No one wants wild swings in freight rates and the pricing model had to change, a panel of top executives tells attendees at TPM.
Jacobs said more ocean carrier consolidation is coming and more is needed.
The head of SM Line container shipping business has outlined his carrier's plans on the trans-Pacific.
The shipbuilding bear market gives container lines a “golden opportunity” to smooth out capacity peaks.
Japanese shipping group MOL is the latest looking to tap into the rapidly growing logistics demand in India.
State port authorities in Georgia and Virginia want US federal maritime regulators to allow them to work together.
The cost of a barrel of crude oil is projected to rise nearly a third in 2017 compared with 2016.
The recovery of short-term trans-Pacific rates “has happened already for quite some months.”
Trans-Pacific ocean carriers’ newfound discipline on capacity could yield higher rates from shippers in the coming year — if they don’t fold under the pressure.
The largest pain point yet to resolve in refrigerated shipping is the lack of data and transparency in managing the end-to-end cold chain, the former head of Maersk Line's reefer business says.