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Industry news

• UASC upgrades India service network

  Time: 2016-03-04 | Publisher: glafamily

  

  United Arab Shipping Co. this week issued two trade notices enhancing its coverage on trades to and from India.The Middle East-based carrier set up a cooperation arrangement with CMA CGM to buy slots on the French carrier’s Indamex service between the Indian subcontinent and the U.S. East Coast.The sl...
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• Suez Canal tonnage, ship calls off to weak 2016 start

  Time: 2016-03-03 | Publisher: glafamily

  

  Container and bulk ships transiting the Suez Canal fell in both number and tonnage terms in January, continuing a trend of declining traffic that gained momentum in the second half of last year.The number of container ships transiting the canal fell 9 percent in January, from 513 to 467, compared with the same month the previous yea...
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• Mega-ships bring mega-risks, former ship captains tell TPM

  Time: 2016-03-03 | Publisher: glafamily

  

  LONG BEACH, California — Shipping lines may appreciate cost savings from so-called mega-ships, but for those who sail them, bigger ships can mean bigger risks.“With a 19,000-TEU (20-foot-equivalent unit) vessel, we’re looking at a potential $1 billion loss, if a ship is lost 80 percent laden,” Capt. Andrew Kinse...
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• Views differ on outlook for growth in Panama traffic to US East Coast

  Time: 2016-03-03 | Publisher: glafamily

  

  LONG BEACH, California — A panel of ocean shipping experts gazed in their crystal balls and saw very different outcomes for shipping patterns after the Panama Canal opens its new larger locks to commercial traffic in June.A panel, “The New Panama Canal — What It Means,” at the JOC’s 16th Annual TPM Confe...
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• Non-container ports in Texas reaping gains from new plants

  Time: 2016-02-29 | Publisher: glafamily

  

  The breakbulk and heavy-lift trade is alive and well in Texas. The state’s non-container ports are in the middle of a multiyear boom brought on by construction of massive industrial plants that are being built around the ports of Brownsville and Corpus Christi to take advantage of the abundance of shale oil and gas flowing out of t...
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• WORKING WITH PEOPLE OUTSIDE THE NETWORK

  Time: 2016-02-25 | Publisher: admin

  

  There is no such thing as a perfect network. However, for independent freight companies these days networks are the best way to have agencies all over the world. We all know that since networks are not 100% perfect in and of themselves (believe me, we’re doing our very best!) sometimes people are forced to go outside the network to ge...
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• Whatever The Baltic Dry Index Says, Global Trade Is Not Collapsing

  Time: 2016-02-24 | Publisher: glafamily

  

  The Baltic Dry Index is now down to 293, near 50% down on a year ago and almost 40% down just so far this year. This does not though, despite a remarkable amount of panicking over it, mean that global trade has fallen off a cliff. It does not even mean that global trade has contracted at all. The important point here being, as it i...
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• Today’s Top Supply Chain and Logistics News From WSJ

  Time: 2016-02-23 | Publisher: glafamily

  

  A surprise walkout by longshoremen at the Port of New York and New Jersey may leave retail shippers wondering about the future of labor relations at the East Coast’s largest port. Operations are supposed to return to normal on Monday after emergency negotiations ended a walkout on Friday by members of the Internatio...
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