At its worst, the months of congestion and gridlock at West Coast ports left beneficial cargo owners nearly blind in trying to pinpoint where their shipments were in the supply chain. Unlike the visibility it has given industry stakeholders under normal conditions, technology couldn’t even save the day. The sophisticated electronic tools shippers use to manage and track their cargoes just didn’t work as advertised.
U.S. consumer spending and new homebuilding are forecast to grow so steadily this year that imports from Far East Asia are likely to grow by a faster-than-expected 4.5 percent, year-over-year.
With West Coast port congestion and container backlogs easing faster than predicted, beneficial cargo owners are reassessing their supply chain strategies for the coming shipping season.
Two road trips 50 years apart reveal how far Mexico has come — and hasn’t — in its development as a trade giant.
Shipowners that charter out container ships to liner operators are optimistic that the container shipping market is turning around and that charter rates for their vessels will increase as shipping...
The U.S. needs to boost its exports to fast-growing emerging markets, but it faces a number of barriers that stand in the way of a more balanced trade, Walter Kemmsies, chief economist of port design...
The Panama Canal Pilots Union, which is in negotiations for a new five-year contract, said it was encouraged by statements made by Panama Canal Authority CEO Jorge Quijano at the 15th annual TPM...
Shippers who tried to divert their containerized cargo to the U.S. East Coast during the paralyzing port congestion at West Coast ports in the last few months were not always successful because they...
SeaLand, the hallowed container shipping brand relaunched by Maersk Line in January, sees an opportunity to gain market share in the Latin American lanes resulting from two mergers — between two...
The economic fundamentals of the trans-Pacific trade are strengthening, setting the stage for what would normally generate rapid growth in container volumes, especially in the eastbound trade. But...
The Panama Canal Authority is setting its sights on retaining the increase in container volumes from Asia to the U.S. East and Gulf Coast ports it gained in recent months, thanks to shippers...
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