Container Shipping News

The latest container shipping news and analysis of ocean container shipping, logistics, supply chains, technology solutions and end-to-end connectivity. Coverage includes the movement of containerized cargo handled by marine terminals and container ports, depots, container lines, drayage, consignees, importers and shippers, forwarders, non-vessel operating common carriers (NVOCCs) and off-dock warehousing providers. The Journal of Commerce's container shipping news includes news from the trans-Pacific, Asia-Europe, North America-Caribbean, Central and South America trades, and intra-Asia trades.

The latest Container Shipping News & Analysis

Wincanton drops CEVA bid to accept huge cash offer from GXO

Greg Knowler, Senior Editor Europe |
The offer made by CEVA in January appeared to be a done deal, but GXO’s competing bid delivered a 26% premium on the CEVA offer and was swiftly accepted by Wincanton’s board.
ForwardingSurfaceTrucking NewsLTL

K+N buoyed by ‘robust’ 2023 result, late Q4 market recovery

Greg Knowler, Senior Editor Europe |
The market upswing that began in November has continued through February, with the forwarder expecting further growth this year, especially in ocean freight.
ForwardingContainer Shipping NewsAir Cargo

MSC reinstates India-USEC ‘Indusa’ string amid now-routine Red Sea diversions

Bency Mathew, Special Correspondent |
The capacity reinstatement is also a boon for Indian shippers facing intermittent void calls and longer transits as they try to maximize exports ahead of the current fiscal year closing on March 31.
MaritimeContainer Shipping NewsContainer linesNorth American portsInternational ports

Modest economic hit from Red Sea disruption obscures larger shipping changes

Mark Szakonyi, Executive Editor |
Even as the industry seemingly adjusts to the new status quo of routing ships around southern Africa, there are significant — yet less apparent — changes afoot in container shipping, writes Journal of Commerce Executive Editor Mark Szakonyi.
MaritimeContainer linesTrans-PacificTrans-AtlanticPort NewsNorth American portsInternational ports

Overland Saudi container transits gain traction as Red Sea diversions continue

Peter Shaw-Smith, Middle East contributor |
The prospects of trucking goods from the eastern coast of Saudi Arabia to the trade hub of Jeddah on the Rea Sea looks increasingly more favorable amid soaring ocean spot rates and few signs that southern Red Sea security will be restored soon.
MaritimeContainer Shipping NewsContainer linesInternational ports

CMA CGM closes $5 billion Bolloré deal, but faces bidding war for Wincanton

Greg Knowler, Senior Editor Europe |
The carrier’s acquisition spree has brought one of France’s largest transport and logistics companies into the group, but its bid to acquire UK forwarder Wincanton is being challenged.
MaritimeForwardingSupply chain

PayCargo targets invoice automation with Rippey AI acquisition

Eric Johnson, Senior Technology Editor |
PayCargo has taken a majority ownership stake in process automation company Rippey AI to better connect invoicing to payment transactions.
Logistics Technology NewsContainer Shipping NewsForwardingAir CargoSupply chain

Ocean carrier push for carbon pricing mechanism not without risk

Peter Tirschwell |
Carriers are advocating in increasingly vocal and high-profile ways to ensure that an effective price on carbon comes out of IMO deliberations and puts regulatory teeth behind its commitment to eliminate carbon emissions from shipping by or around 2050.
MaritimeContainer linesTransport, Trade, and Regulation News

APM looks to ease trucker woes over New Jersey terminal appointment system

Michael Angell, Associate Editor |
APM Terminals will make more slots available for retrieving import containers at its Port Elizabeth site as truckers say delays in booking appointments are worsening.
North American portsContainer Shipping NewsDrayageTrucking News

Cosco to partner in ONE's upcoming India-US East Coast WIN service: sources

Bency Mathew, Special Correspondent |
The move makes sense, according to a Mumbai-based source, as ONE needs a partner to fill space and Cosco needs a strong service out of India.
MaritimeContainer Shipping NewsContainer lines

Carrier on-time service levels plummeted in January amid Red Sea crisis

Greg Knowler, Senior Editor Europe |
A drop in schedule reliability was expected on trade lanes such as Asia-Europe and Asia-US East Coast, but the diversions around southern Africa have also affected routes not directly connected to the Red Sea.
MaritimeContainer Shipping NewsContainer linesTrans-PacificTrans-AtlanticAsia-Europe

New Saudi feeder line to tap into Red Sea-driven changes in demand

Greg Knowler, Senior Editor Europe |
Folk Maritime’s stated goal is to “fill an essential void” in the regional maritime market, with its launch coinciding with heavily disrupted container shipping flows.
MaritimeContainer Shipping NewsContainer linesAsia-Europe

Combined MSC service stretches from Baltics to South America’s West Coast

Michael Angell, Associate Editor |
The Port of Jacksonville said the first ship on the newly combined trans-Atlantic and north-south service from Mediterranean Shipping Co. called the port this month.
North American portsContainer Shipping NewsContainer linesTrans-Atlantic

Managing transshipment hubs key to success of Gemini alliance: Drewry

Greg Knowler, Senior Europe Editor |
The hub-and-spoke model designed by Maersk and Hapag-Lloyd will depend heavily on the reliability of shuttle and transshipment operations to and from mainline terminals, according to the maritime consultancy.
MaritimeContainer Shipping NewsContainer lines

Volume uncertainty shrouds carriers' March pricing plans on Indian trades

Bency Mathew, Special Correspondent |
Forwarders believe carriers are now a bit uncertain about their ability to secure enough cargo from shippers for spot bookings given that some exporters are known to have put their orders on hold because of high ocean rates and other challenges.
MaritimeContainer Shipping NewsContainer linesInternational ports

Employers ink deal with Montreal port checkers while primary talks languish

Michael Angell, Associate Editor |
Both sides say cargo is leaving Montreal due to the inability to reach a new contract deal with the port’s main longshore union.
North American portsContainer Shipping NewsLongshore laborTransport, Trade, and Regulation News

Red Sea surcharges being ‘maximized’ by carriers: shipper group

Greg Knowler, Senior Editor Europe |
The additional operating costs of diverting ships around southern Africa does not justify the scale of the surcharges being levied by ocean carriers, according to the European Shippers’ Council.
MaritimeContainer Shipping NewsContainer linesAsia-Europe

FMC’s new rules to prevent truckers from being hit with D&D bills

Michael Angell, Associate Editor |
Under final guidelines for detention and demurrage billing, only the shipper or consignee can be on the hook for such charges and bills must be sent within 30 days.
Trucking NewsContainer Shipping NewsContainer linesNorth American portsDrayageTransport, Trade, and Regulation News

Asia gateways scramble as Gemini alliance plans big shift to feeder port network

Keith Wallis, Special Correspondent |
The move has already prompted Busan, one of the ports most affected by the downgrade, to urge Maersk and Hapag-Lloyd to rethink their Gemini vessel schedules and restore some calls at the South Korean gateway.
MaritimeContainer Shipping NewsContainer linesTrans-PacificTrans-AtlanticAsia-EuropeInternational ports

GSBN draws new ports to its shared digital infrastructure concept

Eric Johnson, Senior Technology Editor |
Large terminal operators and container lines have backed an effort to build a common digital platform, which this week lured three global port operators into its network.
MaritimeContainer Shipping NewsContainer linesMarine terminalsInternational portsLogistics Technology News

Sharp drop in CMA CGM’s 2023 results were ‘expected’: Saadé

Greg Knowler, Senior Europe Editor |
The carrier presented a mixed outlook for 2024, expecting sluggish economic growth, rising geopolitical uncertainties and excess capacity to be accompanied by inventory replenishment and consumer spending on goods.
MaritimeContainer Shipping NewsContainer lines

Shipping executive who led trans-Pac rate-setting conferences dead at 81

Bill Mongelluzzo, Senior Editor |
Al Pierce was a shipping veteran who headed up ocean carrier rate-setting conferences and later the so-called “discussion agreements” in the trans-Pacific trade beginning in the late 1980s.
MaritimeContainer Shipping NewsTrans-Pacific

Asian shipowners to see €500 million ETS charge this year: analysis

Greg Knowler, Senior Editor Europe |
The ETS will affect 4,000 Asian-flagged vessels, which equates to one-third of the total 12,500 cargo and passenger ships that are subject to the European Union carbon tax.
MaritimeContainer Shipping NewsContainer linesAsia-Europe

Flexport resurrects Convoy truckload tech as tool for drivers, brokers

Eric Johnson, Senior Technology Editor |
Increased driver adoption of apps in the truckload industry was driven in part by now-shuttered broker Convoy, whose technology was relaunched Thursday by forwarder Flexport.
Logistics Technology NewsForwardingTrucking NewsTruck brokers

India-Europe trade hit hard by longer transits amid Red Sea diversions

Greg Knowler, Senior Editor Europe |
Carriers are dealing with a significant backlog of cargo that has built up because of longer transit times, cutting down available space for exports and raising rate levels.
MaritimeContainer Shipping NewsContainer linesForwardingInternational ports

No bump yet in trans-Pacific demand from Red Sea, Panama Canal: Matson

Michael Angell, Associate Editor |
Matson said its trans-Pacific volume outlook for 2024 is roughly flat with last year owing to modest growth in its Jones Act business and little impact yet from other supply chain crises.
Container linesContainer Shipping NewsTrans-Pacific

White House counters risk of Chinese port cranes with $20 billion for US sourcing

Michael Angell, Associate Editor |
Along with new funding for the domestic manufacturing of container cranes, the Biden Administration has given the US Coast Guard more power to monitor cyberattacks on port and maritime infrastructure.
North American portsContainer Shipping NewsTransport, Trade, and Regulation News

January cargo spike could suggest import recovery in eastbound trans-Pacific

Bill Mongelluzzo, Senior Editor |
The fourth consecutive month of year-over-year growth in US imports from Asia might be a sign the world’s busiest trade lane has turned the corner after a lackluster 2023 in which imports declined about 13%.
MaritimeContainer Shipping NewsContainer linesTrans-PacificNorth American ports

Supreme Court declines to hear SC Ports’ appeal of Leatherman ruling

Michael Angell, Associate Editor |
The decision to not hear the appeal leaves intact a ruling that allows the International Longshoremen’s Association to sue ocean carriers that use the Leatherman terminal, an apparent blow to the so-called “hybrid” labor model used in Charleston.
Longshore laborContainer Shipping NewsContainer linesNorth American ports

Rotterdam, Hamburg volumes fell last year as weak economy hit demand

Greg Knowler, Senior Editor Europe |
High inflation, the rising cost of living and geopolitical tensions suppressed demand from European consumers and industry in 2023, with few signs of a turnaround apparent for this year.
MaritimeContainer Shipping NewsContainer linesAsia-Europe

Global green fuel pricing must ‘coexist’ with Europe’s ETS: WSC

Greg Knowler, Senior Editor Europe |
By the time the IMO measure is introduced, the European carbon tax will have already been in place for three years, raising concerns that lengthy EU scrutiny of the global mechanism could see shippers hit with a double tax.
MaritimeContainer Shipping NewsContainer linesTransport, Trade, and Regulation News

ONE, Wan Hai align on a ‘revamp’ of a trans-Pacific service to West Coast

Michael Angell, Associate Editor |
The new partnership with Wan Hai comes as ONE — along with Yang Ming and HMM — faces the loss of THE Alliance partner Hapag-Lloyd, which is leaving the vessel-sharing agreement for a new partnership with Maersk.
Container linesContainer Shipping NewsTrans-PacificNorth American ports

Container shipping still has an overcapacity problem, but it’s far from insurmountable

Mark Szakonyi, Executive Editor |
When carriers, and more importantly their insurers, regain confidence in transiting the Suez Canal via the Red Sea, a massive — but not insurmountable — oversupply will await them.
Container lines

Green fuel mechanism ‘a rifle shot’ at addressing fuel pricing gap: WSC

Greg Knowler, Senior Europe Editor |
A core challenge facing container shipping is how to craft a global greenhouse gas pricing regulation that can bridge the price gap between green and fossil fuels while spurring investment in alternative fuels.
MaritimeContainer Shipping NewsContainer linesTransport, Trade, and Regulation News

Carriers deploy 13,000-TEU ‘feeder’ vessels to serve Asia-Med trade

Greg Knowler, Senior Editor Europe |
Container shipping networks from Asia to North Europe and the Mediterranean are being reshaped as carriers redeploy capacity to compensate for the additional transit time needed to sail around southern Africa.
MaritimeContainer Shipping NewsContainer linesTrans-AtlanticAsia-Europe

HMM posts slight Q4 profit, downplays collapse in takeover talks

Greg Knowler, Senior Editor Europe |
The South Korean carrier warned of rising uncertainty and a volatile container shipping market through 2024 but said the breakdown in takeover negotiations with the Harim Group earlier this month would have no impact on its operations this year.
MaritimeContainer Shipping NewsContainer lines

Reality of Red Sea capacity ‘crisis’ is far different than the hype

Peter Tirschwell |
The vessel diversions around southern Africa driven by the Red Sea security situation will turn out to be merely a brief distraction from an overall picture of overcapacity that has been building since 2022, writes Peter Tirschwell.
MaritimeContainer Shipping NewsContainer lines

Logistics’ complicated structure requires equally complex approach to AI usage

Eric Johnson, Senior Technology Editor |
ChatGPT and generative AI have captured most of the attention around artificial intelligence in logistics, but the diverse range of processes underpinning global supply chains require multiple types of AI working in concert.
Logistics Technology NewsContainer Shipping NewsForwardingAir Cargo

PMA taps COO Hennessey to replace McKenna as president, CEO

Bill Mongelluzzo, Senior Editor |
Stephen Hennessey joined PMA in 2004 after holding management positions in the shipping and trucking industries, including with Sea-Land Service, Roadway Express and Horizon Lines.
MaritimeContainer linesMarine terminalsLongshore laborNorth American ports

Carriers, shippers using feeder networks to mitigate Red Sea port disruptions

Peter Shaw-Smith, Middle East contributor |
The shipping industry still deems southbound voyages through the Suez Canal as far as Jeddah Islamic Port in Saudi Arabia as beyond the reach of the militant attacks that have forced the majority of large container ship traffic to divert around the Cape of Good Hope in southern Africa.
MaritimeContainer Shipping NewsContainer linesInternational ports