While Hanjin Shipping’s plunge into receivership has caused chaos for non-vesssel-operating common carriers (NVOs) around the world, it appears some NVOs saw the writing on the wall prior to August. That is American Shipper’s conclusion (subscription access) after...
Reuters Tracks Hanjin, Cites Datamyne Stats on Bankrupt Carrier
Hanjin Shipping’s drift into receivership is roiling global trade as its ships are refused entry at ports – or seized – and freight rates surge. Reuters has tracked the developing story with updates through the last weeks of August – including an August 29 report on...
Columbus CEO Eyes Cuba Business Resources (including #CubaTrade16)
If US government restrictions on trade with Cuba were lifted, Cuba could generate $5.9 billion annually in American exports, reports Columbus CEO. Ohio’s diverse economy, which includes agriculture, fashion, manufactured goods, medicine, pharmaceuticals,...
Will Panama Canal Boost East Coast Traffic? Port Technology Asks
The lastest (May 2016) data from Datamyne, shows gains in import volumes for the Ports of Los Angeles and Long Beach, Port Technology reports. But, Port Technology asks, will the opening of the expanded Panama Canal derail the West Coast ports’ growth trends? Transit...
Will Panama Canal Boost East Coast Traffic? Port Technology Asks
The lastest (May 2016) data from Datamyne, shows gains in import volumes for the Ports of Los Angeles and Long Beach, Port Technology reports. But, Port Technology asks, will the opening of the expanded Panama Canal derail the West Coast ports’ growth trends? Transit...
MetalMiner Tracks Steel Market Demand with Datamyne
Grain-oriented electrical steel -- (GOES M3) – continued its price slide in June against smaller import volumes, and despite a higher domestic surcharge, reports MetalMiner. Noting that the demand for certain types of steel has created shortages of some materials,...
AJOT Reports Kerry Logistics Acquisition, Cites Datamyne Rankings
The American Journal of Transportation – AJOT – reports that Kerry Logistics has completed its US acquisition of a majority stake in APEX Maritime and its affiliates. APEX ranks among the top three non-vessel operating common carriers (NVOCCs) in Asia-to-US import...
Herbalife Stock Tracker Analyzes Datamyne Data in Seeking Alpha
“One thing investors like about embattled multi-level marketer Herbalife Ltd. (NYSE:HLF) is that it has lots of overseas business,” writes Orion Research’s Christine Richard in Seeking Alpha. However, all that overseas activity can make it hard to follow where and...
American Shipper Reports NVOCCs Gain Share of US Imports
Approximately 37.5% of imports to the US were contracted by non-vessel operating common carriers in first quarter 2016, American Shipper reports, citing data from Datamyne. The first-quarter share is “a bump up from 2014’s share of 36.0 percent and a 10 percentage...
Food Logistics Highlights Datamyne Port Report 2015
The ports of Los Angeles and Long Beach, Calif., maintained the first and second spots, respectively, as the leading US ports despite labor unrest, reports FoodLogistics.com, citing highlights from Datamyne’s Port Report 2015, profiling the top 20 maritime ports of...