Maritime: Page 29
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CMA CGM completes acquisition of CEVA Logistics
CMA CGM is now a 100,000-employee company with more than $30 billion in revenue, according to the ocean carrier's CEO Rodolphe Saadé.
By Matt Leonard • Updated April 10, 2019 -
Maersk acquires customs broker Vandegrift to broaden services
The Danish ocean carrier, along with several of its competitors, has been working in recent years to offer more inclusive supply chain services to bolster margins and brand loyalty.
By Emma Cosgrove • Feb. 13, 2019 -
Trendline
Peak season management
Higher peak season surcharges are one risk for shippers to manage this year.
By Supply Chain Dive staff -
Freight market expected to reach $565B by 2022
Trucking is expected to generate the largest revenue of all the freight modes, according to a forecast by Freedonia Group, with expected revenue of $383 billion by 2022
By Matt Leonard • Feb. 11, 2019 -
Ocean freight rates increased ahead of Lunar New Year — but not by much
This January's month-to-month change was lower than previous years, signaling that rates are being kept up by a rush to beat tariffs.
By Shefali Kapadia • Feb. 11, 2019 -
Maersk's new virtual assistant helps customers track cargo
The assistant, named Captain Peter, will allow users to see if their shipments are delayed and track the temperature in refrigerated containers.
By Matt Leonard • Feb. 8, 2019 -
Hapag-Lloyd will convert 15K TEU ship to LNG
Only a handful of carriers plan to use LNG to comply with IMO 2020, setting Hapag-Lloyd apart from other shipping lines.
By Shefali Kapadia • Feb. 5, 2019 -
IBM, PIL track mandarin oranges on blockchain for Chinese New Year
The trial used an electronic bill of lading, reducing "document processing times to almost zero."
By Emma Cosgrove • Feb. 1, 2019 -
MSC gets $439M loan for 86 scrubbers
The scrubbers are part of MSC's plan for complying with new sulfur regulations taking effect in 2020.
By Matt Leonard • Jan. 29, 2019 -
Maersk CEO: Imports to the US will drop
Søren Skou said he anticipates a downturn in U.S. imports in the "coming quarters" but expects little impact to Maersk in the event of a no-deal Brexit.
By Matt Leonard • Jan. 28, 2019 -
80% of UK port leaders unprepared for Brexit
U.K. ports and businesses may struggle with the demands of importing and exporting if a hard Brexit results in nine weeks.
By Gary Wollenhaupt • Jan. 24, 2019 -
Deep Dive
How should shippers prepare? 6 questions about IMO 2020
As carriers adjust to low-sulfur regulations, shippers and supplier industries must follow suit, creating lingering questions of whether the supply chain will be ready for the upcoming shift on Jan. 1, 2020.
By Shefali Kapadia • Jan. 24, 2019 -
Report: Amazon ramps up ocean shipping services
Amazon appears to aim for for greater control of the first mile as it accelerates its freight forwarding business.
By Shefali Kapadia • Jan. 22, 2019 -
Ocean Alliance extends deal until 2027
The operational agreement between CMA CGM, COSCO Shipping, Evergreen and OOCL was renewed early — it did not expire until 2023.
By Edwin Lopez • Jan. 18, 2019 -
Maersk, HMM, ZIM to charge 'street turn' fees in the US
As some shipping lines announce new fees for round-trip use of containers and chassis, others prepare to digitalize the process.
By Edwin Lopez • Jan. 16, 2019 -
Imports expected to slow after rush to beat tariffs
The National Retail Federation's import forecast shows a slow start to 2019 as China and the U.S. have wrapped up three days of trade negotiations.
By Matt Leonard • Jan. 9, 2019 -
3 forces that will move freight markets in 2019 … and 1 that won't
New regulations, operating models and economic changes will lead to shifting trends this year in trucking, ocean shipping and rail.
By Emma Cosgrove • Jan. 7, 2019 -
High ocean freight rates in December foreshadow expensive 2019
The last time the shipping industry suffered a big shock, in late 2016, shippers paid the price in spot rates. Now the 2018 - 2019 shipping cycle appears to be following a similar trend.
By Edwin Lopez • Jan. 7, 2019 -
Environmental concerns loom after MSC loses 270 containers at sea
Containers on the sea floor could "eventually become a significant source of pollution," according to The Monterey Bay Aquarium Research Institute.
By Edwin Lopez • Updated Jan. 7, 2019 -
Freightos: Ocean rates could rise 10% due to sulfur surcharges
Several shipping lines announced last year that bunker adjustment factors and surcharges would take effect on Jan. 1, one year ahead of the IMO 2020 deadline.
By Shefali Kapadia • Jan. 3, 2019 -
UK preps emergency supply chain as Brexit nears 'cliff-edge scenario'
The country's Department for Transport awarded three freight contracts for carriers to ease congestion in case the U.K. leaves the EU in March without a new trade deal.
By Edwin Lopez • Jan. 3, 2019 -
Ocean carriers adjust networks for 2019
2M and THE Alliance modified their service loops, as the latter group of shipping lines works to recapture market share next year.
By Edwin Lopez • Dec. 20, 2018 -
Carriers invest in scrubbers as IMO 2020 approaches
Drewry Maritime Consultants predict scrubber installations may interrupt vessel supply enough to affect pricing for shippers.
By Emma Cosgrove • Dec. 17, 2018 -
Empty container volumes rise in US-China trade war
The Ports of Long Beach and Oakland are seeing an uptick in empty containers leaving the ports, reflecting an imbalance of trade as Chinese businesses shift supply chains.
By Shefali Kapadia • Dec. 17, 2018 -
Ports, global trade on the front lines of climate change
The United Nations Conference on Trade and Development put the burden of responding to climate change on all countries and actors who rely on ocean shipping for trade.
By Emma Cosgrove • Dec. 12, 2018 -
Maersk will offer extended cargo protection for shippers
The add-on coverage will allow shippers to cover the risk of loss, including General Average payouts that are not covered by standard marine cargo insurances.
By Gary Wollenhaupt • Dec. 11, 2018