Trans-Pacific container rates are rising – will volumes follow?
Container rates on the eastbound trans-Pacific are climbing, but several factors are likely to weigh on a rebound.
Container rates on the eastbound trans-Pacific are climbing, but several factors are likely to weigh on a rebound.
Longtime FMC veteran Mary Thien Hoang is leaving the maritime regulator for the private sector.
Regional airline Air Cargo Carriers has paid a settlement to resolve charges it defrauded the U.S. Postal Service by fudging time stamps to hide late deliveries.
The Port of Oakland saw agricultural and refrigerated exports post November gains while overall volumes were seasonally weaker.
E-commerce fulfillment provider Stord has acquired one its rivals from Ceva Logistics as it races to gain scale in the logistics sector.
The Maduro regime left Venezeula’s busiest port “in shambles,” as an international port services consortium seeks to reclaim its concession there.
Rising trans-Pacific ocean freight rates are expected to climb further as demand picks up in anticipation of the Lunar New Year holiday.
An import terminal project will expand cement capacity at the Port of Morehead City, N.C., by 500%.
Maersk has promoted its Asia Pacific chief and former Schenker executive to lead its North America business.
Israel-based Zim said it is evaluating multiple acquisition proposals reported to include Maersk, MSC and Hapag-Lloyd but has ruled out a buyout by its CEO.
The Asia-U.S. container market continued its Q4 volatility, with climbing West Coast rates offset by a dip in East Coast prices.
There has been no confirmation regarding online images that appear to show a Chinese cargo ship equipped with missile launchers, radar and other military hardware.
The Senate confirms former Maersk Line executive to lead the Maritime Administration, and the first of two nominees for the Federal Maritime Commission.
Following its recent acquisition of Nippon Cargo Airlines, All Nippon Airways is moving forward with a restructuring to create a leaner, more focused cargo organization.
Port Houston’s cargo volumes declined in November amid seasonal and market headwinds.
The Philadelphia Regional Port Authority announced the retirement of CEO Jeff Theobald, the fourth such leadership change at a North American port this year.
Canada Post and its largest union have finally settled their differences over a labor contract, which must still be approved by rank-and-file letter carriers.
The U.S. ocean container market is a tale of two coasts as carriers manage divergent conditions, notes analyst Xeneta.
FedEx expects to eat $175 million in extra costs to replace capacity caused by the temporary grounding of MD-11 aircraft, but that’s a blip for a company that just reported a $1.6 billion operating income and a 19% gain in adjusted earnings per share.
A Maersk vessel made a successful transit of the Red Sea, but the carrier said it is not ready to commit to a full return to the Suez Canal trade route.