Container traffic through India's major ports fell 2.4 percent year over year in April, the first month of fiscal 2012-13, according to latest traffic figures released by the Indian Ports Association.
Despite the St. Lawrence Seaway being a seasonal inland waterway, the maritime route provides an essential transportation service insofar as the economical movement of bulk freight is concerned. While extended length ships of 1200-feet sail the Upper Great Lakes of Lakes Michigan, Superior, Huron and Erie, only Seaway-max ships of 600-feet length sail into Lake Ontario.
The scale of China's sea trade activity has been revealed in the stark detail that the country has more than 25 ports that now each handle at least 100 million tonnes of cargo a year.
After months of careful tinkering aimed at slowing China's supercharged economy, Chinese officials may have gotten more than they bargained for: The nation's economic engine is decelerating with alarming speed.
U.S. import shipment volume for April, measured in TEUs, increased 9.2% from March and 7.2% from April of 2011, according to Zepol Corporation, a trade intelligence company.
The decision by the U.S. and the European Union to recognize each other's trusted shippers is expected to save those companies money through speedier customs authorization.
Container lines have started reactivating their idle container fleets for the summer peak shipping season, which has resulted in a decline of almost a third in idle container ship capacity, according to Alphaliner.
The Hong Kong Customs and Excise Department (C&ED) reports that RFID-based container locks can effectively improve the security, convenience and visibility of the customs process for cargo entering the airport.
The latest news, analysis, services and systems regarding ocean transportation and its impact on global supply chains. Today’s companies are transporting and delivering container shipments in a more efficient manner than ever before using new services and technologies that provide information en route - allowing them to stay ahead of the competition in their industries. As ocean cargo services continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies are using ocean shipping solutions to power their supply chains.
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