container shipping
Looking Ahead, Plenty to Worry About at the Ports
Ocean schedule reliability across global trade lanes hit a low of 32 percent to close 2021, well short of the…
Port of Los Angeles Broke Cargo Record in 2021
Executive director Gene Seroka lauded $17 billion in federal funds earmarked for the port in the…
Asia Container Turn Times Accelerate as US Remains Mired in Congestion
Severe congestion in many destination ports saw container dwell times at depots reach near-record levels in…
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Ocean Freight ‘Profiteering’ Draws Outrage
Drewry expects to see $150 billion in 2021 ocean carrier profits, "more than has been achieved in the…
Why Futures Contracts May Be the Key to Stabilizing Freight Rates
Six new futures contracts are scheduled to start trading in February, as freight rates remain north of 165…
Beleaguered Freight Supply Chain Showing Some Signs of Improvement
Vessel traffic data shows a drop in wait times directly outside the ports of Long Beach-Los Angeles in the…
Omicron: What to Know About Air Freight and Ocean Cargo
Everstream reported 25 logistics and supplier incidents related to omicron in the week since WHO named it…
World’s First Autonomous Electric Container Ship Sets Sail
The Yara Birkeland feeder vessel is set to replace truck haulage between Yara's plant in southern Norway and…
CMA CGM, Engie to Decarbonize Shipping
The partnership aims to support the development of a synthetic methane production and distribution industry…
West Coast Ports Agree to Queue System, LB Port Congestion Crimps Container Volume
Vessels in the SoCal major ports will be assigned to an arrival queue based on the departure time from their…
Burglars With Bolt Cutters Pilfer Port-Adjacent Cargo
Plus, a CMA CGM deal comes as Flexport's CEO outlined five ways to tackle the lack of yard space and chassis…
Here’s How Much Air Freight Costs, Demand Have Escalated in 2021
One freight forwarder has already seen a 25 percent increase in air cargo inquiries.
Container Crushes Car Near Overloaded LA Port
With dozens of ships waiting 10-plus days to unload, the nation's busiest port complex is making headlines…
Britain’s Busiest Port Battles Backlog Traffic Jam
Felixstowe blames driver shortages for a backlog of up to 7,500 containers, and Maersk is already rerouting…
‘Outlandish Profits’: Cargo Carriers on Track for ‘Eye-Watering’ Earnings This Year
While carriers are set to earn $150 billion this year, the American supply chain is struggling to absorb a…