Ocean Freight

Ocean Cargo: Capacity Crunch Continues

Thursday, January 16, 2014 · Patrick Burnson As always, the freight rate outlook for container shipping will vary by route and by direction and will depend on the length of contracts, say analysts for the London-based consultancy, Drewry Supply Chain Advisors.

INTTRA Partners with Cass to Deliver U.S. Import and Export Ocean Freight Indexes

Wednesday, December 11, 2013 · Patrick Burnson New monthly report offers fresh insight into U.S. export and import container activity and trends

Port Tracker report says import activity to remain slow in summer months

Thursday, July 11, 2013 · Jeff Berman Barring a sudden shift in economic activity, United States-bound import activity is expected to remain along its current trend lines of slow growth, according to the monthly Global Port Tracker North America report from the National Retail Federation (NRF) and Hackett Associates

Zepol reports February imports hit highest level in four years

Tuesday, March 19, 2013 · Jeff Berman Data recently released by Zepol, a trade intelligence firm, indicated the United States-bound containerized vessel imports were mixed for the month of February, with imports down sequentially and up annually.

Supply Chain Managers Tracking Rate Picture in the Transpacific

Tuesday, February 5, 2013 · Patrick Burnson The battle lines between shippers and carriers comprising the Transpacific Stabilization Agreement (TSA) are shaping up early as both sides make plans for future contracting.

Port of Savannah to Deepen its Harbor

Friday, November 23, 2012 · Patrick Burnson Georgia Gov. Nathan Deal announced that as part of his FY2014 budget proposal, he will seek an additional $50 million in funding for the Savannah Harbor Expansion Project at the Georgia Ports Authority Board meeting.

Supply Chain Managers May Become More Reliant on Mega Vessels

Friday, November 23, 2012 · Patrick Burnson The 1,000-2,000 twenty-foot equivalent units (TEUs) containership segment has suffered severely during the current demand downturn with a substantial idling of ships and a recent wave of scrappings, reported Alphaliner this week.

Port Tracker report expects import cargo activity to pick up in March

Tuesday, March 13, 2012 · Jeff Berman Following a projected 6.8 percent annual decline in import cargo volume for February, the monthly Port Tracker report by the National Retail Federation (NRF) and Hackett Associates of calling for a ten percent annual gain for March.

Transpacific marketplace can be reshaped by “OceanMetrics”

Tuesday, March 6, 2012 · Patrick Burnson While measuring performance of carriers, shippers and trading partners across the ocean supply chain is integral to improving and optimizing workflow, it remains a key challenge due to the lack of a common set of data.

Transpacific Stabilization Agreement Update

Friday, March 2, 2012 · Patrick Burnson Brian Conrad, Executive Administrator, Transpacific Stabilization Agreement, gives SCMR exclusive interview

Container shipping’s “rate uncertainty” has impact on futures market

Thursday, February 16, 2012 · Patrick Burnson The uncertainty over the level of container freight rates in the next few months has severely disrupted trading on the freight futures market, said analysts at the Paris-based consultancy, Alphaliner

Port infrastructure must keep pace with rebound, says economist

Tuesday, January 31, 2012 · Patrick Burnson Ocean cargo shippers can expect an improvement in business this year, with the economic tide lifting all boats

The supply chain held hostage

Monday, January 31, 2011 · Patrick Burnson Irrespective of political concerns or positions, the current upheaval in Egypt must not result in the closing of the Suez Canal