U.S. Trade Deficit Widened to Record in February
By Olivia Rockeman (Bloomberg) — The U.S. trade deficit widened in February to a record high as solid household and business demand kept imports
By Olivia Rockeman (Bloomberg) — The U.S. trade deficit widened in February to a record high as solid household and business demand kept imports
South Carolina Ports handled the most cargo in its history in March, with the Port of Charleston handling record volumes as the new Hugh K. Leatherman Terminal
Supply chain bottlenecks in global shipping and semiconductor markets are adding to near-term pressures on inflation, says Fitch Ratings in a new report
By Jonathan Saul and Lisa Baertlein LONDON/LOS ANGELES, March 25 (Reuters) – The suspension of traffic through the Suez Canal has deepened problems
By Alexander Cornwell DUBAI, March 18 (Reuters) – Ports operator DP World gave an optimistic outlook for 2021 on Thursday, citing pent-up demand for
The United States’ top port for containerized imports from Asia reported its best February on record as the nation’s economy continues to bounce
By Mike Wackett (The Loadstar) Ocean carriers are becoming increasingly confident that freight rates will remain high for years and are still chartering
By Mike Wackett (The Loadstar) – CMA CGM has posted a net profit of $1.75bn for 2020, following a loss of $229m the year before, and said it was
PARIS, March 12 (Reuters) – Container shipping group CMA CGM said on Friday that it expected activity to remain strong in the first half of
The Port of Long Beach has reported its busiest February on record amid an unseasonable surge in imports amid the ongoing pandemic-fueled cargo boom. The port
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 Mike Wackett (The Loadstar) – To improve schedule reliability, 2M partners Maersk and MSC are to avoid congested US west coast ports with two
By Sam Whelan (The Loadstar) – Major delays have now hit the port of Singapore, with congestion causing vessel turnaround times to more than
By Eric Martin (Bloomberg) — The U.S. trade deficit widened to the third-biggest on record in January as imports surged to the highest since mid-2019.
By Mike Wackett (The Loadstar) – Major port and landside congestion at US west coast ports could last until the summer peak season, according to ocean
By Alaric Nightingale (Bloomberg) — Flip this ship. A variation on that buy-low, sell-high strategy is exactly what some container shipowners are opting
By Thomas Black (Bloomberg) — A cargo traffic jam on the world’s roads, seas and air corridors could easily continue into next year, continuing to
By Brendan Murray (Bloomberg) — A surge of imports into the U.S. economy shows little sign of slowing down, clogging American ports and highlighting
By Kim Bhasin, Jordyn Holman and Henry Ren (Bloomberg) — Overwhelmed U.S. ports, elevated freight costs and accidents that sent goods plunging to the
By Mike Wackett (The Loadstar) – Containership charter rates have hit 13-year highs and shipowners are locking these in with carriers on three- and
Join the 110,145 members that receive our newsletter.
Have a news tip? Let us know.Maritime and offshore news trusted by our 110,145 members delivered daily straight to your inbox.
Essential news coupled with the finest maritime content sourced from across the globe.
Sign Up