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TRANSPORT & LOGISTICS * USA & Canada - Trans-Pacific Carriers Predict Strong Volume
Containerized imports likely to increase 6 to 8 percent, says TSA
Los Angeles,CAL,USA -The Journal of Commerce Online, by Bill Mongelluzzo -Mar 22, 2010: -- Carriers in the eastbound Pacific predicted the volume of containerized imports from Asia will likely increase 6 to 8 percent this year. However, as the lines enter service contract negotiations with their customers, they noted that market conditions in the largest U.S. trade lane remain uncertain... The Transpacific Stabilization Agreement, a discussion group of 15 carriers in the eastbound Pacific, met last week in Taipei and projected that cargo volumes will remain strong into April... Last fall, the TSA indicated that in order to work back toward profitability in 2010, carriers needed rate increases of $800 per 40-foot container for cargo moving to the West Cost, and $1,000 per-FEU for intermodal shipments and all-water cargoes moving to the East Coast...* USA - Seattle Container Volume Surges 48.5 Percent. Huge gain contrasts with falling volumes at Tacoma, Portland
Seattle,WASH,USA -The Journal of Commerce Online, by Bill Mongelluzzo -Mar 24, 2010: -- The Port of Seattle saw huge gains in container volume in February, while container volumes at its Pacific Northwest neighbors Tacoma and Portland were mostly down compared to the same month last year... Seattle, which benefited from a joint service of Maersk Line and CMA CGM that began last June, recorded especially strong gains. Seattle's inbound containers were up 84 percent compared to February 2009, exports increased 49.2 percent and total container volume was up 48.5 percent... Year-to-date, Seattle's inbound volume increased 55 percent, outbound 56.4 percent and total container volume 33.3 percent compared to the first two months of 2009...* Canada - Port Vancouver Sees Strong Early Recovery. Increased imports drive growth at Canada’s largest seaport
Vancouver,BC,CAN -The Journal of Commerce Online, by Courtney Tower -Mar 22, 2010: -- Increased imports are pulling Canada’s largest seaport, Port Metro Vancouver, British Columbia, into a traffic recovery as the Canadian economy performs strongly after the recession... Robin Silvester, CEO of the Vancouver Fraser Port Authority’s "gentle recovery" is a good bit more than gentle, so far this year. For January and February, laden container imports are up 19 percent and laden exports up 11 percent, in 20-foot equivalent units, over the period in 2009. Laden TEUs together came to 312,722 against 270,226 in the 2009 period, up 16 percent...* USA - Supreme Court to Decide Cargo Liability. “K”-Line vs. Regal-Beloit demands interpretation of conflicting laws
Washington,DC,USA -The Journal of Commerce Online, by R.G. Edmonson -Mar 24, 2010: -- The Supreme Court may have to decide whether or not ocean carriers will be considered “railroads” for cargo liability purposes after oral arguments on Wednesday morning... The case involves Kawasaki Kisen Kaisha, Union Pacific Railroad and a group of shippers that had their containerized goods damaged in a derailment. The issue is whether or not Union Pacific’s liability limits were governed by the Carriage of Goods by Sea Act of 1936 or the 1906 Carmack Amendment to the Interstate Commerce Act... The case has been called a “sequel” to the case of Norfolk Southern v. Kirby. In November 2004 the high court ruled that Norfolk Southern’s liability for damage was limited by Cogsa since the railroad was moving containers under the ocean carrier’s bill of lading. However, whether or not the Carmack Amendment applied was not an issue in the case... Since the Kirby case, four federal appeals panels have ruled that Cogsa applied on ocean carrier through bills, but the 9th Circuit U.S. Court of Appeals last year ruled that Carmack applied in the “K”-Line case, which put the issue before the Supreme Court... Justice, Stephen Breyer, asked if it made sense to apply Carmack to international shipments, because “bills of lading all over the world would have to meet Carmack, and that’s a nightmare”... (Photo from joc: Irispectrum)
Labels: transport and logistics news
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