Ocean Freight

E2open today announced the completion of the acquisition of INTTRA following regulatory approval.

With 1,144,033 shipments, October was up 11.9% annually, which Panjiva said marks the fastest rate of growth for monthly shipments going back to March 2014.

The annual event is hosted by INTTRA, a leading ocean shipping network, software and information provider which was acquired by E2Open last month.

October volumes at the Port of Los Angeles (POLA) and the Port of Long Beach (POLB) saw strong growth, according to data respectively issued by each port this week.

United States-bound imports trended down from the pre-holiday peak while still coming in at higher-than-usual levels, with retailers importing merchandise in advance of a coming tariff increase in January, according to the new edition of the Port Tracker report issued today by the National Retail Federation (NRF) and maritime consultancy Hackett Associates.

Earlier this week, Chicago-based project44, a technology services provider offering standardized, secure Web service API (application programming interfaces) integrations enabling 3PLs and shippers to connect with carriers in real time, said that its advanced visibility offerings are now available within the Oracle Transportation Management Cloud and Oracle Transportation Management version 6.4.2 or higher.

September shipments, at 1,050,900, were up 7.3% compared to September 2017, and on a year-to-date basis through September they are up 5.7% to 9,116,507.

FedEx said that when the transaction is made official Manton will be a subsidiary of the its FedEx Trade Networks operating company.

SMC3 explained that volume pricing rates are leveraged by shippers and 3PLs when they need a spot quote for shipments that do not fit within traditional LTL or truckload parameters.

POLA reported that total volume for the month, at 801,264 TEU (twenty-foot equivalents) saw a 4.9% annual gain, marking the best September volume output for in its 111 years of operation. POLB handled 701,204 TEU in September, which was essentially flat on an annual basis, with a 0.1% decline.

Even with a new round of tariffs having recently gone into effect, United States-bound imports are pegged to stay at what are being described as record-high levels, according to data in the new edition of the Port Tracker report, which was issued today by the National Retail Federation (NRF) and maritime consultancy Hackett Associates.

As more vessels are scrapped and new ships are launched, industry analysts are forecasting a long overdue rebound in the breakbulk sector.

The evolution of autonomous vessels and the need for improved liquid natural gas (LNG) transport and delivery are shaping the future of European logistics—and opening new doors for cooperation between the EU and the United States. Stakeholders on both sides of the Atlantic say that it’s time for more collaboration, not confrontation.

Peter Moore on Ocean Carrier breakbulk upgrades