CaroTrans International, a global non-vessel operating common carrier and ocean freight consolidator, has added a direct, weekly less-than-containerload (LCL) export service from San Francisco to Japan.
Airfreight rates slipped in December as the trade returned to business-as-usual following the volume boost of earlier new technology product launches, according to Drewry's new monthly report Sea + Air Shipper Insight.
The Stifel Nicolaus Logistics Confidence Index suggests that while the current market remains weak, the outlook for this year is increasingly positive.
The Drewry Hong Kong-Los Angeles container rate benchmark, published in the latest Container Freight Rate Insight report, jumped 14 percent to $2,524 per 40-foot container last week, as the January peak season surcharge (PSS) took effect.
U.S. vessel imports rose a slight 1.2 percent in 2012 over the year before. This was a total of over 17.6 million TEUs imported, or roughly 200,000 more containers than in 2011. Slow and steady growth seems to be the consistent pattern for the year as import volume still has not returned to 2007 or 2008 levels. Zepol has seen a large spike from 2009 to 2010 and then a plateau-like trend for the past three years, although 2012 was an especially unique year for U.S. imports.
Despite attempts by carriers to pull capacity from east-west trade routes, significantly weaker cargo volumes have limited the success of their attempts to lift freight rates for any sustainable periods, according to Drewry Maritime Research's latest Container Forecaster report.
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