Importers may have won a reprieve — however temporary — from tariffs on the United States’ largest trading partners, but the threat of new levies is still helping keep container rates elevated on trans-Pacific ocean lanes.
Rates for Asia-U.S. West Coast containers fell 3% to $4,763 per forty-foot equivalent unit in the latest Freightos Baltic Index for the week ending Feb. 14.
Asia-U.S. East Coast rates declined 4% to $6,398 per FEU.
The Trump administration this past week pulled back on...
Expeditors International had a strong fourth quarter across the board, with both revenue and profits beating analyst estimates.
Revenue of $2.95 billion was up 30% from the corresponding quarter of 2023. Operating income was up 51% and net earnings rose 49%. Both figures topped analysts’ projections, according to SeekingAlpha, with the GAAP earnings per share of $2.68 beating consensus forecasts by 24 cents a share and revenue topping forecasts by $190 million.
Expeditors (NASDAQ: EXPD) is a 3PL...
Los importadores pueden haber ganado un aplazamiento, aunque temporal, de los aranceles en los socios comerciales más grandes de los Estados Unidos, pero la amenaza de nuevos gravámenes aún está ayudando a mantener las tasas de contenedores elevadas en los carriles oceánicos trans-pacíficos. Las tarifas para los contenedores de la costa oeste de Asia-EE. UU. […]
Esta entrada En la temporada lenta, las tarifas son un viento siguiente para las tasas de contenedores trans-pacíficos Aparece primero...
The Port of Brunswick, Georgia, was the top U.S. port for vehicles in 2024.
Brunswick achieved a record year, totaling 901,912 units of autos and heavy equipment, up 13.3% and 160% y/y, respectively.
Georgia Ports President and Chief Executive Griff Lynch was quoted in a release as saying at the Brunswick State of the Port event that Colonel’s Island Terminal has become the nation’s busiest port for autos and heavy equipment, handling more than 2 million tons of roll-on/roll-off cargo in 2024.
Brun...
https://www.freightwaves.com/news/georgia-port-tops-us-ro-ro-gateways
The Jacksonville Port Authority said it has completed a yearlong construction project to expand vehicle Berth 22 at the Blount Island Marine Terminal.
The berth is the first of two vehicle berth projects in a $60 million initiative to increase efficiencies and accommodate additional vehicle vessel calls.
The expansion will enable Berth 22 to accommodate larger vehicle vessels 750 feet in overall length.
Construction is also underway on a new vehicle berth at Blount Island, to be completed in...
https://www.freightwaves.com/news/jaxport-completes-vehicle-berth-expansion
Canadian sea and air forces safely rescued 20 crew in storm conditions from a container ship that had grounded off the coast of Newfoundland.
The MSC Baltic III lost power on the way from Montreal to Corner Brook in the province of Newfoundland and Labrador on Saturday and was unable to anchor in reported 75 mph winds and 20-foot seas about 12 nautical miles from the Bay of Islands.
Canadian helicopter rescue from MSC Baltic III after it ran aground in 120 km/h winds! pic.twitter.com/wiKEMJhHI...
https://www.freightwaves.com/news/watch-helicopter-lifts-crew-to-safety-from-grounded-container-ship
En una medida que subraya las ambiciones globales en expansión del país, India anunció una iniciativa marítima multifacética para reforzar el comercio y ampliar el alcance del país en el comercio marítimo. Los planes requieren el lanzamiento de un nuevo operador de revestimiento, Bharat Container...
https://fullavantenews.com/india-planea-nueva-linea-de-contenedores-expansion-maritima/?lang=es
In a move that underscores the country’s expanding global ambitions, India announced a multifaceted maritime initiative to bolster trade and widen the country’s reach in seaborne commerce.
Plans call for the launch of a new liner operator, Bharat Container Line, which New Delhi hopes will reduce India’s reliance on foreign vessel operators.
The project initially envisions a fleet of 100 vessels to ply what published reports described as key trade routes.
By comparison, the world’s largest...
https://www.freightwaves.com/news/india-plans-new-container-line-maritime-expansion
Los carriles de contenedores trans-pacíficos podrían patinar más allá de una calma del Año Nuevo Post-Lunar al tráfico similar a la temporada alta si una guerra comercial aborradora con China continúa llevando a los cargadores estadounidenses a las importaciones de carga frontal. Las tarifas de contenedores de la costa oeste de Asia-EE. UU. Cayeron un […]
Trans-Pacific container lanes could skate right past a post-Lunar New Year lull to peak-season-like traffic if an aborning trade war with China continues to lead U.S.-based shippers to frontload imports.
Asia-U.S. West Coast container rates fell 3% to $4,904 per forty-foot equivalent unit for the week ending Feb. 7, according to the latest Baltic Index from shipping analyst Freightos.
Prices for Asia-U.S. East Coast services were off 1% to $6,656 per FEU from the previous week.
“Trans-Pacific...