs over 230 industry professionals at its 34 company-owned offices worldwide.
Scarbrough International
Headquartered in the heart of America, Kansas City, Missouri – Scarbrough International, Ltd. is a full service international and domestic logistics provider with offices throughout the Midwest USA. With an office in Shanghai and partner offices in each country across the…
MODE Transportation
Since 1989, MODE Transportation has been focused on delivering trusted freight solutions across all modes of shipping, including intermodal, truckload, less-than-truckload, air, sea, supply chain and parcel services. With more than 100 operations centers across North America, a diverse network of carriers…
Maersk Line
Maersk Line, the global containerized division of the A.P. Moller – Maersk Group, is dedicated to delivering the highest level of customer-focused and reliable ocean transportation services. The Maersk Line fleet comprises more than 600 vessels and a number of containers…
Whether you manage freight moving via truckload, LTL, rail, ocean or air, you’ll find value in belonging to NASSTRAC. Otherwise known as the National Shippers Strategic Transportation Council, NASSTRAC has been providing education, advocacy, and provider relations opportunities since 1952.
Jacobson Companies
Jacobson Companies is a leading third party logistics company offering end-to-end supply chain management solutions around the globe. A Des Moines, Iowa, based company, Jacobson’s extensive network includes 195 facilities worldwide operating 35 million square feet of warehouse space. Jacobson also…
Delcan is a multidisciplinary engineering, planning, management and technology firm that provides a broad range of integrated systems and infrastructure solutions. As an award-winning company, Delcan has gained international recognition by virtue of our innovation, quality and commitment to clients.…
All Ocean Companies
All Companies

Featured Downloads

Becoming a Shipper of Choice
Becoming a Shipper of Choice
C3 solutions' scheduling software streamlines the shipping process.
Thinking Differently About Supply Chain Planning
Thinking Differently About Supply Chain Planning
Political landscapes shift overnight, global trade is constantly changing, consumers demand increasingly personalized service and smaller day-to-day challenges hit without warning. If...

Rapidly Improve the Performance of Your Warehouse Logistics
Rapidly Improve the Performance of Your Warehouse Logistics
The Rapid Performance Evaluation identifies opportunities and potential improvements in every aspect of warehouse logistics operations; performance, productivity, service, quality, and systems.
Resource Management System (RMS): How to Effectively Leverage Your Assets
Resource Management System (RMS): How to Effectively Leverage Your Assets
This guide provides an in-depth analysis of the potential of various resources available in a warehouse and how they can be utilized...
Sustainable Supply Chain Insights From PITT OHIO
Sustainable Supply Chain Insights From PITT OHIO
A whitepaper on supply chain insights gleaned at the LEED-certified gold Cleveland transportation and sustainability summit.