container shipping
Federal Maritime Commission Investigating Ocean Carrier Port Fees
The FMC is concerned that ocean carriers and their marine terminals may be amplifying the negative effect of…
Navigating Stormy Seas, Ocean Freight Outlook Cresting
A new report from UNCTAD expects global maritime trade to plunge 4.1 percent in 2020 due to the unprecedented…
Port of Los Angeles Nabs $9.9M Infrastructure Grant After Busiest September on Record
The grant will help fund improvements at the heavily traveled Harbor Boulevard-Front Street interchange and…
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WTO Goods Barometer Confirms Steep Drop in Trade, Hints at Nascent Recovery
The current barometer reading of 84.5 is 15.5 points below the baseline value of 100 and 18.6 points down…
LA Port Chief: Trade Policies Could Cost US 15% of Imports
L.A. port chief Gene Seroka said the country's largest port complex has suffered "two horrible shocks to the…
Dray Alliance Just Got $10 Million to Digitize This Sector of Logistics
The rise of e-commerce, accelerated by Amazon Prime, is forcing the logistics industry to a reckoning, Matrix…
New Ocean Alliance Product Sets Sail With 325 Container Ships and Fresh Trade Routes
The Ocean Alliance Day 4 Product has a tailored service offering with the use of 325 container ships and a…
Maersk’s Battery-Powered Cargo Container Ship Sets Sail for Sustainability
Maersk said the pilot will provide a greater understanding of energy storage and support the move toward…
CMA CGM’s New Shipfin Program Offers Import, Export Finance
The service includes two initial products, Supply Chain Financing and Cargo Financing, dedicated to importers…
Autonomous Ships Form a $6B Industry. How Soon Until Unmanned Cargo Ships Set Sail?
Autonomous cargo ships using cleaner energy than traditional vessels present a more sustainable alternative…
Digital Container Shipping Association Created for Greater Industry Standardization
Four major ocean freight carriers have formed the Digital Container Shipping Association to create common…
The Ongoing Consolidation of Shipping Points to Sector Sea Change
The consolidation of the ocean freight industry has continued this year, as a trio Japanese carriers merged…
Ocean Shippers Impose Fuel Surcharges as Oil Prices Spike
Major ocean freight carriers have instituted "emergency bunker recovery measures" to counter a hike in fuel…
Maersk Eyes Service Cuts as Profits Sink on Capacity and Cost Issues
Ocean freight giant A.P. Moller – Maersk saw its loss widen to $239 million in the first quarter, and…
International Maritime Organization Aims to Cut GHG Emissions in Half by 2050
The International Maritime Organization has set a goal of reducing greenhouse gas emissions from the shipping…