A dockworker strike in 1977 caused major losses to container lines at the time. Their response was to impose a 10% surcharge. But shippers did not take it lying down.
The Federal Maritime Commission is auditing container lines to evaluate potential abuse of leverage against exporters.
China’s potential monopoly over containers and intermodal chassis is the target of an investigation by FMC Commissioner Carl Bentzel.
Agriculture Transportation Coalition hears pandemic’s effect on global movement of goods
The COVID-19 outbreak is jeopardizing half of all American jobs, Moody’s reports. Plus, United’s CEO says the outbreak is worse than 9/11; U.S. factories face closures; and Seattle cargo terminals shut down.
Few freight forwarders currently offer shipper-owned containers due to the lack of market transparency in their sourcing.
The Caribbean is container shipping’s all-important crossroads of the Americas.
Container shipping line Maersk will move 16 containers on river Ganges (National Waterway-1) from Varanasi to Kolkata in India on February 12, marking the entry of commercial shipping players in India’s nascent inland water transport network.
Record $1.5 billion in U.S. DOT grants “rebalance” investments into rural areas.
Supply chain software company E2open is in the process of acquiring the world’s largest neutral maritime network INTTRA, in its bid to expand its services to the ocean container industry.
As late as last month, Maersk leadership insisted that scrubbers were not a solution for the new fuel regulations imposed by the International Maritime Organization beginning in 2020, but now they’ve admitted they will install scrubbers on some vessels.
Container line alliances are cutting capacity on their transpacific services in anticipation of a major slowdown in the US-China trade relationship due to tariffs. We see downside risk for Union Pacific and BNSF intermodal volumes, as well as JB Hunt.
