Sea Freight

Maersk reports bumper $2.3bn profit

Stronger-than-expected volumes and lower unit costs only partly countered by lower freight rates, but Damco reports big losses

US west coast congestion ‘worse’ than 2002 lockout

It will take at least six weeks to clear backlogs of containers, ports warned

Malaysia set for further box growth

Container traffic at Port Klang projected to rise by 7.3% this year

Intra-Asia carriers equip entire box fleet with smart containers

Carriers say the technology will allow them to differentiate in a commoditised industry

Deal agreed on US west-coast ports

PMA and ILWU announce ‘tentative agreement’ on a new five-year contract for workers

Asia-north Europe carriers expected to struggle with latest price push

March GRIs likely to fail due to uncertainties in cargo demand, says broker

DFDS cargo ship refloats after beaching off Scottish coast

Company says only around 50 tonnes of paper below deck, no containers on board

CMA CGM opens Cameroon Container Terminal

New logistics facility further strengthens group’s presence in west Africa

Tough start to year for intra-Asia carriers

Freight rates on intra-Asia services have declined by 10% in the three months to January

Long Beach box volumes fall 19%

Leading US transpacific container port hit by congestion and ongoing union issues

West coast waterfront dispute take its toll on Oakland

Volumes plummet nearly 30% as productivity slows and vessel schedules breakdown

ICTSI committed to Oregon container facility

Terminal operator pledges to find new liner customers to replace Hanjin despite struggle with union longshoremen

Hamburg Süd aims to complete CCNI takeover next month

German line says merging the workforces will help to create an even stronger organisation

CMA CGM-Hamburg Süd cooperation ‘needs close monitoring’

Latest formation of alliances and their potential to undermine competition underlines need for global approach by regulators, claims European Shippers’ Council

Obama steps in as fears grow of US west coast ports shutdown

Update: President asks US Labor Secretary Tom Perez to try to break nine-month deadlock as ship queues lengthen

Advice & Insight

Port of New York and New Jersey sets new traffic record

The port handled 3,342,286 cargo containers last year, an increase of 5.4% on 2013

The mega-ship club - Part 2

Evergreen has joined the mega-ship club with an order for 11 x 20,000 teu units. How many more carriers will follow?

The mega-ship club - Part 1

Evergreen has joined the mega-ship club with an order for 11 x 20,000 teu units. How many more carriers will follow?

Carriers’ schedule performance slides on 2013 levels

Transpacific and Asia-Europe trade lanes both record declines in on-time arrivals

Cosco Group records $799m pre-tax profits in 2014

China’s largest shipping group reverses loss on government-sponsored fleet renewal

Freight People

Geodis Wilson names new EMEA VP

Matthias Hansen has been interim regional VP for the last few months and now replaces Alain Chimene on a permanent basis

DGF appoints New Zealand country manager

Michael Dhu takes on new role for DHL Global Forwarding

Geodis India appoints new national sales manager

Martijn Tasma takes responsibility for sales and market development of group’s freight forwarding and logistics business in the country

Hansa Heavy Lift appoints new EMEA head

Addition of Maximilian Harmstorf marks end of HHL’s restructuring to a regional system

Thomas Kraus joins Geodis as group marketing director

Former CEO of TNT Express Germany charged with ‘developing a cohesive and differentiating marketing strategy’ for French group

Have Your Say

The sales performance gap

Smaller freight forwarders will continue to be outgunned by their larger competitors until they learn how to think and act differently, claims Paul Kelly

Building for the future

Vital logistics infrastructure projects will only go ahead if local residents get a share of the benefits, argues Multimodal’s Rob Jervis

Fuel surcharges – a level playing field?

The price of jet fuel and crude are closely linked, and jet fuel costs have also dropped sharply, falling by 45% between Jul-14 and Jan-15. However, fuel surcharges have hardly moved, says Andy Cliff, managing director of Straightforward Consultancy Ltd

Can the cloud solve your freight forwarding challenges?

Gerry Daalhuisen, from transport software specialist Kewill, outlines some of the issues and potential benefits

Eight surprising customs rules

From exporting edible insects to baby formula, FedEx managing director of Global Trade Services, Harald Schoenfelder, reveals some little-known customs rules that could easily catch cargo shippers off guard