With capacity out of Oakland severely limited by carrier desertions last winter, Northern California agricultural shippers are desperate for vessel space this harvest season.
Chinese state-owned Cosco Shipping Ports has expanded its European footprint with the addition of a minority stake in a Hamburg terminal.
The ports of Los Angeles and Long Beach promise quick action to extend gate hours amid record cargo volumes, but their suggestions need buy-in from terminal operators, truckers, and shippers.
The Port of New Orleans and other Louisiana ports make an appeal for federal aid to restore operations that were damaged by Hurricane Ida.
After a year of pandemic-induced delays, demand for refrigerated containers equipped with active controlled-atmosphere (CA) technology, typically reserved for high-value produce, has increased among a wider range of shippers.
Maersk issued its third upgrade of full-year 2021 results thanks to the continued strength of its ocean business and high freight rates.
A consortium of container industry heavyweights has enlisted three banks in Asia to advise it on development of trade finance solutions to tether shipping data to new financing opportunities.
Maersk is acquiring a Portuguese company that specializes in outsourced e-commerce fulfillment services to the fashion industry as the ocean carrier moves deeper into integrated logistics services.