ocean freight
ZIM Warns of Weak Peak Shipping Season as Freight Rates, Volumes Slide
"Maybe the bulk of it is already behind us," said ZIM chief financial officer Xavier Destriau, as poor…
Vessel Explosion Temporarily Closes Pathway to Port of Baltimore
An explosion aboard the bulk carrier W Sapphire Monday evening forced the closure of the Fort McHenry Federal…
Hapag-Lloyd Warns of Slower Container Demand in H2 2025, Plans $1B in Cost Cuts
The cost-cutting program is largely driven by the carrier's recent phase-in into the Gemini Cooperation…
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Walmart Adds Vietnam to Cross-Border Ocean Freight Network
Marketplace sellers can now book ocean freight sourced from Vietnam that ships to U.S. facilities, expanding…
Trans-Pacific Freight Rate Declines Show No Signs of Letting Up
Spot rates from Asia to U.S. ports have plunged over 50 percent since June peak, with blank sailings and a…
Too Much Space, Too Little Demand: China-US Freight Rates Keep Crashing
Although MSC withdrew one of its trans-Pacific service lines, Linerlytica says 30,000 TEUs per week must be…
India Tightens Border Trade With Bangladesh, Restricts Some Fabric Shipments to Ocean Routes
Exporters warn of rising costs and longer transit times as India forces a shift from its land ports to…
Amid Israel-Iran Tensions, Shipping Slows Down in Strait of Hormuz
As the conflict escalates, container shipping faces growing risks from a potential chokepoint closure, rising…
USTR Eases Port Fees for Foreign Vehicle Carriers, Scraps LNG Export Mandate
The decision follows the office's decision to dial back its first proposal to impose port docking fees on…
Trans-Pacific Ocean Freight Rates Continue Their Ascent on More Front-Loading
Abercrombie & Fitch has already baked in higher freight costs for their second quarter, chief financial…
Urban Outfitters Spurns Air for Ocean Freight as Tariffs Settle in
CEO Dick Hayne says the shift adds 30 days to delivery times, making the retailer bring in more product…
Trans-Pacific Cargo Space Vanishing Fast Ahead of Tariff Deadlines
Freight forwarders say new space for cargo bookings won't open until June, with carriers recommending…
LA Port Director Predicts ‘Muted’ Peak Season Despite Expected Cargo Surge
"You won't see a deluge of freight here at the Port of Los Angeles," said Gene Seroka, even after the U.S…
NRF VP: Retailers ‘Need Clarity’ on New China Tariff Deadline
According to Jonathan Gold, retailers are in the dark over how to react once the 90-day tariff truce between…
Temporary Tariff Truce to Trigger Import Surge of Chinese Goods
Expect cargo on the trans-Pacific trade lane to kick back up imminently—facilitating an earlier, shorter peak…