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Day: June 2, 2010

Hanjin: Jacksonville-Asia route will be profitable

The Hanjin Shipping Co. CEO’s recent comment that he expects the U.S-Asia trade lane to return to profit next month is good news for Jacksonville, Miss. His positive forecast bodes well for robust volumes the planned...

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Idle Box Ship Fleet Shrinks by a Million TEUs

The idled container ship fleet shrunk by nearly one million 20-foot equivalent units in the past six months as ocean carriers launched new services to keep pace with rising cargo demand in the summer peak shipping season. The...

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Evergreen, CSCL to Begin Trans-Pacific Service

Evergreen Line and China Shipping Container Lines are teaming up to start a trans-Pacific service linking Los Angeles and Oakland with central and northern China. … The new service, which is to be called the China/South US...

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