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Newsletter – January 21, 2019
OCEAN FREIGHT UPDATES
Heavy volumes increase congestion at major U.S. ports
americanshipper.com
The ports of Los Angeles and Long Beach, as well as the Port of New York and New Jersey (PANYNJ), are facing congestion due to heavy import volumes, according to various forwarders. Read more here.
Ocean Alliance shrinks to fit demand
lloydsloadinglist.com
CMA CGM, the French container carrier, has announced service changes that will see it reduce the number of vessels and services it offers in its Ocean Alliance partnership with Cosco, OOCL and Evergreen. Read more here.
Members of Ocean Alliance extend partnership until 2027
seanews.com.tr
FRENCH shipping giant CMA CGM has announced the extension of the Ocean Alliance cooperation with its partners Cosco Shipping, Evergreen and OOCL until 2027.
Launched in 2017 for an initial period of five years with an option for a five-year renewal, Ocean Alliance is the world’s largest operational agreement between shipping companies. Read more here.
GROUND AND RAIL FREIGHT ISSUES
Carriers defend new street turn charges shippers say are ‘insane’
theloadstar.co.uk
Shipping lines have defended what shippers described as “insane” charges for ‘street turns’, claiming customers will ultimately save on costs. Read more here.
INTERNATIONAL BUSINESS GOVERNMENT UPDATES
US transport department guidance on available services during government shutdown
aircargonews.net
The US Department of Transportation (DoT) has posted its contingency shutdown plans online.
While providing information for department workers affected by the US government shutdown, the DoT document include listings of services still available during the lapse in Federal funding. Read more here.
Retailers hit for added transport costs as ‘wardrobing’ becomes the fashion
theloadstar.co.uk
“Wardrobing” is costing UK retailers more than £800m a year.
Some 13% of 2,000 consumers surveyed admitted to “wardrobing” – purchasing an item to wear once before returning it for a full refund. Read more here.