A total of 668 vessels were broken on tidal beaches during the year in 2016, 87 percent of all tonnage dismantled globally, with German companies among the worst offenders, according to a new report from the NGO Shipbreaking Platform.
Crowley: Ocean-to-air shipments could reduce costs, extend produce seasons
A shipment of snow peas was transported by a Crowley cargo ship from Guatemala to Port Everglades, and was then trucked to Miami International Airport where it was transloaded onto a freighter operated by Centurion Cargo for transport to Amsterdam.
Stifel: Truckload fundamentals not matching sentiment
Truckload carriers are bullish on the potential of the Trump administration and Congressional proposals to ease regulations and stimulate the economy, but rate levels remain a concern.
Liverpool Echo: Sinkhole opens up at newest U.K. container terminal
A large sinkhole has appeared at Peel Ports’ £400 million (U.S. $494.9 million) Liverpool2 container terminal, which officially opened for business in November 2016, according to a report from the Liverpool Echo newspaper.
EPES buys Login Logistics
All existing Login Logistics staff will be retained and Login President Steen A. Marcuslund will lead EPES International as managing director, EPES President Jason Bodford said.
SCFI falls 0.6%
The Shanghai Containerized Freight Index, an estimate of spot rates published each Friday from Shanghai to 15 regions around the world, fell 0.6 percent since last Friday to a reading of 948.08.
Commentary: The unnoticed feeder ships
Feeder ships play a huge role in global trade and the future of these ships is quite secure, said Captain James McNamara, who currently serves as chairman of the Maritime Industry Museum at Fort Schuyler, N.Y.
BWR: Blanked sailings surge on China-North America trade
According to BlueWater Reporting’s Blanked Sailing’s Report, a total of 188,592 TEUs are being withdrawn on the China to North America trade for the two weeks following Chinese New Year, up 50 percent from a year prior.
Amazon plans air cargo hub in Kentucky
The e-commerce giant will build a new centralized airfreight hub at the Cincinnati/Northern Kentucky Airport (CVG) in Hebron, Ky. to support its growing fleet of Prime Air cargo planes, the company said in a statement.
Alphaliner: ‘Subopex’ charter rates not enough to spur demand for Panamax boxships
As many as 100 more Panamax vessels – containerships with capacity of 4,000-5,000 TEUs – need to be scrapped before owners see any significant increase in demand and charter rates, according to the latest weekly report from industry analyst Alphaliner.