The Shanghai Containerized Freight Index saw further rate erosion in European lanes, pulling the overall SCFI index below the $1,000 per 20-foot container mark for the first time since February 2012, to $990.78.
Euroseas today reported a net loss of $4.6 million in the first quarter of 2013, improving from a net loss of $9.0 million in the first quarter of 2012.
MSC Belgium has introduced a new container release system that allows customers in the Port of Antwerp in Belgium to collect their containers quickly in a secure environment.
Trans-Atlantic westbound rates saw another week of declines at an accelerated rate, moving to a new low of $2,027, according to the latest release of the World Container Index.
Backhaul rates from Los Angeles to Shanghai saw a 7.6 percent increase in the week of May 16, according to the latest release of the World Container Index.
The North American Bangladesh Worker Safety Working Group, a collaboration of five U.S. and Canadian apparel and retail associations, has outlined a set of proposals to further its commitment to improving worker safety in Bangladesh...
The Port of Hamburg handled 32.8 million tons of seaborne cargo in the first three months of 2013, putting the German port “back on a growth course,” fueled in particular by a 6.3 percent year-over-year increase in bulk cargo.
Containerized exports from Far East Asia to North America saw significant month-to-month and year-over-year jumps in March 2013, according to data from Container Trades Statistics, Ltd.