Hurricane Matthew has disrupted vessel traffic and closed ports at Caribbean hubs and in Florida as the killer storm moves north.
17 Mar 2015
Three carrier alliances are launching Asia-U.S. East Coast services that will increase capacity on the route by 6 percent, according to industry analyst Alphaliner.
13 Feb 2015
President Obama’s proposal to restore U.S.-Cuba diplomatic trade relations has kindled interest in increased shipments between the nations, and is raising hopes among Gulf ports and shippers that a new market could develop almost in their front yard.
04 Feb 2015
U.S. agriculture and medical product shippers could gain a larger share of the Cuban market if a bill reintroduced by Rep. Charles Rangel, D-N.Y., is passed.
19 Dec 2014
Carriers announced general rate increases that span into February this week, as spot rates around the globe respond to mid-December rate hikes. Drewry Maritime Research’s World Container Index composite index, which measures 11 East-to-West trade lanes, jumped a cumulative 35.8 percent this week.
18 Dec 2014
U.S. Gulf and South Atlantic ports see the thawing of Cold War restrictions on United States trade with Cuba trade as a potential new market — or a revival of an old one.
18 Dec 2014
The limited exemption for exports, and possibly the 53-year-old embargo, may become a thing of the past if Obama gets his way. But ending the embargo would require congressional action, something that’s politically questionable.
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