Maritime: Page 25
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Maersk rolls out 'door-to-door' cargo insurance product
The insurance will cover loss or damage during end-to-end transportation of cargo, regardless of transport supplier.
By Morgan Forde • March 19, 2020 -
67 trade organizations urge FMC to adopt rule on detention, demurrage fees
Trade associations across industries say clarity is needed to keep fees consistent and fair, especially in the current coronavirus-impacted global economy.
By S.L. Fuller • March 17, 2020 -
Explore the Trendline➔
Spencer Platt/Getty Images via Getty ImagesTrendlineInside the trends affecting logistics management
The demise of the de minimis exception, trade tensions and tariffs are among the new challenges logistics managers are facing.
By Supply Chain Dive staff -
Shippers see lower bunker fees as ocean freight demand, oil prices drop
The surcharge shippers pay is now much lower than anticipated and the extra cost to comply with the new IMO regulations will be put off until the economy steadies.
By Matt Leonard • March 17, 2020 -
44% of supply chain pros have no plan for China supply disruption
There are signs companies are struggling with visibility and shipping out of China, but there is no indication this has resulted in U.S. factories shuttering, even temporarily.
By Matt Leonard • March 11, 2020 -
Port of LA volume down 23% in February, further decline expected
The impact of the trade war with China was depressing volumes. Disruptions from novel coronavirus response efforts in Asia have driven levels down even further.
By Morgan Forde • March 10, 2020 -
CMA CGM expects normal operations to resume in China mid-March
CFO Michel Sirat estimated the phenomenon could bring down the carrier's 2020 total revenue by 2-3%, or $100 million.
By Emma Cosgrove • March 9, 2020 -
Chinese port calls trend toward normalcy
Figures from Clarksons Platou Securities, a maritime brokerage, suggest port calls have already surpassed 2019 levels.
By Matt Leonard • March 4, 2020 -
Blank sailings, demand drop could cost carriers a combined $1.9B
More blank sailings have been announced, but the pace has slowed and experts are optimistic.
By Matt Leonard • March 3, 2020 -
High fuel costs, overcapacity and contract delays threaten ocean shipping in 2020: report
Shippers have some leverage to push for pricing transparency, but many carriers' ability to survive current fuel prices and freight demand will depend on whether they can successfully implement price increases.
By Morgan Forde • March 2, 2020 -
FedEx adds on-demand customs brokerage to Freightos
The partnership includes new digital services for multi-modal rate management and sales; air pricing, quoting and ebooking; and customs brokerage.
By S.L. Fuller • Feb. 28, 2020 -
Coronavirus renders nearly 9% of container shipping fleets inactive
Two million TEUs of capacity is now inactive, surpassing the previous record for blank sailing seen during the great recession.
By Matt Leonard • Feb. 28, 2020 -
Maersk secures $5B in credit tied to emissions progress
The carrier aims to cut carbon emissions by 60% per cargo moved by 2030.
By S.L. Fuller • Feb. 27, 2020 -
Ports of LA, Long Beach agree to jointly tackle pain point: visibility
The ports plan to involve stakeholders from shipping lines, cargo owners and drayage to address issues related to gate velocity, cargo predictability and chassis availability.
By S.L. Fuller • Feb. 26, 2020 -
Coronavirus: A lesson in supply chain risk management
Companies are finding workarounds as COVID-19 cases and heightened e-commerce demand continue to disrupt supply chains.
By Matt Leonard • Updated June 21, 2022 -
Maersk suspends 2020 earnings guidance
Beyond COVID-19, other economic factors may be exerting greater than expected pressure on shipping volume, as Maersk reported less than 1% loaded volume growth in 2019.
By Emma Cosgrove • Updated March 20, 2020 -
Maersk expands US warehousing network with $545M acquisition
The move supports the carrier's goal of transporting customer goods "from factory floor to store door," and increasing its end-to-end service market share in North America.
By Morgan Forde • Updated April 2, 2020 -
Carriers report reefer, truck shortages in China's stalled supply chains
One logistics company recommended booking trucking services two days in advance as a result of the driver shortage.
By Matt Leonard • Feb. 19, 2020 -
Maersk's new CFO brings M&A experience to shipping giant
Patrick Jany joins the shipping giant from Clariant, a company that highlights its work to create a sustainable supply chain, and where mergers and acquisitions fell under his purview.
By Matt Leonard • Feb. 12, 2020 -
NRF: Coronavirus could cause 13% import drop at US ports
Before the outbreak, the National Retail Federation predicted February imports would be 1.54 million TEUs. The forecast has slid to 1.41 million.
By Morgan Forde • Feb. 11, 2020 -
Hyundai, Airbus stop production as coronavirus leaves manufacturers scrambling
Two Hyundai suppliers, Kyungshin and Yura Corporation, have announced plans to increase production outside of China to make up for supply shortages and plan to resume production Sunday at their Chinese locations.
By Matt Leonard • Feb. 5, 2020 -
East Coast ports see growth in 2019 while West Coast imports fall
The Port of Long Beach saw the largest decline with an 8% year-over-year drop in imports. Savannah saw the most growth at 7%.
By Matt Leonard • Feb. 3, 2020 -
Maersk, CMA CGM blank sailings as coronavirus spreads
The coronavirus has prolonged a Lunar New Year production shutdown in China, exacerbating the usual seasonal slump on trade lanes out of Asia.
By Shefali Kapadia • Feb. 3, 2020 -
Container line group sets track and trace standards
Adoption of common standards is critical to ensure information sharing, especially across large operations that use differing technologies and data exchange methods.
By Shefali Kapadia • Jan. 29, 2020 -
How to factor IMO 2020 into upcoming ocean freight contract negotiations
The volatility of the low-sulfur fuel market demands shippers pay close attention and question their carriers.
By Shefali Kapadia • Jan. 27, 2020 -
Panama Canal adds fees, changes booking as it fights drought
The canal plans to increase investment in projects that address the sustainability of its water supply after rainfall last year fell 20% below average.
By Matt Leonard • Updated Feb. 19, 2020