CMA CGM Braced for Weaker Profit Before Demand Pick-Up in 2024
PARIS, July 28 (Reuters) – French shipping group CMA CGM expects container freight demand to improve from next year but the
PARIS, July 28 (Reuters) – French shipping group CMA CGM expects container freight demand to improve from next year but the
The Georgia Ports Authority reported a record Roll-on/Roll-off (Ro/Ro) volumes in FY2023 as container volumes slumped at of Port of Savannah, but are still
By Mike Wackett (The Loadstar) – Container spot rates from Asia to the US spiked this week, while carriers managed to halt the decline in short-term
By Charlie Bartlett (The Loadstar) – Global container freight rates are still – marginally – exceeding pre-pandemic levels, according to
Trade passing through the Port of Long Beach slowed down in June, as retailers continued to clear out their warehouses, the port said Thursday. Dockworkers and
U.S. container import volumes decreased slightly in June compared to May, but were markedly higher than pre-pandemic 2019, according to Descartes Systems
U.S. container imports are expected to peak in August at a little over 2 million TEUs before slowly backing off, according to the National Retail
By Mike Wackett (The Loadstar) – Container spot rates on the transatlantic took a hammering this week, losing over 20% of their value, and the
Seaspan Corporation and Hapag-Lloyd have partnered with MAN Energy Solutions to retrofit up to 60 containerships to use green methanol as marine fuel. MAN
By Mike Wackett (The Loadstar) – There are now clear signs that the weak demand for ocean freight is beginning to impact the hitherto insulated
By Mike Wackett (The Loadstar) – Maritime analysts are bearish on the outlook for liner shipping, as inventory de-stocking progress in the US and Europe
By Mike Wackett (The Loadstar) – The containership charter market shows no sign of softening as it goes into the usually slack summer season, despite
By Laura Curtis and Jordan Fabian (Bloomberg) — Workers and employers announced a tentative agreement on a new six-year contract that will cover
June 10 (Reuters) – The Pacific Maritime Association (PMA), which represents terminal operators, said in a tweet
The U.S. Chamber of Commerce is calling on President Biden to intervene in the ongoing labor negotiations between the Pacific Maritime Association (PMA) and
By Mike Wackett (The Loadstar) – Transpacific spot rates from Asia are set to spike as a consequence of industrial action at US west coast ports and
Despite a rise in consumer spending, U.S. container imports are expected to be 22% lower in the first half of 2023 compared to the same period last year,
Descartes Systems Group (Nasdaq: DSGX) (TSX:DSG) has published its latest June Global Shipping Report, highlighting the ongoing trends in U.S. container
By Mike Wackett (The Loadstar) – Ocean carriers constantly reassess network coverage to cope with the impact of demand fluctuations but, post-pandemic,
(Bloomberg) — Chinese exports fell for the first time in three months in May, adding to risks in the world’s second-largest economy as global demand
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