covid container crunch

By Jeslyn Lerh SINGAPORE, June 16 (Reuters) – Global port congestion is set to continue until at least early 2023 and keep spot freight rates

By Kyunghee Park Jun 12, 2022,(Bloomberg) –Port congestion should ease next year as new container vessels are delivered and demand from shippers

By K. Oanh Ha and Jack Wittels (Bloomberg) —China’s increasingly extreme Covid Zero policies are standing in the way of a full recovery for the

By Mai Ngoc Chau (Bloomberg)–World coffee supplies are suffering a fresh setback from stringent travel curbs imposed in second-biggest grower

By Brendan Murray (Bloomberg) The head of one of the largest U.S. gateways for trade said robust demand for imported goods will likely be sustained into

By Ange Aboa (Reuters) Deliveries of cocoa beans to Ivory Coast’s two main ports have slowed in recent weeks as an energy crisis hit industries in the

How did Maersk CEO Søren Skou navigate his company from unprecedented levels of cargo contraction last year to today’s surge in demand? With vaccine

By Lisa Baertlein and Jonathan Saul LOS ANGELES/LONDON, June 29 (Reuters) – Suppliers to Walmart , Target, Amazon.com and other major retailers told

By Mike Wackett (The Loadstar) – The availability of containers at southern Chinese ports continues to deteriorate as carriers omit calls due to a wave

By Brendan Murray (Bloomberg) Container shipping rates are heading higher again, driven to new heights by unrelenting consumer demand and company restocking

German shipping company Hapag-Lloyd has placed an order for 150,000 twenty-foot equivalent containers amid the pandemic-fueled container crunch in Asia and

By Jonathan Saul and Lisa Baertlein LONDON/LOS ANGELES, March 25 (Reuters) – The suspension of traffic through the Suez Canal has deepened problems

By Bloomberg News (Bloomberg) — The world’s biggest makers of shipping containers are scrambling to meet a surge in demand for the metal

By Ann Koh and Rajesh Kumar Singh (Bloomberg) — Some of the world’s biggest exporters in Asia are intervening to alleviate a shipping container

By Isis Almeida, Ann Koh and Michael Hirtzer (Bloomberg) — Food is piling up in all the wrong places, thanks to carriers hauling empty

By Brendan Murray (Bloomberg) — A global shortage of shipping containers that’s sent ocean freight rates skyrocketing shows signs of easing, according

By Mike Wackett (The Loadstar) – Major forwarders are engaged in fierce bidding wars in China, in order to secure equipment and space to North Europe.

By Eric Martin (Bloomberg) — The U.S. trade deficit widened to the second-largest on record in November as merchandise imports reached a more than

What a year! With 2020 coming to a close, we’re taking a look back at the maritime stories that continued to make headlines all year long. IMO 2020 The

By Alaric Nightingale, Jeffrey Bair and Christian Wienberg (Bloomberg) — A great global restock is at hand, filling ships, trucks and trains, and also