U.S. Alleges Chinese Shipping Container Giants Rigged Global Supply During COVID Crisis
The U.S. Department of Justice has indicted four of the world’s largest shipping container manufacturers and seven senior executives in what prosecutors
The U.S. Department of Justice has indicted four of the world’s largest shipping container manufacturers and seven senior executives in what prosecutors
Federal investigators are probing whether Chinese container manufacturing giants deliberately throttled global shipping container production just before the
Georgia Ports Authority reported a 2.5% decline in container volumes through April as softer market conditions and last year’s tariff-driven front-loading
The Port of Long Beach posted another year-over-year decline in cargo volumes in April as global market volatility, rising fuel costs and supply chain
Global container spot rates posted their sharpest weekly gain in months as carriers pushed through emergency surcharges and capacity cuts amid rising
Container shipping giant Hapag-Lloyd reported a sharp deterioration in first-quarter earnings on Tuesday, blaming severe weather disruptions and the conflict
Shippers will be watching with bated breath following OOCL’s decision to challenge the record $45m fine it was handed by the US Federal Maritime Commission
By Lori Ann LaRocco – The Port of Los Angeles reported strong results in April, but the port’s head warns that high energy prices are hitting the
Container spot rates rebounded this week after three consecutive weekly declines, as ocean carriers pushed through a new wave of emergency fuel and peak season
A.P. Moller – Maersk reported solid first-quarter 2026 results on Thursday, posting strong volume growth across all business segments despite continued
Despite the continuing deterioration in rates, ocean shippers are being advised to avoid the spot market and stick to their allocation with
Container spot freight rates on the transpacific trade into the North America west coast managed to defy gravity and edge up this week, while most other
Singapore-based liner giant Ocean Network Express reported a modest but resilient profit for fiscal year 2025, navigating weak cargo demand, rising capacity,
Spot container rates extended their downward trend for a third consecutive week, underscoring the growing disconnect between geopolitical disruption and
Container freight spot rates on the Asia-Europe trades largely returned to pre-Iran conflict levels this week, as container supply chains settled after the
The refund system set up to allow companies to recover illegally collected tariffs from the U.S. government went live on Monday as thousands of companies
The six-week rally in global container freight rates has come to an end, with the latest reading from the Drewry World Container Index (WCI) showing a 3%
The Port of Long Beach emerged as the busiest seaport in the United States through the first quarter of 2026, even as cargo volumes eased from last year’s
By Lori Ann LaRocco – The Port of Los Angeles was a beehive of activity in March, but details are emerging on the impact of the U.S./Israel war with
Container spot rates edged higher this week, with mounting fuel costs and continued uncertainty around the Strait of Hormuz beginning to reshape pricing
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