U.S. Imports Surge Set to Run Into Summer as West Coast Ports struggle
By Mike Wackett (The Loadstar) – Container freight and charter markets are continuing to boom post-Chinese New Year, and analysts expect favourable
By Mike Wackett (The Loadstar) – Container freight and charter markets are continuing to boom post-Chinese New Year, and analysts expect favourable
By Enda Curran (Bloomberg) — An ongoing surge in the cost of shipping goods around the world is prompting manufacturers and their customers
By Mike Wackett (The Loadstar) – Ocean carriers are determined to keep container spot rates at their highly elevated levels for as long as possible, as
By Robert Tuttle (Bloomberg) The Port of Los Angeles plans to divert cargo ships to other destinations because of pandemic-fueled congestion, according to the
By Brendan Murray (Bloomberg) — The trade gateways in the U.S. Pacific Northwest that handle the flow of containers, cars and commodities are standing
By Brendan Murray and Kyunghee Park (Bloomberg) — Some of the world’s largest container-shipping lines are ordering new vessels amid surging demand
Hapag-Lloyd expects operating profit to more than triple in the first quarter of 2021 on “exceptionally” strong demand for container transportation
Retail imports at the United States’ largest container ports are expected to set new monthly records into the summer as the nation’s economy
By Christian Wienberg, Kyunghee Park and Morten Buttler (Bloomberg) — The world’s largest container carrier said trade disruptions that have sent
By Brendan Murray (Bloomberg) — Companies that violate U.S. supply-chain rules around inundated American ports may be penalized, according to a key
By Brendan Murray (Bloomberg) — Dockworkers at the busiest U.S. gateway for trade with Asia may soon have better access to coronavirus vaccines, as
The Port of Long Beach has reported its busiest January on record as the cargo boom continues into 2021. Dockworkers and terminal operators at the port moved
By Mike Wackett (The Loadstar) – Yang Ming has taken charge of the fourth in the series of ten 12,690 teu neo-panamax vessels three
By Brendan Murray, Ann Koh and Richard Weiss (Bloomberg) — Soaring freight rates and delivery delays have sparked a global backlash by companies
By Brendan Murray – Ship congestion around the ports of Los Angeles and Long Beach hit an unprecedented level, worsening the bottleneck at the busiest
By Gavin van Marle (The Loadstar) – CMA CGM appears to be set to close its transpacific express container shipping service, after worsening congestion
By Mike Wackett (The Loadstar) – Ocean carriers are to cancel several headhaul sailings to North Europe around the Chinese New Year holiday next month.
By Gabriel Crossley and Kevin Yao BEIJING, Jan 18 (Reuters) – China’s economy picked up speed in the fourth quarter, with growth beating
The Port of Long Beach moved a record 8.1 million TEUs in 2020 despite facing headwinds from the COVID-19 pandemic and the ongoing trade war with China. Total
The Port of Los Angeles reported its fourth best year on record in 2020 as a late-year surge of pandemic-induced consumer spending helped boost volumes to near
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