Shipping giant Maersk could rake in $50 billion over just two years
COVID container boom continues: Maersk may earn even more this year than in record-trouncing 2021.
COVID container boom continues: Maersk may earn even more this year than in record-trouncing 2021.
The Port of Savannah has seen monthly port records for the past 18 months.
A.P. Moller – Maersk announced the $1.8 billion acquisition of U.S. forwarder Pilot Freight Services. The deal is the company’s latest move in building out a land-based logistics network.
January marks the 11th consecutive month of year-over-year container records, according to SC Ports.
The number of ships waiting off Los Angeles/Long Beach fell 23% over the past week.
Value Maritime has developed a system to capture carbon onboard vessels, fill up CO2 batteries and use the captured carbon dioxide in greenhouses.
Traxens CEO David Marchand says that “known port congestion is only the tip of the iceberg.”
The FMC is considering minimum billing standards for late fees charged by ocean carriers for picking up and returning containers.
The cost of ship fuel looks like it’s about to topple records set in 2012 and 2008.
Bipartisan legislation introduced in the U.S. Senate would give maritime regulators power to shift the carrier-shipper balance.
In this exclusive interview with American Shipper, the port envoy to the White House Supply Chain Disruptions Task Force discusses the state of the ports, the challengers at hand and the outlook for the future.
Accusations fly as shipping lines rake in billions, but the numbers imply more carrier competition, not less.
“Right now it seems like everyone is flying blind, then playing hot potato by giving it to the next party,” Kempisty said.
Barring an economic downturn, U.S. demand could still be squeezing ports a year from now.
Despite the victory of saving Christmas, the congestion problems at the nation’s largest ports have not improved.
A new export container subsidy at the Port of Oakland received a tepid response from lawmakers pushing for a major overhaul of shipping regulations.
Carrier profits are reaching previously unimaginable heights as supply chain disruptions supercharge gains.
E-commerce is becoming an increasing area of focus for some ocean carriers.
The investments rely on expectations that customers will want easy or green access to railroads’ intermodal offerings.
Legislation affecting the world’s largest gantry crane manufacturer brings supply chain risks along with it, according to a port security expert.