The start of the box shipping slack season commences next week when Chinese factories close for the Golden Week holiday. Further spot rate losses are predicted by Alphaliner.
Trade lanes will come to a halt if the U.K. exits the EU on October. 31, believes the Secretary-General of the European Shippers Council.
Customs and Border Protection officers in the Kentucky port of entry seized counterfeit Cartier bracelets and other jewelry between July and September, resulting in an importer’s arrest.
Four ocean shipping firms and four tankers are added to the Office of Foreign Assets Control’s Specially Designated Nationals List for their roles in supporting Maduro regime.
Shipping equities have suffered through a rough couple of years, but hope persists that market capitalizations and trading volumes can be resuscitated.
The aerospace and defense company Harris Corp. failed to stop repeated violations of the Arms Export Control Act for several years following notification by the Defense Department of wrongdoing.
At 400 meters in length, the CMA CGM Jacques Saade has capacity for over 23,000 containers.
The Senate Appropriations Committee’s Democratic members are expected to reject proposed Department of Homeland Security fiscal year 2020 funding bill if $5 billion for southern border wall stays.
Port of Long Beach is offering incentive payments to ocean carriers in an effort to stabilize declining cargo volumes.
The U.S. Department of Agriculture agency looks forward to receiving import documentation through Customs and Border Protection’s International Trade Data System.
The shipping giant has teamed up with JDA to boost warehouse and supply chain visibility
Container ships are setting new records, but for all the wrong reasons, as the vessels become an increasingly popular way to smuggle drugs. As FreightWaves’ Mike King reported, the Maersk Gibraltar, which can carry the equivalent of 5,000 common shipping containers, was the site of the U.K.’s largest drug bust as authorities found about 1.2 […]
Getting to Zero Coalition, which includes Maersk Line, calls for “commercially viable zero-emission vessels” to be deployed on deep sea trade by 2030.
The number of containers is a better bellwether of global trade than the number of container ships.
Team of rivals? The competing ports of Los Angeles and Long Beach are looking at additional ways to cooperate for their mutual benefit.
The $42.3 million bust is the latest in a string of global maritime drug seizures at sea and in ports.
Forwarder outlines pathway to carbon neutral future as climate change takes on new urgency.
Customs and Border Protection explores electronic methods to capture data on the estimated 1.8 million package shipments valued at less than $800 arriving in the U.S. each day.
Truck driver Terry Damon will receive a total of A$1.7 million (US$1.15 million) of compensation from his employer, a shipper and a consignee, after they collectively caused him to suffer a severe injury to his back.
