European regulators will find it increasingly hard to ignore complaints from shippers that supply chain delays and record transport prices are hurting their business, say shipper groups.
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With their profitability now firmly established, carriers appear to be placing renewed vigor into growing their contracted cargo base.
CMA CGM said its decision to suspend all spot rate increases until early 2022 is a matter of prioritizing long-term relationships with customers.
The tight space and delayed shipments affecting European shippers are being driven by capacity-side issues, with increasing levels of deployed capacity effectively cut back by supply chain...
Smaller carriers have been able to shake off pre-pandemic losses and enjoy the profitability once reserved for the largest carriers that have the size to cut unit costs and offset low-rate levels.
A tax on carbon emissions from global shipping will accelerate the development and deployment of zero-carbon fuels, believes the International Chamber of Shipping
Digitalization of the industry is more than just an IT project, and needs greater corporate buy-in from executives in corner offices on the top floor all the way down to workers on the ground,...
Carriers keep building their fast-growing orderbooks, with OOCL adding another 10 vessels to the already significant capacity the Cosco Shipping subsidiary has on order.
Disruption to Asia-North Europe supply chains is growing as the trade moves into its peak shipping period facing soaring rates and falling service levels.
With trust between carriers and their customers at an all-time low in a highly unstable container shipping market, there is growing interest from all parties in the multiyear, two-way contracts...
Air freight spot rates out of Shanghai shot up this week to the highest they've been this year as the capacity-slashing COVID-19 disruption across China’s major airports hit prices.
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