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

Deutsche Bahn launches long-awaited sales process for DB Schenker unit

Greg Knowler, Senior Editor Europe |
Those making offers — which analysts say could top $20 billion — are expected to be a list of major global forwarders including DSV, Kuehne+Nagel and DHL Global Forwarding.
Supply chainContainer Shipping NewsForwardingAir Cargo

Questions raised over winning bidder for controlling stake in HMM

Greg Knowler, Senior Editor Europe |
The South Korean carrier has settled on an offer from a consortium led by poultry producer Harim Group, but there are doubts over the buyer’s ability to manage a global shipping line.
MaritimeContainer Shipping NewsContainer lines

Red Sea rerouting to raise ocean rates, absorb capacity: analysts

Greg Knowler, Senior Editor Europe |
While moves to send ships around Africa in response to the Red Sea attacks may be driven by safety concerns, the rate hikes that will accompany the emergency action will be welcomed by carriers in the loss-making trade lane.
MaritimeContainer Shipping NewsContainer linesAsia-Europe

MSC expands Indian container terminal play with Adani Group deal

Bency Mathew, Special Correspondent |
Acquiring a terminal stake at Ennore in southern India builds on MSC’s existing 50/50 terminal joint venture with Adani at Mundra Port.
MaritimeContainer Shipping NewsContainer linesInternational ports

Container lines await Red Sea naval protection as they divert from Suez

Mark Szakonyi, Executive Editor |
Expectations that the US Navy will step up maritime protection in the Red Sea following an increasing number of attacks on commercial shipping hasn’t stopped carriers from routing services away from the Suez Canal.
Container linesContainer Shipping NewsTrans-PacificAsia-EuropeNorth American portsInternational portsTransport, Trade, and Regulation News

Panama Canal restrictions, Suez attacks kickstart West Coast cargo shift

Bill Mongelluzzo, Senior Editor |
A slower than anticipated shift of cargo back to the West Coast since ratification of the coastwide labor contract could accelerate in the coming months due to restrictions at the Panama Canal and this week’s hostilities involving container ships in the Red Sea, which could affect Suez routings.
MaritimeTrans-PacificPort NewsNorth American ports

Hapag-Lloyd vessel hit in Red Sea ‘choke point’

Greg Knowler, Senior Editor Europe |
Several vessels heading south for the danger zone off the coast of Yemen are making U-turns and will likely take the far longer route around the African continent via the Cape of Good Hope.
MaritimeContainer Shipping NewsContainer linesAsia-Europe

US retailers increase import forecast amid expectations for ‘record’ holiday sales

Bill Mongelluzzo, Senior Editor |
A strong Black Friday and Cyber Monday, coupled with rosy sales expectations, are spurring US retailers to boost their import forecasts for early 2024, according to the National Retail Federation.
Trans-PacificContainer linesMarine terminalsNorth American portsNorth-American rail

Crew, vessel safe after Maersk container ship targeted in latest Red Sea attack

Keith Wallis, Special Correspondent |
Attacks have intensified since the end of last month when Iran-backed Houthi rebels began indiscriminately targeting ships sailing in the Red Sea near Yemen, leading some operators to avoid sailing in the area.
MaritimeContainer Shipping NewsContainer linesInternational ports

Wide variances remain in Europe ETS levies ahead of Jan. 1 start date

Greg Knowler, Senior Editor Europe |
While carriers have been revising their ETS surcharges with carbon pricing on the markets becoming clearer ahead of the implementation date, the price differences have shippers and analysts scratching their heads.
MaritimeContainer Shipping NewsContainer linesTrans-AtlanticAsia-Europe

THE Alliance's 2024 network adds port calls as services remain suspended

Michael Angell, Associate Editor |
Next year’s schedule will see two services that were suspended in 2023 remain offline, but two Asia-US services will be restored and new port calls added overall.
Container linesContainer Shipping NewsNorth American ports

Rise in trans-Pacific air freight rates tempered by weak underlying market

Greg Knowler, Senior Editor Europe |
Rates on the eastbound trans-Pacific are at levels not seen since September 2022, but indicators suggest the market strength will not extend too far into 2024.
Air CargoTrans-PacificAir Cargo Carriers News

North Carolina port expands reefer operations with cold treatment facility

Teri Errico Griffis, Associate Editor |
The facility sets up the Port of Wilmington to become a key point of entry for importers of refrigerated blueberries, grapes, apples, pears, citrus and a broad variety of organics.
North American portsContainer Shipping NewsPort infrastructureCool Cargo News

Shifting geopolitics, climate and labor ratchet up risk for container shipping

Mark Szakonyi, Executive Editor |
Container shipping is hardly the only industry to feel the impact of organized labor’s bargaining power, nor is it unique in dealing with heightened geopolitical flashpoints or regulatory pressures tied to decarbonization, writes Journal of Commerce Executive Editor Mark Szakonyi.
MaritimeContainer linesMarine terminalsLongshore laborNorth American portsTransport, Trade, and Regulation News

Overcapacity, larger ships mean challenges for carriers, pain for shippers

Peter Tirschwell |
It’s looking like 2024 will follow a familiar script for container shipping, with ocean carriers facing down market challenges by taking action that typically disadvantages their customers, writes Peter Tirschwell.
MaritimeContainer linesMarine terminalsNorth American portsInternational ports

India-US carriers raise GRI hopes for 2024 amid export rebound signs

Bency Mathew, Special Correspondent |
Despite Indian exports picking up, there is skepticism about a rosier 2024 in the wake of multiple potentially disruptive events unfolding in the container shipping industry, including Panama Canal restrictions and recent attacks on commercial shipping in the Red Sea.
Container Shipping NewsContainer linesNorth American portsInternational ports

Canadian shippers urge Ottawa to act as Montreal port talks hit impasse

Michael Angell, Associate Editor |
The union chief representing Montreal dockworkers said the big issue of wages has yet to be hashed out less than a month before the deadline for a possible strike at Canada’s second-busiest port.
North American portsContainer Shipping NewsLongshore labor

FMC officer dismisses complaint against Hapag-Lloyd over street turn charge

Teri Errico Griffis, Associate Editor |
Motor carrier TCW was unable to prove that street turn fees violate US shipping law in one of the first test cases to see how the Federal Maritime Commission might regulate those charges.
Transport, Trade, and Regulation NewsContainer Shipping NewsContainer linesSurface

Green rules, tighter capacity make case for 2024 rate boost: Hapag-Lloyd CEO

Michael Angell, Associate Editor |
Rolf Habben Jansen said current rates are “not sustainable” given higher overall operating costs and the potential that excess ship capacity will be absorbed due to Panama Canal diversions and greenhouse gas rules.
Container linesContainer Shipping News

Carriers adjust to rules requiring ETS surcharge to be included in China exports base rate

Greg Knowler, Senior Editor Europe |
While the preferred approach by carriers is to calculate exposure to the ETS and recover costs per container in a separate surcharge, that will not be possible for Chinese exports to Europe under Shanghai Shipping Exchange regulations.
MaritimeContainer Shipping NewsContainer linesTrans-AtlanticAsia-Europe

US DOT data-sharing initiative on cargo visibility gaining momentum

Teri Errico Griffis, Associate Editor |
The Freight Logistics Optimization Works (FLOW) program offers a free view of supply-demand data across several metrics to help make transportation management decisions easier for US supply chain stakeholders.
Logistics Technology NewsContainer Shipping NewsTransport, Trade, and Regulation News

Nestlé inks deals with carriers to move volume via green transport services

Greg Knowler, Senior Editor Europe |
The world’s largest food and beverage company is the latest shipper to sign on to emissions-cutting services, committing half its global shipping volume to premium green products offered by Hapag-Lloyd, Maersk and CMA CGM.
MaritimeContainer Shipping NewsContainer lines

MSC bid for French forwarder extends carrier’s recent buying spree

Greg Knowler, Senior Editor Europe |
There has been no sign of a slowdown in the carrier’s acquisition activities as it uses its cash-rich position to expand its footprint in key port and logistics markets.
MaritimeContainer Shipping NewsContainer linesForwardingAsia-Europe

GPA lines up final funding for Northeast Georgia inland rail terminal

Michael Angell, Associate Editor |
The Blue Ridge Connector will have 18,000 feet of working track and an annual lift capacity of up to 200,000 containers while providing shippers with an all-rail service from Savannah.
North American portsContainer Shipping NewsIntermodal providersNorth-American rail

Shippers weigh costly routing changes against possibility of East Coast strike

Peter Tirschwell |
Shippers who have built East and Gulf coast routings into their supply chains are taking no chances, raising the need for contingency plans in discussions with carriers and NVOs ahead of 2024 contract renewals.
Longshore laborContainer linesMarine terminalsNorth American ports

Maersk to invest $500 million in Southeast Asia logistics even as integrator model struggles

Keith Wallis, Special Correspondent |
The spending program will target the company’s logistics and services arm with a “substantial amount of investment” earmarked for its ocean and terminals infrastructure in the region.
Container linesMarine terminalsInternational portsAirport News

Europe’s ocean trades may see overlapping CO2 charges: DNV

Greg Knowler, Senior Editor Europe |
The IMO’s global market-based emissions-cutting measure will be introduced in 2027 when it will clash with Europe’s ETS and could force shippers to comply — and pay for — two CO2-reducing systems at the same time, classification societies believe.
MaritimeContainer Shipping NewsContainer lines

Carriers weigh options after Red Sea route threatened by missile attacks

Greg Knowler, Senior Editor Europe |
Three commercial ships were hit by rockets fired from Yemen over the weekend in a deteriorating security situation that has seen at least two ocean carriers introduce war risk surcharges on routes to and from Israel.
MaritimeContainer Shipping NewsContainer linesAsia-Europe

Fast-approaching green goals pose uncomfortable question for shipping: analyst

Lars Jensen, CEO & Partner, Vespucci Maritime, and Journal of Commerce analyst |
Given shipping’s relatively poor track record on implementing anything not rigorously enforced, and a preference to delay action to the last possible minute, there seems to be a high risk that decarbonization milestones will not be met, writes analyst Lars Jensen.
Container linesTransport, Trade, and Regulation News

Wakeo lands fresh investment in far less heated freight visibility market

Eric Johnson, Senior Technology Editor |
The company, which caters to shippers like Uniqlo and Michelin, will use the new round of funding to spur a global expansion of its multimodal freight visibility product.
Logistics Technology NewsContainer Shipping NewsTrucking NewsSupply chain

THE Alliance diverts ships through Suez ahead of Panama Canal transit cuts

Michael Angell, Associate Editor, and Mark Szakonyi, Executive Editor |
Liner operators in THE Alliance will switch transits on three services as low water levels on the Panama Canal reduce the number of ships that can use the main artery for container trade between the US East Coast and Asia.
Container Shipping NewsContainer linesNorth American ports

Carrier CEOs issue COP28-linked statement urging action on energy transition

Peter Tirschwell |
The rare joint statement reiterates earlier comments by container lines that a greenhouse gas pricing mechanism is needed to make green fuel competitive with traditional bunkers during the phase when both fuels will be in use.
Container Shipping NewsContainer linesTransport, Trade, and Regulation News

US warehouse fluidity returning to normal amid import drop, inventory discipline

Bill Mongelluzzo, Senior Editor |
US importers have finally cleared out most of the inventory overhang that kept their warehouses at capacity and created bottlenecks in their supply chains.
MaritimeContainer Shipping NewsTrans-PacificLast Mile News

Global liner performance unchanged in October, but USWC ticked higher

Michael Angell, Associate Editor |
While container volumes have largely returned to normal historical levels, ocean carriers still have not been able to restore performance to pre-pandemic levels.
Container Shipping NewsContainer linesNorth American ports

Shippers eye varied ‘training wheel’ approach to origin management technology

Eric Johnson, Senior Technology Editor |
Getting the most out of global logistics software sometimes involves using a forwarder as a co-pilot until a shipper is ready to run processes similarly to procurement and order management internally.
Logistics Technology NewsContainer Shipping NewsForwardingSupply chain

Order book more ‘manageable’ if measured in ship numbers, not TEUs: analyst

Greg Knowler, Senior Editor Europe |
Although the incoming capacity will outstrip demand on the major trades over the next two years, the capacity overhang that has been touted in many corners of the shipping sector is being overstated, says an industry analyst.
MaritimeContainer Shipping NewsContainer linesTrans-PacificAsia-Europe

Roadrunner to enter Canada as K+N, Canada Cartage make cross-border acquisitions

William B. Cassidy, Senior Editor |
The expansion of the three companies, all representing different modes across the US-Canadian border, underscores the depth of the relationship between the two economies.
SurfaceForwardingTrucking NewsTruckloadLTL

USDA invests $200 million to boost agricultural sector’s export efforts

Teri Errico Griffis, Associate Editor |
The fresh funding is part of recent federal efforts to increase economic opportunities for farmers and reduce food costs for US residents.
Transport, Trade, and Regulation NewsContainer Shipping News

Oversupplied Asia-Europe ocean trade readies for two December rate hikes

Greg Knowler, Senior Editor Europe |
The westbound trades out of Asia are heading into tender season with carriers attempting to lift rate levels before locking in long-term contracts being eroded by surplus capacity.
MaritimeContainer Shipping NewsContainer linesAsia-Europe

New CMA CGM service adds to intra-Asia capacity boost for Indian shippers

Bency Mathew, Special Correspondent |
The move complements a flurry of Asia-India service additions by niche regional carriers and newer feeder operators in recent months.
Container Shipping NewsContainer linesInternational ports