FMC proposes privately-funded portal to fight port congestion

A report by the Federal Maritime Commission (FMC) proposes the commission works with shipping industry stakeholders to instigate a privately funded national industry portal designed to give shippers key supply chain information. In the final report from the agency-led team of industry leaders, FMC Commissioner Rebecca Dye said the combination of… Journal of Commerce | International Logistics

New Russian rail operator set to boost competition

A new, separate Russian rail cargo company is being formed, and it will probably provide competition for Transcontainer. Photo credit: Transcontainer. Containerized rail rates in Russia may decline by 10 to 15 percent on competitive forces, due to the establishment of a new container cargo operator, transport analysts say. Currently, rail rates… Journal of Commerce | International Logistics

Cosco given EU green light for OOIL takeover

An OOCL ship sails under the Tsing Ma Bridge in Hong Kong. Photo credit: OOCL China state-owned Cosco Shipping has received the stamp of approval from the European Commission for its $ 6.3 billion takeover of Orient Overseas Container Line parent Orient Overseas (International) Ltd., clearing the way for the deal to… Journal of Commerce | Regulation & Policy

On eve of ELD era, shippers brace for disruption

One possible impact of the ELD mandate is that older drivers retire rather than learn the new technology, adding to the driver shortage. Photo credit: Shutterstock The electronic logging device (ELD) mandate — arguably the biggest regulatory edict to hit trucking since the introduction of the commercial driver’s license (CDL) in… Journal of Commerce | Regulation & Policy

Trans-Pacific spot rates spike

Rates spiked, but whether carriers can maintain capacity discipline beyond the pre-Lunar New Year surge remains an open question. Photo credit: Shutterstock. US trans-Pacific importers saw spot rates surge to the US East and West coasts, hitting the fastest clip in six weeks, but the coming month will tell whether carriers… Journal of Commerce | International Logistics

Liability rests with shipper if driver cannot inspect

Q: We are a third-party logistics provider (broker). One of our shipper customers has stated that it is the carrier’s responsibility to make sure the truck is properly loaded (to be in compliance with weight and bridge laws). However, the driver is not allowed on his dock to supervise the loading… Journal of Commerce | Regulation & Policy

Ahead of ELD rule, false driver log violations rise

It will become nearly impossible for truck drivers to falsify their hours of service when the ELD mandate takes effect. Photo credit: Shutterstock An 11.5 percent increase in citations for falsifying driver logs and a 14.8 percent jump in the number of drivers put out of service for falsifying logs in… Journal of Commerce | Regulation & Policy

Lost and stolen containers trackable via database

CMA CGM containers on a ship going into the Port of New York and New Jersey. The carrier has uploaded information on its containers into the BIC database. Photo: Hugh R. Morley Containers that have been sold or are lost or stolen, or tied up in a bankruptcy case, can now… Journal of Commerce | International Logistics

Auto industry rebound jacks up ocean rates to Russia

Workers assemble a Lada passenger car in Russia. Photo credit: Shutterstock A rebounding Russian auto industry has led to rate increases of between 12 and 15 percent in ocean rates on services from Europe and Asia. The year-over-year increases in rates this October have put EU-Russia shipping rates at between $ 1,150 and… Journal of Commerce | International Logistics

Container spot rates creeping up on major east-west trades

Spot rates have managed to rise for two consecutive weeks. Photo credit: ZIM Spot rates on the four major east-west trades could only inch upwards as rate increases continue to have a limited impact on prices being charged for container transport.About the only positive carriers can take away from the movement… Journal of Commerce | International Logistics