Carriers will have to reduce services or risk upsetting the supply demand balance as a massive injection of capacity is delivered between now and 2019.
The port of Rotterdam has consolidated its position as Europe's leading container port after several years of sluggish growth.
As of Aug. 16, Port Everglades has replaced Miami on the TA1/NEUATL1.
“We are taking a gateway view.”
At least three carriers have pre-filed general rate increases.
Does an atypically "robust" summer for US freight demand signal higher road and rail rates ahead for shippers?
There were 12 vessels waiting to enter the port Friday morning.
At this point, Flexport is the only digital freight company wading into physical logistics.
The move would heighten competition in a key US domestic market.
After getting off to such a strong start that rates soared and space on ships ran out, exports from Europe to Asia fell steadily in the second quarter.