Ocean Transportation

Biden Urges U.S. Ports to Prepare for Traffic Generated by Larger Panama Canal

September 16, 2013

All of the ports on the East Coast "have to get in the game," Vice President Joe Biden said recently, and get ready to accept larger cargo ships that will come through an expanded Panama Canal by 2015.

XPO Logistics Wraps Up Acquisition of 3PD Holding

September 12, 2013

XPO Logistics Inc.,

XPO Logistics Inc. has completed its acquisition of 3PD Holdings, Inc. XPO is a provider of transportation and logistics services in North America, offering freight brokerage, last-mile logistics, expedited transportation and freight forwarding.

October Likely to See Rise in Cancellations of Container Vessel Sailings, Report Says

September 12, 2013

JOC Sailings

After a strong start in the first quarter, container volumes in the trans-Atlantic trade have declined, and average vessel utilization has dropped sharply, eroding freight rates. As a result, container lines are likely to start canceling vessel sailings in October, according to Drewry.

Singapore Focuses on Long-Term Logistics Needs

September 10, 2013

Channel News Asia

The long-term infrastructure developments unveiled by Singapore Prime Minister Lee Hsien Loong at a recent National Day Rally include plans to expand Changi Airport and relocate the country's seaport.

Wallenius Wilhelmsen Logistics Expands Ocean Service From Mexico

September 9, 2013

Wilhelmsen Logistics

Wallenius Wilhelmsen Logistics has expanded its ocean transportation service from Veracruz, Mexico.

Widened Panama Canal to Allow U.S. to Effectively Compete for More Natural Gas Exports to Asia

September 9, 2013

Maritime Executive

The United States is set to grab the first and biggest chunk of unfilled extra Asian demand for shipped gas between now and 2025 with help from a widened Panama Canal and prices that rivals could struggle to match.

Number of Idle Vessels in World's Container Fleet Lowest Since October 2011

September 6, 2013

British International Freight Association

The global containership fleet larger than 500 TEU, currently idle, has reached its lowest level since October 2011, according to a report from Alphaliner.

Seaport Terminal Operators Actively Scanning for Acquisitions, Portfolio Expansions, Survey Finds

September 5, 2013

Drewry Maritime Research

Drewry's Annual Review of Global Container Terminals Operators shows that PSA International, Hutchison Ports, APM Terminals and DP World remain the big four players in equity TEU and portfolio terms but with varying levels of activity.

Panama Canal Widening Project Reported to Be More Than 60 Percent Finished

September 4, 2013

Engineering News-Record

The Panama Canal Authority, or ACP, says the $5.2bn widening of the Panama Canal is more than 60 percent complete. The first four of 16 gates for the canal's third set of locks marked a construction milestone. Locks are nearly 50 percent finished; concrete work is two-thirds done; and water-saving basins are about 40 percent complete.

GAO to Probe How Administration Calculates Damage from Carbon Pollution

August 28, 2013

The Hill

The investigative arm of Congress is going to look into how the Obama administration developed its increased monetary estimate for the amount of damage caused by carbon pollution.

Ocean Transportation

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.