Two Charts Signaling TrouBULL Ahead
If I were a bull, the following items will bother me. First, weak financials. Second, GE is acting weak ... the company’s profit might be driven largely by tax gains. Finally, Markit CMBX-NA-AAA 5 Spread at 675 ... freight rates hit zero. Via FT Alphaville: Freight rates for containers shipped from Asia to Europe [more...]
Date: 2009-01-08 01:35:47
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10 ways to reduce truckload freight rates - Part 2
By Tom MoorePart 2 of our series on reducing freight rates continues. In this article, we review the next five tips that can save you money. 1. Optimize load size - always ship really full trucks (not nominally full loads). Most companies ... and renegotiate the freight. And when you can, lock in the rates for multiple years. Market conditions [more...]
Date: 2009-01-18 16:25:00
10 ways to reduce truckload freight rates and save money-Part 1
by Tom Moore Reducing freight rates is a key way of saving money in the industry. We are going to look at the top ten ways to accomplish this goal ... rates. P & G eliminated long unloading times by providing its customers an incentive if truck ... a bit higher. 4. Use software technology whenever possible. It can do away with the administrative [more...]
Date: 2009-01-14 00:26:10
Part 1-Reduce freight rates to save money
by Tom Moore How to save money in these economical times is the goal of any transportation manager in industry today ... . Too much time is spent tendering loads and paying freight bills. This is work a system should ... you can reduce freight rates and save money. In this article, we will look at the top 5. 1. Procter [more...]
Date: 2009-01-21 00:17:36
XML Freight Link by superior5
I need an XML application to bring in live LTL Freight shipping rates from carriers such as Fedex Freight, Yellow Freight, Roadway Freight, etc. All of the shipments on my website are too large [more...]
Date: 2009-02-09 15:11:39
Courage Marine 3rd Quarter Announcement
By: Drizzt As expected the result was abit chui. The subsequent quarters will really reveal the mantle of this management ... financial crisis has had a significant impact on the shipping industry. Freight rates ... from an all-time high of above the 11,000 level in May 2008. The Company expects freight rates [more...]
Date: 2008-11-11 12:00:19
The Ikea Indicator
The first snow fall of the season here (at under 400 odd metres, that is) ... products and is especially sensitive to changes in freight rates: transportation costs can easily be more expensive than the direct cost of production itself. So the collapse in freight rates [more...]
Date: 2008-11-28 10:57:21
Courage Marine 3rd Quarter Announcement
As expected the result was abit chui. The subsequent quarters will really reveal the mantle of this management ... financial crisis has had a significant impact on the shipping industry. Freight rates ... from an all-time high of above the 11,000 level in May 2008. The Company expects freight rates [more...]
Date: 2008-11-10 16:35:12
good recovery today
good recovery today January 17th, 2009 Amit ji, Thanks a lot for ur input ... , although the freight rates are falling > like a meteor (20′ container to Europe Base Ports used ... in from these markets. > > My turnover has been affected due to fall in Freight Rates, but somehow [more...]
Date: 2009-01-17 19:15:05
www nooteboom nl NSL Inc
www. carpentertrans. com Combined Transport Provider of variety of services, including flatbed, heavyhaul, ... , flatbed and step deck delivery services. recommend The National Motor Freight Classification ... Save This Share This Rate This Freight Carriers Flatbed Trucking Contact us for quote on flatbed [more...]
Date: 2009-01-04 23:08:48
Charterers call for huge rate cuts and threaten defaults
Technorati Tags: Baltic Dry Index , Baltic Dry Indices , Ship Chartering , Shipchartering , Voyage Fixtures , Time Charter Fixtures , Panamax , ... Exchange , Freight Review , Maritime Baltic Index , TNT Freight Review , rate Cut , Lawyers ... shipping law firm now receiving an average of one instruction per day from owners seeking to avoid [more...]
Date: 2009-02-11 04:26:00
Contrans Corp Freight Forwarding Services Inc www
Exel Investments Plc EXEL PLC ADR Finemore Holdings Limited Forward Air Corporation Fuji Distribution CO., Ltd ... THE Kukbo Transportation Company Limited Contact Us www. ProgressiveCommercial. com USA Freight Companies & Shipping Companies Compare Rates Offers Shipping and freight services for commercial [more...]
Date: 2008-09-02 04:49:07
Taking care of business
I guess it has been a good week for ranting against the high cost of air travel here. This little news item caught my attention today ... problems they have with freight or fares, sort of a special customer relations guy but for Government. I hope that he can resolve the problems when Mayors complain that the fares and freight rates [more...]
Date: 2009-02-28 02:14:10
Maersk Line will defend its market share
COPENHAGEN — All container shipping companies are likely to lose money this year and some will go out of business if freight rates do not recover, ... Maersk Line’s chief executive told Reuters on Monday. Eivind Kolding said in an interview that Maersk, the world’s largest container shipper, would survive the downturn although he believed the ... [more...]
Date: 2009-03-09 12:48:46
More Grim News on the Trade Front
Reader Michael appeared to be on a mission on Saturday and sent quite a few links on trade/shipping related matters ... : Freight rates in the Asia-Europe trades have crashed to record lows as consumer demand continues ... matters worse, lines are coming under pressure to quote all-in prices rather that split ocean rates [more...]
Date: 2008-11-02 08:09:41
European-Asian trade falls off a cliff
Ambrose Evans-Pritchard has picked up on the decline in trade flows that many have highlighted in recent months ... , charging only for the minimal “bunker” costs. Container fees from North Asia have dropped $200, taking ... This is a whole new ball game,” said one trader. The Baltic Dry Index (BDI) which measures freight rates [more...]
Date: 2009-01-14 14:38:35
Who’s in the wake for shipping losses?
Fears of a global recession are hammering freight rates ... rate for Very Large Crude Carriers (VLCCs) covering voyages from the Middle East to Asia.... [more...]
Date: 2008-11-04 15:21:37
No port in a storm
Forget anything the politicians tell you about the duration of this recession. The same goes for the financial pundits. Look at the evidence ... to start. He has a romp round the shipping scene, telling us that "freight rates for containers ... Purchasing.com points to the "dramatic decline in ocean container shipments from Asia", but it also [more...]
Date: 2009-01-14 12:53:00
Nautical News Round-up: Scrapping
As much as we all romanticise ships, a fault to which I will readily admit, ships are and have always been nothing more than tools, to use used, ... could cost more than building a new vessel. There are plans to build a new Asgard with a steel hull ... the number of ships scrapped in 2008, and follows a fourth quarter collapse in freight rates which has [more...]
Date: 2009-03-08 20:02:02
Asia-Europe Shipping Rates Drop to Zero
I know I sometimes go for hyperbole in headlines, but the statement above is accurate. Your humble blogger had expected China ( ... " costs. Container fees from North Asia have dropped $200, taking them below operating cost. Industry ... . The Baltic Dry Index (BDI) which measures freight rates for bulk commodities such as iron ore [more...]
Date: 2009-01-14 07:45:29
The Mega Containers Invade
JANUARY 26, 2009 By JOHN W. MILLER Container shippers are unleashing a wave of titanic vessels on the oceans during the biggest dip in global trade since World War II. The trend could keep sea freight rates depressed well into 2010. That's good news for their customers, the millions of businesses big and small that import parts [more...]
Date: 2009-02-21 11:53:00
Bankruptcy to billions: Turnaround saga of Indian Railways
New Delhi, Feb 21 (IANS) The turnaround saga of the world’s second largest railroad network, scripted by an unlikely candidate, ... in a cash surplus of $18 billion by 2008 - without any hike in fares, freight rates or retrenchments ... upgrades for passengers; e-ticketing; and yield per trans as opposed to rate per passenger or tonne [more...]
Date: 2009-02-21 08:02:31
Shipowners Starting to Cancel Orders
We have been reporting from time to time on the impact of the credit crisis on international trade ... directly (via plunging freight rates, in some cases leading them to leave ships idle) and indireclty ... ships. While ocean transport is a notoriously cyclical industry, some incumbents have said [more...]
Date: 2008-11-09 21:02:28
Trade Watch: Further Confirmation of Slowdown in Container Shipments
We've taken an interest in shipping as an indicator of international trade ... annual volume growth and buoyant freight rates it has enjoyed for nearly all the seven years since China ... and Europe or North America for a fraction of the trucking or rail costs of moving it a few hundred [more...]
Date: 2008-12-18 08:16:40
Justified Rates
(Traffic World Online �?? John Gallagher) As LTL shippers take advantage of the best leverage over transportation rates they�?? ... Motor Freight Traffic Association �?? now operating without the benefit of antitrust immunity, which ... . Since 1956, the National Motor Freight Classification has served as the benchmark against which [more...]
Date: 2009-02-10 00:19:00
Will Excess Liquefied Natural Gas Reach the United States?
Liquefied natural gas doesn't get much attention in the US because in aggregate, it is not a significant energy source here, ... overseas. The combination of depressed LNG prices and cheap shipping means that excess LNG may show ... freight rates for liquefied natural gas carriers will remain under pressure next year in the face [more...]
Date: 2008-12-23 06:49:56
How to reduce truckload freight rates
by Tom Moore Saving money is the buzzword in any industry today ... an incentive if truck unloading was turned around in two hours. They did and it was a win-win ... you money. 4. Use software technology whenever possible. It can do away with the administrative work [more...]
Date: 2009-01-14 00:11:16
Shiver me freight rates
As if shipping hasn't had enough of a bad time, JBC Energy reports: As a result of the hijacking of a fully laden Saudi VLCC by Somali pirates yesterday, insurance companies are raising premiums for passage through the Gulf of Aden. These have reportedly risen ten [more...]
Date: 2008-11-18 09:30:10
Rough Seas for Asia-Pacific Shipping Industry
Pardon the cliche, but a nearly perfect storm of negative influences is lashing the Asia-Pacific shipping sector, ... all are putting a squeeze on freight rates and profit margins. Moody’s believes that such a situation ... , Moody’s said. In September, Moody’s put Taiwan shipper Wan Hai Lines Ltd on review for possible [more...]
Date: 2008-11-18 10:13:34
So much for international trade
Shipping rates hit zero as trade sinksFreight rates for containers shipped from Asia to Europe have fallen to zero for the first time since records ... , a broker at Transport Trackers in Hong Kong. "We have seen trade activity fall off a cliff. Asia-Europe ... Index (BDI) which measures freight rates for bulk commodities such as iron ore and grains crashed [more...]
Date: 2009-01-16 02:26:00
Financiapocalypse Expected to Impact Ocean Marine Writers
There’s been some debate within some property-casualty insurance circles as to what extent the industry will be impacted by the financiapocalypse ... at Insurance Journal caught my eye as painting part of the picture for the Ocean Marine segment of the P&C ... Littlefield (Starr Marine, New York) cited slowing demand, collapsing freight rates and a surge [more...]
Date: 2009-01-28 23:10:00
Letters of Credit : Credit crunch affects U.S. exporters
Peter Leach in the JOC and highlighted in their sister publication Shipping Digest reports on the latest effects that the global financial crunch is ... with China, driving freight rates to record lows and forcing some dry bulk carriers to lay up their ships ... . Post from: Logistics News - 3PLwire Letters of Credit : Credit crunch affects U.S. [more...]
Date: 2008-11-17 20:57:15
Budget hopes, firm global stocks aid rally
Profit booking in late trade cut sharp early gains in key benchmark indices. The BSE 30-share Sensex provisionally rose 151.24 points or 1 ... fare cut in AC and mail express trains by 2% while keeping freight rates unchanged. The railways ... to Rs 57,327 crore in the corresponding period last year. While its freight revenue during [more...]
Date: 2009-02-13 16:15:00
Republicans Running Out of Arguments (pfblogs.org)
Hickey and Walters (Bespoke) submit: Throughout this campaign season, ... would do is already being taken care of by the market. As shown below, the Baltic Dry Freight Index, which gauges the rate at which shippers charge to move raw materials by sea, has collapsed by over [more...]
Date: 2008-10-09 21:27:32
MARKETPLACE: "The Mega Containers Invade: As Freight Rates Plunge, Gargantuan Carriers Hope to Muscle Aside Smaller Rivals," by John W ... about the inevitable consolidation in the container-ship industry that comes about with such savings [more...]
Date: 2009-02-26 18:41:09
HOW TO REDUCE TRUCKLOAD FREIGHT RATES
by Tom Moore Saving income is a buzzword in any attention today ... as how to revoke burden rates. In partial 1 of a dual partial array upon how to revoke truckload ... . By expelling hours of palm unloading as great as counting, carriers incited their apparatus faster [more...]
Date: 2009-01-26 10:11:26
Project cargo eyes difficult future
Print This ArticleJanuary 29, 2009By Peter Leach For the last few months, ... has settled down as vessel capacity has loosened up and freight rates have softened. This development ... of Argosy Shipping Group, a cargo broker and flat-deck project barge operator.But the multipurpose [more...]
Date: 2009-01-29 19:19:02
Courage Marine 2nd Quarter Results
Just 2 weeks ago there have been a slew of results release on companies i own and i plan to write about them ... company i am covering is Courage Marine. despite the fall in Baltic Dry Shipping Index, results ... cashflow generated was 20 million vs 7.8 million from previous year. Freight rates have been very [more...]
Date: 2008-08-23 09:38:21
Analysis * USA - Consolidation expected as truckload rates continue down
Freight buyers need to balance price with supply to keep carriers in business Newton,MA,USA - Logistics Management,David Hannon -18 Feb 2009: ... lines and freight buyers and shippers need to continue to maintain their communication with carriers ... shippers are extending payment terms from 30 days to as many as 60 days, making it more difficult [more...]
Date: 2009-02-19 18:51:00
Features network of terminals in states for LTL
Based in Green Bay, WI. www. schneider. comSite info for schneider. comSaia Motor Freight Line, Inc ... offers transcontinental LTL service regional and national multimodal TL transportation. Equipment ... . Freight rates offered by more than ltl truck companies, full and partial truckload. Headquartered in Ann [more...]
Date: 2008-10-05 04:42:09
Shipping slowdown in Singapore
Container traffic through Singapore ports shrank 19 ... demand for goods, the shipping industry is facing one of its most challenging times. Shipping lines have responded by sharply cutting capacity to reduce costs and push freight rates back up. APL [more...]
Date: 2009-02-20 00:55:00
Daily News Roundup - Feb 27 2009
Satyam’s Board may allow non-IT players to bid for the company (ET)Tata Motors’ Nano to roll-out on March 23rd 2009 (ET) ... in the freight rate for dry bulk carriers and tankers (BS)Anant Raj Industries is planning to set ... to Petroleum Ministry for an allocation of 18mmscmd gas from RIL’s KG-D6 (FE)Cabinet okays Rs95bn road [more...]
Date: 2009-02-27 03:43:00
service carrier that helps companies
www. piimx. com Rex & Don Van Lines Specializes in the handling and transportation of steel and other products related to the manufacturing and ... trucking companies with available trucks. 2. Offers doortodoor services throughout abtruck. com Freight Rates at Your Fingertips Online Trucking quotes for LTL, van, flatbed and refrigerated trucking [more...]
Date: 2008-12-10 12:51:47
Railway Budget-2009 (Interim)
Railway Minister Lalu Yadav on Friday (13th Feb-09)presented an interim budget this time as elections are due soon and by convention the presentation ... trains will have 22% more capacity. Two per cent cut in AC-Fares. 43 new trains ... passenger growth up 14%. 43 new trains to be introduced in FY-2010. Freight rate to remain [more...]
Date: 2009-02-13 17:07:00
World trade crashes
This crash is no longer about financial markets, it is about world trade. From Maritime connectorThey have already hit zero," said Charles de Trenck, a broker at Transport ... disaster." The Baltic Dry Index (BDI) which measures freight rates for bulk commodities [more...]
Date: 2009-01-14 18:25:00
Quick Overview
The Feds Yellen on Sunday urged "pulling out all the stops" ... of Logistics and Purchasing rose to 41.2 in December from the record low of 38.8 in November. The U.S. ISM ... has contributed to the recent upward movement in freight rates. Japan’s factory output fell 8.1 [more...]
Date: 2009-01-04 19:35:00
Dry
Baltic Indices BDI 2225 up 58 BCI 2839 up 9 BPI 2230 up 134 BSI 1688 up 35 BHS I704 up 16 Commodore Landsberg: ... . For now though, freight rates are firming while global equity prices continue to come crashing down. Dry ... cargo, as well as significant period activity. Capesize rates are also firming due to a moderate amount [more...]
Date: 2009-03-06 14:26:00
Upswing of freight rates boosted secondhand vessel purchases
Technorati Tags: Baltic Dry Index , Baltic Dry Indices , Ship Chartering , Shipchartering , Voyage Fixtures , Time Charter Fixtures , Panamax , ... Exchange , Freight Review , Maritime Baltic Index , TNT Freight Review , Vessel Prices ... for tracking the cost of hauling commodities onboard dry bulk carriers, during the last two sessions [more...]
Date: 2009-02-16 15:39:00
Baltic Dry Index Up Again
THE Baltic Dry Index has now reached 2,225 points, recovering from a low of 663 on Dec 5. That sharp recovery in the freight rate indicator for the marine transport business, particularly in dry-bulk shipping, does spell relief for dry bulk companies. They, nevertheless, continue [more...]
Date: 2009-03-09 00:01:53
A Response to: Get Rich Slowly’s "The Best Recession-Proof Jobs
JD over at Get Rich Slowly (which I follow avidly by-the-way) ... that work in freight forwarding and they need this industry to thrive. But the reality ... 20% in Two Days , Baltic Exchange Dry Index (BDI) & Freight Rates . How many stories [more...]
Date: 2008-11-13 10:41:42
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