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JOC Maritime

Carrier alliance shifting causes February dip in trans-Pacific vessel capacity joc.com 8 hours ago
The most significant drop will take place in the second half of the month after Lunar New Year, with about 7% of the lost capacity attributed …
Prince Rupert promoting transload operations to improve logistics efficiency joc.com 12 hours ago
The latest move by the port involves a proposal by intermodal logistics provider IntermodeX to develop a transload facility near Prince Rupert…
Approvals from Europe, US among last hurdles in DSV’s takeover of DB Schenker joc.com 14 hours ago
DSV CEO Jens Lund said the size of the Schenker acquisition meant it could take up to two years before the companies were fully integrated int…
Chilean cherry shippers brace for insurance battle in Maersk Saltoro case joc.com 16 hours ago
The vessel, carrying 1,353 containers of Chilean cherries to China, suffered a main engine failure in the middle of the Pacific Ocean on Jan. …
Journal of Commerce ‘Newsmakers’: Kuehne + Nagel’s Michael Aldwell joc.com a day ago
In the “Newsmakers” Q&A, K+N’s head of ocean logistics touches upon US tariffs, sourcing shifts away from China, Red Sea transits and the bene…
MSC launches new visibility technology for refrigerated cargo joc.com 2 days ago
The Geneva-based carrier said a network of 210,000 reefer containers and more than 500 vessels are already equipped with its new iReefer monit…
Spot rates falling as new ocean networks roll out: Sea-Intelligence joc.com 2 days ago
There has been a steady decline in average rate levels on the major trade lanes since December, and as the new alliances and MSC’s standalone …
MPV operators largely dismissive of US shipbuilding act joc.com 2 days ago
Shipowners in the sector view the ambitious SHIPS for America legislation as unrealistic, with the domestic shipbuilding industry under-skille…
ILA officials to meet next week as ratification of USMX deal looms joc.com 5 days ago
Sources tell the Journal of Commerce the union will convene a midweek meeting in Florida of its local wage scale committees across the 14 port…
ONE upgrades full-year profit forecast by $1 billion after robust Q3 joc.com 5 days ago
The Singapore-based carrier reported strong demand on its two main trade lanes out of Asia in its most recent fiscal quarter, with the trans-P…
Hub-and-spoke model in spotlight on eve of Gemini Cooperation launch joc.com 5 days ago
Maersk and Hapag-Lloyd have made 90% schedule reliability a core promise of their new partnership, and the pledge will be under intense scruti…
MPV operators lean into orders for dual-fuel newbuilds joc.com 5 days ago
Forwarders say that breakbulk and project cargo shippers are taking a greater interest in alternative fuel options for specialist ships.
C.H. Robinson’s forwarding business offsets weak US truck market joc.com 5 days ago
The largest US freight broker expects the first quarter of 2025 to be weak for trucking as the freight recession remains in place, but it is c…
Green corridor ports in the US set the stage for MPV fuel transition joc.com 6 days ago
The breakbulk sector can lean on the progress of key US ports in facilitating the safe bunkering of next generation alternative shipping fuels
Strong volume, high rates to lift Hapag-Lloyd’s 2024 earnings joc.com 6 days ago
It would be the 10th consecutive year the carrier has reported a profit as it capitalized on increasing demand supported by elevated rates.
Americold adding Port Saint John warehouse as part of CPKC alliance joc.com 6 days ago
The planned development in Eastern Canada marks the latest stage in a nearly two-year-old partnership between the company and the Class I rail…
Ocean carriers warn of disruption as storms bear down on Europe joc.com 7 days ago
Ports in the UK are already seeing rising operational delays as a string of storms moves in from the Atlantic and major ports in Europe issue …
Specter of US trade tariffs puts EPC companies on war footing joc.com 7 days ago
EPCs say that tariffs enforced after project costs are finalized not only impact the bottom line but in some cases destroy the viability of a …
FMC chair questions ‘level playing field’ in Panama Canal operations joc.com 7 days ago
The comments by Louis Sola during a Senate hearing come amid rising US scrutiny of Chinese influence over the crucial waterway.
Senate confirms Sean Duffy as Secretary of Transportation joc.com 7 days ago
The former Wisconsin congressman and Fox Business host was confirmed by a 77-22 vote on Tuesday.
Trans-Pacific carriers determined to win higher contract rates this year: sources joc.com 7 days ago
Liners believe they left money on the table in 2024–25 service contracts, sources tell the Journal of Commerce, and are putting up opening quo…
China extends Maersk’s domestic cabotage pilot to December 2027 joc.com 8 days ago
The arrangement allows international carriers to transship domestic import and export cargoes at Shanghai’s Yangshan deepwater port from selec…
Asia-Europe ocean rates fall as weak demand sparks battle for market share joc.com 8 days ago
China celebrates the Year of the Snake Tuesday, and while there is always a move to get export orders on the water before the holidays, the pu…
Hefty rate decline looms over India-Europe trade amid capacity buildup joc.com 8 days ago
Sources at established carriers on the trade lane, such as CMA CGM and Hapag-Lloyd, have noted extreme rate pressures due to a significant cap…
Gemini to save shippers money by besting schedule reliability challenges: Maersk joc.com 8 days ago
Each month of last year saw reliability degrade compared with the corresponding month in 2023, although 2024 carried the burden of vessel dive…
Antwerp-Bruges claws back volumes lost over past two years joc.com 8 days ago
The Belgian port has restored the throughput that was lost following Russia’s invasion of Ukraine in February 2022, filling the gap in part by…
Suez routing allows rapid transit of new expedited China-Europe service joc.com 9 days ago
With voyages around southern Africa taking up to 45 days and most carriers continuing to divert away from the Red Sea, the shorter route cuts …
Sailing cuts slow pace of decline for India-USEC spot ocean rates joc.com 9 days ago
While a bit softer since the start of the year, rates are not falling at the same pace they were in the second half of 2024 when prices plumme…
CU Lines claims Amazon backed out of service contract as ocean rates fell joc.com 11 days ago
The FMC complaint is a rare instance of a container line accusing a shipper of not living up to the terms of a service contract.
Closure of heavy-lift airline heightens concerns over aging global fleet joc.com 12 days ago
Airbus’ sudden shutdown of its heavy-lift subsidiary is pushing aviation experts to investigate alternative options to ensure lifts for outsiz…
Progress on carbon pricing on track despite US stance on green initiatives: IMO joc.com 12 days ago
Donald Trump, just hours after returning to the White House Monday, signed an executive order to begin the process of pulling the US out of th…
Murky outlook for container shipping is no barrier to ship ordering bonanza joc.com 13 days ago
Ocean carriers may soon finalize a series of large ship orders as the newbuilding spree that took the order book to a record 8.3 million TEUs …
Bolder Trump injects new volatility into container shipping joc.com 13 days ago
President Donald Trump injecting himself into longshore labor talks and his recent threat to take over the Panama Canal are a precursor to the…
Southern California ports ready to defend green initiatives from Trump White House joc.com 13 days ago
Officials at Los Angeles and Long Beach say they are prepared to do what is necessary should the new administration target green policies at t…
Maersk rejigs standalone services ahead of Gemini Cooperation launch joc.com 13 days ago
The ocean carrier made the changes ahead of the launch of its partnership with Hapag-Lloyd, referring shippers to the new alliance’s services …
ECSA-US spot rates weaken rapidly after hitting record high in Q4 joc.com 14 days ago
New services entered the trade last year amid elevated rates and high demand, but a seasonal lull is putting pressure on prices with plentiful…
Transshipment networks to give Gemini-linked boost to India-US trade joc.com 14 days ago
Hapag-Lloyd and Maersk will alternatively use feeder connections to relay Indian loads to the US East and West coasts over Gemini hub ports in…
Gemini Cooperation on cusp of launching bold experiment in service networks joc.com 14 days ago
By promising 90%-plus schedule reliability using a hub-and-spoke model, the Maersk/Hapag-Lloyd alliance is tacking sharply away from the indus…
Trump appoints Louis Sola to chairman’s slot at FMC joc.com 14 days ago
Just ahead of November’s election, then-Commissioner Sola laid out “America First” initiatives during an October speech, highlighting the furt…
Carriers eye Red Sea transits after Houthi rebels pledge restraint joc.com 16 days ago
A pledge by Houthi militants to focus ship attacks on Israel-linked vessels is not enough to encourage ocean carriers to end their diversions …