#Cargo Bali
Maersk 'test case' could shift balance of power in container shipping
Since the pandemic began, complaints of carrier misdeeds have circulated across the industry and around the globe. In the US, President Biden’s administrati...
Europe and US exporters cheer rate falls, but now face 'vessel pot-luck'
Backhaul container spot rates are experiencing significant drops, although North Europe and US shippers take “pot-luck” when nominating sailings due to t...
CMA CGM revises peak season surcharge from Europe to US East Coast
French ocean carrier CMA CGM has decided to revise its peak season surcharge from Europe to the United States East Coast. MORE NEWS : Container shipping...
Container shipping’s ‘big unwind’: Spot rates near pre-COVID levels
The billion-dollar question for container shipping markets at the beginning of 2022 was: “Party on or the big unwind?” It turned out to be the big unw...
CMA CGM Sees Abrupt Return to Normal for Freight Rates
French shipping giant CMA CGM has reported yet another huge quarterly profit, but uncertain economic conditions, normalizing trade flows and a sharp decline in freig...
Freight demand has not found the floor
Container imports, rail intermodal shipments and truckload demand have fallen from their lofty peaks during the pandemic era and may be a better indicator of how inf...
Carriers in ‘Panic Mode’ as China Bookings Plummet
Ocean carriers are said to be in “panic mode” as bookings from China to North Europe and the US west coast tank, causing FAK rates to plunge to new depth...
Maersk faces high-profile shipper complaint
Maersk is the latest carrier to face the ire of American shippers in a high-profile case that will spark greater debate about global carrier dominance in internation...
What to do with 18 shipping containers of rotting cabbages
Not many people would know what to do with 18 containers filled with rotting cabbages. But Jake Slinn does. The 23-year-old founder of JS Global operates in th...
The global shipping industry is facing a new problem — too many containers
While there was a shortage of containers at the height of the Covid pandemic, the global economy is now facing the opposite problem: too many containers. On top...
Falling U.S. Container Imports From China Hit West Coast Ports in October -Report
U.S. container imports tumbled again last month compared to a year ago as a decline in Chinese volumes continued to impact West Coast ports, according to new data re...
Chinese freight carriers fear further price declines when new container ships take to the seas next year
Ocean shipping rates for goods leaving China are likely to fall next year when new container vessels take to the seas, according to carriers at a major trade fa...
Ports of Singapore, Los Angeles and Long Beach to establish green and digital shipping corridor
The Maritime and Port Authority of Singapore (MPA), Port of Los Angeles, Port of Long Beach and C40 Cities – a global network of mayors taking action to confro...
Boeing says 60% more freighters needed by 2041 to support air cargo
Boeing on Wednesday fine-tuned last summer’s projection that air cargo demand will double over the next 20 years, fueling a 60% expansion in the global freight...
ONE denies new container ship grounded off Brazil
Japan’s Ocean Network Express (ONE) has denied a brand new boxship grounded off Itajai in Brazil on only its second visit. The 11,800-teu ONE Amazon (built...
03 November 2024
‘It’s all happening again.’ The supply chain is under strain
08 November 2024
Global Freight Rises But Shows Signs of Weakness in U.S.
23 Oktober 2024
Arctic Shipping Route to See First-Ever Panamax Containership
18 Oktober 2024