The rising shortage of containers and sky-high freight rates are threatening Indian exports that had risen to a record in the first quarter of FY22. After attaining crisis proportions earlier […]
Maersk will launch two new weekly services on the transpacific in August to operate “exclusively” outside its 2M alliance with MSC and Zim slot charter partnership.
CMA CGM has announced several peak season surcharges (PSS) from India and Pakistan to Latin America, effective from late June and July.
The U.S. trade gap widened in May to the second-largest on record as imports increased faster than exports. The gap in trade of goods and services rose 3.1% to $71.2 […]
The Port of Long Beach was founded 110 years ago today – June 24, 1911. According to the port’s website, it was “a wild dream scratched out of 800 acres […]
Today, Port of Antwerp CEO Jacques Vandermeiren met up with European Internal Market and Industry Commissioner Thierry Breton at the Port of Antwerp to discuss the Port’s role as a […]
French container carrier, CMA CGM has announced a port congestion surcharge of US$250 per TEU for all types of cargo from Latin America to the Port of Oakland in the […]
Multi-month container-ship charters continue to be signed at jaw-dropping rates above $100,000 per day. The market is getting even tighter, pushing charter rates and durations higher still. Even so, there’s […]
Hapag-Lloyd has announced a new peak season surcharge (PSS) from East Asia ports to North American destinations.
North American exporters are having a hard time scheduling ocean transportation to the Far East. Industry experts indicate that shipping lines are thriving with huge Asian cargo volumes bound for […]
Evergreen Marine Corporation is piloting the usage of Internet of Things (IoT) technology with Kaohsiung Port’s customs officials.
The global Covid-19 crisis has highlighted the importance of refrigerated container logistics to keep vital supplies of food and medicines, including vaccines, flowing around the world as nations locked down.
