Markets

Wednesday, May 16, 2012

   Liner schedule reliability either declined or improved in April, depending on the measure you use.    Drewry Maritime Research reported Wednesday that global schedule reliability improved 2.9 percent to 72.3 percent during the month. But SeaIntel Maritime Analysis said global reliability fell from 79 percent to 78 percent in the month.    “At a trade lane level, significant increases in timely arrivals were seen in the main hauls from Asia to Europe and North America, whe...

Wednesday, May 16, 2012

   The Senate voted 78-20 to pass a bill to renew the U.S. Export Import Bank's charter for another three years and raise its lending cap from $100 billion to $140 billion.    The Coalition for Employment through Exports (CEE) and National Foreign Trade Council applauded the passing of H.R. 2072 (Securing American Jobs Through Exports Act of 2011) reauthorizing the Ex-Im Bank.    John Hardy, president of CEE, said, “with the extension of the charter expiring at the end...

Wednesday, May 16, 2012

   The Port of Los Angeles set a container volume record for April, according to statistics released by the port Tuesday.    The port, the biggest in the Western Hemisphere, had volume of 707,182 TEUs in the month, a 14.5 percent year-on-year increase. Import volume rose 16.7 percent to 364,555 TEUs, while exports rose 11.6 percent to 186,838 TEUs. Year-to-date total volume at Los Angeles is up 6.1 percent to nearly 2.6 million TEUs.    The neighboring Port of Lon...

Wednesday, May 16, 2012

   With the implementation of the U.S.-Colombia Free Trade Agreement, the Embassy of Colombia in Washington launched an updated version of its Website  to highlight the country’s history, culture, and past business and alliances with the United States.    Colombian Amb. Gabriel Silva said the goal was to make information more accessible, including a focus on U.S.-Colombia relations and trade opportunities.    The United States is Colombia’s largest tradin...

Wednesday, May 16, 2012

   EasyTracGPS, a Stickney, Ill.-based company that develops GPS tracking and fleet management systems, has released its ComTracNVG “Pro” fleet management tracking system.    The company said it developed the new service to facilitate communication with drivers and include that in vehicle management.    The service offers live five- or 10-second GPS tracking position updates, reports and alerts, navigation, interactive dispatching and routing, and 2-way one-touch c...

Wednesday, May 16, 2012

   Maersk Line had operating losses of $571 million in the first quarter, a more than $1 billion slide from the $451 million the line made in the corresponding quarter in 2011, the line’s parent company said Wednesday.    Liner revenue rose 7.4 percent to $6.3 billion, while container volume rose 22 percent to 4.4 million TEUs in the first quarter.    The poor performance from the liner division saw A.P. Moller-Maersk Group operating profits recede 44.5 percent year-on-year,...

Wednesday, May 16, 2012

   For the European Union, all public sector buyers will be required to do their procurement electronically by 2016, according to a new deadline.    The European Commission set the 2016 deadline because it believes that some 100 billion euros of the current 2 trillion euros spent annually on procurement can be saved in the European Union by mandating that companies use e-procurement tools.    Activities covered under the guidelines include posting all contrac...

Wednesday, May 16, 2012

   NYK Line (North America) Inc. said it has begun the process of no longer providing chassis in certain markets, and said on July 1 the policy will be extended to the Tacoma, Seattle, and Portland markets.    The liner company said "the change is designed to build efficiencies while minimizing the environmental impact of having a large number of chassis that are used intermittently and have to be stored and moved."    NYK said it believes "this policy change will not only ...

Wednesday, May 16, 2012

   The Kuwait-based logistics provider said it had a profit of 7.1 million Kuwait dinar ($25.4 million) for the first quarter of 2012, 8 percent less than what it earned in the same 2011 period.    Revenue was 321.8 million Kuwait dinar, a 1 percent increase from the same 2011 period.    “2011 was the first year that we began reporting our numbers excluding defense and government contracts. Relative to this baseline, 2012 has started off on the right track,” said ...

Wednesday, May 16, 2012

   The U.S. Commerce Department's Bureau of Industry and Security said Tuesday that a former manager of a Netherlands-based freight-forwarding company was sentenced to six months in prison for conspiring to defraud the United States by facilitating the illegal export of goods to Iran.    Ulrich Davis, 50, a Dutch citizen from Pumerend, The Netherlands, pleaded guilty in February to an information charging him with conspiracy to defraud the United States through the viol...

Wednesday, May 16, 2012

   Stamford, Conn.-based Daymon Worldwide has launched its new Daymon Global Logistics division to offer transportation management and logistics support for its retail and supplier partners.    To start the logistics arm, Daymon developed a partnership with Echo Global Logistics, a provider of transportation and supply chain management services based in Chicago. Echo supplies proprietary technology, sourcing knowledge, and access to its network of carriers.    "We...

Wednesday, May 16, 2012

   Overseers of the St. Lawrence Seaway’s operations said steel and construction industries, with their increased demand for North American commodities such as iron ore, stone and cement, has ensured a “solid start” for the 2012 shipping season.    The St. Lawrence Seaway reported that year-to-date total cargo shipments for the period March 22 to April 30 were 4.4 million metric tons, up 2.24 percent over the same period in 2011.    “Coal shipments, the seaway’s second larg...

Wednesday, May 16, 2012

   The Port of Virginia said Tuesday its container volume rose 5.2 percent year-on-year in April to 169,644 TEUs.    It’s the third consecutive month of year-on-year growth for the port. Year-to-date volume has grown 2.1 percent in 2012 to 647,713 TEUs.    The port said its rail volume rose 19.8 percent in April to 29,823 TEUs. Year-to-date intermodal volume has risen 10.7 percent to 115,573 TEUs.

Wednesday, May 16, 2012

   The U.S. Federal Maritime Commission has received six license applications and changes for review.    The FMC received non-vessel-operating common carrier/ocean freight forwarder license applications from NC Freight & Logistics, Miami (Lorenzo J. Colina, member); and Rockin Boxes Global, Valencia, Calif. (Omar Cantos, vice president).    The agency also received license change requests for qualified individuals from Data Freight, Inglewood, Calif. (Edison Chen, manag...

Wednesday, May 16, 2012

   European farmers will be able to quickly receive time-critical parts for malfunctioning farm equipment on weekends and holidays during the upcoming harvest season with the help of German emergency logistics provider time:matters.     The independent courier, which is co-owned by Lufthansa Cargo, said it will rush spare parts for harvesting machines to their destination within a day to help minimize downtime and revenue losses.     time:matters arranges...

Wednesday, May 16, 2012

   DSV Solutions has appointed Brian Ejsing to managing director.    He has been with DSV since 1986 and held the position of managing director of DSV Road in the Netherlands since 2008 as well as managing director of DSV Road Germany since 2009.    Ejsing takes over from Anton van Beers who helped lead the integration process of Frans Maas back in 2006 and has successfully developed DSV Solutions since then, the company said.

Tuesday, May 15, 2012

   An item in Monday’s AS Daily about the death of Jean-Louis Cambon failed to note that he first came to the shipping industry via a stint at the French carrier CGM.

Tuesday, May 15, 2012

   In an attempt to unify supply chain activities, eBizNET Solutions and SPS Commerce announced a deal to develop a cloud-based service that focuses on retail, e-commerce, distribution and manufacturing companies.    eBizNet will bring its software-as-a-service (SaaS) supply chain applications, while SPS will mix in its on-demand supply chain management services. The integrated service is expected to provide connections to more than 1,500 customers.

Tuesday, May 15, 2012

   The U.S. Export-Import Bank announced Monday that U.S. business aircraft and helicopters manufacturers will benefit from a new process to assess credit risks and expedite foreign-buyer financing.    The bank hopes the new process will further facilitate the country’s exports of U.S.-made business aircraft.    “Ex-Im Bank understands that business-aircraft transactions require specialized knowledge and experience but has limited resources to meet the growing demand for ex...

Tuesday, May 15, 2012

   The European Union Naval Force has attacked pirate bases in Somalia for the first time.    In a press release, EU Navfor said it "conducted an operation to destroy pirate equipment on the Somali coastline." Broadcaster BBC said EU forces were transported by helicopter to the pirate bases near the port of Haradhere and destroyed several boats.    The attack followed a March 23 decision by the Council of the European Union to allow the EU Naval Force to take disruption act...

Tuesday, May 15, 2012

   Kuehne + Nagel said a unit in Japan has been granted by the Chiba prefecture government a manufacturing license for packaging, labeling and storage of medical devices at its logistics facility in Ichikawa.    “The license is a huge step forward for Kuehne + Nagel to expand its position as a leading logistics provider to the pharmaceutical and healthcare industry,” said Tadhg Meaney, president of Kuehne + Nagel Japan, in a statement.

Tuesday, May 15, 2012

   Enterprise resource planning and business intelligence provider Pronto Software will partner with local data synchronization specialist Leadtec on a new supply chain application for Australian and New Zealand businesses.    Leadtec has provided electronic-data-interchange (EDI) services, synchronized catalogues, and logistics applications for Australian businesses for more than 20 years.    The deal will integrate Pronto services with Leadtec’s GS1net...

Tuesday, May 15, 2012

   Amware Logistics Services said Tuesday it has acquired Parcel Port, a small non-asset based warehousing, distribution and fulfillment company based in Arizona that has a strong focus on managing e-commerce parcel delivery.    Amware, headquartered in Eagle, Colo., is an Eastern provider of warehousing and transportation services that bought Parcel Port to expand to new locations and take on direct consumer fulfillment for Internet-based and catalog retailers, said Vin Gulisano, Am...

Tuesday, May 15, 2012

   A new MOL/Evergreen Asia-U.S. East Coast service announced last week includes an unusual rotational characteristic – a first-in call at the Port of Virginia.    The 10-ship service, dubbed SVS by MOL, has a rotation of Hong Kong, Yantian, Singapore, Algeciras, Norfolk, Savannah, Jacksonville, Charleston, Algeciras, Singapore, Cai Mep, and Hong Kong.    According to American Shipper liner affiliate ComPair Data , of the 13 container services that currently connect the Far...

Tuesday, May 15, 2012

   Maritime industry and civic leaders attended a ceremony Monday at the Port of Long Beach to mark the official start of the $1.2 billion Middle Harbor redevelopment project.    The event was highlighted by driving a commemorative "golden pile" into the base for a new wharf being built, according to a port news release.    Last month, Hong Kong-based OOCL and its local terminal arm finalized a 40-year, $4.6 billion lease of the redeveloped terminal originally...

Tuesday, May 15, 2012

   The liner carrier Hanjin Shipping said Tuesday that it will impose rate increases on the Asia-Europe trade from June 1.    The increases, $350 per TEU and $700 per FEU, is applicable to origin ports in Japan, as well as dry and reefer cargo.

Tuesday, May 15, 2012

   Schenker Khimji’s LLC, a joint venture that DB Schenker Logistics has established with long-time partner Khimji Ramdas Group in Oman, has started operations.    The new company provides services for air and ocean freight, land transport, contract logistics, supply chain management as well as event logistics.    “We see a big potential in Oman to become another hub in the Middle East," said Peter Glatz, chief executive officer for DB Schenker in the Middle East a...

Tuesday, May 15, 2012

Rep. Hahn wants more policy focus on ports.    Members of the congressional PORTS Caucus are scheduled to meet with U.S. Transportation Secretary Ray LaHood next month to press the connection between port investment and economic growth, Rep. Janice Hahn, D-Calif., told a pro-freight audience last week at the annual conference of the Coalition for America's Gateways and Trade Corridors on Capitol Hill.   The PORTS Caucus, founded by Hahn last fall, has about 65 members.    "We re...

Tuesday, May 15, 2012

   The U.S. Coast Guard said it's monitoring salvage efforts on the 900-foot container ship MSC Idil after an explosion that occurred on Friday.    The ship was about 60 miles north of Puerto Rico, in transit to Barcelona, Spain when the explosion happened. The Coast Guard said it has not been on the ship, but was told the likely cause involved welding.    The Coast Guard cutter Key Largo is on scene with the MSC Idil ready to provide any rescue assistance, while monitoring...

Monday, May 14, 2012

   AIT Worldwide Logistics’ co-founders Dan Lisowski and Steve Leturno have sold majority ownership of the company in a management buyout to the newly created board of directors headed by Vaughn Moore, president and chief executive officer, with executive vice presidents Keith Tholan, Ray Fennelly and Joe Kayser.    The acquisition of the Itasca, Ill.-based freight forwarder was finalized on May 4. Financial details were not disclosed.    Commenting on the buyout,...

Monday, May 14, 2012

   The maritime analyst SeaIntel said significant swings in the weekly capacity deployed by liner carriers on the Asia-Europe trade have an ongoing impact on the trade’s supply/demand balance.    “Out of all Asia-Europe services, only one service utilizes vessels of the same size,” SeaIntel said in its weekly SeaIntel Sunday Spotlight. “The remaining services use vessels of varying sizes. This results in a significant week-on-week variability of the capacity in the Asia-Europe trade, ...

Monday, May 14, 2012

   SC Line has begun a new service catering to shippers of new and used vehicles, boats and heavy equipment from Port Everglades, Fla., to Colombia, Panama and the Dominican Republic.    “We are a very clean, boutique service, addressing the shipping needs of corporate truck and car manufacturers such as Navistar/International, Mack, Sofasa/Renault, VW, among others,” said Farid Escobar, SC Line’s South Florida manager, in a statement. “In line with our management's lo...

Monday, May 14, 2012

   Press reports say Daewoo Shipbuilding and Marine Engineering has begun constructing the world's biggest container vessel for Maersk Line.    South Korea's Chosun Ilbo newspaper and the wire service Agence France-Presse said Denmark's Crown Prince Frederik and his wife Mary attended a ceremony on Saturday marking the start of the vessel's construction at DSME's Okpo shipyard.    It's the first of 20 such ships DSME is building for Maersk. The first ship is expec...

Monday, May 14, 2012

   The liner carrier Mediterranean Shipping Co. will implement a peak season surcharge on westbound Asia-Northern Europe shipments from June 1, the line said last week.    The surcharge , $350 per TEU, is applicable from destination ports in Asia from Japan through Bangladesh.    The line also said it will seek to raise rates on the trades from Asia to Mexico and the west coasts of South America and Central America. The increases , effective from June 15, are $500 per 20-fo...

Monday, May 14, 2012

   The United States on Friday asked the World Trade Organization to establish a dispute settlement panel to decide U.S. claims regarding India’s restrictions on imports of various U.S. agricultural products, including poultry meat and eggs.    While India asserts that its measures are aimed at preventing entry of avian influenza, the United States claims India’s measures are inconsistent with the science, international guidelines, and standards India has set for its own domestic indu...

Monday, May 14, 2012

   DB Schenker Logistics has opened an office in Namibia.    For the past five years, the third-party logistics provider relied on partner Desert Logistics to oversee its services in this market. DB Schenker decided to acquire 100 percent ownership of Desert Logistics. The acquisition was approved by the Namibia Competitions Commission.    Schenker Namibia (Pty) Ltd. is now representing the global DB Schenker in the African country. “We plan to grow and expand our market sh...

Monday, May 14, 2012

   Global air and ocean freight transportation management software and portal provider Acuitive Solutions has launched a new air cargo spot quote tool called Acuitive SpotManager.    SpotManager is an auction site where freight forwarders must be invited by an Acuitive customer on a shipment-by-shipment basis. When a customer selects carriers they wish to participate in the bidding process, an email alert for the available shipment is broadcast to the invited forwarders and cont...

Monday, May 14, 2012

Cambon    Jean-Louis Cambon, the influential chairman of the European Shippers’ Council’s Maritime Transport Council, and a major advocate for global shippers, died at age 59, the council announced last week.    Cambon, who was also head of the ocean management committee for tire manufacturer Michelin, had cancer.    “Jean-Louis was major figure in the liner shipping arena, often out-spoken, always considerate of all positions in the arguments and issues whic...

Monday, May 14, 2012

   ABS, a provider of classification services to the marine and offshore industry, has launched a new product suite aimed at improving transmission of its vessel classification data.    The ABS Connect system originally includes a new app and mobile Website, and hopes to add more in-depth information.    In London this morning, ABS Chief Technology Officer Todd Grove introduced the company’s new mobile Website  along with the ABS Bookshelf application. Bookshelf, ...

Friday, May 11, 2012

   The U.S. Commerce Department on Thursday reported that exports of goods and services from the country in March were up 2.9 percent from February to reach a record $186.8 billion.    Record highs were seen in U.S. exports of both total services ($54.1 billion), and goods ($132.7 billion), with record levels of exports of industrial supplies ($44.3 billion) and capital goods ($44.4 billion). U.S. goods and services exports year-to-date through the first quarter of 2012 were up 8.2 p...

Friday, May 11, 2012

   The container shipping division of liner carrier Hanjin Shipping slumped to a $209 million operating loss in the first quarter of 2012, a huge drop from the $28.3 million it lost in the same quarter in 2011.    Hanjin’s liner revenue fell 0.3 percent year-on-year in the quarter to $1.6 billion, despite container volume rising 7.4 percent to just more than 1 million TEUs.    Hanjin’s group figures were slightly better, thanks to profitable performances from its bulk divis...

Friday, May 11, 2012

   Homeland Secretary Janet Napolitano has formally notified Congress that her department will postpone by two years the mandate that all inbound ocean containers be scanned for hidden nuclear weapons or other terror-related contraband at foreign ports by July 2012.    The 9/11 Recommendations Act that required the 100-percent inspections included authority for the secretary to waive the deadline under certain conditions.    In a May 2 letter to the House and Senate Homelan...

Friday, May 11, 2012

   FedEx said Thursday it has signed an agreement to acquire the French business-to-business express transportation company Tatex.    It had revealed it was in negotiation to buy the company last month, three weeks after Netherlands-based TNT Express agreed to a $6.7 billion cash buyout by FedEx rival UPS.    The Tatex acquisition is subject to necessary regulatory approvals and customary conditions.    Founded in 1976, Tatex, a privately-held company, has over 1,...

Friday, May 11, 2012

   Ocean carriers MOL and Evergreen Line said Thursday they will start a new weekly service next month linking major Asian ports and ports in the U.S. Southeast via the Suez Canal.    MOL calls this the South China/Vietnam – the U.S. South East Coast or "SVS" service, while Evergreen designates it the Asia-U.S. East Coast Service 3 or "AUE3."    Ten ships of 4,500 to 5,600 TEUs each will be deployed in the joint service, with MOL providing nine ships and Evergreen one....

Friday, May 11, 2012

   The liner carrier CSAV said Friday it had operating losses of $175.6 million in the first quarter, a slight decline from the $182 million it lost in the same period in 2011.    Operating revenue in the quarter fell 42.7 percent year-on-year, to $832 million, largely a result of CSAV cutting its operating fleet and withdrawing from a host of services.    The line’s container volume fell to 499,800 TEUs (a 43 percent fall exactly in line with its revenue decline) suggestin...

Friday, May 11, 2012

   The federal government is easing rules requiring railroads to install positive train control (PTC) equipment, saving the industry hundreds of millions of dollars.    The Department of Transportation said under the revisions announced Thursday railroads will no longer have to conduct risk analyses to obtain approval to not install PTC or take other costly risk mitigation measures on an estimated 10,000 miles of track that will not carry passenger trains or toxic-by-inhalation (TIH) ...

Friday, May 11, 2012

   COSCO Container Lines has announced a series of planned rate hikes in major trades over the next few weeks.    The increases are: $400 per TEU and a $300-per-TEU peak season surcharge from the Far East to the Persian Gulf on June 1. $200 per TEU from the Far East to the Indian Subcontinent. $600-per-FEU peak season surcharge from Asia to the United States and Canada (the fee is $480 for 20-foot containers, $675 for 40-foot high-cube containers, and $760 per 45-foot container).&nbs...

Thursday, May 10, 2012

   Caterpillar has made good on its December promise and signed a deal to sell Platinum Equity a 65-percent equity stake in Caterpillar Logistics Services LLC, the company’s third-party logistics division of subsidiary Caterpillar Logistics.    The overall transaction is valued at roughly $750 million, and Caterpillar will retain a 35-percent equity stake. Other terms of the deal were not disclosed.    Caterpillar began considering the sale in March 2011, calling ...

Thursday, May 10, 2012

   Axway, which develops cloud-based software, has announced Nathan Associates has picked the company’s business-to-business integration (B2Bi) service to run a single window pilot program.    The pilot is being put into place by the Association of Southeast Asian Nations (ASEAN). The goal of the single window is to reduce the time needed to process import and export documents, allowing businesses to operate more efficiently. ASEAN also said it expects the program to b...

Thursday, May 10, 2012

   Global Container Terminals has announced plans for a multimillion-dollar expansion to its Global Terminal in Bayonne, N.J. that it said will make it one of the most technologically advanced container facilities in the country.    James J. Devine, president and chief executive officer of Global Container Terminals USA, said the expansion will add 70 acres to Global Terminal’s existing 99 acres, and increase annual capacity from about 400,000 to 1 million container lifts (1.7 millio...

Thursday, May 10, 2012

   Cargotec has changed the roles of several executives to further implement its marine and terminal business strategy.    In specific, Cargotec aims to grow its marine activities in Asia, especially in offshore, and accelerate the improvement of its terminal business to enable growth.    Chief Operating Officer Pekka Vauramo has been appointed executive vice president for marine, effective Aug. 1. He will continue as deputy to President and Chief Executive Officer Mikael M...

Thursday, May 10, 2012

   As part of a multipronged effort to streamline compliance requirements, U.S. Customs and Border Protection will open two more industry-focused units aimed at centralizing the import process for trusted shippers, one for automotive and aerospace in Detroit and one for petroleum, natural gas and minerals in Houston.    Customs officials made the announcement Thursday in Long Beach, Calif., during the agency's annual Trade Symposium, which is being held on the West Coast for fir...

Thursday, May 10, 2012

   Accellos, a provider of supply chain software, has launched an updated version of its AccellosOne Workspace, an application that serves as the foundation for existing and upcoming products from Accellos.    Chad Collins, Accellos’ chief marketing officer, said Workspace was created with Microsoft technology and designed to answer three customer concerns: Make software simple and easy to use. Allow companies to provide access to any employee, partner, or customer both internal...

Thursday, May 10, 2012

   The U.S. House Homeland Security Committee on Wednesday voted to advance a bill that directs the Department of Homeland Security to study and report to Congress on gaps in port security and how to address them.    The "Gauging American Port Security Act" was introduced by Rep. Janice Hahn, D-Calif., who has taken an active interest in port issues since winning a seat in a special election last year. She is the founder of the PORTS Caucus on Capitol Hill.

Thursday, May 10, 2012

   The U.S. Federal Maritime Commission has received 11 license applications for review.    The FMC received non-vessel-operating common carrier license applications from Four Points Ocean, Woodbridge, N.J. (Joseph Felitto, president); Senderex Cargo, Los Angeles (Roger C. Anderson, chief executive officer); and Worldwide Cargo Services, Lawrence, N.Y. (Scott Halfon, treasurer).    The agency received NVO-ocean freight forwarder license applications from DTS World Carg...

Thursday, May 10, 2012

   U.S. and European Union customs officials have finalized an agreement to treat qualified shippers in their respective supply chain security programs as equivalent to their own, but a wide range of technical details must still be worked out before low-risk companies can enjoy reduced fees and inspection levels for ocean freight.    Under the agreement signed last Friday, Customs and Border Protection will recognize voluntary participants in the EU's Authorized Ec...

Thursday, May 10, 2012

   Horizon Lines reported a net loss from contiinuing operations for the first quarter ending March 25 of $26.8 million, compared to $20.2 million in the same 2011 period.    Revenue was $263.4 million in the first quarter, compared to $240.7 million recorded in the first quarter of 2011.    Including discontinued operations, such as the transpacific FSX service to Guam and Asia which ended last year, and logistics operations, the loss was $32.5 million ...

Thursday, May 10, 2012

   The liner carrier Hapag-Lloyd sustained operating losses of $132.9 million in the first quarter, underlining how difficult the quarter has been for liner carriers.    Hapag-Lloyd was one of a few lines to have been profitable in 2011, but succumbed quickly in 2012 to poor rate environments and rising bunker costs.    The German line described the result as “unsatisfactory.” Hapag-Lloyd’s revenue increased 8 percent year-on-year to $2.1 billion on container volume that ro...

Thursday, May 10, 2012

   Matson Navigation Co. saw a near doubling of its business between the U.S. West Coast and Guam in the first quarter of 2012 when compared to 2011 because of the decision by Horizon Lines to withdraw from the market.    The Oakland-based company moved 6,400 containers in the first quarter of 2012, compared to 3,300 in the same 2011 period.    Alexander and Baldwin, the parent of Matson, reported on Wednesday a profit of $3.8 million in the first quarter ending March ...

Thursday, May 10, 2012

   The U.K. managing director for container line MOL laid out the reasons why different shippers receive significant variations in price quotes from different shipping lines.    “Calculating a realistic price for a container movement can be very complex – it depends on how full the ship is, the price of fuel, how fast it sails, how long a container might stay in the port and so on,” said MOL’s Adrian Jones, speaking at a multimodal exhibition in Birmingham, United Kingdom. “With the ...