ocean freight
Freight Shifts From Canada to US Ports Over Rail Strike Concerns
The CEOs of Canadian railroads CN and CPKC said customers have been rerouting international imports until…
Red Sea Disruption Pushing Maersk Further Into Black
The ocean carrier also revised its projections upward for global container market volume growth, to a range…
Panama Canal ‘Practically Back to Normal’ With Rainy Season in Full Swing
Beginning in September, the Panama Canal expects to increase the number of daily transit slots from the…
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CMA CGM Says Freight Rates ‘Seem to be Reaching a Plateau’
Major container price indices have indicated a slowdown in recent weeks, compared to their high acceleration…
‘Last Chance’ to Ship In Time Before East Coast Port Strike
Flexport says containers now take 61 days to move from China to the U.S. East Coast, putting shippers on…
Retail Pulls Forward Peak Shipping Season as Supply Chain Snafu Rages On
"We have a peak season at a moment where it's not supposed to happen," according to DHL's North America ocean…
Red Sea Container Ship Diversions Likely to Last Into 2025
Alphaliner said that although container ships have added capacity across 2023 and 2024, this additional…
Port of Long Beach ‘Recapturing Market Share’ Amid East Coast Port Negotiations
The San Pedro Bay port achieved its busiest June on record in a sign that more cargo is shifting to the West…
Panama Canal’s Tentative 6-Year Reservoir Plan Costs $1.6 Billion
Panama's Supreme Court is allowing the waterway to expand outside its watershed, but the plan still needs…
Hapag-Lloyd Raises Profit Outlook Again Amid Ascending Freight Rates
The ongoing Houthi attacks on container ships in the Red Sea keep pushing cargo prices upward, but…
Court Overturns FMC Ruling on Late D&D Fees—A Win for Ocean Carriers
In winning its appeal against the FMC, Evergreen could set a precedent for how detention and demurrage fees…
Hurricane Beryl’s Potential Fallout: Extended Wait Times at Texas Ports
According to data from Project44, more than 250 vessels were close to the path of Beryl prior to landfall.
Maersk CEO: Red Sea-Driven Capacity Challenges Will Persist into Q3
Vincent Clerc said Maersk will use different-sized ships compared to ones used in normal conditions, reducing…
Panama Canal Mulls Building New Reservoir as Restrictions Further Ease Up
In July, the canal will again increase the current number of daily transits allowed through the waterway from…
Port of Baltimore Shipping Channel Set for Full Reopening
U.S. Coast Guard Commander Baxter Smoak said Friday that the 700-foot wide channel will be open Saturday or…