Journal of Commerce (JOC)

Journal of Commerce (JOC)

Publication
0 followers

Global trade, shipping, logistics and supply chains.

CMA CGM Adds Direct India-USWC String as Part of Asia Network Overhaul
NewsMar 6, 2026

CMA CGM Adds Direct India-USWC String as Part of Asia Network Overhaul

CMA CGM announced a new standalone service linking India directly to the U.S. West Coast, extending its Pearl River Express loop. The weekly rotation will call at Nhava Sheva, Mundra, Karachi and Colombo, using a fleet of 13 vessels sized between 10,000...

By Journal of Commerce (JOC)
Intercontinental Exchange to Launch Container Freight Futures in April
NewsMar 6, 2026

Intercontinental Exchange to Launch Container Freight Futures in April

Intercontinental Exchange (ICE) announced plans to launch four container freight futures contracts on April 7, pending regulatory approval. The contracts will be U.S.-denominated, cash‑settled, and indexed to the New York Shipping Exchange’s Freight Indices covering routes between Asia, Europe and the United States....

By Journal of Commerce (JOC)
TPM26: War a Problem for Container Shipping, but Not ‘Pandemic-Scale’: Analyst
NewsMar 5, 2026

TPM26: War a Problem for Container Shipping, but Not ‘Pandemic-Scale’: Analyst

Analyst Lars Jensen told the TPM 26 conference that the Middle‑East war, which has shut the Persian Gulf and Strait of Hormuz, poses a problem for container shipping but falls short of pandemic‑scale disruption. He emphasized that while the conflict will...

By Journal of Commerce (JOC)
TPM26: Europe’s Persistent Port Congestion Won’t Be Remedied by Short-Term Fixes
NewsMar 4, 2026

TPM26: Europe’s Persistent Port Congestion Won’t Be Remedied by Short-Term Fixes

Europe’s main import gateways suffer from chronic buffer‑capacity shortages, turning port congestion into a persistent bottleneck rather than a fleeting disruption. Industry leaders warn that the lack of short‑term remedies will continue to erode vessel schedule reliability and strain inventory...

By Journal of Commerce (JOC)
Middle East War Puts Trans-Pacific Service Contract Talks in Limbo
NewsMar 4, 2026

Middle East War Puts Trans-Pacific Service Contract Talks in Limbo

Container lines have halted 2026‑27 trans‑Pacific service contract negotiations as the Middle East war ties up roughly 10% of global container tonnage and pushes bunker fuel prices higher. The conflict adds uncertainty to cost structures and functional capacity, prompting carriers...

By Journal of Commerce (JOC)
Middle East War Slows Trans-Pacific Service Contract Talks Further
NewsMar 4, 2026

Middle East War Slows Trans-Pacific Service Contract Talks Further

Container carriers are pausing or slowing 2026‑27 trans‑Pacific service contract negotiations as they gauge the fallout from the Middle East war. The conflict has immobilized an estimated 2 %‑10 % of global container tonnage, tightening available capacity. Simultaneously, soaring bunker fuel prices...

By Journal of Commerce (JOC)
TPM26: US Trucking Crackdown Likely to Have Delayed Impact on Drayage Sector
NewsMar 4, 2026

TPM26: US Trucking Crackdown Likely to Have Delayed Impact on Drayage Sector

A congressional proposal known as Delilah’s Law would strip thousands of non‑English‑speaking and non‑domiciled commercial driver’s license holders from U.S. roads, intensifying a broader Trump‑era trucking crackdown. Panelists at TPM26 argued that the drayage sector, especially at ports like Long Beach,...

By Journal of Commerce (JOC)
TPM26: Buffer Capacity Being Taken Out of Gemini Network: Hapag-Lloyd CEO
NewsMar 3, 2026

TPM26: Buffer Capacity Being Taken Out of Gemini Network: Hapag-Lloyd CEO

Gemini’s ocean alliance has sustained roughly 90% schedule reliability, allowing Hapag‑Lloyd to trim the buffer capacity built into its 2025 service. The carrier says the reduction yields faster, more competitive transit times without sacrificing predictability. Shippers such as Dollar General and...

By Journal of Commerce (JOC)
TPM26: Flexport CEO Sees AI’s Impact on Logistics Accelerating
NewsMar 3, 2026

TPM26: Flexport CEO Sees AI’s Impact on Logistics Accelerating

Flexport CEO Ryan Petersen announced that artificial‑intelligence tools can trim roughly 10% off the back‑office component of ocean freight costs, enabling logistics firms to scale without proportionate hiring. He revealed that Flexport entered a "code red" mode in November 2025,...

By Journal of Commerce (JOC)
TPM26: Global Trade ‘Still Strong’ Despite Uncertainties: Hellmann CEO
NewsMar 3, 2026

TPM26: Global Trade ‘Still Strong’ Despite Uncertainties: Hellmann CEO

Hellmann Worldwide Logistics CEO Jens Drewes told the TPM26 conference that global ocean freight volumes remain robust despite heightened geopolitical risks, including ongoing trade tensions and the expanding Middle East conflict. He highlighted continued strength in worldwide trade and pointed...

By Journal of Commerce (JOC)
Air Freight Backlog Set to Gridlock Asia Airports Amid Middle East Conflict: K+N CEO
NewsMar 3, 2026

Air Freight Backlog Set to Gridlock Asia Airports Amid Middle East Conflict: K+N CEO

Air cargo originating in Asia for the US and Europe will soon pile up at regional airports as the expanding Middle East conflict grounds a sizable share of available capacity. Kuehne + Nagel CEO Stefan Paul warned that backlogs will materialise by...

By Journal of Commerce (JOC)
TPM26: Iran Conflict Puts New Risk on US Economic Growth: Yellen
NewsMar 2, 2026

TPM26: Iran Conflict Puts New Risk on US Economic Growth: Yellen

Former Treasury Secretary Janet Yellen warned that the Iran‑Israel conflict threatens to choke oil flows through the Strait of Hormuz, sending crude futures to their highest level in over a year. Higher energy prices could lift inflation and undermine the...

By Journal of Commerce (JOC)
MSC Downgrades India-Europe/Med Network Amid Transshipment Cargo Lift Woes
NewsMar 2, 2026

MSC Downgrades India-Europe/Med Network Amid Transshipment Cargo Lift Woes

Mediterranean Shipping Company announced a downgrade of its India‑Europe and Mediterranean services, cutting vessel capacity on the Himalaya Express (HEX) from roughly 14,000 TEU to about 9,000 TEU. The IPAK service, run with the Shipping Corporation of India, will also...

By Journal of Commerce (JOC)
Federal Court Dismisses ILA Complaint over Virginia Rail Cranes
NewsFeb 27, 2026

Federal Court Dismisses ILA Complaint over Virginia Rail Cranes

A federal court dismissed the International Longshoremen’s Association’s lawsuit claiming the Virginia Ports Authority violated national labor law by installing automated yard cranes without union notification. The VPA, which filed a motion to dismiss in October 2025, argued the union...

By Journal of Commerce (JOC)
Wind OEMs Pin Hopes on Data Center Energy Demands Amid US Setbacks
NewsFeb 27, 2026

Wind OEMs Pin Hopes on Data Center Energy Demands Amid US Setbacks

U.S. data‑center construction is driving a surge in electricity demand, giving wind turbine OEMs a fresh growth catalyst despite a hostile regulatory environment. German onshore specialist Nordex projects $11 billion in 2025 orders, while Danish Vestas expects revenue of $24‑26 billion in...

By Journal of Commerce (JOC)
Rotterdam Congestion Limits Benefit of Second-Half Surge in Imports
NewsFeb 26, 2026

Rotterdam Congestion Limits Benefit of Second-Half Surge in Imports

The Port of Rotterdam handled 14.2 million TEUs in 2025, marking a 3.1 % increase driven by a strong second‑half surge in Asian imports and expanding trade with North America. Despite this growth, persistent congestion and a carrier‑alliance restructuring forced a notable...

By Journal of Commerce (JOC)
After Hapag-Zim Deal, Premier Alliance May Be Next in the Spotlight
NewsFeb 26, 2026

After Hapag-Zim Deal, Premier Alliance May Be Next in the Spotlight

The Hapag‑Lloyd acquisition of Zim adds roughly 2.8 million TEUs to the carrier, cementing its position among the world’s largest shippers. Meanwhile, the Premier Alliance—Ocean Network Express, HMM and Yang Ming—has amassed just over 4.8 million TEUs of existing and ordered capacity. The...

By Journal of Commerce (JOC)
India-Europe Spot Rates Climb on Seasonal Booking Demand, Tighter Capacity
NewsFeb 25, 2026

India-Europe Spot Rates Climb on Seasonal Booking Demand, Tighter Capacity

Container carriers on the India‑Europe and Mediterranean lanes have raised February spot rates sharply, reflecting heightened seasonal booking demand and constrained vessel capacity. Forwarder data show spot asks climbing $400‑$500 per TEU since January, pushing average prices from Nhava Sheva/Mundra...

By Journal of Commerce (JOC)
Hapag-Lloyd Set to Grow Its Intra-Asia Network Through Zim’s Gold Star Line
NewsFeb 20, 2026

Hapag-Lloyd Set to Grow Its Intra-Asia Network Through Zim’s Gold Star Line

German carrier Hapag-Lloyd plans to leverage its $4.2 billion acquisition of Zim Integrated Shipping Services to expand its intra‑Asia footprint through Zim’s Hong Kong‑based affiliate Gold Star Line. Gold Star operates 20 liner services with a fleet of 40 vessels totaling roughly 100,000 TEU,...

By Journal of Commerce (JOC)
Trans-Pacific Carriers, Importers Slow-Walking Service Contract Negotiations
NewsFeb 20, 2026

Trans-Pacific Carriers, Importers Slow-Walking Service Contract Negotiations

Trans‑Pacific ocean carriers and U.S. importers are deliberately postponing contract sign‑offs for the 2026‑27 service year as spot rates to the West Coast have slumped more than 20% since early January. Both sides hope that underlying market fundamentals will improve,...

By Journal of Commerce (JOC)
Ocean Carrier On-Time Arrivals Tumbled in January: Xeneta
NewsFeb 20, 2026

Ocean Carrier On-Time Arrivals Tumbled in January: Xeneta

Ocean carrier schedule reliability plunged in January 2026 as congestion at Asian hubs and severe North Atlantic weather disrupted liner networks. Rate‑benchmarking platform Xeneta reports a sharp decline in on‑time arrivals across most carriers, with only non‑alliance services showing modest...

By Journal of Commerce (JOC)
CargoSprint Acquires Key Appointment Scheduling Tool for LA-LB Dray Carriers
NewsFeb 20, 2026

CargoSprint Acquires Key Appointment Scheduling Tool for LA-LB Dray Carriers

CargoSprint, a U.S. container‑terminal payment technology provider, announced the acquisition of Dray Dog, a Southern California software firm that powers appointment scheduling for drayage carriers. Dray Dog is widely used by large dray carriers and currently manages a substantial share...

By Journal of Commerce (JOC)
Maersk to Upsize India-USEC Capacity to Tap Post-Trade Deal Cargo Growth
NewsFeb 19, 2026

Maersk to Upsize India-USEC Capacity to Tap Post-Trade Deal Cargo Growth

Maersk announced a significant upsizing of its West India‑US East Coast (MECL) service to add incremental westbound container capacity. The move follows the United States’ reduction of tariffs on Indian‑made goods from 50% to 25%, with a further cut to...

By Journal of Commerce (JOC)
CMA CGM Inks Order for Six Dual-Fuel LNG Ships with India Yard
NewsFeb 18, 2026

CMA CGM Inks Order for Six Dual-Fuel LNG Ships with India Yard

CMA CGM has placed an order with India’s Cochin Shipyard for six 1,700‑TEU dual‑fuel LNG container vessels. The deal was announced during a New Delhi visit that also included a pledge to recruit an additional 1,500 seafarers, bringing the total Indian crew...

By Journal of Commerce (JOC)
Surging China Auto Exports to Counter Carrier Overcapacity Fears: Wilhelmsen CEO
NewsFeb 17, 2026

Surging China Auto Exports to Counter Carrier Overcapacity Fears: Wilhelmsen CEO

Wallenius Wilhelmsen CEO Lasse Kristoffersen said China will ship an additional 2.3 million vehicles this year, boosting total exports to roughly 8.2 million units. The surge aligns with an 8% increase in roll‑on/roll‑off carrier capacity, adding 67 new vessels to a fleet of...

By Journal of Commerce (JOC)
Hapag-Lloyd’s Plan to Acquire Zim Would Deepen Shipping Oligopoly
NewsFeb 15, 2026

Hapag-Lloyd’s Plan to Acquire Zim Would Deepen Shipping Oligopoly

Hapag-Lloyd announced a $3.5 billion plan to acquire Israel’s Zim Integrated Shipping Services, pending regulator sign‑off. The transaction would add roughly 704,000 TEUs, pushing Hapag-Lloyd’s capacity above 3 million TEUs and placing it among the world’s five largest container lines. The deal...

By Journal of Commerce (JOC)
Ocean Alliance, ONE Rework Trans-Atlantic Services, Remove Ships
NewsFeb 13, 2026

Ocean Alliance, ONE Rework Trans-Atlantic Services, Remove Ships

Ocean Alliance and Ocean Network Express (ONE) announced a major overhaul of their trans‑Atlantic service network, removing several vessels and consolidating U.S. port calls. The redesign follows a year of uneven trade, with U.S. exports to Europe rising sharply while...

By Journal of Commerce (JOC)