Latest news

Retailers welcome new Asia-US services by Maersk and Cosco/OOCL, but expect minimal impact on the huge supply/demand imbalance in the trade.

Ratings agency Moody’s is expecting container shipping profitability to soar on a supply-demand imbalance that strongly favors the carriers.

The COVID-19 pandemic has shippers eyeing a blend of local and global sourcing locations, but with a focus on continuity of supply, according to a report by DSV and Cardiff University.

Despite higher costs to move automobiles and high and heavy cargoes, and uncertainties related to the COVID‑19 pandemic that continue to challenge the recovery, demand is rebounding quickly.

Indian exporters already facing July general rate increases from carriers have a new cost to worry about — a “heavy lift surcharge” levied by Hapag-Lloyd, with other liners expected to follow suit.

Houston pilots said they will allow larger ships to transit the ship channel in a nod to ease a restriction that was seen as falling unfairly on the container shipping industry.

Global detention and demurrage charges doubled over the past year as shippers faced unprecedented delays in moving their cargo and ocean carriers sought quick return of equipment, according to Container xChange.

Waves of freight are flooding the less-than-truckload market from all sides, and shippers will need to be "creative" to get capacity, according to Yellow CEO Darren Hawkins.

Port and terminal managers expect the NWSA of Seattle and Tacoma to quickly recover from a one-day shutdown of several container terminals due to unprecedented high temperatures in the region.

Air freight is increasingly being called in to replenish urgent retail stocks as sustained consumer demand in the US and Europe cleans out inventories.

New ship orders continue to roll in from container shipping companies, raising the orderbook-to-fleet ratio to levels that could cause another bout of overcapacity, especially if demand drops.

High-profile digital intermediaries Flexport and Convoy are partnering to provide shippers an integrated ocean and truckload service by connecting their respective technology platforms.

When assessing the ocean container market, participants should not only look at the headline-grabbing rate figures — the spread is equally important.

The Patrick rail terminal is the main gateway for Australia’s containerized agricultural exports, including grains and meat from inland farms on the east coast.

A member of the Federal Maritime Commission said the container alliances must address empty container returns in New York and New Jersey or face shortages of drayage truckers.

North European port congestion will last through the summer, and carriers are adjusting their regional rotations to offset the delays.

Cargo owners without long-term contracts are finding the Asia-Europe spot market an expensive place to be, with no relief from record high levels.

Norfolk Southern is significantly cutting domestic intermodal service on two dozen lanes as an emergency measure because of the safety recall of 5,100 chassis.

Refrigerated containers have become so scarce on the north–south North America–Latin America trade that shippers are signing guaranteed volume contracts with carriers, who in some cases are canceling spot cargo bookings because they cannot provide the equipment.

Vessel on-time performance to the West and East coasts improved slightly in May for the second consecutive month, although it was still the worst May ever recorded in the Asia-North America trade.

Hapag-Lloyd’s North American president said shippers face the prospect of elevated rates through 2022 as the ability of all ocean and motor carriers to inject additional capacity is at its limit.

The Port of Charleston has restored pre-COVID-19 Saturday hours to handle volumes affected by double-digit import growth and a labor lawsuit involving the Hugh K. Leatherman Terminal.

The largest US trucking company is more profitable than ever despite the capacity and service challenges posed by waves of e-commerce-generated freight and a resurgent industrial economy.

Mundra’s cargo gains largely come at the expense of Jawaharlal Nehru Port Trust as both target the same northern hinterland corridor for growth.

Shippers have long bemoaned what they consider punitive detention and demurrage fees for exceeding contracted free time, but those charges can cost cargo owners more than the stated dollar amount.

The US Department of Transportation met with groups representing major container lines and retailers, and officials say they are looking at solutions to mitigate the capacity crunch causing port congestion.

The Port of Wilmington announces the start of a new refrigerated container service for the region’s produce shippers as it seeks to partake in reefer import growth along the US East Coast.

The plight of one BCO on the hook for huge storage fees is familiar to fellow importers struggling to access thousands of containers at Union Pacific Railroad’s Global IV terminal in Joliet, Illinois.

The European Commission is taking a greater interest in the heavily disrupted container shipping sector where service has deteriorated and soaring rates are rivaled only by shipper frustration levels.

Mediterranean Shipping Co. says it will meet the IMO’s short-term emissions targets, but its CEO says the only effective way for shipping to decarbonize will be to find a carbon-neutral fuel.

Supply chain-focused venture fund Dynamo has raised a new tranche of capital it will use to invest in early-stage startups in international logistics and surface transportation, among other adjacent categories.

TradeLens has followed expansion into China with full integrations of Hapag-Lloyd and Ocean Network Express, meaning the platform now has five of the world’s top six container lines.

A shortage of railcars and backlog of rail containers that first surfaced in Los Angeles-Long Beach this winter have migrated up the coast to Seattle, resulting in significant congestion at the Northwest Seaport Alliance’s largest container terminal.

There is a danger in Congress legislating an update to US shipping law during a crisis — a potential overreach and overreaction to an unprecedented global crisis that could ultimately hurt the shippers so-called reforms hope to help.

A lack of truck drivers and equipment, not a cooler economy, is behind a recent drop in for-hire trucking tonnage and spot market volume, as demand overshoots supply chain capacity.

The new shuttle operation in southern India is significant as Colombo and Jebel Ali dominate transshipment movement to and from the east coast of the country.

Operations at the congested Yantian terminals are back to normal, but there is a significant backlog to clear just as the China export trade picks up for peak season.

Rising freight rates and prices for raw industrial materials have shippers scrambling to rework budgets and adjust procurement strategies and project schedules.

The International Council of Containership Operators, also known as the Box Club, is shutting down operations after 48 years due to the changed environment for the industry.

An industry group is urging participants along the supply chain to quickly turn around equipment as the July 4th holiday will see severe tightness for containers and chassis.