Tuesday, August 31, 2021
News

U.S. Department of Transportation Appoints Port Envoy to Address Supply Chain Disruptions

WASHINGTON –- The White House and the U.S. Department of Transportation announced that John D. Porcari will be the Port Envoy to the Biden-Harris Administration Supply Chain Disruptions Task Force.  Envoy...

August 31, 2021
Total Views: 1233

Sunday, August 29, 2021
cargo ships in rio de janeiro
Ports

Beef Accumulating In Ports Due To Lack of Refrigerated Containers

By Ken Parks (Bloomberg) –Global shipping disruptions and drought-stricken rivers in the heart of South America threaten to pinch meat exports from two major beef-producing nations as rising food prices stoke...

August 29, 2021
Total Views: 2092

Monday, June 7, 2021
china port
Shipping

China’s Trade Boom Continues in May

By Bloomberg News (Bloomberg) — China’s exports continued to surge in May, although at a slower pace than the previous month, fueled by strong global demand as more economies around the...

June 7, 2021
Total Views: 913

Monday, May 24, 2021
autonomous shipping
Shipping

Digital Ocean Freight is 2021’s Biggest Winner

By Nick Carey and Lisa Baertlein (Reuters) – If suppliers in China fail to pick up freight containers to fill an order for MediaShop, Marcel Schneider gets an alert via...

May 24, 2021
Total Views: 4117

Tuesday, March 30, 2021
Maritime News

End of Suez Snarl Marks Beginning of New Stress on Global Trade

Brendan Murray (Bloomberg) – Now removed from the Suez Canal’s main channel, the Ever Given leaves in its wake several weeks or months of disruptions across a world economy where...

March 30, 2021
Total Views: 5915

Friday, March 5, 2021
port of los angeles
Ports

U.S. Trade Gap Widens to Near Record as Imports Surge

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. The gap in trade of goods...

March 5, 2021
Total Views: 1454

Tuesday, March 2, 2021
port of los angeles cma cgm
Ports

U.S. Imports at Full Speed Show Uneven Global Recovery Pace

By Brendan Murray (Bloomberg) — A surge of imports into the U.S. economy shows little sign of slowing down, clogging American ports and highlighting ways the pandemic is still causing imbalances...

March 2, 2021
Total Views: 1402

Monday, March 1, 2021
port of long beach
Shipping

U.S. Goods-Trade Deficit Widens in January as Imports Surge to a Record

By Eric Martin (Bloomberg) — The U.S. merchandise-trade deficit widened in January as imports climbed to a record high, signaling a continuing recovery in demand from American consumers. The deficit grew...

March 1, 2021
Total Views: 1023

Wednesday, February 24, 2021
container ship
Shipping

International Chamber of Shipping Says Tackling Trade Protectionism Can Lift Post-Covid GDP

By Jack Wittels (Bloomberg) — Governments must look again at eliminating practices that hinder trade if they want to fire an economic recovery once Covid-19 has been tackled, according to new...

February 24, 2021
Total Views: 509

Monday, November 9, 2020
cargo containers
Maritime News

Container Crunch Roiling Transpacific Trade

By Brendan Murray (Bloomberg) — The humble shipping container has a new status in the Covid-19 pandemic: hot commodity. Shortages of the ribbed steel boxes that have plied the global...

November 9, 2020
Total Views: 530

Tuesday, September 22, 2020
port of los angeles
Maritime News

Full Steam Ahead for U.S. Commerce Means Vital Economic Support

By Vince Golle (Bloomberg) — America’s network for moving goods into and around the country is the busiest in years after being throttled by the pandemic, providing vital support for...

September 22, 2020
Total Views: 39

Monday, August 17, 2020
expanded panama canal
Maritime News

COVID-19: Panama Canal Shipping Rebounds From Pandemic Lows

By Michael McDonald (Bloomberg) The Panama Canal is seeing signs of a rebound in global trade as ship transits recover from the depressed levels caused by the pandemic. Total transits...

August 17, 2020
Total Views: 56

Wednesday, April 8, 2020
maersk ship
Maritime News

Idle Containership Fleet Appears Set to Hit All-Time Record

By Mike Wackett (The Loadstar) – Idled containership capacity is expected to reach a record high of 3m teu within weeks, in the “worst capacity crisis the industry has ever seen”, according...

April 8, 2020
Total Views: 99

hong kong port
Maritime News

WTO: Coronavirus Trade Slump Likely to Exceed 2008 Global Financial Crisis

World trade is expected is expected to fall by between 13% and 32% this year as the COVID-19 pandemic disrupts just about every aspect of the global economy, the World...

April 8, 2020
Total Views: 10

Thursday, March 12, 2020
container terminal at port
Maritime News

Global Recession Risk Spikes as World Powers Down, Markets Slump

By Enda Curran and Michelle Jamrisko (Bloomberg) — A pandemic-driven global recession is becoming more likely by the day as the flow of goods, services and people face ever-increasing restrictions and...

March 12, 2020
Total Views: 10

Monday, November 4, 2019
container ship
Maritime News

Global Maritime Trade Suffers Amid US-China Trade Tensions and Uncertainty, Major UN Report Says

World maritime trade lost momentum in 2018 as heightened uncertainty, escalating trade tensions between the US and China, and mounting concerns over other trade policy and political crosscurrents, notably a...

November 4, 2019
Total Views: 13

Wednesday, October 23, 2019
container terminal at port
Maritime News

Global Container Ports Facing Greatest Threats Yet – Report

By Gavin van Marle (The Loadstar) – Container terminal operators are facing higher risks than at any time in the industry’s history, according to a new report. And Container Terminals:...

October 23, 2019
Total Views: 121

Tuesday, October 22, 2019
containership
Maritime News

DP World Reports Lower Global Volumes in Third Quarter

DUBAI, Oct 22 (Reuters) – Port operator DP World reported on Tuesday a third quarter decline in cargo handled across its global portfolio as volumes fell in Dubai for a...

October 22, 2019
Total Views: 5

Tuesday, April 2, 2019
port of los angeles
Maritime News

Shipping Data Shows Weakness in Global Economy

By Lisa Baertlein and Matthias Inverardi LOS ANGELES/DUSSELDORF, April 2 (Reuters) – The volume of U.S. ocean cargo imports arranged by Deutsche Post’s DHL Group, United Parcel Service Inc, FedEx...

April 2, 2019
Total Views: 10

Tuesday, November 13, 2018
container ship
Maritime News

Shipping Remains ‘Cautiously Optimistic’, But Wary of Protectionism

By Alex Lennane (The Loadstar) – Protectionist trade policies are continuing to spook the global maritime sector, although a newly released report suggests the industry has “cautious optimism”. The Navis Business...

November 13, 2018
Total Views: 19