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Maersk Line impresses in the first quarter with a return to profit [20/May/2013]
Bearing in-mind how low freight rates have fallen in container shipping, Maersk Line’s return to profit over the past quarter is quite impressive. Read Full Article...
NAFTA import trade by weight increased almost 4% in February [09/May/2013]
The value of goods imported by the US from its NAFTA partners, Canada and Mexico, declined almost 3.0% compared to the same period in 2012. However, there was more trade imported by weight moving across borders in February 2013 compared to February 2012. Read Full Article...
MOL bleeds as Japanese trio suffer in 2012 [08/May/2013]
The Japanese shipping and logistics trio of NYK Line, Mitsui OSK Line (MOL) and K Line remained stressed in 2012, with margins wafer-thin or negative across much of their businesses. In addition, MOL suffered an enormous write-off. Read Full Article...
US manufacturing continues to slip [02/May/2013]
April manufacturing activity appears to be slowing up as the Institute of Supply Management reported a decline in US activity. Read Full Article...
2012 was a remarkably bad year for world trade [17/Apr/2013]
In 2012, world trade grew by just 2%, far below the average figure of 6% for the last twenty years, according to a report from the World Trade Organisation published last week. Read Full Article...
Mixed messages concerning China’s trade figures [12/Apr/2013]
Questions about China’s export and import figures are hardly new. However, the most recent trade figures published by the Chinese customs authority for February have shown both imports and exports growing rapidly. Read Full Article...
Port of Hong Kong strike effects on US ports questionable [11/Apr/2013]
Better working conditions and a pay increase are behind a two-week strike at the port of Hong Kong. However, it appears Li Ka-shing, who controls half of the capacity at Hong Kong and almost as much at neighboring Shenzhen/Yantian is not budging on concessions to port workers. Read Full Article...
Hong Kong dispute continues [05/Apr/2013]
According to The Loadstar, the Hong Kong Shippers’ Council has advised members to arrange alternative shipping routes as demonstrations at Hong Kong International Terminals’ (HIT) Kwai Tsing port entered into the seventh day. Read Full Article...
Klaus-Michael Kuehne's vision of new shipping giant [11/Mar/2013]
Klaus-Michael Kuehne believes the era of big mergers in the logistics industry has come to an end. However, he commented that Hapag-Lloyd might be looking to merge with more than one company to create a new shipping giant. Read Full Article...
Sequestration effects on the US supply chain [28/Feb/2013]
No doubt the US government needs to do a bit of fiscal trimming, however the process for automatic across the board cuts to government agencies set to begin March 1, may be a major shock to a fragile economy, if indeed it occurs. Read Full Article...
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