Drewry: Ocean rates fall for fifth straight week
Ocean container rates on the Asia-U.S. trade lane continue to fall, according to Drewry’s latest data.
Ocean container rates on the Asia-U.S. trade lane continue to fall, according to Drewry’s latest data.
Uncertainty over tariffs and shifting supply chains undercut the Port of Oakland’s June container volume.
China could block the sale of CK Hutchison’s global port facilities if it doesn’t get a stake in the deal involving a U.S. private equity firm and Mediterranean Shipping Company.
Declining demand and a global tariff fight continue to undermine ocean container rates on key Asia-U.S. trade lanes.
The American Association of Port Authorities and legislators want to limit the ability of Customs and Border Protection to bill them for inspection services.
The Federal Maritime Commission has opened a probe into possible anti-competitive pacts between Port Houston and ocean carriers.
The Port of Los Angeles saw container volume surge 8% to a monthly record in June.
Ocean container indicators turn negative as importers wait for developments on tariffs and trade policy.
Chinese-owned Orient Overseas (International) Limited, parent of OOCL, said it carrier 4.4% more containers in the second quarter from a year ago.
A global alliance of union dockworkers is planning to meet later this year to map out a strategy to fight automation they say eliminates jobs.
Ocean container rates on the key Asia-U.S. trade lanes continued their downward trend in the latest Freightos index.
President Donald Trump said he will impose a 50% tariff on copper imports, and is mulling a 200% levy on imported pharmaceuticals.
Containerized imports through U.S. ports staged a modest comeback in June following a sharp drop in May.
BNSF asks Surface Transportation Board for emergency order to start southern California-Salt Lake City service over Union Pacific tracks.
In a move toward zero emissions operations, the Port Authority of New York and New Jersey has introduced an electric truck charging station at Port Newark.
Italy-based Ficantieri has a new U.S. chief as it becomes the latest shipbuilder to align with the Trump administration’s aim to revive domestic capacity.
Crowley is expanding its Northeast Atlantic container vessel services to include a key bi-state destination in the U.S. Northeast.
A merchant vessel has been attacked in the Red Sea, the first such incident in 2025.
Shippers are paying an average 21% tariff on containerized imports entering the United States, ocean line Maersk said.
The outlook for Asia trade agreements is improving, which is more than can be said for container rates on the eastbound trans-Pacific.
Border agents recently seized $31 million worth of narcotics from commercial shipments in Texas, Michigan, Ontario, and Quebec.
Ocean carriers to reduce cancelled sailings by 44% in July, says Drewry, but weaker trans-Pacific trades to account for almost half the total.
https://www.freightwaves.com/news/us-taking-closer-look-at-ocean-carriers-antitrust-immunity
The Port of Los Angeles expects to boost exports from a rail-served logistics park in California’s Central Valley.
The Federal Maritime Commission is reviewing a 2020 agreement to determine whether global ocean carriers have overstepped their antitrust immunity.
Container rates are giving back recent gains, as U.S.-bound container traffic slumps after a surge fueled by the tariff pause. Shipping consultancy and SONAR data partner Drewry saw its World Container Index fall 9% this week, the second consecutive weekly drop following five weeks of gains. “This decline is a direct result of low demand […]
The Port of New York-New Jersey led all U.S. container hubs in May as tariffs dragged imports at the southern California port complex.
Maersk said it has re-opened services to Haifa port days after Iranian missile barrages hit the Israeli city.
Ports in both Houston and Corpus Christi, Texas, recorded mixed results in May, with increases in container shipping, but a decline in crude oil exports.
Hostilities among Israel, Iran and the United States failed to disrupt most transportation markets as container rates fell in the eastbound trans-Pacific.
Maersk said it was suspending service to Israel’s busiest port just prior to Iran’s missile attack.
Rising rates for the largest crude oil tankers climbed higher as the U.S. bombed nuclear weapons facilities in Iran.
The completion of a 7.2 megawatt (MW) solar installation at PNCT in New Jersey marks a landmark achievement for the hub’s sustainable future.
With the July 9 deadline for finalizing trade deals approaching, the Trump administration is advancing its global tariff strategy. This report outlines the latest developments in tariff implementations and ongoing negotiations with key trading partners. Details of U.S.-China Trade Deal High-level negotiations in London, concluded on June 10, 2025, have produced a framework agreement with […]
The Federal Railroad Administration has determined that gantry cranes for a Montgomery intermodal facility meet the agency’s Buy America exemption.
The conflict between Israel and Iran has yet to hit tanker or container rates, while prices on the eastbound trans-Pacific may have peaked.
Tariffs helped snap 10 straight months of growth at the Port of Los Angeles, but a Yale economist says that the worst could be yet to come.
No injuries were reported after a collision of two crude oil tankers sparked a fire near the Strait of Hormuz.
May volumes decline by 5% but container traffic is up year-to-date.
Crowley was one of 10 winners of the 2025 Fraud Fighters Award.
Israel’s ports are operating as usual as Jerusalem and Tehran trade missile strikes.
Shipping analysts warn Israel’s attacks on Iran could lead to another Red Sea situation if carriers avoid key trade route.
For the second year in a row, the chief worry among maritime executives is political instability, according to a new industry survey.
Container rates on the Asia-U.S. trade lane surged as shippers rushed early peak- season traffic and carriers announced general rate increases, according to SONAR and Freightos data.
Two of the co-authors of “Zero Point Four” said the U.S. maritime industry is lagging behind China, which is leading to national security challenges.
The House approved legislation requiring that all federal commercial cargo be carried on U.S.-owned ships.
The pause in tariffs will boost containerized imports through U.S. ports this summer, according to the National Retail Federation, but at lower levels than a year ago.
A union representing vessel crews is warning regulators of the economic and safety dangers of flag states operating under the radar.
Four sailors are missing and five were injured after an explosion aboard a Singapore-flagged container ship off the coast of India.
Trac Intermodal is positioning its leading fleet of 200,000 chassis to support a tariff pause-fueled surge of import containers.
Container rates continue to soar, says Xeneta, as shippers look to take advantage of the pause in the China-U.S. tariff fight.
Freightos Baltic Index container rates showing the effects of the China-U.S. tariff break and carrier rate hikes.
The Port of New York-New Jersey saw April container volumes rise 6% from the same month a year ago.
Two weeks after a strike ended, long delays are still affecting operations at Mexico’s Port of Manzanillo.
The American Association of Port Authorities said cuts to EPA anti-pollution programs will hurt jobs and weaken the U.S. maritime sector.
Authorities at the Port of Long Beach on Friday seized 55 tons of a chemical used to make methamphetamine.
The Port of Corpus Christi, Texas, announced the completion of its $625 million, six-year ship channel expansion.
Liner operator CMA CGM and launch customer Nike are partnering on an electric barge project in Vietnam.
A federal appeals court sided with the Trump administration in temporarily staying a ruling that blocked most of the president’s tariffs.
Carriers are pushing for big increases in the Asia-U.S. trade, but it remains to be seen how desperate shippers are to secure capacity, says a Xeneta analyst.
French container line CMA CGM is partnering with Saigon Newport Corp. on a $600 million container terminal project in northern Vietnam.
Maersk (OTC: AMKBY) and Hapag-Lloyd (OTC: HPGLY) announced new container services from East Asia to the U.S. Port of Long Beach. The additions by the Gemini Cooperation partners, which include the redeployment of at least one ship back into the eastbound trans-Pacific to U.S. West Coast trade, come as carriers scale up during a 90-day […]
Ports in Houston and Corpus Christi reported a rise in cargo volumes during April, while New Orleans posted a slight decrease.
A.P. Moller-Maersk, parent of the world’s second-largest shipping line, said that as of late May it has bought back almost $600 million worth of stock.
Ocean container rates are surging after the tariff ceasefire stoked demand from China to the United States.
House lawmakers advanced legislation to analyze how China builds, buys and owns ports around the world and to provide alternative options to potential investors.
Federal regulators are opening an informal investigation to determine whether less costly foreign-flag ship registries are undercutting U.S. foreign trade.
The Port of Savannah saw record container traffic for the month of April, the third straight record month for the Georgia gateway.
A worker strike at Mexico’s Port of Manzanillo could cost operators $150 million in lost revenue and taxes.
Zim Integrated Shipping Services Ltd. said better volumes and freight rates boosted profit in the first quarter.
Eastbound international container volume out of Southern California was down 5% from the prior week and 10% compared to the four-week rolling average, according to RailState.
Los Angeles’ port chief doesn’t foresee a “huge surge” of import traffic at the busiest U.S. container hub during the tariff pause.
The U.S. trade representative on Monday will hold a second hearing into proposed port fees on Chinese ships that could add substantial costs to moving cargo through American ports.
The Port of Long Beach, California, saw record container volume as the China-U.S. tariff fight spurred frontloading by importers.
The tariff pause saw Hapag-Lloyd bookings from China to the United States increase 50%.
It’s a whole new freight market from what it was just a month ago, according to the May State of Freight webinar.
Shippers are rushing to bring in stalled China imports following a pause in the U.S.-Sino tariff fight.
The world’s second-largest container carrier wants to kick-start the reset of China-U.S. shipping with a sale on freight rates.
After China and the United States paused tariffs, ocean shippers and carriers watch and wait to see how demand develops.
Container lines welcomed a pause in the tariff war that has crippled trade between the United States and China.
The Port of Virginia wants container shippers to know that it’s not beholden to China.
The parent of Maersk, the second-largest ocean container carrier, revised its full-year box outlook, saying tariffs could cut global volumes by 1% from a year ago.
The world’s second-largest container shipping line sees no immediate changes from U.S. ship fees.
Frontloading helped drive April container imports higher by 9.1% y/y, according to a Descartes report.
Maersk executive Stephen Carmel has replaced Brent Sadler as the Trump administration’s nominee to oversee the U.S. domestic shipping industry.
Expeditors’ earnings show how it benefited from tariff-related chaos in the first quarter.
An analyst says moves by shippers to redirect China exports and by carriers to blank sailings will only shore up container rates in the short term.
West Coast politicians and port executives warned that President Trump’s tariffs will have far-reaching consequences for the U.S. economy.
An area internet outage on Friday temporarily disrupted trucking operations at Port Houston’s two public container terminals.
Newly revised legislation calls for a fleet of 250 U.S.-flag cargo vessels, and subsidies for American shipyards.
Now on demand on WHAT THE TRUCK?!? Dooner is joined by Capt. Adil Ashiq; David Bell; and a word from Craig Fuller
Container and breakbulk cargo flows in March rose in Houston and New Orleans, while demand for crude oil continued to fuel shipments through Corpus Christi, Texas.
As U.S. tariffs freeze China exports, blank sailings and shifting traffic are helping prop up trans-Pacific container rates.
Trump signs executive order mandating that all commercial truck drivers be proficient in English and the slowdown in imports is expected to show up in US ports this week.
The International Longshore and Warehouse Union on Monday blasted President Trump’s trade war with China, saying tariffs will cause massive job losses and devastate working-class families.
President Trump’s China trade embargo is projected to devastate containerized shipments moving through U.S. ports.
Global container traffic is forecast to fall 1% in 2025 due to U.S. tariffs and trade policies, analyst Drewry says, only the third decline in its forecast history.
S&P Global is making a multistep deal with Orbcomm, taking a stake in it and buying a maritime offering.
F. Paul De Maria, chief negotiator for the United States Maritime Alliance in contract talks with the International Longshoremen’s Association, is the new CEO of the port employers’ group.
With Chinese imports tanking and fewer calls expected at West Coast ports, many empty containers won’t have a way back to Asia.