Logfret InSights
Containerships moving at all-time low speeds
Container shipping has been relying on one of its top tricks in its playbook to rein in the worst of the markets by going super slow.
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Logfret InSights
Yangshan tops new container port performance index
Yangshan Port, located offshore Shanghai, has taken top position in the third edition of the global Container Port Performance Index (CPPI), despite periods of disruption caused by typhoons and various other factors in 2022.
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Near-shoring takes another step as companies eye new markets
The Covid-19 crisis has accelerated the pace of trade diversification from China, bringing industry buzzwords like near-shoring, re-shoring or friend-shoring increasingly under the spotlight.
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Logfret InSights
Wan Hai adds Colombo call as Sri Lanka repairs unrest damage
Wan Hai Lines has added a call at Colombo, Sri Lanka, to its Asia-US East Coast service. On 16 May, the newly built 13,000 teu Wan Hai A10 docked at Colombo as part of the adjusted AA7 service.
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Logfret InSights
Asia import volumes jumped in April as US shippers navigated GRIs
US imports from Asia hit a six-month high in April as shippers, faced with the prospect of higher costs as ocean carriers attempted to push through a pair of rate increases, rushed their cargo on the eastbound trans-Pacific.
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Logfret InSights
Growing Houston port draws in intermodal, cold chain investments
The port of Houston, which was one of the fastest-growing US container gateways last year, continues to draw in new investment. Class I railway BNSF is readying the launch of intermodal services to the Dallas/Fort Worth area and Denver next month, while a developer of cold storage facilities is planning a $102m building with direct rail access to the port’s docks.
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Georgia Ports Authority to build rail hub in Gainesville
Georgia Ports Authority has received approval to expand capacity with an inland rail hub in Gainesville, Georgia, according to a press release.
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Out of fashion: Apparel manufacturing needs a tech update
Tied to fax machines and Excel spreadsheets, many companies are resistant to change and slow to adapt to new ways of doing business.
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Chinese ports close to 70 million TEUs in Q1, lower volumes for Shanghai and Shenzhen
The overall container volume of major Chinese ports rose 3.5% year-on-year from January to March reaching 69.7 million TEUs.
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Logfret InSights
Shipping regulators singing a new tune as the spotlight hits VSAs
There was a palpable shift in the mood music emanating from competition regulators’ offices as US shippers, in particular, were quick to call out anti-competitive behaviour by the shipping lines, and regulatory scrutiny duly followed.
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