Post, Freight and Carriers

Freight Rates News

World’s Biggest LPG Shipping Line Idles Four Vessels (Update1)Friday, March 12, 2010 @ 7:17AMMarch 12 (Bloomberg) -- BW Gas Ltd., the world’s biggest shipper of liquefied petroleum gas, idled four tankers because rates plunged so low that each vessel was losing the company about $25,000 a day.

DHT Responds to MMI InvestmentsFriday, March 12, 2010 @ 7:15AMST. HELIER, Channel Islands----DHT Holdings, Inc. today sent a letter to MMI Investments, L.P. in response to MMI’s public letter of March 2, 2010.

Kirkland's Reports Fourth Quarter and Annual ResultsFriday, March 12, 2010 @ 6:00AMNASHVILLE, Tenn.----Kirkland’s, Inc. :

Land Rover 4 lavishes in off-road splendourThursday, March 11, 2010 @ 9:41PMAre luxury and off-roading mutually exclusive? The folks at Land Rover don't think so, but as I get in and out of the test LR4 during our photo session I can't help but feel they are.[...]

Driving and ageThursday, March 11, 2010 @ 7:35PMI am 97 years old and agree fully with the writer of "Test old drivers" in the March 7 Advocate. Many of us, like myself, give up driving voluntarily when we feel like this is the wise thing to do. I did this about four years ago.

SunPrairie Grain Morning CommentMonday, March 8, 2010 @ 9:58AMMINOT - Mar 8/10 - SNS -- Following is the morning comment from SunPrairie Grain, a division of CHS.

MEMBER CENTER:Monday, March 8, 2010 @ 8:43AMShippers caused container shipping's deepest crisis by exploiting overcapacity to drive down freight rates below vessel operating costs, the head of Mediterranean Shipping Company said.

MEMBER CENTER:Monday, March 8, 2010 @ 7:49AMUS-to-Asia Lines Plan Rate Hikes Containerized ocean carriers in U.S.-to-Asia export trade lanes plan to hike freight rates next month as they attempt to dig out from the impact of last year’s recession.

MEMBER CENTER:Monday, March 8, 2010 @ 7:48AMAs the U.S. 3PL industry staggers through the first quarter, providers face rock-bottom freight prices, plummeting lease rates, low volumes, intense pressure from cash-strapped customers and fierce competition from other 3PLs.