Despite U.S. decline, global container traffic sets new record
Global container traffic posted strong results in August, with North America a notable exception, according to newly-released data.
Global container traffic posted strong results in August, with North America a notable exception, according to newly-released data.
The United States is threatening penalties ranging from port fees to barring ships from entry on nations that back a controversial carbon tax on ships’ emissions.
The United States Trade Representative has added new tariffs of 100% on Chinese-made ship-to-shore container cranes and 150% on cranes used to move containers around terminals.
Canada Post says it will restart operations sometime next week after unionized mail carriers shifted from a national to rotating strikes, but warned of ongoing service disruptions.
China will levy port fees on U.S.-flagged and -owned ships, the latest escalation in the trade war with the United States.
A Danish diplomat said shipping giant Maersk is closely following events in the Middle East as it eyes a return to the Suez Canal.
September import data shows resilient demand despite tariff effects that caused steep declines in a number of key goods categories.
Containerized imports are likely to take a hit from earlier-than-normal stocking up by retailers and expanding tariffs through the remainder of 2025, a trade group predicts.
Container rates on the eastbound trans-Pacific fall by double-digits as ocean shipping braces for new U.S. port fees.
FedEx has consolidated its parcel operations and moved into a bigger air freight terminal in Detroit.
Plans to end the war in Gaza should help global shipping return to the Suez Canal in 2025, the waterway’s chief said.
Striking Canada Post workers are angered by the company’s new contract offer because it is worse than the previous one and calls for job reductions as part of a major downsizing plan.
While Israel and Hamas meet to discuss a U.S. proposal for ending the war in Gaza, it’s uncertain whether a peace deal will return major shipping lines to the Red Sea and Suez Canal.
FedEx is responding to a downturn in express parcel and freight demand out of China to the United States by shifting some air assets to Asia.
The Port of Los Angeles wants to build an all-new container terminal to accommodate the biggest container ships on the planet.
Cincinnati airport marked the opening of its first warehouse at the CVG Global Logistics Park, which is still under development.
August container traffic was 9% higher year-on-year in August at Georgia’s Port of Savannah.
Container rates on the trans-Pacific reached two-year lows as weak demand is expected to continue through the end of the year.
Parcel industry executives agree that Canada Post can’t afford union demands for greater benefits and that it needs to radically change its business model or risk losing e-commerce customers.
China sets new port fees, could bar U.S. ships in retaliation for charges on Chinese shipping set to take effect in October.