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Chris Dupin

Chris Dupin has written about trade and transportation and other business subjects for a variety of publications before joining American Shipper and Freightwaves.
Mar - 2019 -
05 March
Chris Dupin

IMO 2020 low-sulfur regulation costs weighed

Demand for container shipping in the transpacific was another major topic at TPM19.

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04 March
Chris Dupin

CMA CGM volume, revenue increase in 2018

French carrier says CEVA acquisition will create $30 billion company offering door-to-door logistics.

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01 March
Chris Dupin

APMT opens terminal in Costa Rica

Built at a cost of $1 billion, the Moín terminal will be used to move refrigerated cargo to Europe and Asia

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Feb - 2019 -
28 February
Chris Dupin

IMO 2020 mandate looms large for container industry

Consulting firm says requirement to use low-sulfur fuel could raise costs by $10 billion for industry.

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Chris Dupin

Roadrunner raises $450 million to speed up ‘recovery’

Simplification and improvement of capital structure will support long-term business plans, says the logistics and transportation company.

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27 February
Chris Dupin

Kuehne + Nagel aims to grow twice as fast as market

The Switzerland-based freight forwarder and logistics company reports both increased sales and profit for 2018.

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Chris Dupin

APL offering high-speed rail service to Midwest

The service will be paired with APL’s Eagle Express X transpacific service.

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Chris Dupin

Matson ship being repaired after minor oil leak

The ship Kauai will be moving cargo to and from Hawaii while Matsonia undergoes repairs.

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26 February
Chris Dupin

Lineage Logistics acquiring Preferred Freezer Services

The deal appears to make Lineage the world’s largest operator of temperature controlled warehouses.

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Chris Dupin

Delivery firm Roadie raises $37 million

Home Deport is among the latest investors in the same day delivery company.

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25 February
Chris Dupin

Hapag-Lloyd reports higher revenues, earnings in 2018

Rising volumes and “reasonable” orders for new ships expected to result in improving balance of supply and demand in the container shipping industry.

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Chris Dupin

Matson’s diversity helps lift revenues

China service, terminals and logistics outweigh ongoing competitive situation in Guam and lower southbound volume in Alaska.

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21 February
Chris Dupin

Maersk calls 2019 a year of ‘considerable uncertainties’

The company says freight rates are higher as it begins contract negotiations with North American shippers.

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Chris Dupin

Port of Long Beach looks to deepen, widen channels

With deeper channels, longer and wider ships will be able to move to and from berths without having to wait for high tides.

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20 February
Chris Dupin

BIMCO sees ‘tough’ 2019 for long-haul container trade

Analyst predicts a slowdown in U.S. containerized imports and continuing shift to to East Coast ports.

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19 February
Chris Dupin

Concerns fielded about proposed Oakland ballpark

Maritime groups tell California legislators not to give special treatment to Oakland Athletics.

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18 February
Chris Dupin

Port of Hamburg highlights rail growth

While contaner volumes were flat in 2018, more cargo is moving to and from the port by rail.

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15 February
Chris Dupin

Panalpina in talks with Agility as DSV sweetens its offer

The Swiss forwarding company Panalpina and Kuwait-based Agility talk “partnership opportunities” while the Danish firm DSV makes an all-cash offer for Panalpina.

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Chris Dupin

XPO shares plunge after earnings miss

FedEx shares also tumble over speculation that Amazon may handle more logistics work in house.

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14 February
Chris Dupin

Maersk enters into deal for low-sulfur fuel

Philadelphia-area company will supply fuel equal to about 10 percent of Maersk’s needs

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Chris Dupin

Triton International expects favorable conditions in 2019

World’s largest container lessor says customer demand was supported by solid trade growth and increased reliance by carriers on leased containers.

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13 February
Chris Dupin

Maersk lays out global customs brokerage ambitions

Customs house brokerage is a “sticky” service, and that’s what makes it attractive.

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Chris Dupin

Redwood Logistics driving to double in size

Backed by CI Capital, the Chicago-based company already has made two acquisitions this year.

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12 February
Chris Dupin

Maersk acquires Vandegrift to grow customs brokerage

Maersk said its purchase will increase its North American customs staff from 80 to 250.

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Chris Dupin

HMM reports operating loss of $513 million in 2018

But Hyundai Merchant Marine saw growing revenue and a smaller operating loss in the fourth quarter.

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11 February
Chris Dupin

Redwood Logistics acquiring Chicago neighbor Strive

The two firms will create a multimodal logistics company with more than $1 billion in freight under management.

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08 February
Chris Dupin

Year-over-year air cargo growth lower in 2018

The International Air Transportation Association expects a slightly higher figure — 3.7 percent growth — in 2019.

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07 February
Chris Dupin

DSV is still keen on acquisitions

CEO Jens Bjørn Andersen tells analysts consolidation makes sense in an “extremely fragmented” 3PL industry.

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06 February
Chris Dupin

‘Small uplift’ expected in contract freight rates

Drewry says carriers will focus on making sure they can recover higher fuel costs.

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Chris Dupin

Seattle terminal $300 million upgrade recommended

Northwest Seaport Alliance may lease to Stevedoring Services of America and MSC’s Terminal International Ltd.

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04 February
Chris Dupin

Panalpina rejects acquisition bid by DSV

Swiss foundation owning 46 percent of Panalpina does not support offer from Denmark’s DSV.

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Chris Dupin

APL ship on fire off coast of Vietnam

A Hapag-Lloyd ship that caught fire early in January is now moored off Freeport, Bahamas.

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Chris Dupin

Intermodal volumes up 5.6 percent in 2018

Volumes tapered off in the fourth quarter, growing 4.2 percent year-over-year.

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01 February
Chris Dupin

Moves made to merge Korean shipyards

Korea Development Bank is taking steps to merge Daewoo Shipbuilding and Hyundai Heavy Industries, but says Samsung may bid.

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Jan - 2019 -
31 January
Chris Dupin

ONE says third-quarter loss was smaller than forecast

The joint venture of Japan’s three largest shipping companies said it benefited from the rush to get cargo into the U.S. ahead of threatened tariff increase.

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30 January
Chris Dupin

CN envisions Halifax as ‘Prince Rupert of the East’

Railway officials discussed plans to grow intermodal cargo and develop the Nova Scotia port during this week’s earnings call.

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Chris Dupin

Los Angeles highlights ‘digital transformation’

Port handled 9.5 million TEUs in 2018 and believes technology can help solve “persistent systemic problems.”

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Chris Dupin

Port of Savannah moves record 4.35 million TEUs

Container volumes increased 7.5 percent; the port is dredging and adding cranes, truck gates and rail capacity to accommodate more growth.

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29 January
Chris Dupin

Shippers may favor contracts over spot movements

Shippers in the transpacific trade should consider moving more of their cargo under contract rates and look at joining a shippers association or buying group because of the trade war […]

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28 January
Chris Dupin

CMA CGM makes offer for additional CEVA shares

CEVA’s board says the offer is friendly but shareholders may do better if they hold onto their shares.

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Chris Dupin

ILWU blasts plan to automate Los Angeles terminal

International Longshore and Warehouse Union says plan to automate Pier 400 puts robots ahead of people.

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Chris Dupin

Higher rates lift OOCL transpacific revenues

Transpacific revenues up 26 percent in fourth quarter of 2018 on 6.1 percent volume growth.

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24 January
Chris Dupin

Port of Long Beach optimistic about more growth in 2019

Executive Director Mario Cordero says even after a record 2018 the port is hopeful for additional volumes.

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23 January
Chris Dupin

Detention, demurrage ‘pain point’ in international trade

National Industrial Transportation League panel focuses on ways to reform charges.

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22 January
Chris Dupin

CMA CGM and OOCL reportedly ordering containerships

More than 1 million TEUs will be delivered in 2019 and 2020, according to forecasts.

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21 January
Chris Dupin

Heavy volumes increase congestion at major ports

Relief is expected when volumes dip after Lunar New Year, which begins Feb. 5.

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Chris Dupin

China Navigation buys Hamburg Süd’s bulk shipping arm

Since Maersk acquired Hamburg Süd in 2017, it is focusing on the container liner business.

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Chris Dupin

J.B. Hunt’s earnings fall despite higher revenues

Net earnings for 2018 totaled $490 million, down from $686 million in 2017.

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18 January
Chris Dupin

Port of Los Angeles tenants trim operations

SpaceX’s lease on a 19-acre site at the port will end in February, while Cal Cartage will close its warehouse on an 85-acre site in July.

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17 January
Chris Dupin

OCEAN Alliance to revise global network

Set to launch in April, the network will involve the deployment of about 330 containerships with a carrying capacity of around 3.8 million TEUs across 38 services.

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Chris Dupin

SC Ports plans barge service

The barge would move containers between the Wando Welch and Hugh K. Leatherman terminals.

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Chris Dupin

Port of Oakland wary over trade war after record 2018

The port handled a record amount of container volumes in 2018, but the outlook for the coming year is uncertain, according to the port’s maritime director.

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16 January
Chris Dupin

DSV makes acquisition bid for Panalpina

Months after being rejected by CEVA, the Danish logistics company offered $4 billion for Panalpina.

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Chris Dupin

Street turn interest continues to grow

There is growing interest in interchanging equipment between importers and exporters at locations other than marine terminals and container yards.

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15 January
Chris Dupin

Maersk to use Avantida platform for street turns

The carrier will use the Belgium-based service to approve the triangulation of containers in the United States and Canada.

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Chris Dupin

Teamsters: Supreme Court decision ‘great victory’ for drivers

The union says truck drivers will be prevented from waiving their rights through private arbitration agreements; the decision may spark class action lawsuits against owner-operator fleets.

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14 January
Chris Dupin

Focus on logistics could blunt new ship orders

But the outlook for 2019 is muddled by the U.S.-China trade war.

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Chris Dupin

SecūrSpace secures spots to store trailers, containers

Now the Airbnb-like startup with an online marketplace serving shippers, truckers and logistics companies has secured a partnership with ITS ConGlobal.

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Chris Dupin

Maersk Honam to be rebuilt in South Korea

The 15,262-TEU containership was heavily damaged in a March 2018 fire that killed five crewmen.

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11 January
Chris Dupin

Teamsters claiming win in driver classification battle

But Harbor Trucking Association says the union is misrepresenting California labor decisions.

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Chris Dupin

Agriculture shippers sound alarm over street turn fees

Penalty will make congestion and air pollution worse, say truckers and shippers.

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Chris Dupin

Sincerity Ace under tow following fire in Pacific

Owner of car carrier that caught fire on New Year’s Eve says the cause of the fire still is undetermined.

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10 January
Chris Dupin

ZIM and 2M expand cooperation

ZIM, Maersk and MSC announce that they will share space on four additional services.

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09 January
Chris Dupin

Hyundai Merchant Marine prepares for ‘quantum leap’

HMM said it increased volume 150 percent in two years as it prepares for megaship deliveries in 2020.

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Chris Dupin

Container terminals still ‘solid, profitable business’

But Drewry’s senior analyst of ports and terminals cautions growth will slow in 2019.

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08 January
Chris Dupin

Number of containership fires is ‘shocking’

Allianz consultant is concerned that risk is being normalized in the shipping industry.

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07 January
04 January
Chris Dupin

Protectionism concerns Japanese shipping execs

Leaders of NYK, MOL and “K” Line also highlight the challenge of IMO sulfur regulations.

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Chris Dupin

David Arian, L.A. harbor commissioner, labor leader, dies

Arian was the president of the International Longshore and Warehouse Union from 1991 to 1994 and also served as president of Local 13 in Los Angeles.

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03 January
Chris Dupin

More than 250 containers washed off MSC ship

German authorities say some of the containers have come ashore in the Netherlands.

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Chris Dupin

Maersk Container Industry will focus on reefers

The container manufacturing unit of A.P. Møller – Maersk says it is shutting down a factory in Dongguan, China that made dry, non-refrigerated containers.

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02 January
Chris Dupin

MOL car carrier on fire in western Pacific

Sixteen crew members are rescued, four are unresponsive and another is missing.

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Chris Dupin

Ship Finance acquires two 19,400-TEU ships

The vessels are chartered to “one of the world’s largest liner companies.”

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Chris Dupin

Fashion associations for shippers to merge

The Fashion Jewelry & Accessories Trade Association will join the Fashion Accessories Shippers Association as part of Gemini Shippers Group.

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Dec - 2018 -
28 December
Chris Dupin

Shippers want clear guidance on Brexit

Trade associations warn of big disturbances in the event of a “cliff-edge” withdrawal.

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27 December
Chris Dupin

Report says Maersk eyeing trucking, warehousing

CEO Soren Skou tells Financial Times the company needs to do acquisitions in the logistics space.

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Chris Dupin

Port of New York/New Jersey chassis supply improves

TRAC Intermodal says inventory optimization as well as new and added equipment have eased shortages.

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21 December
Chris Dupin

Concerns aired over West Coast container dwell time

Agricultural exporters concerned about shift to U.S. East and Gulf Coast ports.

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Chris Dupin

Ports America inks New Orleans terminal deal

The largest U.S. terminal operator and stevedore gets 50-year lease for terminals at the Port of New Orleans and will invest $66.5 million in infrastructure and equipment.

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20 December
Chris Dupin

Industry urges Europe to extend antitrust protection

The World Shipping Council and three other shipowner groups tell the European Commission consortia block exemption for liner shipping should be extended.

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19 December
Chris Dupin

Warning issued about West Coast port congestion

Terminals being hit with heavy volumes because of tariffs at a time when many longshoremen are taking vacation.

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18 December
Chris Dupin

DP World building innovative container terminal

Jebel Ali Terminal 4 will feature what the company is hailing as a revolutionary racking system and will be ready by Expo 2020.

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17 December
Chris Dupin

Government claims YRC Worldwide overcharged

U.S. says military cargo was improperly weighed by three units of YRC, resulting in higher freight costs.

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14 December
Chris Dupin

Long Beach terminal said to have multiple suitors

China’s COSCO Shipping is being forced to sell the facility as part of its acquisition of container carrier Orient Overseas Container Line this summer.

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Chris Dupin

Big risks in liner shipping but potential rewards

Some carriers will seek to broaden reach, while others stick to their knitting, predicts Drewry.

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Chris Dupin

New York/New Jersey seeks to add dockworkers

More longshoremen are needed because of retirements, cargo growth.

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12 December
Chris Dupin

USDOT awards $1.5 billion in transportation grants

Transportation Secretary Chao says the funding will support road, rail, transit and port infrastructure projects across the country.

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11 December
Chris Dupin

Maersk introduces cargo insurance alternative

Value Protect “can act as a substitute or as supplement to regular cargo insurance.”

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10 December
Chris Dupin

Moody’s downgrades Maersk rating

Shipping giant retains investment grade rating, but Moody’s expects it to operate at a higher leverage.

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Chris Dupin

APL, CNC Line to consolidate intra-Asia business

The two CMA CGM subsidiaries will “shore up our relevance in the economically thriving Asia through the CNC brand ahead.”

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07 December
Chris Dupin

BDP International partners with Greenbriar Equity

Richard J. Bolte Jr. will remain CEO of the Philadelphia-based global logistics and transportation services company.

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06 December
Chris Dupin

President enacts bill that revises Shipping Act

The new law includes provisions aimed at protecting suppliers such as U.S. marine terminal operators, tug boat operators and bunkering companies.

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05 December
Chris Dupin

A.T. Kearney: U.S.-China trade war will intensify

Consultants foresee increased economic links between Russia and China.

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Chris Dupin

Maersk seeks to be carbon neutral by 2050

Container carrier says “carbon neutral vessels must be commercially viable by 2030” to achieve its goal.

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Chris Dupin

CMA CGM first ocean carrier listed on Freightos

Pilot project will focus on selling transportation on services from China to the United States.

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04 December
Chris Dupin

3PLs face challenges in the year ahead

But the industry is much stronger financially than container liner companies, according to the consulting firm AlixPartners

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Chris Dupin

COSCO service adding Tampa call in January

Ocean Alliance carrier will add Port Tampa Bay to the rotation of its transpacific Gulf of Mexico Express service.

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03 December
Chris Dupin

MSC, CMA CGM lay out new fuel cost charges

Both companies will start using new formulas on Jan. 1 in advance of the low-sulfur exhaust mandate.

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Chris Dupin

Port of Alaska reopens after earthquake

Alaska Railroad remains shut down, but neither TOTE Maritime Alaska nor Matson reports injuries or damage.

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