Price is taking a back seat to reliability and predictability in this year’s service contract negotiations as shippers push carriers for larger space commitments while carriers are favoring customers with a proven ability to deliver committed volumes on a consistent basis.
China
China
The latest news and analysis on containerized shipping and global trade with China.
Press Releases
18 Jan 2022
There will be an enormous gap in the price between zero-emission fuel and conventional marine fuel over the next 20 years – something that needs to be addressed, according to a report from the Getting to Zero Coalition.
14 Jan 2022
Soaring rate levels swept aside a decline in Maersk’s Q4 volumes and set the carrier on course to report an even more profitable 2021 than expected.
13 Jan 2022
Initially considered a temporary measure, some forwarders believe the shift from relying on fixed-price block space agreements with airlines to full charter operations has become permanent.
10 Jan 2022
A new vessel queueing system in Oakland, similar to the process implemented in Los Angeles-Long Beach, is designed to reduce pollution and promote vessel safety amid expectations of a growing backlog of ships.
10 Jan 2022
All restrictions have been lifted on operations at the three container terminals in Ningbo’s Beilun district and around 80 percent of the available trucking capacity serving the key port has been restored.
07 Jan 2022
Retailers are pulling back somewhat on their growth projection for imports because global supply chain problems will continue to restrict cargo volumes moving through US ports.
07 Jan 2022
Cargo is being diverted from China’s Ningbo port as shippers continue to grapple with trucker shortages and warehouse closures that have made it impossible to get products to and from factories in areas that are locked down.
06 Jan 2022
The Northwest Seaport Alliance is preparing for additional container and intermodal volumes with the opening Friday of the first phase of Terminal 5 in Seattle.
05 Jan 2022
The ports of Los Angeles and Long Beach acknowledge the recent lack of conformity on the issue of container fees can be counterproductive as they attempt to reduce historic operational bottlenecks in the nation’s largest port complex.
04 Jan 2022
Employers and the ILWU fear that the spike in COVID-19 cases that surfaced about two weeks ago in Los Angeles and Long Beach is set to explode over the next two weeks, meaning historic vessel congestion could worsen.
- Page 1
- ››
Jan 20, 2022 2:00PM EST
Speakers:
Bob Andrews, Senior Vice President, CenterPoint Properties
