ocean freight
Expeditors Cyberattack Costs $60 Million So Far
The logistics company warned of additional expenses from the February attack, while still topping Q1…
DHL Global Forwarding Decarbonizes 100% of Global LCL Ocean Freight
To reduce CO2 emissions in line with the Paris Climate Agreement, DHL will spend $7.4 billion on sustainable…
Higher Freight Costs Hang Up Columbia Sportswear Margins
Columbia Sportswear reiterated its full-year net sales forecast to be $3.63 billion to $3.69 billion, or 16…
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New Vietnam-to-Seattle Express Ocean Service Launches
UWL says the the new bi-weekly route departing from Ho Chi Minh takes just 18 days and is the fastest option…
Cargo Congestion Infecting East Coast Ports, Drewry Warns
Ocean freight rates skyrocketed 110 percent in a turbulent 2021. Here's what Drewry expects to see with fees…
Ocean Freight Rate Trends Signal Breathing Room for Shippers
The latest data from Drewry and Container xChange offers a glimmer of hope for ocean-bound freight.
Ocean Freight Rates Ease but Fog of War Darkens Outlook
The impact of China's Covid lockdowns on key markets will likely lead to equipment scarcity, rate hikes and a…
Port Data Shows West Coast Congestion Moving East
Increases in cargo imports are expected to resume in June–forecast to be up 5.2 percent to 2.26 million…
RH CEO Has Never Seen Supply Chain ‘So Chaotic’
Plus, RH CEO Gary Friedman thinks inflation and higher prices are going to "outrun the consumer" this year.
Sen. Warren Calls Out Ocean Carriers for ‘Driving Inflation’ Through High Profits
The Democrat claimed ocean lines were exacerbating shipping cost increases and supply chain problems, and…
Are Ocean Freight Rates, Transit Times Seeing Calm Before Another Storm?
Transit times for containers moving between ports in China and the U.S. West Coast have declined sharply and…
Are Ocean Carriers Giving Exporters the Shaft? FMC Wants to Know
FMC chair Daniel Maffei said an expanded audit scope aims for an "ocean transportation system that serves…
Are Shipping Reform Changes ‘Solution in Search of a Problem’?
One of the nation's top lobbyists warned the Senate of making 'rash changes' to the Ocean Shipping…
Container xChange, Drewry Partner to Leverage Cargo Container Data, Analysis
The companies said the partnership will bring greater access to improved research, consultancy and…
Costco Has 7 Ocean Charters for Next 3 Years
The more than half-dozen ocean vessels handle "about a quarter of our annual transpacific containers and…