MSC shifts two trans-Atlantic vessels to new trans-Pac services. MSC adds weight to eBL momentum. Container carriers that deployed extra loaders and those that provided express services in the resurgent Asia-US trade saw the largest volume gains in Outlook Online quoting activity builds, but real-time rates elusive.
Momentum toward digital quoting and booking in ocean shipping is undeniable, but it remains to be seen whether shippers and forwarders will demand — and container lines are actually capable of delivering — truly dynamic pricing. The impact of the COVID pandemic on demand in the United States and the Caribbean and Central America caused two-way trade between the regions to contract in the first nine months of Container lines leaning on cloud technology for digital differentiation.
Instant quoting will be must-have for liner carriers: Maersk CEO. Only eight of the JOC Top 40 Container Carriers by US Imports managed to increase volumes in the first five months of the year, none of which belong to one of the three major vessel-sharing alliances. A chassis dispute between trucking executives and ocean carriers has reached an impasse, spurring American Trucking Associations to seek a resolution from the US Federal Maritime Commission. Aggressive capacity management in response to the effects of the COVID crisis and escalating tariffs has helped the top 10 container carriers operating in the Europe—US trade increase their share of the market so far in Decentralized system, forwarders help MSC weather network outage.
The world's second biggest container line was slowing resolving a four-day server outage at its Geneva headquarters, a disruption that has affected online processes but not the flow of its customers cargo. MSC network outage sparks cyber attack concerns. Meditteranean Shipping Co. As consumer demand in the US plummets due to the coronavirus disease COVID , trans-Pacific carriers are suspending entire strings in addition to blanking additional sailings from Asia in the second quarter.
SM Line to join 2M Alliance in cooperation agreement. Trans-Pac carriers recouping IMO surcharges, but scale unclear. Recent quotes by carriers on their surcharges for more expensive low-sulfur fuel oil are confusing shippers and causing suspicion carriers are attempting to make unreasonable profits from the global LSFO mandate that took effect Wednesday. Alphaliner raises alarm over possible overcharging on low-sulfur fees.
Carriers have struggled to lift spot rates on the Asia-Europe trade, and the wide variations in low-sulfur surcharge levels have an analyst asking questions.
Growth in US imports from the Caribbean and Central America was unable to offset a decline in exports in the first nine months of Choose your subscription. Trial Try full digital access and see why over 1 million readers subscribe to the FT. For 4 weeks receive unlimited Premium digital access to the FT's trusted, award-winning business news. Digital Be informed with the essential news and opinion. Delivery to your home or office Monday to Saturday FT Weekend paper — a stimulating blend of news and lifestyle features ePaper access — the digital replica of the printed newspaper.
Team or Enterprise Premium FT. Pay based on use. Does my organisation subscribe? Group Subscription. The first ship is due in the first half of and the second in the first half of The contracts will provide 16 million hours of work for the French shipbuilder. Orders have been on the card since February, with ship sizes around , gt. The passenger capacity will be around 4, people. Help you send and receive quotes from Forwarders on the market quickly and efficiently. Request for Quote Submit a request for a quote to all logistics company.
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