Ocean Freight

Some of the largest and most powerful companies in the U.S. will now have a say in shaping transportation policy in a public forum at the Federal Maritime Commission. The FMC announced on Thursday the first 24 members to serve on its newly formed National Shipper Advisory Committee (NSAC), evenly...

Global supply chain visibility, automation, and optimization depends on the quality of one commodity: data. While individual freight forwarders and container lines have optimized their internal processes, none have developed a standard way of doing business across shipping stages.  Port operators...

Facilitator of two-way committed ocean contracts New York Shipping Exchange (Nyshex) announced Wednesday it has raised $15 million in a recent funding round. The round was led by NewRoad Capital Partners and included Collate Capital, Blumberg Capital, and the New York Angels. Since its start in...

On today's episode, Dooner and The Dude are talking to SEKO Logistics' Brian Bourke about Christmas. Will it be ruined? Are the ocean carriers plotting to pillage Whoville? Paying ocean rates is most certainly a beast: Ship now lest your tree have the least. We'll break down key holiday shipping...

Supply chains in 2021 are living in an alternate dimension. Up is down and down is up. That's what happens when container shipping rates exceed $20,000 per box and air cargo, normally used for high-value goods and perishable products for which speed to market is critical, doesn't seem budget-scary...

Ocean freight consolidators are riding a wave of less-than-containerloads (LCL) in recent months as the coronavirus pandemic leaves more freight forwarders beaching full containers. Also known as neutral non-vessel-operating common carriers (NVOCCs), these logistics services providers resell...

Ocean Network Express (ONE) said it will start offering container slots on a digital exchange as it seeks to "further enhance customer experience."  The joint venture of Japan's three largest shipping companies, ONE will tap the New York Shipping Exchange (NYSHEX) to offer trans-Pacific eastbound...

The U.S. Treasury Department's Office of Foreign Assets Control (OFAC) continues to add air and marine cargo services providers to its list of sanctioned individuals and entities that conduct business with Iran. On Dec. 11, OFAC placed three foreign air cargo general sales agents and a vessel...

Maersk rolled out a fully online service for customers to book space on a container ship.   The new offering, Maersk Spot, provides customers a cargo loading guaranteed at a fixed price upfront. The world's biggest shipping line said the new product addresses fundamental inefficiencies that exist...

  LA caught between straits of labor and capital; group looks for ocean freight's Esperanto; and digital-first forwarder gets $20m funding.   European container consortium gets okay to talk tech A group of the world's biggest container ship companies aims to end the Tower of...

World's largest ocean freight forwarder adds money-back guarantee and carbon offset to what is now considered ‘table stakes' in ocean freight.   Kuehne+Nagel, known as K+N, announced that it has launched online quotes for ocean shipping, joining many other initiatives from...

Deck officers on ships are trained in a number of skills, such as firefighting, emergency medicine, survival at sea and celestial navigation. Include in that meter reading. Every day, they help compile what's called a "noon report," the once-a-day report of a ship's speed,...