Maritime

Spot pricing has surged even higher, propelled by carrier rate hikes and China congestion fallout.

U.S. food trade group tells maritime regulators that carrier profits do not justify added fees.

The report says that North America will be less appealing than Asia in the eyes of business, at least through mid-decade.

“We know larger ships carrying increased volumes are coming. We want to be out in front of that curve.”

Port Tampa Bay will become one of three Gulf Coast ports accepting containerized cargo from fruit importer Dole.

The headline number for May retail sales was a sequential decline. What may have been lost in the report is that consumers are continuing to spend at a record-setting pace, which bodes well for freight flows.

There’s fintech and FreightTech. PayCargo plays in both spheres and is well supported by investors.

The Federal Maritime Commission is open to considering a mandate on container carriers to book U.S. exports.

May was the busiest month in the 114-year history of America’s busiest port.

Former chief mate of MSC Gayane gets seven years behind bars for lead role in massive 2019 smuggling operation.

South Carolina Ports is touting two new export facilities projects that will have access to the Port of Charleston: a production facility and distribution center for winemaker Gallo and an agricultural transload facility run by Northwest Grains.

South Korean shipping line HMM says it was victim of a cyberattack that caused outages to its e-mail systems.

Decision to secure dedicated vessel highlights unprecedented strength of container shipping and risks faced by importers.

Container spot rates spiked again, with new records set. For importers, the worst is yet to come.

The “unprecedented” influx of imports continues on the West and East coasts.

Rising fuel costs are yet another woe for containerized cargo shippers, while widening spreads should benefit ships with scrubbers.

“With our sustained focus on supply chain digitization, infrastructure investments and strong business relationships, we have the opportunity to build on this historic milestone,” says Executive Director Gene Seroka.

The barge and tugboat operator said if no buyers come forward, it could begin employee layoffs by July 15.

Consolidation in the liner sector is already extreme. Newbuild orders will further concentrate market power in fewer hands.

An intermodal container terminal in Alabama targeted for “earmark” funding would extend the reach of the Port of Mobile.