Ocean Freight

Current news, information and trends in the ocean freight industry covering freight lines, carriers, logistics and classification.

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Quarterly Transportation Market Update: State of Ocean Cargo Anticipating a Sea of Change
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All Ocean Freight News
By Jeff Berman · August 19, 2019
July shipments, at 1,120,131, posted a 1.5% annual gain, and on a year-to-date basis, shipments through July–at 7,112,696 ––are up 0.1% compared to the same period in 2018.
By Jeff Berman · August 13, 2019
Total POLA volume––at 912,154 TEU (Twenty-Foot Equivalent Units)––was up 9.43% annually and hit a new single month volume record for the fourth consecutive month, and total July POLB volume––at 621,780 TEU­––saw a 9.7% annual decline.
By Peter Moore · August 12, 2019
As 2019 began, we read several analyst reports predicting a more disciplined market with modest upward pressure on prices for ocean freight.
By Patrick Burnson · August 12, 2019
The ocean cargo industry has been characterized of late as being plagued by cultural dysfunction, keeping it mired in a sea of debt and service constraints. Our maritime experts reflect on how systemic change may lead to recovery.
By Jeff Berman · August 9, 2019
Even with a fresh round of tariffs set to kick in on September 1, imports at United States-bound retail container ports are pegged to come in at near-record levels through the remainder of 2019, according to the most recent edition of the Port Tracker report published this week by the National Retail Federation (NRF) and Hackett Associates.
By Jeff Berman · August 2, 2019
When President Trump yesterday announced that the United States will be implementing a 10% tariff on $300 billion in Chinese imports, effective September 1, it understandably sent further shockwaves through the freight transportation and logistics sectors.
By LM Staff · August 1, 2019
Learn about the 36th Annual Quest for Quality Award winners for Truckload (TL) Carriers
By Jeff Berman · July 29, 2019
Entitled America’s Transportation Infrastructure Act of 2019, Senate EPW officials said this five-year, $287 billion bill includes $259 million for formula programs to maintain and repair United States roads and bridges. What’s more, they noted that the $287 billion tally represents a 27% increase over FAST (Fixing America’s Surface Transportation) Act levels.
By Jeff Berman · July 29, 2019
The findings of a Logistics Management reader survey of roughly 120 logistics and supply chain professionals regarding 2019 Peak Season prospects was tempered compared to last year, with 33.3% expecting it to be more active than last year (down from 61% last year), 34.8% expecting it to be less active (up from 10% last year), and 31.9% saying they are not expecting a change (up from 29% last year).
By Jeff Berman · July 24, 2019
Quarterly revenue–at $18 billion-was up 3.4% annually, with net income-at $1.685 billion-up 12%, and earnings per share $1.94 topping the $1.71 recorded last year and topping Wall Street estimates of $1.93 per share.
By Jeff Berman · July 22, 2019
Following a three-month stretch of gains from March through April, United States-bound waterborne shipments fell in June, according to data recently issued by global trade intelligence firm Panjiva. The gains from March through April followed a decline in February, which was the first one in 24 months.
By LM Staff · July 16, 2019
June shipments, at 1.181, decreased 5.3% annually, marking the seventh consecutive month of shipments declines.
By Patrick Burnson · July 11, 2019
As he has done in past years at this time, Dan Smith, Principal, The Tioga Group, shares his views on the current ocean cargo arena.
By Patrick Burnson · July 11, 2019
Carrier alliances and slow steaming bear scrutiny
By Jeff Berman · July 11, 2019
Total POLA volume––at 764,777 TEU (Twenty-Foot Equivalent Units)––headed up 5.76% compared to June 2018, marking the highest-volume June in the 112 years of POLA operations. For fiscal year 2018-2019, total POLA volume rose 5.65% to 9,688,252 TEU.

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From the August 2019 Logistics Management Magazine
The staff of Logistics Management (LM) is honored to present the logistics and transportation community with the results of our 36th Annual Quest for Quality Survey
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