#logistics
Yokohama crowned worlds most efficient container port
The Japanese port of Yokohama has been crowned as the world’s most efficient box facility in a new study launched by the World Bank and data firm IHS Markit. A...
Hapag-Lloyd Places Huge Container Order to Combat Global Box Shortage
German shipping company Hapag-Lloyd has placed an order for 150,000 twenty-foot equivalent containers amid the pandemic-fueled container crunch in Asia and around th...
‘Madness’ at the Port of Los Angeles as Cargo Surge Breaks March and Year-to-Date Records
The Port of Los Angeles processed 957,599 Twenty-Foot Equivalent Units (TEUs) last month for a 113% leap compared to March 2020 when global trade slowed to a crawl a...
Shippers urged to get creative to combat space shortages
Shippers have been urged to get creative as capacity shortages and high rates in air cargo and other modes are expected to continue. In the latest Baltic Exchange ai...
An ‘aggressive’ fight over containers is causing shipping costs to rocket by 300%
SINGAPORE — A critical shortage of containers is driving up shipping costs and delays for goods purchased from China. The pandemic and uneven global economic r...
Shippers and forwarders claim carriers breach contracts to demand higher rates
As Asia-Europe container spot rates continue to skyrocket, shippers and freight forwarders are accusing carriers of breaching short- and long-term contracts to &ldqu...
Freight forwarders feel the US$10k heat, in red-hot Asia/Europe market
Freight forwarders say that with Asia-Europe rates rising at least fivefold year-on-year, and total rates for some cargo having topped US$10,000/FEU, shippers are de...
The Port of Halifax receives the largest container vessel to call at a Canadian port
Thursday morning, the largest containerized cargo vessel to call at a Canadian port arrived at the Port of Halifax. The CMA CGM Brazil, 366 metres length,...
MTL Investment in Taicang Terminal Pays Off
Hong Kong-based operator Modern Terminals Ltd (MTL) is enjoying the results of its investment in Taicang International Gateway, a deep-water terminal, as manufacture...
MOL selects Descartes to manage Customs filings
MOL has selected Descartes Systems Group, a global logistics solutions provider, to help manage its container division’s European Union (EU) Import Control Sys...
Dock strike in Australia over death
Hundreds of Western Australian wharfies and more than 1500 around Australia, have walked off the job for 24 hours in protest at a death at Melbourne Port yesterday m...
US provides Vietnam with container scanners
A memorandum of understanding (MoU), under which Vietnam's Ministry of Finance and the US Department of Energy will cooperate to prevent the illegal transport of...
01 September 2024
Container Prices Double, Leasing Rates Triple in China
04 September 2024
Maersk sets new bar with shipping’s first climate target validation
06 September 2024
Port of Los Angeles Reports Another Busy Month for Cargo Volumes
09 Agustus 2024