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Chris Gillis Monday, November 20, 2017

FMC reviews 12 OTI license applications

   The U.S. Federal Maritime Commission has received 12 license applications and changes for review.     The FMC received non-vessel-operating common carrier/ocean freight forwarder license applications from Barker International, Naperville, Ill. (Peter R. […]

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FreightWaves Staff Friday, November 17, 2017

SCFI slips 6.1%

Spot container rates from Shanghai to Europe, the Mediterranean and the United States all declined since last Friday, according to the Shanghai Shipping Exchange’s Shanghai Containerized Freight Index (SCFI).

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John Paul Hampstead Monday, November 13, 2017

Panama Canal expansion pits east coast vs. west coast

Asian shippers are siding with the Notorious B.I.G.’s declaration of regional loyalty from the 1997 hit “Goin’ Back to Cali”: “If I got to choose a coast, I got to choose the East.” The expansion of the Panama Canal that doubled its capacity has started shifting freight to east coast ports, which have invested billions in dredging, construction, and equipment purchases to take advantage of the increased flow.

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