covid restocking

Thursday, January 7, 2021

U.S. Trade Gap Widened to Second-Biggest on Record in November

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

January 7, 2021
Total Views: 1982

Wednesday, January 6, 2021

European Shippers Claim Carriers are Breaching Contracts to Demand Higher Rates

By Mike Wackett (The Loadstar) As Asia-Europe container spot rates continue to skyrocket, shippers and freight forwarders are accusing carriers of breaching

January 6, 2021
Total Views: 2495

Monday, January 4, 2021

No Happy New Year for Shippers as Rates Stay Sky High

By Mike Wackett (The Loadstar) – The final Shanghai Containerized Freight Index (SCFI) for 2020, published on 31 December, recorded a staggering 190%

January 4, 2021
Total Views: 3785

Tuesday, December 29, 2020

Year In Review – Top Maritime Stories of 2020

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

December 29, 2020
Total Views: 14397

Wednesday, December 23, 2020
china port

Freight Boom Fires Buffett Trains, Maersk Ships and Oil Prices

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

December 23, 2020
Total Views: 10121

Tuesday, December 22, 2020

U.K. Warned That No-Deal Brexit Would Exacerbate Port Crisis

By Richard Weiss and Christopher Jasper (Bloomberg) — U.K. port snarl-ups would be exacerbated in a no-deal Brexit, shipping giant Hapag-Lloyd AG warned

December 22, 2020
Total Views: 1622


Bottlenecks Wear Down World Economy’s Fleet of Container Ships

By Brendan Murray (Bloomberg) – Container shipping, the backbone of the global trading system, is showing signs of fatigue as the pandemic descends

December 22, 2020
Total Views: 16517

Wednesday, December 16, 2020

Britain’s Retail Industry Demands Probe of Disruption at Ports

By James Davey LONDON, Dec 17 (Reuters) – Britain’s retailers and food manufacturers have called on lawmakers to urgently investigate ongoing

December 16, 2020
Total Views: 2367


COVID Restocking Surge Continues at Port of Los Angeles

The Port of Los Angeles reports that November cargo volumes were up more than 20 percent compared to last year on a combination of increased consumer spending,

December 16, 2020
Total Views: 2385

containers at port of los angeles

Nation’s Busiest Port, Buried in Imports, Plucks Out Toys to Load Santa’s Sleigh

By Lisa Baertlein LOS ANGELES, Dec 15 (Reuters) – Workers at the busiest U.S. seaport are plucking containers of toys off ships and out of massive stacks

December 16, 2020
Total Views: 2387

Thursday, December 10, 2020
port of long beach

World Shipping Council: Assessing the COVID Cargo Crunch

(World Shipping Council) – To say that current trade conditions are challenging would be an understatement, particularly in North America, which is

December 10, 2020
Total Views: 2135

Wednesday, December 9, 2020

Port of Long Beach November Volumes Jump 30%

The Port of Long Beach has reported its busiest November on record as retailers make the final push before the holidays. Dockworkers and terminal operators

December 9, 2020
Total Views: 1640