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Feb 14, 2015

INTELLIGENCE IN TRANSPORT * USA / Canada / China

(Photo: The Royal Canadian Pacific's Rocky Mountaineer, traveling between Vancouver and Calgary)  

* USA / California - More signs of West Coast port woes spurring cargo shift to opposite coast
When U.S. West Coast port congestion clears, there are increasing signs that shippers’ frustrations with shipment delays of weeks will spur them to permanently re-route freight through the East Coast, much like they did in 2002 following a 10-day marine terminal lockout... JOC -11 Feb 2015 

 * USA / Virginia - Container volume a record for month of January 
The Port of Virginia last month posted its highest January container volume, handling 191,996 loaded and empty 20-foot-equivalent units, a 15 percent year-over-year increase... JOC -11 Feb 2015

 * USA / DC - FMC scrutinizing demurrage fees related to port congestion 
As part of a broader report on U.S. port congestion due this summer, federal maritime regulators will outline whether the increase in demurrage charges hitting shippers are unreasonable, and outline potential remedies... JOC -12 Feb 2015

 * China / Shanghai - U.S. East Coast spot rates break the $5,000 barrier 
The U.S. East Coast spot rate hit $5,049 per FEU this week as rising demand for the all-water service pushed rates to record levels, according to the latest reading of the Shanghai Containerized Freight Index (SCFI)... JOC -13 Feb 2015

 * Alberta / Canada - CP intermodal shippers face reduced service if union strikes 
Canadian intermodal shippers could see a reduction in Canadian Pacific Railway service if a union representing 3,300 locomotive engineers, conductors and train workers follow through with their threat to strike later this week if the railroad doesn’t meet their contract demands... JOC -11 Feb 2015

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