container shipping

Friday, September 23, 2022

U.S. Imports: East-West Cargo Gap Widens in August

With U.S. port data from August trickling in, we’re getting greater insight into the West to East cargo shift that continues to play out in the United

23 hours ago
Total Views: 1451

Thursday, September 22, 2022

Port Houston a Big Winner from West to East Cargo Shift

The Port of Houston has smashed its record for the highest number of containers handled in a single month as some U.S. imports have shifted from West to Gulf

September 22, 2022
Total Views: 1920

Monday, September 19, 2022

Port of Long Beach Sees Pandemic-Era Imports Surge Easing

By Augusta Saraiva (Bloomberg) — The head of the second-biggest US port expects the pandemic-era surge in consumer demand that snarled supply chains

September 19, 2022
Total Views: 623

Cargo containers pile up at a marine terminal at the Port of Los Angeles.

Liner Shipping: FMC, An Emergency Situation Does Exist

As part of the directives to the Federal Maritime Commission (FMC) contained in the three month old “Ocean Shipping Reform Act of 2022” (OSRA 2022), the

September 19, 2022
Total Views: 2450

Friday, September 16, 2022

Containership Charter Market Coming Back to Earth

There’s been a lot of speculation about when and how fast the container shipping market would return to pre-pandemic norms. Today there is more hard data

September 16, 2022
Total Views: 2379

port of los angeles

Global Cargo Market Softening Points to Gloomy Christmas

By Jamie Freed and Casey Hall SYDNEY/SHANGHAI, Sept 16 (Reuters) – Global trade bellwethers like FedEx and Cathay Pacific Airways. have cast a pall

September 16, 2022
Total Views: 1183

Thursday, September 15, 2022

Port of Los Angeles Starting to Feel the Pinch

The import surge at the Port of Los Angeles slowed in August as predicted as the nation’s busiest container port is finally starting to see cargo volume

September 15, 2022
Total Views: 7610

an overhead view of port of los angeles docks

Transpacific Rate Decline and Strong Dollar Could Bolster U.S. Imports

By Sam Whelan (The Loadstar) – Transpacific ocean rates might be experiencing a “post-Covid plummet”, but US import volumes remain high and lower

September 15, 2022
Total Views: 477

Wednesday, September 14, 2022

Transatlantic Overtakes Transpacific as Most Lucrative Trade for Shipping Lines

By Gavin van Marle (The Loadstar) – After the prolonged container spot rates decline the transatlantic trade has supplanted the transpacific trade as

September 14, 2022
Total Views: 1148

Tuesday, September 13, 2022

Port of Savannah Reports Busiest Month on Record in August

Another big month for the Port of Savannah in August as cargo continues to be re-routed there despite congestion. The Georgia Ports Authority said it handled

September 13, 2022
Total Views: 769

Wednesday, September 7, 2022
an overhead view of port of los angeles docks

Retail Imports Growth Turns Negative as Fed Tries to Rein in Consumer Demand

More signs that container shipping’s pandemic-fueled bull run is starting to crack. The National Retail Federation (NRF) on Wednesday published its

September 7, 2022
Total Views: 1656


Two-Tier Market Emerges as Container Spot and Contract Rates Diverge

By Nick Savvides (The Loadstar) – A two-tier market within the container shipping sector is opening up as spot rates in key trades collapse. Carriers

September 7, 2022
Total Views: 4143

Tuesday, September 6, 2022

Container Shipping Marks Seven Straight Quarters of Record Profits

Container shipping earned a “mind-altering” $63.7 billion in profits in the second quarter, according to industry veteran John McCown’s

September 6, 2022
Total Views: 4644

Saturday, September 3, 2022

CMA CGM Expects Shipping Slowdown After Another Strong Quarter

PARIS, Sept 2 (Reuters) – Weakening consumer spending is curbing shipping demand and freight rates, transport giant CMA CGM said on Friday as

September 3, 2022
Total Views: 2416

Friday, September 2, 2022

Maersk Hit With $180 Million Contract Claim from New York Shipper

By Nick Savvides (The Loadstar) – A New York shipper is legally pursuing Maersk for $180m, claiming the carrier failed to meet contractual obligations

September 2, 2022
Total Views: 7475


Singapore Opens Three Berths at Tuas Mega Port

Singapore has celebrated the opening of three additional berths at its Tuas mega port. Singapore’s Tuas Port is set to become the world’s largest

September 2, 2022
Total Views: 942

Aerial top view container ship

Container Spot Rates Continue to Fall as Capacity Crunch Eases

By Mike Wackett (The Loadstar) – The capacity shortage that underpinned skyrocketing ocean freight rates for the past two years has ended and rates will

September 2, 2022
Total Views: 1681

AFIF Hapag-Lloyd

Hapag-Lloyd’s Big Plans for Pandemic Profits

By Vera Eckert and Jan Schwartz HAMBURG, Sept 2 (Reuters) – German container shipper Hapag-Lloyd is spending billions on expanding and renewing its

September 2, 2022
Total Views: 1207

Thursday, September 1, 2022

East and Gulf Coast Ports Gain as Retailers Rewire Shipping Routes

By Jeannette Neumann and Augusta Saraiva (Bloomberg) — Supply-chain obstacles are forcing US retailers to rewire their shipping routes. The early

September 1, 2022
Total Views: 911

Wednesday, August 31, 2022
shipping containers

Xeneta: Higher Long-Term Container Rates Will Help Carriers to Huge Profits in 2022

The container market may be softening, but long-term freight rates are still through the roof. A new report released Wednesday by ocean freight benchmarking

August 31, 2022
Total Views: 1021