Renzo and Andrea Rosso Push OTB’s Sustainability Agenda to New Heights
Beauty’s Highest-paid CEOs
container shipping
Freight Forwarders Aren’t Sure When Demand Will Return
Only 18 percent expect demand to resurface within one-to-three months—just as peak shipping season arrives…
Ocean Freighter Ordered to Pay Furniture Retailer $9.8M
Judge Erin Wirth called the Maersk-owned shipping firm's refusal to fulfill service contracts with OJ…
What Germany Recession Means for European Container Demand
Container spot rates from Shanghai to Rotterdam and Genoa have fallen the most among major trade lanes over…
Shipping Firm Claps Back at Bed Bath & Beyond’s $31.7M Complaint
OOCL disputed allegations that it "drove up freight rates, created artificial scarcity," and "unjustly and…
Why the Supply Chain is Setting Up a Buyer’s Market to End 2023
For the first time since June 2020, global supply chain capacity is now underutilized, the GEP Global Supply…
April US Container Volume Buoyed by China’s Export Recovery
China represented 36.8 percent of total U.S. container imports in April, a 5.2-percent jump from March…
CMA CGM in $5.5 Billion Logistics Deal
With the third-largest share in the global container market, the French company is closing in on its biggest…
Maersk CEO Figuring Out ‘Radically Changed Business Environment’
Collapsing freight rates and declining demand cut the ocean carrier's Q1 revenues.
Bed Bath & Beyond Claims Ocean Carrier Owes it $32 Million
Plus, the bankrupt retailer has been sued by a different shipping company it says owes it more than $7…
East Coast Ports a ‘Safer Bet Right Now,’ but Here’s When West Coast Could Bounce Back
Nearly two-thirds of U.S.-bound shipments arriving in early April entered the country via East Coast ports…
‘Freight Recession’ Sinks Container Prices
Global container prices have plummeted 14.3 percent since the start of 2023, but many expect prices and…
Global Port Activity Slumps to 3-Year Low
Drewry says January's port throughput slid 4.5 percent from a year ago, for the lowest monthly container…
These Logistics Techies Are Getting Investor Attention
Supply chain tech firms BlueCargo and Slync raised a combined $35 million amid growing demand for cargo…
Container Prices Are in Freefall
Asia-to-U.S. East Coast container rates in January were 84 percent lower than the year prior, according to…
What’s in Store for Dwell Times, Blank Sailings and Cargo Capacity in 2023
Since March 2022, West Coast ports saw dwell times dip from eight to six days while East Coast ports cut them…