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Ocean Transportation: Page 170

Continued Decline Predicted for Rentals of Ocean Container Equipment

Container equipment rental rates came under renewed pressure in 2014 and by mid-2015 new dry freight pricing was at a ten-year low, whilst lease rates had fallen to an all-time low, according to the latest edition of the Container Leasing report published by global shipping consultancy Drewry.

Yusen Logistics Expands Air Freight Forwarding in Mexico

Yusen Logistics (Mexico) S.A. de C.V. has opened two new offices at the Mexico City airport.

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CaroTrans Resumes Import Service Between Rotterdam, L.A.

CaroTrans, the global non-vessel operating common carrier and ocean freight consolidator, has resumed direct, all-water import service from Rotterdam to Los Angeles.

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DHL Launches Trans Border Connect Between U.S., Mexico

DHL Global Forwarding has launched Trans Border Connect, its less-than-truckload (LTL) service between the U.S. and Mexico.

Shipping Industry Not Doing Enough to Reduce Emissions, Report Says

A new report released by the Global Commission on the Economy and the Climate identifies 10 key economic opportunities that could close up to 96 percent of the gap between business-as-usual emissions and the level needed to limit dangerous climate change. Shipping is on the list.

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Port of Oakland Testing Sensors at Terminal Gates

The Port of Oakland is testing Bluetooth sensors to measure wait times for harbor truckers at its maritime terminal gates.

Imports Rebound as U.S. Retailers Prepare for Back-to-School Sales

Import cargo volume at the nation's major retail container ports is expected to increase 7.3 percent this month over the same time last year as retailers stock up for the busy back-to-school season, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.

Given Overcapacity, Many Ocean Shipping Lines Likely to Struggle to Break Even in 2015

A toxic mixture of overcapacity, weak demand and aggressive commercial pricing is threatening liner shipping industry profitability for the rest of 2015, according to the Container Forecaster report published by global shipping consultancy Drewry.

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Cost of New Container Equipment Hits New Low, and Reported Likely to Stay There

Low material costs and stable demand have driven the price of new container equipment down to record lows where it is forecast to stay, according to the latest edition of the Container Census report published by global shipping consultancy Drewry.

Can West Coast Ports Act to Reverse Their Slide in Market Share?

Shippers are still steaming over delays caused by West Coast dockworkers during contract negotiations with terminal operators in late 2014 and early 2015. But problems at the region's ports extend well beyond union intransigence.

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Recovery in Offing for Dry Bulk Market in Atlantic Trades

Shipowners operating in the trans-Atlantic dry bulk market, where prices have been plumbing two-year lows on the back of acute vessel oversupply and shifting patterns in minerals demand, could be facing brighter days, according to the latest special report released by Platts.

Yusen Logistics Launches China-Japan LCL Service for Automotive

Yusen Logistics (China) Co. Ltd. has launched a direct less-than-containerload consolidation service from Nansha in Guangzhou, China to Nagoya, Japan.

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