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 container Dames Point terminal, which is slated to open late 2013. It also means that more of Hanjin’s cargo [...]
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 new assessment follows a report this week by another research firm, SeaAxis, saying carriers are “shooting themselves [...]
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 West Coast Service 2 (CPS2), in response to the booming Asia – U.S. trade, which has been experiencing [...]