newsworthy CMA CGM shelves eastbound megavessel sailings May 11, 2016 DC Velocity Staff No Comments "Benjamin Franklin" service ends after five months; historically low eastbound rates may have been factor.Read More
newsworthy CMA CGM to deploy six megaships in U.S. trans-Pacific trade March 4, 2016 DC Velocity Staff No Comments Service to start at end of May. Enormous supply entering market already struggling with impact of oversupply.Read More
newsworthy Index tracking air, sea activity in four key trades hit new lows in December January 6, 2016 DC Velocity Staff No Comments Reading on shipper, forwarder confidence in U.S.-Europe, Asia-Europe trades at lowest point since index's March 2012 launch.Read More
newsworthy Ports of L.A., Oakland to receive largest containership to ever call at U.S. port December 15, 2015 DC Velocity Staff No Comments CMA CGM's 18,000-TEU vessel to hit L.A. Dec. 26, Oakland on New Year's Eve.Read More
newsworthy Will CMA CGM buyout of NOL begin the healing process for ailing container lines? December 8, 2015 DC Velocity Staff No Comments Proposed merger to combine two of the world's top 12 containership lines.Read More
newsworthy Kintetsu's $1.2 billion buy of APL Logistics transforms Japanese firm's Americas business February 17, 2015 Mark B. Solomon No Comments "Generous" offer reflects big plans for Kintetsu in U.S., Mexico and points south, analyst says.Read More
inbound Class act: Shipping company donates containers to build school September 30, 2011 DC Velocity Staff No Comments Newly opened Philippine Technical College is constructed from ocean containers supplied by NOL Group and APL.Read More