Container Shipping

Surging import volumes propelled the Port of Long Beach to its busiest July on record and the third-busiest month ever as retailers prepared for the peak

Hapag-Lloyd, one of the world’s leading liner shipping companies, concluded the first half of 2024 with a Group EBITDA of $2 billion, compared to $3.7

The New York Shipping Exchange continues to expand its product offerings to win additional business in an increasingly dynamic container shipping market.

By Ira Breskin The New York Shipping Exchange has modified its operating strategy, responding to a significant shift in how customers contract for container

By Charlotte Goldstone (The Loadstar) – 2M Alliance members Maersk and MSC have reduced port calls in Europe on upcoming sailings to avoid congestion

Port Houston, the fifth-largest container port in the nation, is off to a record pace in 2024, having surpassed 2 million TEUs in record time. In the first six

Ocean container shipping demand from China to North America and North Europe hit record highs in June 2024, driven by importers scrambling to secure their

Descartes Systems Group’s August Global Shipping Report reveals a significant increase in U.S. container imports for July 2024, marking the third-highest

Mediterranean Shipping Company (MSC) has reached an unprecedented market share of 19.8%, the highest ever recorded by a carrier, according to Alphaliner. The

Maersk has raised its financial guidance for the third time in as many months due to ongoing Houthi attacks on shipping in the Red Sea, which are forcing ships

Ocean Network Express (ONE) released its financial results for its first quarter of FY2024, which spanned April to June. The company reported revenue of $4.211

By Brendan Murray (Bloomberg) — Spot rates for shipping containers fell for the first time in almost three months amid signs demand is cooling after US

PARIS, July 25 (Reuters) – Shipping giant CMA CGM said on Thursday that brisk international trade and Red Sea disruption supported its

French shipping and logistics group CMA CGM has reported robust demand for cargo shipping in its second-quarter 2024 results, despite ongoing geopolitical

The container ship fleet’s capacity has surged by 1.6 million TEU since the beginning of the year and has seen an 11% year-over-year increase to 29.5

The U.S. Federal Maritime Commission (FMC), the independent federal agency responsible for regulating the nation’s international ocean transportation system,

LOS ANGELES, July 19 (Reuters) – Retailers Walmart, Target and Shein kicked off back-to-school sales early to stop Amazon.com’s Prime Day

(Bloomberg) — Jason Starr felt the first flashbacks of pandemic PTSD back in mid-April. That’s when the vice president of operations at

The fallout from the Red Sea crisis continues to cascade globally, creating significant challenges for supply chains, according to a recent market update from

The dramatic surge in ocean freight container shipping rates appears to be reaching its peak as importers push back against rising spot rates, according to