Market & Industry updates

Chinese factories won’t build enough boxes to save US shippers
New dynamic’ for container factories: Price over volume There are still not enough containers in the right places to carry the world’s cargoes. The hope was that Chinese container factories would shift into ultra-high gear — that the industry would build its way out...
擴增艙位 海運四天王添新船
交通部航港局為了協助出口商解決缺櫃問題,成立國際海運平穩工作小組,局內高階官員指出,相較於亞洲各國,我國是比較不缺櫃的地區,主要原因是台灣有陽明、長榮、萬海與德翔海運四大貨櫃船公司,各公司今年各有9~18艘新船加入營運,擴增不少艙位。攬貨業者則指出,高雄港實施的專用碼頭出租政策,讓租用高港碼頭的法國達飛集團、香港東方海外與韓國韓新遠洋等,會有幹線母船固定彎靠台灣,以台灣為貨櫃的集散點,也是讓台灣的貨櫃比較不缺的主因之一。...
Hapag-Lloyd bullish on yearly earnings amid strong demand
German liner company Hapag-Lloyd expects very strong earnings growth amid exceptional demand for container transports, which has spurred freight rates. Based on preliminary business figures for the month of January and the current business situation, the company’s...
Georgia Ports continuing record-setting ways
Most single-day gate moves joins highest container volume Georgia Ports Authority Executive Director Griff Lynch used PGA Masters Tournament announcer Jim Nantz’s phrase to describe last month — “a November like no other.” Unlike Tiger Woods’ performance at the...
Delta Cargo shuts Chicago airport facility for 9 days
Half-dozen domestic, international routes are impacted Delta Air Lines (NYSE: DAL) has shut its cargo facility at Chicago’s O’Hare International Airport through Dec. 2 for what a spokesperson said was due to “an unforeseen staffing issue.” In a message to customers on...
COVID-19 vaccine distribution could start in mid-December, official says
Operation Warp Speed has been gearing up to distribute millions of doses of COVID-19 vaccines in the US. Ocean Network Express (ONE) reported Friday that its quarterly profit “significantly increased” — by a whopping 326%. Distribution of the first COVID-19 vaccines...
ONE makes giant leap in quarterly profit
Container carrier reports profit of $515 million, a 326% jump from last year Ocean Network Express (ONE) reported Friday that its quarterly profit “significantly increased” — by a whopping 326%. The Singapore-based container carrier said the profit for the second...
COVID vaccine fallout: General air cargo, wait your turn
Shippers will pay more to make flights as space gets tight Shippers of general commodities such as auto parts, wine, apparel and telecommunications equipment should be prepared for air transportation delays in the coming months, because any new releases of COVID-19...
OOCL Q3 revenue climbs 16.3%
Volume turns corner from Q2 4.6% decline to 9.5% increase Orient Overseas Container Line (OOCL) posted a 16.3% increase in revenue — a healthy third-quarter recovery from the height of the COVID-19 pandemic. The Hong Kong-based container carrier reported total Q3...
Mounting evidence that container spike could last into 2021
Container-leasing leader Triton sees demand strength ‘at least through early next year’ Bullish news on container shipping keeps pouring in, implying demand strength through February 2021 — if not longer. The latest green light comes from container-equipment lessor...
Ports of Seattle, Tacoma ride retail replenishment wave
September best month of 2020 for Northwest Seaport Alliance Like other ports around the country, the Northwest Seaport Alliance (NWSA) is seeing an influx of imports as retailers restock inventories depleted during the COVID-19 pandemic and prepare for the holiday...
貨櫃船運運價攀頂 台驊9月營收年增51% Q3營收創新高
貨櫃船運市場美國線運價在9月達最高峰,台驊投控(2636)9月份合併營收為13.99億元,較去年同期成長51.16%,較上月成長10.53%,其中海運部分年增率高達70.70%,累積1~9月合併營收為102.87億,較去年同期增加24.51%,整個第三季營收38.84億元,創歷史新高,法人估獲利也有機會創新高。 台驊9月海運營收8.58億元,較去年同比成長70.70%,較上月成長6.73%;第三季營收高達新台幣23.96億元元,年增43.94%,季增36.40%。...
Cargo levels remain below 2019 at key European, Asian airports
Smaller Brussels airport experiences airfreight boom Three major cargo airports in Asia and Europe continue to lose volume because of the paucity of passenger flights during the coronavirus pandemic, but the situation is marginally better than in early summer. ...
Commentary: Cargo keeps Alaska’s skies very busy
Air freighters inbound from Asia regularly refuel at Anchorage In Alaska, the aviation sector is crucial. Small, isolated communities that have no road networks or are hundreds of miles from coastal ports rely on airplanes for travel and for cargo deliveries. Most of...
New ship orders sink as fear of future economic crisis grows
Economic risk, decarbonization top rankings in global maritime survey What will the next decade bring for the notoriously unpredictable world of ocean shipping? The bull case is that shipyard orderbooks have fallen to multi-decade lows because owners don’t want to buy...
United Airlines cargo planes to share space again with passengers
Carrier piggybacks on cargo service to help restart trans-Pacific network, adds direct flights between Shanghai, San Francisco United Airlines’ (NYSE: UAL) decision to convert some cargo-only flights between Asia and San Francisco to passenger service and resume...
Airfreight Market Roundup: China dips while SE Asia stays strong
Warehouse filled with oil and tires blamed as source of blaze China gave the airfreight market a headfake last week. It gave the impression capacity was tightening to the point that rates would seek higher ground for the rest of the year in response to peak season...
Fire erupts at Port of Beirut again
Warehouse filled with oil and tires blamed as source of blaze Another fire erupted at the Port of Beirut on Thursday, just over a month after an explosion there killed more than 190 people. According to reports, the Lebanese army said the fire started in a warehouse...
FOLLOW US ON OUR SOCIAL PLATFORMS
Management platform, supply chain and more from us.
LEGAL
Transformer’s Network, Inc., dba T.NETWORK, is a licensed Ocean Transportation Intermediary FMC# 027903NF. T.NETWORK is a proud member of the National Customs Brokers & Forwarders Association of America, Inc. All transactions are subject to T.NETWORK’s standard terms and conditions, available on our Terms & Conditions page.
Copyright © 2020 Transformers Network Inc. | Terms of Service