Port of Long Beach Cargo Volumes Fall Amid Full Warehouses and Changing Trade Routes
Trade at the Port of Long Beach saw a significant decline in cargo volumes in March 2023, falling by nearly a third from the same period last year, as
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Trade at the Port of Long Beach saw a significant decline in cargo volumes in March 2023, falling by nearly a third from the same period last year, as
Port Houston’s container exports have increased significantly through March, with loaded container exports up by 26%. According to the port authorities, the
By Tara Patel and Benoit Berthelot (Bloomberg) — Rodolphe Saade, the French billionaire at the helm of shipping giant CMA CGM SA, shows no signs of
The Port of Los Angeles reported handling 623,234 TEUs in March, closing out a very soft quarter to start 2023. “Economic conditions slowed global trade
By Layan Odeh and Derek Decloet (Bloomberg) — Brookfield Infrastructure Partners LP agreed to buy Triton International Ltd., the world’s largest owner
Logistics software provider Descartes Systems Group has released its April Global Shipping Report, revealing a significant increase in U.S. container import
By Mike Wackett (The Loadstar) – The first evidence of the depth of the liner shipping freight rate correction comes with the Q1 operational numbers
By Mike Wackett (The Loadstar) – More optimistic demand forecasts and the prospect of a better peak season this year are driving a containership charter
Import cargo volume at the nation’s busiest container ports should climb steadily through this summer, but will remain well-below the record-setting levels
The Port of New York and New Jersey has officially regained its status as the busiest container port in the United States. Despite a traditionally slow period
Port Houston experienced solid February volumes compared to the same month last year, with a total of 313,452 TEUs handled during the month, marking a 15%
The container shipping industry experienced a second straight earnings downturn in the fourth quarter of 2022, with net income reaching $34.7 billion,
The World Shipping Council (WSC) has voiced its opposition to the bipartisan Ocean Shipping Antitrust Enforcement Act, introduced this week by U.S.
by John Konrad (gCaptain) Vincent Clerc, the newly appointed CEO of AP Møller-Maersk, spoke about China’s economic rebound during his visit to the
Atlas Corp. (NYSE: ATCO) has announced the completion of its merger with Poseidon Acquisition Corp., a consortium of Atlas’ controlling shareholders
By Barry Parker (gCaptain) – On Day 3 of the Connecticut Maritime Association’s well-attended Shipping 2023 conference, the Liner Shipping panel
Following a landmark decision made by the commission in December of last year, the Federal Maritime Commission (FMC) has launched an active campaign to ensure
By Bryce Baschuk (Bloomberg) — International commerce soared to a record of $32 trillion in 2022, but goods trade growth is expected to increase by only
The top ten container ports in the U.S. had a their biggest monthly decline on record in February, reflecting the dramatic boom-to-bust cycle caused by the
By Laura Curtis (Bloomberg) — Negotiations over a new labor contract for West Coast dockworkers are under increasing strain as their employers say a
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