U.S. Container Imports Continue to Show Robust Growth Over 2023
U.S. container import volume remained strong in June 2024, with volumes increasing by double-digits compared to the same month last year, according to
gCaptain’s full coverage of the global container shipping industry.
U.S. container import volume remained strong in June 2024, with volumes increasing by double-digits compared to the same month last year, according to
Global demand for ocean freight container shipping hit an all-time record in May amid soaring spot rates and severe port congestion, according to data released
(Bloomberg) — Container ship congestion in Singapore, one of Asia’s busiest ports, is spreading to neighboring Malaysia, snarling supply chains and
Maersk highlighted significant challenges posed by the ongoing Red Sea situation, which has forced ships to divert around Africa, increasing costs and
SFL Corporation Ltd. (NYSE: SFL) announced today the agreement of new 5-year time charters for four 8,700 TEU container vessels, adding approximately $240
June saw further tightening of market conditions on key deep-sea container trades, with spot rates and associated surcharges increasing every week throughout
By Gavin van Marle (The Loadstar) – Since the 1 July implementation of a series of peak season surcharges (PSS) and new FAK (freight all kinds) levels,
By Charlotte Goldstone (The Loadstar) – MSC now holds a 20% share of the global container shipping market, in terms of capacity offered, a record in the
The Federal Maritime Commission (FMC), the U.S. agency responsible for ensuring a reliable and competitive international ocean transportation system, has
By Gavin van Marle (The Loadstar) – As expected after last week’s surge in spot rate levels, this week saw more modest gains thanks to a week’s
By John Kemp LONDON, June 26 (Reuters) – Global manufacturing activity and freight are showing signs of a recovery, after a downturn took hold
Port Houston reported handling 364,866 twenty-foot equivalent units (TEUs) in May, marking a significant increase of 21% compared to May of last year. The
The Port of Savannah has witnessed significant growth in container volumes due to a strengthening retail market and an influx of new customers. In May, the
Despite a slight 3% drop from last year’s figures, the Port of Los Angeles processed 752,893 Twenty-Foot Equivalent Units (TEUs) in May, maintaining an
TANGIER, June 10 (Reuters) – Morocco’s Tanger Med port expects to top its nominal processing capacity of nine million containers this year,
By Gavin van Marle (The Loadstar) – There were further double-digit increases in container spot freight rates this week, after a series of general rate
May 2024 marked another month of remarkable growth for U.S. container imports, registering a 6.2% increase from April and an 11.9% upswing year-on-year,
Container xChange, a leading player in the global container shipping market, released its June market forecaster report, showing a significant 45% surge in
By Jonathan Saul ATHENS, June 5 (Reuters) – Libra Group exited the container shipping market this week after selling close to 100
By Elke Ahlswede BERLIN, June 5 (Reuters) – Hapag-Lloyd Chief Executive Rolf Habben Jansen said on Wednesday that demand for container
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