Diesel Fuel Index
|
Region
|
06/17/13
|
|---|---|
| U.S. | 3.841 |
| East Coast | 3.835 |
| > New England | 3.980 |
| > Central Atlantic | 3.910 |
| > Lower Atlantic | 3.752 |
| Midwest | 3.859 |
| Gulf Coast | 3.741 |
| Rocky Mountain | 3.848 |
| West Coast | 3.954 |
|
|
|
| California | 4.022 |
How a Box Changed History: the Shipping Container Story
Let's get in a DeLorean and travel back in time. We'll go back 57 years. You're standing on a dock at the busy Port of Newark as large numbers of union dockworkers load a ship. Ocean freight cargo in bags, barrels, crates, and even loose items are being loaded onto a ship. A large sack next to you is open. Looks like a few items have been taken as it waits to be loaded with all the other loose items going on the ship. This is the way ocean freight shipping is done 1953 and has been done for as long as any of the longshoremen can remember. It's called break bulk shipping. Loading and unloading a ship takes as long as it does for a ship to sail across the Read more
Administrator 18 Jun 2013 Hits:112 Ocean
How To Get a Freight Rate Quote: 4 Things Needed for Accurate Pricing
Getting a good freight rate quote or freight rate pricing is an important step in the international shipping process. You have importing or exporting to do and need to find out what it will cost you. But in order to get an accurate quote, there is information you need to give to your freight forwarder. Here's what you will need for receiving…
Tony Munoz Thinks Obama is Short Sighted on Short Sea Shipping
He’s ba-aaaack. Back in November of 2011, I posted a blog on Tony Munoz, editor-in-chief of The Maritime Executive Magazine and MarEx e-Newsletter, calling President Obama out on his maritime policy. Scratch that. Munoz called Obama out on his lack of maritime policy. There is no Obamaritime. Nailed it! Okay, I didn’t nail it. Obamaritime wasn’t that clever when I first wrote in 2011 either. What…
Sudden China Trade Deficit Gives Shipping Companies Profit Outlook
The last few years have been tough on carriers in the international shipping industry. Rate wars and overcapacity were large factors for hurting the bottom line of the companies that own and operate the ocean freight ships which handle the transport of import and export shipping containers. The debt crisis in Europe and the fragile recovery of the U.S. economy from our…
Pack Up Santa, We're Shipping Thru the North Pole!
Could your ocean freight cargo be shipped directly across the North Pole? According to an article in the Proceedings of the National Academy of Sciences of the United States of America (PNAS) by Laurence C. Smith and Scott R. Stephenson, the answer is yes. Yes, your cargo could be shipped directly across the North Pole. Their article, “New Trans-Arctic shipping routes navigable…
Hurricane Sandy Inspires Shipping Containers as Emergency Housing
It turns out shipping containers – those modular miracles of international commerce – are suited to more than just safely storing ocean freight cargo. You may have heard of the trend of re-vamping old shipping containers, cleverly converting them into all kinds of coolness. But now they could provide disaster relief in the wake of Hurricane Sandy. The previously unfashionable hulks of…
Of Cholera and Kings: How Ballast Water Can Increase Shipping Costs (w/ video)
Where do cholera, international shipping, and the spread of invasive aquatic species all intersect? In the water that carriers use as ballast on voyages between international shipping destinations. Ballast water is actually a huge "need for green" international shipping issue. As well as one that could have a serious impact on freight rates for ocean freight importers and exporters. The International Maritime…
Ghana Pres. Works for Day When Pirates Arrgh No Import Export Problem
One factor hindering ocean freight international shipping to and from Africa is piracy. Could Ghana's new president help give African import and export business new life by fighting piracy? When I was a kid pirates held a certain caché, specifically the caché of swashbuckling rebels refusing to bow to the tyranny of daily life (kind of like Robin Hood). Pirates were “romantic”,…
Want the Inside Scoop on International Shipping Freight Rates?
Want the Inside Scoop on International Shipping & Freight Rates? Ever wish you had the inside scoop on the international shipping industry? Some bit of information that would keep you up on what's happening in the extremely volatile ocean freight rate market or perhaps give you insight into what will happen next? Then with today's blog you
Freight News: China Shipping Breakthrough Could Lower Freight Rates
Freight News: China Shipping Breakthrough Could Lower Freight Rates Recently the first Chinese merchant vessel reached the Atlantic from the Pacific via the North East Passage. This is a major international shipping breakthrough for China and could result in lower freight rates. The North East Passage is a dangerous trading lane to say the least. The route
Freight News: International Shipping From Asia Directly to East Coast
Freight News: International Shipping From Asia Directly to East Coast Earlier this month, Jacksonville Port Authority (JAXPORT) announced its first regular liner call from Evergreen. Evergreen is one of the world's largest carriers with over 180 ships by capacity of