The change to a more freight-all-kinds strategy comes as ongoing contracts for the 2024-25 service year bundled with penalty clauses have proved to be problematic for keeping customer relationships intact.
Wed, 02 Apr 2025 15:32:14 GMT
The terminal operator says buying the railroad that connects ports on the canal’s Pacific and Atlantic sides fits into its overall strategy of offering more service to shippers.
Wed, 02 Apr 2025 15:24:14 GMT
Firms sourcing from Vietnam, India or Mexico rely heavily on components, raw materials and equipment from China, which will remain an essential link in the production supply chain even if it's no longer the only one.
Wed, 02 Apr 2025 13:52:14 GMT
A total of 68 sailings globally are expected to be canceled during April, according to maritime consultancy Drewry, with about half of the cancellations in trans-Pacific services.
Tue, 01 Apr 2025 21:48:14 GMT
Forwarders say they are seeing utilization only near 50% on the Asia-Mexico lane amid seasonally low demand and tariff uncertainties.
Mon, 31 Mar 2025 19:17:14 GMT
The carrier is deriving an increasing share of its revenue from long-haul trans-Pacific and Asia-Europe services while the contribution from the intra-Asia trade declined last year.
Mon, 31 Mar 2025 17:43:22 GMT
In creating the threat of a clearly significant penalty, the US Trade Representative essentially forced observers to not merely give a thumbs up or down to the proposal, but to offer alternative solutions.
Fri, 28 Mar 2025 19:21:14 GMT
The move comes as Hutchison is facing increasing pressure from the Chinese government over the $22.8 billion sale of its ports business outside of China to BlackRock and TiL, especially the Panama ports.
Fri, 28 Mar 2025 18:17:14 GMT
Donald Trump’s latest tariffs targeting the auto sector have put key ro/ro ports on alert as they face a “chilling effect” on volumes.
Fri, 28 Mar 2025 15:03:14 GMT
The carrier wants the tax imposed on CO2 emissions to raise the price of conventional bunkers high enough to force increased demand for low- and zero-emission fuels and narrow the yawning price gap between green and fossil energy.
Fri, 28 Mar 2025 14:14:14 GMT
Shippers, carriers and forwarders say uncertainty around consumer demand, tariffs and geopolitical disruptions has produced a wider range of service contract rates this year.
Thu, 27 Mar 2025 20:51:13 GMT
Excess capacity and waning US import demand caused in part by tariff uncertainty could put further downward pressure on drayage pricing in the second quarter.
Thu, 27 Mar 2025 19:32:14 GMT
The port authority on Wednesday completed an expansion of Inland Port Greer ahead of the opening of the near-dock Navy Base Intermodal Facility (NBIF) at the Port of Charleston later this year.
Thu, 27 Mar 2025 18:15:14 GMT
Ongoing supply chain disruption and a significant increase in trading of container freight futures among speculative investors could accelerate the adoption of financial hedging tools among shippers and other physical industry players.
Thu, 27 Mar 2025 15:11:14 GMT
Brent Sadler served in the US Navy for 26 years and now works as a senior research fellow at the Heritage Foundation.
Wed, 26 Mar 2025 15:54:21 GMT
Consolidation in container shipping over the last two decades and better capacity management in recent years show that the old ways of looking at vessel capacity are outdated, writes Journal of Commerce Executive Editor Mark Szakonyi.
Wed, 26 Mar 2025 14:10:14 GMT
Major carriers had lined up rate increases with the intention of strengthening their bargaining power during service contract negotiations, but overcapacity seems to have kept that tactic in check.
Wed, 26 Mar 2025 13:00:14 GMT
CEO Stefan Paul told the company’s annual capital markets event in London that while K+N will focus on organic growth, it will also make bolt-on acquisitions “if they make sense.”
Tue, 25 Mar 2025 18:01:17 GMT
Oil and gas project developers pin hopes on legislative support and tax breaks for supporting carbon capture buildouts in the US, but the future of those projects could be at a crossroads under the Trump administration.
Tue, 25 Mar 2025 16:58:15 GMT
An alliance of global shippers is calling on the IMO to use the April gathering of its Marine Environment Protection Committee to meet the “urgency of the moment” when it comes to lowering emissions from shipping.
Tue, 25 Mar 2025 14:02:19 GMT
Capacity improvements at the New Jersey facility will include optimization of the terminal layout, rebuilding berths at a higher level to allow for anticipated increases in the sea level and replacing existing cargo-handling equipment with zero-emission, electric machines.
Mon, 24 Mar 2025 19:25:14 GMT
The top 10 carriers for imports collectively hauled 2.43 million TEUs into the Gulf Coast last year and had a market share of almost 94%, according to the latest Journal of Commerce rankings.
Mon, 24 Mar 2025 18:48:14 GMT
Why the impact is so potentially profound is the way carriers would likely respond to a scenario in which a fuel standard is imposed on them, but no automatically higher cost is imposed on shippers to pay, writes Peter Tirschwell.
Mon, 24 Mar 2025 15:28:14 GMT
Cosco said changes in the shipping alliances this year will trigger competition in digitization and decarbonization.
Fri, 21 Mar 2025 19:13:04 GMT
US maritime interests said the proposed fees on Chinese ships would hit a variety of low-value, niche trades that can’t absorb the costs.
Fri, 21 Mar 2025 18:32:20 GMT
MPV industry experts call for exemptions to US port taxes for China-built ships, stressing the lack of alternatives for specialist cargo carriage and the unfair burden on responsibility on the sector.
Fri, 21 Mar 2025 16:24:14 GMT
Container lines serving the India-US trade appear to be taking a hard line in the first round of annual contract negotiations amid overcapacity putting downward pressure on spot rates.
Fri, 21 Mar 2025 16:15:14 GMT
The IMO is a specialized agency of the United Nations, which potentially puts the organization in the crosshairs of the new administration that is reassessing all its UN positions and policies.
Fri, 21 Mar 2025 14:35:14 GMT
A deal between the Northwest Seaport Alliance and the Native American Puyallup Tribe will result in a 22-acre, two-berth terminal completed by the end of the decade.
Fri, 21 Mar 2025 09:51:16 GMT
A group of seven Asia-based regional carriers are collaborating to add a weekly long-haul service on the eastbound trans-Pacific despite bearish market signals.
Thu, 20 Mar 2025 19:08:03 GMT
The growing backlog of boxes awaiting a return to Asia has resulted in finger pointing among stakeholders over how best to address the problem.
Thu, 20 Mar 2025 18:28:16 GMT
Canada’s labor minister will take a direct hand after the mediated talks for a new longshore contract at the port failed to achieve a deal after 18 months of negotiations.
Thu, 20 Mar 2025 15:29:14 GMT
The latest salvo in the US-induced global tariff war comes as the EU said Thursday that a 50% tax on imports of US-produced whiskey will take effect from mid-April.
Thu, 20 Mar 2025 15:21:15 GMT
Montreal’s port chief says a successful outcome after nearly two years of talks between port employers and the longshore union will be critical to restoring shipper trust.
Wed, 19 Mar 2025 21:37:14 GMT
Despite the month-over-month downturn, Los Angeles-Long Beach volumes were higher than a year ago as Southern California’s freight boom did not begin until the second quarter of last year.
Wed, 19 Mar 2025 21:10:14 GMT
The long-term agreement calls for the ocean carrier to add seven services with 10 weekly calls to Brazil’s largest port over the next two years.
Wed, 19 Mar 2025 17:47:14 GMT
Running loops with fewer ships will not be the current priority for an oversupplied industry, but new entrants may be more inclined to look at a lean, efficient product that has a competitive service edge in the key hubs it serves, writes Jeremy Masters.
Tue, 18 Mar 2025 14:03:14 GMT
The port will berth vessels at its smaller Ocean Terminal two miles downriver from the main Garden City terminal in order to cut waiting times outside the port and reduce ship backlogs.
Mon, 17 Mar 2025 20:14:14 GMT
Ports across the continent are struggling to clear bottlenecks as containers stack up in terminals and delay inland and feeder connections.
Mon, 17 Mar 2025 17:22:14 GMT
Multiple sources who spoke with the Journal of Commerce have confirmed ongoing negotiations between the two liners covering India’s larger westbound trades to the US East Coast and North Europe.
Mon, 17 Mar 2025 16:27:18 GMT
The change to a more freight-all-kinds strategy comes as ongoing contracts for the 2024-25 service year bundled with penalty clauses have proved to be problematic for keeping customer relationships intact.
Wed, 02 Apr 2025 15:32:14 GMT
Firms sourcing from Vietnam, India or Mexico rely heavily on components, raw materials and equipment from China, which will remain an essential link in the production supply chain even if it's no longer the only one.
Wed, 02 Apr 2025 13:52:14 GMT
A total of 68 sailings globally are expected to be canceled during April, according to maritime consultancy Drewry, with about half of the cancellations in trans-Pacific services.
Tue, 01 Apr 2025 21:48:14 GMT
Forwarders say they are seeing utilization only near 50% on the Asia-Mexico lane amid seasonally low demand and tariff uncertainties.
Mon, 31 Mar 2025 19:17:14 GMT
The carrier is deriving an increasing share of its revenue from long-haul trans-Pacific and Asia-Europe services while the contribution from the intra-Asia trade declined last year.
Mon, 31 Mar 2025 17:43:22 GMT
In creating the threat of a clearly significant penalty, the US Trade Representative essentially forced observers to not merely give a thumbs up or down to the proposal, but to offer alternative solutions.
Fri, 28 Mar 2025 19:21:14 GMT
The move comes as Hutchison is facing increasing pressure from the Chinese government over the $22.8 billion sale of its ports business outside of China to BlackRock and TiL, especially the Panama ports.
Fri, 28 Mar 2025 18:17:14 GMT
The carrier wants the tax imposed on CO2 emissions to raise the price of conventional bunkers high enough to force increased demand for low- and zero-emission fuels and narrow the yawning price gap between green and fossil energy.
Fri, 28 Mar 2025 14:14:14 GMT
Shippers, carriers and forwarders say uncertainty around consumer demand, tariffs and geopolitical disruptions has produced a wider range of service contract rates this year.
Thu, 27 Mar 2025 20:51:13 GMT
The port authority on Wednesday completed an expansion of Inland Port Greer ahead of the opening of the near-dock Navy Base Intermodal Facility (NBIF) at the Port of Charleston later this year.
Thu, 27 Mar 2025 18:15:14 GMT
Ongoing supply chain disruption and a significant increase in trading of container freight futures among speculative investors could accelerate the adoption of financial hedging tools among shippers and other physical industry players.
Thu, 27 Mar 2025 15:11:14 GMT
Brent Sadler served in the US Navy for 26 years and now works as a senior research fellow at the Heritage Foundation.
Wed, 26 Mar 2025 15:54:21 GMT
Consolidation in container shipping over the last two decades and better capacity management in recent years show that the old ways of looking at vessel capacity are outdated, writes Journal of Commerce Executive Editor Mark Szakonyi.
Wed, 26 Mar 2025 14:10:14 GMT
Major carriers had lined up rate increases with the intention of strengthening their bargaining power during service contract negotiations, but overcapacity seems to have kept that tactic in check.
Wed, 26 Mar 2025 13:00:14 GMT
CEO Stefan Paul told the company’s annual capital markets event in London that while K+N will focus on organic growth, it will also make bolt-on acquisitions “if they make sense.”
Tue, 25 Mar 2025 18:01:17 GMT
An alliance of global shippers is calling on the IMO to use the April gathering of its Marine Environment Protection Committee to meet the “urgency of the moment” when it comes to lowering emissions from shipping.
Tue, 25 Mar 2025 14:02:19 GMT
Capacity improvements at the New Jersey facility will include optimization of the terminal layout, rebuilding berths at a higher level to allow for anticipated increases in the sea level and replacing existing cargo-handling equipment with zero-emission, electric machines.
Mon, 24 Mar 2025 19:25:14 GMT
The top 10 carriers for imports collectively hauled 2.43 million TEUs into the Gulf Coast last year and had a market share of almost 94%, according to the latest Journal of Commerce rankings.
Mon, 24 Mar 2025 18:48:14 GMT
Why the impact is so potentially profound is the way carriers would likely respond to a scenario in which a fuel standard is imposed on them, but no automatically higher cost is imposed on shippers to pay, writes Peter Tirschwell.
Mon, 24 Mar 2025 15:28:14 GMT
Cosco said changes in the shipping alliances this year will trigger competition in digitization and decarbonization.
Fri, 21 Mar 2025 19:13:04 GMT
US maritime interests said the proposed fees on Chinese ships would hit a variety of low-value, niche trades that can’t absorb the costs.
Fri, 21 Mar 2025 18:32:20 GMT
Container lines serving the India-US trade appear to be taking a hard line in the first round of annual contract negotiations amid overcapacity putting downward pressure on spot rates.
Fri, 21 Mar 2025 16:15:14 GMT
The IMO is a specialized agency of the United Nations, which potentially puts the organization in the crosshairs of the new administration that is reassessing all its UN positions and policies.
Fri, 21 Mar 2025 14:35:14 GMT
A group of seven Asia-based regional carriers are collaborating to add a weekly long-haul service on the eastbound trans-Pacific despite bearish market signals.
Thu, 20 Mar 2025 19:08:03 GMT
The growing backlog of boxes awaiting a return to Asia has resulted in finger pointing among stakeholders over how best to address the problem.
Thu, 20 Mar 2025 18:28:16 GMT
Canada’s labor minister will take a direct hand after the mediated talks for a new longshore contract at the port failed to achieve a deal after 18 months of negotiations.
Thu, 20 Mar 2025 15:29:14 GMT
The latest salvo in the US-induced global tariff war comes as the EU said Thursday that a 50% tax on imports of US-produced whiskey will take effect from mid-April.
Thu, 20 Mar 2025 15:21:15 GMT
Montreal’s port chief says a successful outcome after nearly two years of talks between port employers and the longshore union will be critical to restoring shipper trust.
Wed, 19 Mar 2025 21:37:14 GMT
The long-term agreement calls for the ocean carrier to add seven services with 10 weekly calls to Brazil’s largest port over the next two years.
Wed, 19 Mar 2025 17:47:14 GMT
Running loops with fewer ships will not be the current priority for an oversupplied industry, but new entrants may be more inclined to look at a lean, efficient product that has a competitive service edge in the key hubs it serves, writes Jeremy Masters.
Tue, 18 Mar 2025 14:03:14 GMT
The port will berth vessels at its smaller Ocean Terminal two miles downriver from the main Garden City terminal in order to cut waiting times outside the port and reduce ship backlogs.
Mon, 17 Mar 2025 20:14:14 GMT
Ports across the continent are struggling to clear bottlenecks as containers stack up in terminals and delay inland and feeder connections.
Mon, 17 Mar 2025 17:22:14 GMT
Multiple sources who spoke with the Journal of Commerce have confirmed ongoing negotiations between the two liners covering India’s larger westbound trades to the US East Coast and North Europe.
Mon, 17 Mar 2025 16:27:18 GMT
Despite banking a collective operating profit of about $60 billion in 2024, a worsening supply-demand imbalance could make the next three years difficult for the container shipping industry.
Mon, 17 Mar 2025 14:27:14 GMT
The country’s competition watchdog is reviewing whether DP World’s acquisition of the logistics provider could lead to higher costs for shippers.
Mon, 17 Mar 2025 14:17:14 GMT
The Federal Maritime Commission is looking at areas where ships are having transit troubles with an eye on how US maritime influence can fix those problems.
Fri, 14 Mar 2025 19:17:14 GMT
A commentary published in a Hong Kong state-backed newspaper said the acquisition of Hutchison’s Panama assets by BlackRock and TiL would “Americanize” the canal and cause Washington to restrict Chinese access to the waterway.
Fri, 14 Mar 2025 18:05:13 GMT
Fresh questions about the direction of the US economy after the tariff chaos unleashed by the Trump administration in recent weeks has container lines resetting their rate expectations for the 2025–26 service year.
Fri, 14 Mar 2025 15:30:31 GMT
The dizzying pace of the Trump administration’s moves against longtime US trading partners is putting shippers at risk of facing hefty new costs as a result of tariff “stacking.”
Fri, 14 Mar 2025 12:00:00 GMT
But Yang Ming said significant uncertainties continue to affect the global trade outlook, saying “key risk factors” include US tariff developments that could lead to inflationary pressures due to rising operational costs.
Thu, 13 Mar 2025 19:21:14 GMT
The change to a more freight-all-kinds strategy comes as ongoing contracts for the 2024-25 service year bundled with penalty clauses have proved to be problematic for keeping customer relationships intact.
Wed, 02 Apr 2025 15:32:14 GMT
A total of 68 sailings globally are expected to be canceled during April, according to maritime consultancy Drewry, with about half of the cancellations in trans-Pacific services.
Tue, 01 Apr 2025 21:48:14 GMT
Forwarders say they are seeing utilization only near 50% on the Asia-Mexico lane amid seasonally low demand and tariff uncertainties.
Mon, 31 Mar 2025 19:17:14 GMT
The carrier is deriving an increasing share of its revenue from long-haul trans-Pacific and Asia-Europe services while the contribution from the intra-Asia trade declined last year.
Mon, 31 Mar 2025 17:43:22 GMT
In creating the threat of a clearly significant penalty, the US Trade Representative essentially forced observers to not merely give a thumbs up or down to the proposal, but to offer alternative solutions.
Fri, 28 Mar 2025 19:21:14 GMT
The carrier wants the tax imposed on CO2 emissions to raise the price of conventional bunkers high enough to force increased demand for low- and zero-emission fuels and narrow the yawning price gap between green and fossil energy.
Fri, 28 Mar 2025 14:14:14 GMT
Shippers, carriers and forwarders say uncertainty around consumer demand, tariffs and geopolitical disruptions has produced a wider range of service contract rates this year.
Thu, 27 Mar 2025 20:51:13 GMT
Consolidation in container shipping over the last two decades and better capacity management in recent years show that the old ways of looking at vessel capacity are outdated, writes Journal of Commerce Executive Editor Mark Szakonyi.
Wed, 26 Mar 2025 14:10:14 GMT
Major carriers had lined up rate increases with the intention of strengthening their bargaining power during service contract negotiations, but overcapacity seems to have kept that tactic in check.
Wed, 26 Mar 2025 13:00:14 GMT
An alliance of global shippers is calling on the IMO to use the April gathering of its Marine Environment Protection Committee to meet the “urgency of the moment” when it comes to lowering emissions from shipping.
Tue, 25 Mar 2025 14:02:19 GMT
The top 10 carriers for imports collectively hauled 2.43 million TEUs into the Gulf Coast last year and had a market share of almost 94%, according to the latest Journal of Commerce rankings.
Mon, 24 Mar 2025 18:48:14 GMT
Why the impact is so potentially profound is the way carriers would likely respond to a scenario in which a fuel standard is imposed on them, but no automatically higher cost is imposed on shippers to pay, writes Peter Tirschwell.
Mon, 24 Mar 2025 15:28:14 GMT
Cosco said changes in the shipping alliances this year will trigger competition in digitization and decarbonization.
Fri, 21 Mar 2025 19:13:04 GMT
US maritime interests said the proposed fees on Chinese ships would hit a variety of low-value, niche trades that can’t absorb the costs.
Fri, 21 Mar 2025 18:32:20 GMT
Container lines serving the India-US trade appear to be taking a hard line in the first round of annual contract negotiations amid overcapacity putting downward pressure on spot rates.
Fri, 21 Mar 2025 16:15:14 GMT
The IMO is a specialized agency of the United Nations, which potentially puts the organization in the crosshairs of the new administration that is reassessing all its UN positions and policies.
Fri, 21 Mar 2025 14:35:14 GMT
A group of seven Asia-based regional carriers are collaborating to add a weekly long-haul service on the eastbound trans-Pacific despite bearish market signals.
Thu, 20 Mar 2025 19:08:03 GMT
The growing backlog of boxes awaiting a return to Asia has resulted in finger pointing among stakeholders over how best to address the problem.
Thu, 20 Mar 2025 18:28:16 GMT
Canada’s labor minister will take a direct hand after the mediated talks for a new longshore contract at the port failed to achieve a deal after 18 months of negotiations.
Thu, 20 Mar 2025 15:29:14 GMT
Montreal’s port chief says a successful outcome after nearly two years of talks between port employers and the longshore union will be critical to restoring shipper trust.
Wed, 19 Mar 2025 21:37:14 GMT
The long-term agreement calls for the ocean carrier to add seven services with 10 weekly calls to Brazil’s largest port over the next two years.
Wed, 19 Mar 2025 17:47:14 GMT
Running loops with fewer ships will not be the current priority for an oversupplied industry, but new entrants may be more inclined to look at a lean, efficient product that has a competitive service edge in the key hubs it serves, writes Jeremy Masters.
Tue, 18 Mar 2025 14:03:14 GMT
The port will berth vessels at its smaller Ocean Terminal two miles downriver from the main Garden City terminal in order to cut waiting times outside the port and reduce ship backlogs.
Mon, 17 Mar 2025 20:14:14 GMT
Ports across the continent are struggling to clear bottlenecks as containers stack up in terminals and delay inland and feeder connections.
Mon, 17 Mar 2025 17:22:14 GMT
Multiple sources who spoke with the Journal of Commerce have confirmed ongoing negotiations between the two liners covering India’s larger westbound trades to the US East Coast and North Europe.
Mon, 17 Mar 2025 16:27:18 GMT
Despite banking a collective operating profit of about $60 billion in 2024, a worsening supply-demand imbalance could make the next three years difficult for the container shipping industry.
Mon, 17 Mar 2025 14:27:14 GMT
The Federal Maritime Commission is looking at areas where ships are having transit troubles with an eye on how US maritime influence can fix those problems.
Fri, 14 Mar 2025 19:17:14 GMT
Fresh questions about the direction of the US economy after the tariff chaos unleashed by the Trump administration in recent weeks has container lines resetting their rate expectations for the 2025–26 service year.
Fri, 14 Mar 2025 15:30:31 GMT
The dizzying pace of the Trump administration’s moves against longtime US trading partners is putting shippers at risk of facing hefty new costs as a result of tariff “stacking.”
Fri, 14 Mar 2025 12:00:00 GMT
But Yang Ming said significant uncertainties continue to affect the global trade outlook, saying “key risk factors” include US tariff developments that could lead to inflationary pressures due to rising operational costs.
Thu, 13 Mar 2025 19:21:14 GMT
The Cosco Shipping subsidiary recorded another highly profitable year but pointed to growing geopolitical uncertainties and industry-specific challenges that will test container shipping in the year ahead.
Thu, 13 Mar 2025 16:17:14 GMT
While shippers might have expected ocean carriers to make application programming interfaces widely available by 2025, negative incentives have inhibited that progress.
Thu, 13 Mar 2025 14:54:14 GMT
Zim’s decision to keep more capacity available for spot rather than contract business on the trans-Pacific allowed it to capitalize on the expanded deployment of capacity on the trade.
Wed, 12 Mar 2025 19:24:14 GMT
While the 15-month-old Red Sea crisis is ever present, ocean carriers and their customers are also now navigating the vagaries of the trade policies and proposals of the Trump administration.
Wed, 12 Mar 2025 14:10:14 GMT
After raising rates in anticipation of higher volumes, several top carriers have now dropped spot booking rates from West India to North Europe by between $300 and $500 per container, according to freight forwarder sources in Mumbai.
Tue, 11 Mar 2025 20:41:14 GMT
As a top tier of mega carriers has emerged through consolidation and organic growth, so has the need of those carriers to align their dominance on the ocean with capacity at ports.
Tue, 11 Mar 2025 15:01:17 GMT
The threat underscores the fragility of the Red Sea security situation and the reluctance of ocean carriers to return to Suez Canal transits until the safety of crew, ships and cargo can be guaranteed.
Mon, 10 Mar 2025 16:26:14 GMT
Having control over port operations has become a key element of container shipping that enables the fast turnaround of ships and improved schedule reliability.
Mon, 10 Mar 2025 15:44:15 GMT
The so-called Ocean Shipper Bill of Rights was distributed by the National Industrial Transportation League at the conclusion of the Journal of Commerce’s TPM25 conference.
Fri, 07 Mar 2025 16:47:14 GMT
The carrier’s investment, announced while its chief executive met at the White House with President Donald Trump, comes amid heightened political sensitivities in the US as far as the container shipping industry is concerned.
Thu, 06 Mar 2025 22:29:14 GMT
In creating the threat of a clearly significant penalty, the US Trade Representative essentially forced observers to not merely give a thumbs up or down to the proposal, but to offer alternative solutions.
Fri, 28 Mar 2025 19:21:14 GMT
The top 10 carriers for imports collectively hauled 2.43 million TEUs into the Gulf Coast last year and had a market share of almost 94%, according to the latest Journal of Commerce rankings.
Mon, 24 Mar 2025 18:48:14 GMT
The latest salvo in the US-induced global tariff war comes as the EU said Thursday that a 50% tax on imports of US-produced whiskey will take effect from mid-April.
Thu, 20 Mar 2025 15:21:15 GMT
The National Retail Federation now says it expects a downward shift in the second quarter as importers face challenges from tariffs and elevated inventories in the wake of significant cargo frontloading.
Wed, 12 Mar 2025 20:27:14 GMT
SeaLead is offering a new service from Turkey after Hapag-Lloyd ended one of its standalone loops following the launch of the Gemini alliance with Maersk.
Tue, 18 Feb 2025 20:58:14 GMT
But Hackett Associates founder Ben Hackett said US port cargo “could be badly hit” if tariffs on Asian and European countries increase prices and prompt US consumers to buy less.
Fri, 07 Feb 2025 19:32:15 GMT
Ports in the UK are already seeing rising operational delays as a string of storms moves in from the Atlantic and major ports in Europe issue high wind warnings.
Wed, 29 Jan 2025 17:15:16 GMT
The FMC complaint is a rare instance of a container line accusing a shipper of not living up to the terms of a service contract.
Fri, 24 Jan 2025 20:50:08 GMT
The ocean carrier made the changes ahead of the launch of its partnership with Hapag-Lloyd, referring shippers to the new alliance’s services as an alternative.
Wed, 22 Jan 2025 19:28:14 GMT
The carrier’s top-line financials are a clear signal that container shipping is firmly back in profitable territory following a poor end to 2023 that left several carriers nursing losses.
Fri, 10 Jan 2025 17:09:14 GMT
With the threat of a US port strike averted, the transition to new global service networks will not be accompanied by widespread disruption, the analyst believes.
Thu, 09 Jan 2025 15:45:15 GMT
Carriers adopting a “wait-and-see” approach to the new regulation will face significant penalties and a potential loss of income from decarbonization-focused customers, according to a report from the classification society.
Tue, 07 Jan 2025 16:08:14 GMT
Despite a glut of capacity on the water, Suez Canal diversions and healthy volumes will keep container shipping vessel supply tight, analysts predict.
Fri, 27 Dec 2024 16:25:14 GMT
The market’s normal tranquility is threatened by President-elect Donald Trump’s promise to raise imports tariffs, as well as a potential second strike by the International Longshoremen’s Association.
Thu, 26 Dec 2024 16:00:00 GMT
The risk of an East and Gulf coast port strike, US tariffs on China, and service disruptions through the launch of new alliances and networks await the industry in the first two months of 2025, writes Journal of Commerce Executive Editor Mark Szakonyi.
Wed, 18 Dec 2024 16:10:29 GMT
Holes in the Atlantic port network are being plugged as ONE, the Ocean Alliance and HMM prepare for February’s launch of the new container shipping groupings.
Tue, 17 Dec 2024 14:38:15 GMT
Customer advisories from Maersk, CMA CGM and Hapag-Lloyd show the carriers plan to “simplify the process” by merging compliance with the EU ETS and FuelEU regulations into one fuel surcharge.
Mon, 16 Dec 2024 14:54:14 GMT
US maritime regulators are investigating reports that the Spanish government has blocked US-flag Maersk ships carrying military cargoes for Israel from calling Algeciras.
Thu, 05 Dec 2024 22:17:14 GMT
The regulation is designed to enhance security across global supply chains and brings the EU in line with other major exporting countries.
Wed, 04 Dec 2024 17:31:13 GMT
The news from Gemini came as MSC released the latest update to its standalone east-west network that will also launch in February.
Wed, 27 Nov 2024 19:24:14 GMT
Converting an existing vessel to be able to operate on methanol requires major engineering work and could cost more than building a new ship with a shorter time to depreciate the investment, according to the carrier.
Fri, 22 Nov 2024 15:16:17 GMT
Frontloading and Red Sea diversions pushed volume and rates higher in the third quarter, and ongoing geopolitical disruption will allow carriers to extend their robust financial health into next year, according to the founder of the global equity firm.
Thu, 21 Nov 2024 14:47:16 GMT
The New York Shipping Exchange’s plan to introduce indexes to support long-term contracts adds to an already crowded field of providers.
Tue, 19 Nov 2024 16:30:15 GMT
There are no signs of any rush to frontload ahead of potential tariff increases on European imports by the new US administration or to get cargo moving before a possible second strike by the ILA.
Thu, 07 Nov 2024 15:00:14 GMT
The carrier has been restrained with its order book up to now, but the order for 312,000 TEUs of capacity comes as pressure to meet 2030 interim decarbonization targets intensifies.
Wed, 06 Nov 2024 17:18:14 GMT
A series of factors are bending the capacity curve back in favor of carriers and could lead to an improved supply-demand balance next year despite a large capacity overhang, believes the Maersk CEO.
Mon, 04 Nov 2024 17:06:16 GMT
The new network will have a grace period for about three months as the first full port rotations are completed but must then quickly prove it can raise on-time performance to the promised levels, says Maersk’s CEO.
Fri, 01 Nov 2024 13:39:16 GMT
Fewer port calls in the Gemini network will allow the carrier to move greater volumes with the same number of ships, Vincent Clerc said while reporting a highly profitable third quarter.
Thu, 31 Oct 2024 16:39:04 GMT
With this latest deal, the combined methanol offtake agreements Maersk now has in place will meet half the demand from its fast-growing dual-fuel fleet in 2027.
Wed, 30 Oct 2024 14:45:20 GMT
By reworking two trans-Atlantic connections, Zim will offer new port coverage in Italy and Turkey while also offering more ways to connect with South America.
Mon, 28 Oct 2024 19:23:27 GMT
The first signs of solid third-quarter performances are being reported by ocean carriers, and with greater visibility over the rest of the year, they are ramping up their profitability expectations.
Thu, 24 Oct 2024 14:59:20 GMT
It marks the second time since August the carrier has increased its 2024 earnings guidance, an indication Maersk expects robust demand and rising rates to deliver a strong finish to the year.
Tue, 22 Oct 2024 15:13:14 GMT
The group, comprising ONE, HMM and Yang Ming, said the changes apply to two trans-Pacific services and an Asia-Mediterranean service.
Thu, 17 Oct 2024 17:43:14 GMT
Shippers on the trans-Atlantic will find space in short supply by the end of October with bottlenecks on both ends of the trade lane reducing capacity.
Mon, 07 Oct 2024 15:17:18 GMT
The strike will affect about 40% of Montreal’s container capacity and comes as port employers remain in protracted talks with the longshore union over a new contract.
Fri, 27 Sep 2024 19:35:15 GMT
Spot rates from Asia to the US East Coast are dropping faster than in past years as carriers route discretionary shipments to the West Coast to avoid getting caught up in a threatened dockworker strike on the East and Gulf coasts.
Mon, 09 Sep 2024 21:00:14 GMT
Mediterranean Shipping Co. is wasting no time utilizing its huge scale, striking major slot sharing agreements on the Asia-Europe with new Premiere alliance members.
Mon, 09 Sep 2024 18:27:14 GMT
After five rounds of negotiations and a series of 24-hour warning strikes at Germany’s ports, the union and port employers may finally be close to an agreement.
Fri, 06 Sep 2024 15:28:16 GMT
With just three weeks to go until the union’s master contract with port employers expires, US importers are scrambling for options but are finding there are no ideal alternatives.
Fri, 06 Sep 2024 13:56:17 GMT
A new warehouse due to open early next year in Portland for frozen and ambient-temperature cargoes could cut transportation costs for shippers now using out-of-state storage and ports.
Fri, 30 Aug 2024 19:53:14 GMT
Shippers, carriers and forwarders say uncertainty around consumer demand, tariffs and geopolitical disruptions has produced a wider range of service contract rates this year.
Thu, 27 Mar 2025 20:51:13 GMT
CEO Stefan Paul told the company’s annual capital markets event in London that while K+N will focus on organic growth, it will also make bolt-on acquisitions “if they make sense.”
Tue, 25 Mar 2025 18:01:17 GMT
Despite banking a collective operating profit of about $60 billion in 2024, a worsening supply-demand imbalance could make the next three years difficult for the container shipping industry.
Mon, 17 Mar 2025 14:27:14 GMT
Fresh questions about the direction of the US economy after the tariff chaos unleashed by the Trump administration in recent weeks has container lines resetting their rate expectations for the 2025–26 service year.
Fri, 14 Mar 2025 15:30:31 GMT
While shippers might have expected ocean carriers to make application programming interfaces widely available by 2025, negative incentives have inhibited that progress.
Thu, 13 Mar 2025 14:54:14 GMT
The National Retail Federation now says it expects a downward shift in the second quarter as importers face challenges from tariffs and elevated inventories in the wake of significant cargo frontloading.
Wed, 12 Mar 2025 20:27:14 GMT
Analyst Lars Jensen’s closing message to conference participants planning their supply chains for the coming year is to move slowly and carefully because it will take months before clarity emerges.
Thu, 06 Mar 2025 20:06:14 GMT
DHL group CEO Tobias Meyer recognized that the division’s performance remained lackluster, with the “volatile” gross profit/EBIT conversion rate below DHL’s 35% target.
Thu, 06 Mar 2025 17:45:17 GMT
Large customers are looking for large logistics partners that can offer more control over supply chains as international trade becomes more complex, the CEO tells TPM25.
Tue, 04 Mar 2025 20:27:15 GMT
Digital forwarders that emerged over the past decade are coming of age in the era of AI, but not all will make it to the other end.
Fri, 28 Feb 2025 13:00:00 GMT
Shipper, forwarder and customs broker associations want to see the members of the Digital Container Shipping Association accelerate efforts to create interoperable process standards.
Tue, 25 Feb 2025 19:49:14 GMT
Forwarders say demand expectations for trans-Pacific imports to North America are softening for the second quarter, forcing liners to reduce peak season surcharges that have been in place for almost a year.
Fri, 21 Feb 2025 21:35:14 GMT
The forwarder reported solid results to close 2024 as unknowns linked to US longshore labor, tariff policy and changes to de minimis rules fueled trans-Pacific freight demand.
Wed, 19 Feb 2025 22:09:16 GMT
Automation of the customs entry process, which software provider Magaya announced this week, is being enabled by advances in data extraction from emails and offline files.
Wed, 19 Feb 2025 19:18:14 GMT
Smaller forwarders on the trade lane are pooling their cargo volumes in formal and informal arrangements to get vessel space at favorable fixed rates as some carriers focus primarily on larger customers.
Thu, 13 Feb 2025 20:48:14 GMT
project44 is the latest established software provider to release a suite of artificial intelligence agents amid a torrent of startups building tools for logistics providers and shippers.
Wed, 12 Feb 2025 17:01:14 GMT
Full ships from China are arriving as labor action roils container handling at major hubs in Rotterdam and throughout France, with the disruption exacerbated by bad weather.
Tue, 11 Feb 2025 16:10:14 GMT
But Hackett Associates founder Ben Hackett said US port cargo “could be badly hit” if tariffs on Asian and European countries increase prices and prompt US consumers to buy less.
Fri, 07 Feb 2025 19:32:15 GMT
Vincent Clerc says one reason for the delay is the liner’s extreme profitability since the pandemic, a reality he said was “taking a lot of the light” from its integrated logistics plans.
Fri, 07 Feb 2025 15:10:14 GMT
Regulatory uncertainty around the allowance of digital trade documents is one factor that has slowed the adoption of electronic bills of lading in the shipping industry.
Wed, 05 Feb 2025 16:12:17 GMT
DSV CEO Jens Lund said the size of the Schenker acquisition meant it could take up to two years before the companies were fully integrated into the world’s largest forwarder.
Tue, 04 Feb 2025 16:33:14 GMT
The largest US freight broker expects the first quarter of 2025 to be weak for trucking as the freight recession remains in place, but it is converting more customers to use its services for ocean freight.
Thu, 30 Jan 2025 21:54:14 GMT
A handful of companies unveiled new products in the last week intended to enable decision-making based off the visibility data they provide.
Wed, 15 Jan 2025 15:29:13 GMT
With the threat of a US port strike averted, the transition to new global service networks will not be accompanied by widespread disruption, the analyst believes.
Thu, 09 Jan 2025 15:45:15 GMT
Most US retailers say they have frontloaded sufficient inventory from Asia to get them through the first quarter, but planning import volumes and supply chains beyond that point remains problematic.
Fri, 27 Dec 2024 20:35:13 GMT
Despite a glut of capacity on the water, Suez Canal diversions and healthy volumes will keep container shipping vessel supply tight, analysts predict.
Fri, 27 Dec 2024 16:25:14 GMT
Handling large container exchanges with vessels arriving late and bunching outside import gateways is leading to bottlenecks at some of the region’s largest hubs.
Thu, 19 Dec 2024 16:00:15 GMT
The facility’s launch customer is known to be Amazon, which will use the strategically located warehouse to provide fulfilment services across the region.
Wed, 11 Dec 2024 14:16:14 GMT
Strong bookings out of Asia require more capacity than carriers can provide, which, according to Hapag-Lloyd, is having the predictable impact on prices.
Fri, 06 Dec 2024 16:05:51 GMT
While India-USEC spot rates have steadily dropped from a late-July peak because of the demand downturn and increased capacity, co-loaders have been even more aggressive in adjusting rates downward to reach their slot targets.
Mon, 02 Dec 2024 17:58:53 GMT
A host of factors can raise transit times on the 11,000-plus-kilometer rail network, undermining the trust of cargo owners that is a crucial selling point of the Asia-Europe connection.
Mon, 02 Dec 2024 13:35:14 GMT
Rising regional trade along the old Silk Road between China and Europe is driving up containerized rail volume on the middle corridor and the logistics infrastructure is struggling to keep up.
Sat, 30 Nov 2024 11:22:14 GMT
A dearth of consolidation means there are still plenty of visibility vendors for shippers to choose from, but it also means the market as a whole is on somewhat unsteady ground.
Thu, 21 Nov 2024 14:00:00 GMT
NVOs will enter 2025 hoping that their experience this year with carriers taking a get-tough approach to their business dealings was merely cyclical, a product of an unusual market following the Red Sea diversions and an early peak season.
Wed, 20 Nov 2024 14:40:14 GMT
The New York Shipping Exchange’s plan to introduce indexes to support long-term contracts adds to an already crowded field of providers.
Tue, 19 Nov 2024 16:30:15 GMT
Volume and rates on the Asian export corridors to the US and Europe have been high all year and online shopping promotions in November are further stoking the market.
Wed, 06 Nov 2024 16:56:14 GMT
Advisors to beneficial cargo owners say mitigating future supply chain disruptions requires BCOs to proactively engage with ocean carriers and forwarders, seeking to build partnerships even if past experience suggests they end in disappointment.
Wed, 06 Nov 2024 15:19:14 GMT
Shippers once saw small variances on freight bills as a nuisance too insignificant to dispute, but technology is enabling more efficient scrutiny across transportation modes.
Mon, 04 Nov 2024 13:49:13 GMT
Import demand from Asia, which typically tapers ahead of Black Friday sales, is holding steady, fueled by resilient retail sales, tariff concerns and the mid-January expiration of the tentative ILA labor agreement.
Wed, 30 Oct 2024 19:00:18 GMT
Jens Lund this week emphasized the earnings potential of the takeover, pointing to greater scale and a wider portfolio of services that would increase the combined entity’s reach.
Fri, 25 Oct 2024 14:19:20 GMT
Cosco said changes in the shipping alliances this year will trigger competition in digitization and decarbonization.
Fri, 21 Mar 2025 19:13:04 GMT
Despite banking a collective operating profit of about $60 billion in 2024, a worsening supply-demand imbalance could make the next three years difficult for the container shipping industry.
Mon, 17 Mar 2025 14:27:14 GMT
The Cosco Shipping subsidiary recorded another highly profitable year but pointed to growing geopolitical uncertainties and industry-specific challenges that will test container shipping in the year ahead.
Thu, 13 Mar 2025 16:17:14 GMT
The threat underscores the fragility of the Red Sea security situation and the reluctance of ocean carriers to return to Suez Canal transits until the safety of crew, ships and cargo can be guaranteed.
Mon, 10 Mar 2025 16:26:14 GMT
Analyst Lars Jensen’s closing message to conference participants planning their supply chains for the coming year is to move slowly and carefully because it will take months before clarity emerges.
Thu, 06 Mar 2025 20:06:14 GMT
The bleak timeline from Europe’s busiest port is based on the chaos that resulted when the Ever Given was freed after six days of blocking the Suez Canal in 2021.
Wed, 05 Mar 2025 18:33:17 GMT
While the new network will need two cycles to be fully phased in through the next two or three months, the Hapag-Lloyd CEO said Gemini was “off to a good start” with 550 port calls made so far and 45 of 57 services already started.
Tue, 04 Mar 2025 20:06:14 GMT
The measures are the latest in a series of support packages announced by South Korean trade organizations and government bodies to help the country’s small and medium-sized exporters weather capacity restrictions and volatile freight rates.
Fri, 28 Feb 2025 17:43:15 GMT
The carrier has replaced the huge vessels with smaller ships in a move to cut capacity and reduce pressure on rates that have plummeted since the start of the year, according to the analyst.
Thu, 27 Feb 2025 16:39:14 GMT
The poor operating conditions look set to continue this year, likely keeping container handling numbers under pressure at Europe’s third-largest port.
Mon, 24 Feb 2025 15:14:14 GMT
A dispute over severance pay compensation has resulted in a series of walkouts by dockworkers at Rotterdam’s Delta II terminal over the past month, severely disrupting the handling of deep-sea vessels, regional feeder ship calls and inland-bound cargo.
Fri, 21 Feb 2025 15:38:14 GMT
The threat dynamic in the Houthi-controlled area remains too high for ocean carriers to consider ending diversions around southern Africa, and higher insurance costs likely await when they do.
Wed, 19 Feb 2025 20:16:14 GMT
Spot rates on the eastbound corridor are fast converging on long-term prices, and carriers want to lock in cargo owners ahead of a return to Red Sea transits and the resulting capacity overhang.
Tue, 18 Feb 2025 18:51:14 GMT
Full ships from China are arriving as labor action roils container handling at major hubs in Rotterdam and throughout France, with the disruption exacerbated by bad weather.
Tue, 11 Feb 2025 16:10:14 GMT
The disruption to the Asia-Europe trade lane is expected to be limited as the transition from old services to the new alliances is being made during the traditionally slow post-Lunar New Year period.
Wed, 05 Feb 2025 17:13:14 GMT
Ports in the UK are already seeing rising operational delays as a string of storms moves in from the Atlantic and major ports in Europe issue high wind warnings.
Wed, 29 Jan 2025 17:15:16 GMT
China celebrates the Year of the Snake Tuesday, and while there is always a move to get export orders on the water before the holidays, the push this year came earlier than expected.
Tue, 28 Jan 2025 15:41:16 GMT
With voyages around southern Africa taking up to 45 days and most carriers continuing to divert away from the Red Sea, the shorter route cuts the transit time of Kawa Shipping’s China-Europe Express to just 26 days.
Mon, 27 Jan 2025 16:40:15 GMT
A pledge by Houthi militants to focus ship attacks on Israel-linked vessels is not enough to encourage ocean carriers to end their diversions around Africa and return to transits via the Suez Canal.
Mon, 20 Jan 2025 17:42:14 GMT
The peace deal in Gaza is highlighting the capacity overhang facing container shipping once vessels absorbed by the longer voyages around southern Africa return to the shorter route via the Red Sea and Suez.
Thu, 16 Jan 2025 16:38:14 GMT
The carrier said its ability to capture market share was directly linked to a shift in trade dynamics as mainline operators outsourced intra-regional services to more agile operators.
Tue, 14 Jan 2025 15:46:14 GMT
The carrier’s top-line financials are a clear signal that container shipping is firmly back in profitable territory following a poor end to 2023 that left several carriers nursing losses.
Fri, 10 Jan 2025 17:09:14 GMT
With the threat of a US port strike averted, the transition to new global service networks will not be accompanied by widespread disruption, the analyst believes.
Thu, 09 Jan 2025 15:45:15 GMT
With shippers under pressure to finalize production plans with Asian factories amid ongoing vessel diversions around Africa and elevated rates, there is little point in delaying the signing of annual contracts.
Wed, 08 Jan 2025 15:44:16 GMT
Carriers adopting a “wait-and-see” approach to the new regulation will face significant penalties and a potential loss of income from decarbonization-focused customers, according to a report from the classification society.
Tue, 07 Jan 2025 16:08:14 GMT
Shanghai and Ningbo are dealing with “serious” congestion, according to a forwarder, while labor shortages in Hamburg are causing berthing delays of up to 10 days.
Tue, 31 Dec 2024 18:13:14 GMT
Despite a glut of capacity on the water, Suez Canal diversions and healthy volumes will keep container shipping vessel supply tight, analysts predict.
Fri, 27 Dec 2024 16:25:14 GMT
Carriers have penciled in a return to the Red Sea and Suez Canal for the second half of the year, and some analysts are also using that as a baseline for their market outlooks, but the reality is that no one knows.
Mon, 23 Dec 2024 19:16:14 GMT
Handling large container exchanges with vessels arriving late and bunching outside import gateways is leading to bottlenecks at some of the region’s largest hubs.
Thu, 19 Dec 2024 16:00:15 GMT
Severe weather and a rush of cargo before Lunar New Year celebrations slow Asian factory production are clogging major ports from Tokyo to Shanghai.
Mon, 16 Dec 2024 15:24:14 GMT
Customer advisories from Maersk, CMA CGM and Hapag-Lloyd show the carriers plan to “simplify the process” by merging compliance with the EU ETS and FuelEU regulations into one fuel surcharge.
Mon, 16 Dec 2024 14:54:14 GMT
While carriers can offset some operating costs by raising rate levels, reducing carbon emissions on voyages that are taking two weeks longer is becoming increasingly important as decarbonization regulations tighten.
Mon, 09 Dec 2024 17:25:14 GMT
The Federal Maritime Commission said that it needs more information about the new grouping of ocean carriers known as the Premier Alliance before the vessel-sharing agreement can begin in February on US trades.
Fri, 06 Dec 2024 22:52:14 GMT
The Asia-North America trade will be featured on 13 of the initial 24 services inaugurated by the ONE-HMM-Yang Ming partnership.
Fri, 06 Dec 2024 20:58:14 GMT
Strong bookings out of Asia require more capacity than carriers can provide, which, according to Hapag-Lloyd, is having the predictable impact on prices.
Fri, 06 Dec 2024 16:05:51 GMT
The regulation is designed to enhance security across global supply chains and brings the EU in line with other major exporting countries.
Wed, 04 Dec 2024 17:31:13 GMT
The news from Gemini came as MSC released the latest update to its standalone east-west network that will also launch in February.
Wed, 27 Nov 2024 19:24:14 GMT
Average spot rate levels on the Asia to Europe trade lanes have continued to increase through November as an early start to the Lunar New Year pushes up bookings, forwarders say.
Tue, 26 Nov 2024 16:12:19 GMT
Converting an existing vessel to be able to operate on methanol requires major engineering work and could cost more than building a new ship with a shorter time to depreciate the investment, according to the carrier.
Fri, 22 Nov 2024 15:16:17 GMT
Frontloading and Red Sea diversions pushed volume and rates higher in the third quarter, and ongoing geopolitical disruption will allow carriers to extend their robust financial health into next year, according to the founder of the global equity firm.
Thu, 21 Nov 2024 14:47:16 GMT
A total of 68 sailings globally are expected to be canceled during April, according to maritime consultancy Drewry, with about half of the cancellations in trans-Pacific services.
Tue, 01 Apr 2025 21:48:14 GMT
Forwarders say they are seeing utilization only near 50% on the Asia-Mexico lane amid seasonally low demand and tariff uncertainties.
Mon, 31 Mar 2025 19:17:14 GMT
In creating the threat of a clearly significant penalty, the US Trade Representative essentially forced observers to not merely give a thumbs up or down to the proposal, but to offer alternative solutions.
Fri, 28 Mar 2025 19:21:14 GMT
Shippers, carriers and forwarders say uncertainty around consumer demand, tariffs and geopolitical disruptions has produced a wider range of service contract rates this year.
Thu, 27 Mar 2025 20:51:13 GMT
The top 10 carriers for imports collectively hauled 2.43 million TEUs into the Gulf Coast last year and had a market share of almost 94%, according to the latest Journal of Commerce rankings.
Mon, 24 Mar 2025 18:48:14 GMT
Cosco said changes in the shipping alliances this year will trigger competition in digitization and decarbonization.
Fri, 21 Mar 2025 19:13:04 GMT
Container lines serving the India-US trade appear to be taking a hard line in the first round of annual contract negotiations amid overcapacity putting downward pressure on spot rates.
Fri, 21 Mar 2025 16:15:14 GMT
A group of seven Asia-based regional carriers are collaborating to add a weekly long-haul service on the eastbound trans-Pacific despite bearish market signals.
Thu, 20 Mar 2025 19:08:03 GMT
The growing backlog of boxes awaiting a return to Asia has resulted in finger pointing among stakeholders over how best to address the problem.
Thu, 20 Mar 2025 18:28:16 GMT
Despite banking a collective operating profit of about $60 billion in 2024, a worsening supply-demand imbalance could make the next three years difficult for the container shipping industry.
Mon, 17 Mar 2025 14:27:14 GMT
Fresh questions about the direction of the US economy after the tariff chaos unleashed by the Trump administration in recent weeks has container lines resetting their rate expectations for the 2025–26 service year.
Fri, 14 Mar 2025 15:30:31 GMT
The Cosco Shipping subsidiary recorded another highly profitable year but pointed to growing geopolitical uncertainties and industry-specific challenges that will test container shipping in the year ahead.
Thu, 13 Mar 2025 16:17:14 GMT
Zim’s decision to keep more capacity available for spot rather than contract business on the trans-Pacific allowed it to capitalize on the expanded deployment of capacity on the trade.
Wed, 12 Mar 2025 19:24:14 GMT
Analyst Lars Jensen’s closing message to conference participants planning their supply chains for the coming year is to move slowly and carefully because it will take months before clarity emerges.
Thu, 06 Mar 2025 20:06:14 GMT
While the new network will need two cycles to be fully phased in through the next two or three months, the Hapag-Lloyd CEO said Gemini was “off to a good start” with 550 port calls made so far and 45 of 57 services already started.
Tue, 04 Mar 2025 20:06:14 GMT
The measures are the latest in a series of support packages announced by South Korean trade organizations and government bodies to help the country’s small and medium-sized exporters weather capacity restrictions and volatile freight rates.
Fri, 28 Feb 2025 17:43:15 GMT
Container lines in the US’ busiest trade lane, determined to avoid a repeat of last year when they believe they significantly underpriced their services, are seeking rate gains of 20% to 30% for the upcoming service year.
Fri, 28 Feb 2025 16:40:17 GMT
The US Trade Representative said the proposed fees are designed to counter China’s influence over the global shipbuilding and maritime industry.
Mon, 24 Feb 2025 19:45:42 GMT
Forwarders say demand expectations for trans-Pacific imports to North America are softening for the second quarter, forcing liners to reduce peak season surcharges that have been in place for almost a year.
Fri, 21 Feb 2025 21:35:14 GMT
Cargo tracking shows no clear advantage for Chinese-based ocean carriers transiting the critical waterway, throwing doubt on the US president’s claims of China’s influence, according to a report from the visibility data provider.
Fri, 21 Feb 2025 21:28:16 GMT
The forwarder reported solid results to close 2024 as unknowns linked to US longshore labor, tariff policy and changes to de minimis rules fueled trans-Pacific freight demand.
Wed, 19 Feb 2025 22:09:16 GMT
Smaller forwarders on the trade lane are pooling their cargo volumes in formal and informal arrangements to get vessel space at favorable fixed rates as some carriers focus primarily on larger customers.
Thu, 13 Feb 2025 20:48:14 GMT
The top 15 liners in the Journal of Commerce rankings collectively carried 18.8 million TEUs to the US from Asia last year, up 17.3% from 2023.
Wed, 12 Feb 2025 20:48:15 GMT
But Hackett Associates founder Ben Hackett said US port cargo “could be badly hit” if tariffs on Asian and European countries increase prices and prompt US consumers to buy less.
Fri, 07 Feb 2025 19:32:15 GMT
Three carriers who were part of the now-disbanded THE Alliance can start offering service to and from the US by Sunday after the Federal Maritime Commission studied the new partnership’s market impact.
Fri, 07 Feb 2025 17:48:14 GMT
The most significant drop will take place in the second half of the month after Lunar New Year, with about 7% of the lost capacity attributed to a short month and “gaps in service handoffs,” according to maritime intelligence firm eeSea.
Tue, 04 Feb 2025 22:17:14 GMT
The comments by Louis Sola during a Senate hearing come amid rising US scrutiny of Chinese influence over the crucial waterway.
Tue, 28 Jan 2025 22:57:14 GMT
Liners believe they left money on the table in 2024–25 service contracts, sources tell the Journal of Commerce, and are putting up opening quotes about 25% higher than a year ago in their initial talks with customers.
Tue, 28 Jan 2025 20:50:14 GMT
President Donald Trump injecting himself into longshore labor talks and his recent threat to take over the Panama Canal are a precursor to the unpredictability container shipping will face over the next four years, writes Journal of Commerce Executive Editor Mark Szakonyi.
Thu, 23 Jan 2025 13:54:15 GMT
The ocean carrier made the changes ahead of the launch of its partnership with Hapag-Lloyd, referring shippers to the new alliance’s services as an alternative.
Wed, 22 Jan 2025 19:28:14 GMT
A pledge by Houthi militants to focus ship attacks on Israel-linked vessels is not enough to encourage ocean carriers to end their diversions around Africa and return to transits via the Suez Canal.
Mon, 20 Jan 2025 17:42:14 GMT
The pricing move means a general rate increase planned by carriers for Jan. 15 will not be implemented, forwarders say, because demand is not sufficient to support another boost.
Tue, 14 Jan 2025 17:17:14 GMT
The carrier’s top-line financials are a clear signal that container shipping is firmly back in profitable territory following a poor end to 2023 that left several carriers nursing losses.
Fri, 10 Jan 2025 17:09:14 GMT
With the threat of a US port strike averted, the transition to new global service networks will not be accompanied by widespread disruption, the analyst believes.
Thu, 09 Jan 2025 15:45:15 GMT
Rates in the eastbound trans-Pacific are surging to peak-season levels as US retailers rush to ship merchandise before many factories in Asia close during the holiday celebrations that begin on Jan. 29.
Mon, 30 Dec 2024 15:38:14 GMT
Most US retailers say they have frontloaded sufficient inventory from Asia to get them through the first quarter, but planning import volumes and supply chains beyond that point remains problematic.
Fri, 27 Dec 2024 20:35:13 GMT
Despite a glut of capacity on the water, Suez Canal diversions and healthy volumes will keep container shipping vessel supply tight, analysts predict.
Fri, 27 Dec 2024 16:25:14 GMT
Bills introduced in the House and Senate seek to expand the US-flag international fleet from the current level of about 80 ships to 250 in 10 years and would require all government cargoes to be carried on US-flag vessels.
Fri, 20 Dec 2024 19:51:14 GMT
Shippers on the Europe-US trade lane are facing significant rate increases in January as the potential for disruption grows from labor uncertainty and new operating alliances.
Thu, 19 Dec 2024 16:55:17 GMT
Spot rates from Asia to the US rose to highs this week as a looming dockworker strike on Jan. 15, the early Lunar New Year in Asia and the threat of tariffs under the new administration are keeping front-loading of imports at unusually high levels for December.
Wed, 18 Dec 2024 20:08:14 GMT
The change to a more freight-all-kinds strategy comes as ongoing contracts for the 2024-25 service year bundled with penalty clauses have proved to be problematic for keeping customer relationships intact.
Wed, 02 Apr 2025 15:32:14 GMT
The terminal operator says buying the railroad that connects ports on the canal’s Pacific and Atlantic sides fits into its overall strategy of offering more service to shippers.
Wed, 02 Apr 2025 15:24:14 GMT
Forwarders say they are seeing utilization only near 50% on the Asia-Mexico lane amid seasonally low demand and tariff uncertainties.
Mon, 31 Mar 2025 19:17:14 GMT
In creating the threat of a clearly significant penalty, the US Trade Representative essentially forced observers to not merely give a thumbs up or down to the proposal, but to offer alternative solutions.
Fri, 28 Mar 2025 19:21:14 GMT
The move comes as Hutchison is facing increasing pressure from the Chinese government over the $22.8 billion sale of its ports business outside of China to BlackRock and TiL, especially the Panama ports.
Fri, 28 Mar 2025 18:17:14 GMT
Donald Trump’s latest tariffs targeting the auto sector have put key ro/ro ports on alert as they face a “chilling effect” on volumes.
Fri, 28 Mar 2025 15:03:14 GMT
Excess capacity and waning US import demand caused in part by tariff uncertainty could put further downward pressure on drayage pricing in the second quarter.
Thu, 27 Mar 2025 19:32:14 GMT
The port authority on Wednesday completed an expansion of Inland Port Greer ahead of the opening of the near-dock Navy Base Intermodal Facility (NBIF) at the Port of Charleston later this year.
Thu, 27 Mar 2025 18:15:14 GMT
Brent Sadler served in the US Navy for 26 years and now works as a senior research fellow at the Heritage Foundation.
Wed, 26 Mar 2025 15:54:21 GMT
Major carriers had lined up rate increases with the intention of strengthening their bargaining power during service contract negotiations, but overcapacity seems to have kept that tactic in check.
Wed, 26 Mar 2025 13:00:14 GMT
Capacity improvements at the New Jersey facility will include optimization of the terminal layout, rebuilding berths at a higher level to allow for anticipated increases in the sea level and replacing existing cargo-handling equipment with zero-emission, electric machines.
Mon, 24 Mar 2025 19:25:14 GMT
The top 10 carriers for imports collectively hauled 2.43 million TEUs into the Gulf Coast last year and had a market share of almost 94%, according to the latest Journal of Commerce rankings.
Mon, 24 Mar 2025 18:48:14 GMT
Cosco said changes in the shipping alliances this year will trigger competition in digitization and decarbonization.
Fri, 21 Mar 2025 19:13:04 GMT
US maritime interests said the proposed fees on Chinese ships would hit a variety of low-value, niche trades that can’t absorb the costs.
Fri, 21 Mar 2025 18:32:20 GMT
MPV industry experts call for exemptions to US port taxes for China-built ships, stressing the lack of alternatives for specialist cargo carriage and the unfair burden on responsibility on the sector.
Fri, 21 Mar 2025 16:24:14 GMT
A deal between the Northwest Seaport Alliance and the Native American Puyallup Tribe will result in a 22-acre, two-berth terminal completed by the end of the decade.
Fri, 21 Mar 2025 09:51:16 GMT
A group of seven Asia-based regional carriers are collaborating to add a weekly long-haul service on the eastbound trans-Pacific despite bearish market signals.
Thu, 20 Mar 2025 19:08:03 GMT
The growing backlog of boxes awaiting a return to Asia has resulted in finger pointing among stakeholders over how best to address the problem.
Thu, 20 Mar 2025 18:28:16 GMT
Canada’s labor minister will take a direct hand after the mediated talks for a new longshore contract at the port failed to achieve a deal after 18 months of negotiations.
Thu, 20 Mar 2025 15:29:14 GMT
Montreal’s port chief says a successful outcome after nearly two years of talks between port employers and the longshore union will be critical to restoring shipper trust.
Wed, 19 Mar 2025 21:37:14 GMT
Despite the month-over-month downturn, Los Angeles-Long Beach volumes were higher than a year ago as Southern California’s freight boom did not begin until the second quarter of last year.
Wed, 19 Mar 2025 21:10:14 GMT
The long-term agreement calls for the ocean carrier to add seven services with 10 weekly calls to Brazil’s largest port over the next two years.
Wed, 19 Mar 2025 17:47:14 GMT
Running loops with fewer ships will not be the current priority for an oversupplied industry, but new entrants may be more inclined to look at a lean, efficient product that has a competitive service edge in the key hubs it serves, writes Jeremy Masters.
Tue, 18 Mar 2025 14:03:14 GMT
The port will berth vessels at its smaller Ocean Terminal two miles downriver from the main Garden City terminal in order to cut waiting times outside the port and reduce ship backlogs.
Mon, 17 Mar 2025 20:14:14 GMT
Ports across the continent are struggling to clear bottlenecks as containers stack up in terminals and delay inland and feeder connections.
Mon, 17 Mar 2025 17:22:14 GMT
The country’s competition watchdog is reviewing whether DP World’s acquisition of the logistics provider could lead to higher costs for shippers.
Mon, 17 Mar 2025 14:17:14 GMT
A commentary published in a Hong Kong state-backed newspaper said the acquisition of Hutchison’s Panama assets by BlackRock and TiL would “Americanize” the canal and cause Washington to restrict Chinese access to the waterway.
Fri, 14 Mar 2025 18:05:13 GMT
The Dubai-based terminal operator’s end-to-end supply chain strategy is paying dividends with strategic investment in forwarding services attracting business from high value verticals.
Thu, 13 Mar 2025 16:09:17 GMT
The National Retail Federation now says it expects a downward shift in the second quarter as importers face challenges from tariffs and elevated inventories in the wake of significant cargo frontloading.
Wed, 12 Mar 2025 20:27:14 GMT
Zim’s decision to keep more capacity available for spot rather than contract business on the trans-Pacific allowed it to capitalize on the expanded deployment of capacity on the trade.
Wed, 12 Mar 2025 19:24:14 GMT
While the 15-month-old Red Sea crisis is ever present, ocean carriers and their customers are also now navigating the vagaries of the trade policies and proposals of the Trump administration.
Wed, 12 Mar 2025 14:10:14 GMT
After raising rates in anticipation of higher volumes, several top carriers have now dropped spot booking rates from West India to North Europe by between $300 and $500 per container, according to freight forwarder sources in Mumbai.
Tue, 11 Mar 2025 20:41:14 GMT
Reshuffling port calls because of a potential Trump administration fee on Chinese-built and -operated ships would place additional strain on the US intermodal supply chain, railroad executives say.
Tue, 11 Mar 2025 19:22:14 GMT
As a top tier of mega carriers has emerged through consolidation and organic growth, so has the need of those carriers to align their dominance on the ocean with capacity at ports.
Tue, 11 Mar 2025 15:01:17 GMT
European governments and the European Commission will carry out regulatory reviews to assess the level of market concentration MSC will have with the planned takeover of Hutchison’s port assets, with divestitures likely on the table.
Fri, 07 Mar 2025 15:27:14 GMT
Across all the terminals in Los Angeles and Long Beach, average rail dwell times peaked at just under 10 days in October, according to the Pacific Maritime Shipping Association.
Fri, 07 Mar 2025 13:24:14 GMT
The arrival of the first vehicle imports in five years has sparked renewed interest in the country’s auto shipment potential.
Fri, 07 Mar 2025 11:51:21 GMT
The carrier’s investment, announced while its chief executive met at the White House with President Donald Trump, comes amid heightened political sensitivities in the US as far as the container shipping industry is concerned.
Thu, 06 Mar 2025 22:29:14 GMT
The bleak timeline from Europe’s busiest port is based on the chaos that resulted when the Ever Given was freed after six days of blocking the Suez Canal in 2021.
Wed, 05 Mar 2025 18:33:17 GMT
The massive deal includes Hutchison’s 90% interests in the Panama Ports Company, which owns and operates the ports of Balboa and Cristobal on the Pacific and Atlantic entrances to the Panama Canal and has been the object of recent scrutiny from the Trump administration.
Tue, 04 Mar 2025 21:15:13 GMT
Firms sourcing from Vietnam, India or Mexico rely heavily on components, raw materials and equipment from China, which will remain an essential link in the production supply chain even if it's no longer the only one.
Wed, 02 Apr 2025 13:52:14 GMT
Ongoing supply chain disruption and a significant increase in trading of container freight futures among speculative investors could accelerate the adoption of financial hedging tools among shippers and other physical industry players.
Thu, 27 Mar 2025 15:11:14 GMT
In a move to better utilize its leased pool of trailers, Uber Freight has partnered with software vendor Optimal Dynamics to bundle loads for drivers across 10 trailer pool locations.
Wed, 26 Mar 2025 16:56:32 GMT
Acquisitions continue in the domestic freight market, with Descartes buying 3GTMS to continue a decade-long spree of purchases.
Tue, 25 Mar 2025 19:08:20 GMT
While shippers might have expected ocean carriers to make application programming interfaces widely available by 2025, negative incentives have inhibited that progress.
Thu, 13 Mar 2025 14:54:14 GMT
The explosion of logistics software-as-a-service tools is leading shippers to build data foundations that reside outside of their internal systems.
Tue, 11 Mar 2025 17:16:13 GMT
The visibility market has bifurcated into standalone vendors too small to be captured by Gartner’s “Magic Quadrant” report and larger vendors whose platforms extend far beyond what the report evaluates.
Fri, 07 Mar 2025 18:57:18 GMT
Digital forwarders that emerged over the past decade are coming of age in the era of AI, but not all will make it to the other end.
Fri, 28 Feb 2025 13:00:00 GMT
Acquisition activity in the truckload space continues, with price benchmarking vendor Greenscreens.ai the latest to sell.
Wed, 26 Feb 2025 22:50:14 GMT
Shipper, forwarder and customs broker associations want to see the members of the Digital Container Shipping Association accelerate efforts to create interoperable process standards.
Tue, 25 Feb 2025 19:49:14 GMT
Automation of the customs entry process, which software provider Magaya announced this week, is being enabled by advances in data extraction from emails and offline files.
Wed, 19 Feb 2025 19:18:14 GMT
project44 is the latest established software provider to release a suite of artificial intelligence agents amid a torrent of startups building tools for logistics providers and shippers.
Wed, 12 Feb 2025 17:01:14 GMT
A new report from software vendor Kaleris has found that terminal operators around the globe believe they are providing better visibility data than shippers say are they receiving.
Wed, 05 Feb 2025 19:31:17 GMT
Unstructured data, security concerns and value questions are holding back the progression of technology in the breakbulk industry.
Wed, 05 Feb 2025 16:59:14 GMT
Regulatory uncertainty around the allowance of digital trade documents is one factor that has slowed the adoption of electronic bills of lading in the shipping industry.
Wed, 05 Feb 2025 16:12:17 GMT
DSV CEO Jens Lund said the size of the Schenker acquisition meant it could take up to two years before the companies were fully integrated into the world’s largest forwarder.
Tue, 04 Feb 2025 16:33:14 GMT
GenLogs uses a network of highway sensors to help freight brokers manage freight fraud and also identify sales and capacity opportunities.
Mon, 03 Feb 2025 20:12:15 GMT
A startup founded and backed by ex-Flexport sales executives is aiming to help shippers manage the flood of outbound sales efforts they receive from logistics providers.
Tue, 21 Jan 2025 16:50:14 GMT
A handful of companies unveiled new products in the last week intended to enable decision-making based off the visibility data they provide.
Wed, 15 Jan 2025 15:29:13 GMT
The US is seeking to amend rules regarding so-called de minimis shipments, which have skyrocketed since the pandemic.
Mon, 13 Jan 2025 19:47:14 GMT
Shippers have long outsourced drayage to third parties, but farming out allocation decisions to managed transportation providers threads the needle between access to capacity and neutrality.
Wed, 08 Jan 2025 17:54:13 GMT
The acquisition is part of a surge in logistics M&A transactions aimed at simplifying access to systems and services for shippers and brokers.
Tue, 07 Jan 2025 19:47:14 GMT
More uptake of transactional pricing in the less-than-truckload market is a sign that some carriers are targeting smaller or more infrequent LTL shippers.
Mon, 06 Jan 2025 16:06:15 GMT
Shippers must weigh the merits of a single-source relationship on drayage through key ports over splitting volume among regional and national carriers, or even brokers.
Fri, 03 Jan 2025 17:21:14 GMT
The deal will see Acuitive Solutions’ AcuAudit product integrated into Cass’ freight audit and payment platform, one widely used by large shippers.
Thu, 02 Jan 2025 17:40:51 GMT
Acquisitions, new product releases and fresh investment among companies catering to truckload brokers speak to an industry wrestling with the need to make things easier for customers.
Thu, 19 Dec 2024 18:38:14 GMT
The acquisition of Trucker Tools will give DAT access to carrier positioning data to arm its truckload broker customers.
Tue, 17 Dec 2024 18:44:14 GMT
Advent eModal, a three-decade landmark provider of fee collection and appointment scheduling at container terminals, has been sold by private equity group Blackstone to air cargo software specialist CargoSprint.
Mon, 16 Dec 2024 11:00:00 GMT
Generative AI is changing the nature of core freight brokerage processes, potentially impacting the amount brokers earn and how employees get paid.
Thu, 05 Dec 2024 19:04:14 GMT
Freight brokers large and small are testing software, including the tools developed by Vooma, that automate core functions such as quoting, load building and tracking.
Tue, 03 Dec 2024 20:03:14 GMT
The two biggest transportation visibility vendors in the market have been battling each other in court since 2019 but can now refocus on winning market share.
Mon, 02 Dec 2024 20:43:14 GMT
NYSHEX is making a renewed effort to solve the fundamental problem of ocean container supply chains, promoting the use of index-linked contracts to build contract integrity and certainty.
Tue, 26 Nov 2024 19:34:22 GMT
The use cases for sensor-enabled container fleets could expand if shipping lines see such hardware as a legitimate tool to combat the threat of illicit goods movement.
Mon, 25 Nov 2024 20:18:14 GMT
By connecting to forwarder-customers of software vendor e2open, Freightos is continuing its push to develop electronic booking capability in the air freight industry.
Fri, 22 Nov 2024 18:47:19 GMT
A dearth of consolidation means there are still plenty of visibility vendors for shippers to choose from, but it also means the market as a whole is on somewhat unsteady ground.
Thu, 21 Nov 2024 14:00:00 GMT
GenLogs, founded by an ex-counterterrorism expert, is offering shippers and brokers a way to track lost trailers and trucks as cargo theft booms in the US.
Wed, 20 Nov 2024 11:00:00 GMT
The New York Shipping Exchange’s plan to introduce indexes to support long-term contracts adds to an already crowded field of providers.
Tue, 19 Nov 2024 16:30:15 GMT
The company sees its new Broker Access product as another channel for brokers to find capacity outside of contracts with truckload carriers and posting spot freight on a load board.
Thu, 14 Nov 2024 17:35:14 GMT
Customers of automated freight procurement tool Keelvar will get access to more than $1 trillion in truckload pricing data as part of a new arrangement with DAT Freight & Analytics.
Wed, 13 Nov 2024 18:22:14 GMT
Shippers once saw small variances on freight bills as a nuisance too insignificant to dispute, but technology is enabling more efficient scrutiny across transportation modes.
Mon, 04 Nov 2024 13:49:13 GMT