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ocean freight
Nike Looks to Capitalize on Freight Rate ‘Buyers Market’
The Swoosh expects to see a turnaround in gross margins as ocean freight rates turn in shippers' favor.
What to Know About the Panama Canal Drought
Canal administrator Ricaurte Vásquez Morales has not ruled out limiting daily transits on the waterway from…
When it Comes to West Coast Ports, No One Wants 2015 All Over Again
NRF's Jon Gold said retailers were optimistic before recent disruptions, but are now unsure of when a new…
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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…
How Disappearing Freight Capacity Could Lead to ‘Chaotic’ Q4
With carrier costs now significantly topping spot freight rates, Penske Logistics' Andy Moses expects fewer…
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.
Maersk Opens 2 Latin America Hubs
The logistics giant is also operating new air cargo routes linking critical regions.
Georgia Spending Billions to Beef Up Ports
The Southeast has room to develop real estate to support Savannah and Southeast Georgia's growing logistics…
Nike and These Retail Giants Are Big-Time Ocean Pollution Offenders
Research from Ship it Zero investigates which companies were behind major carbon dioxide emissions and the…
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…
Earthquakes and Fire Shut Down Turkish Port
There is no known timetable for when the gateway will begin operating again.
Port Houston’s $45-Per-Unit Dwell Fees Starts Feb. 1
The fees come after the Los Angeles/Long Beach ports scrapped its own proposed dwell fines that had been…
MSC, Maersk Ending 2M Alliance in 2025: ‘Much Has Changed’
The CEOs of the freight giants said the divorce "paves the way for both companies to continue to pursue their…