HMM makes billion-dollar turnaround from loss to record profit
Korean container carrier HMM expects equipment and capacity shortages to continue at least through the end of the first quarter.
Korean container carrier HMM expects equipment and capacity shortages to continue at least through the end of the first quarter.
Day Two of FreightWaves’ Global Supply Chain Week virtual conference includes experts from DHL, SVT Robotics, Geodis and JLL Inc.
Thanks to the congestion in Los Angeles, container rates and volumes in Savannah are both hitting highs. When will volumes stabilize?
The Port of Long Beach may need to start filling out its record book in pencil as new numbers keep replacing those on top.
“ZEBOX will assist innovative startups in developing new technologies in transportation, logistics, mobilities and industry 4.0,” says CMA CGM CEO Rodolphe Saadé.
Long grind ahead for crude tankers: Executives and analysts don’t see recovery until second half — if not later.
The discharging of damaged containers continues nearly two months after the storm-battered ONE Apus arrived in Japan.
Port of Long Beach Executive Director Mario Cordero delivers a melodious annual report.
California calls on feds to protect exporters. Shipping groups claim California export cure will worsen congestion — including for importers.
“It’s been really easy to get the band back together,” says CEO Jason Provonsha.
A maritime coalition wants Congress to fund a new maritime relief program as part of the next COVID-19 relief bill.
Ocean Network Express takes giant profitability leap — from $5 million to $944 million year-over-year.
Call Cainiao the Amazon Logistics of China. When most of China normally takes a break for the Lunar New Year, Cainiao will still be delivering packages to Hong Kong this year.
Container lines score huge negotiating advantage as spot-rate surge set to persist through annual contract season.
“Demand in the intermodal and trucking sectors is at an all-time high, which makes this an ideal time to optimize FYX’s many assets and take it to the next level,” says new CEO Kenneth Forster.
Less well known is that the federal face masks rule for traveling on a commercial conveyance within or in and out of the U.S. also applies to anyone doing work on airport or seaport property.
1999: To avoid the costs and delays of processing stowaways at destination ports, some ships’ crews have been known to shove stowaways overboard and set them adrift at sea.
Though maritime shipments of LNG are routine today, it was only 62 years ago that the first shipment of LNG occurred.
FreightWaves’ Global Supply Chain Week will feature media expert Gary Vaynerchuk, Tyson Foods’ John Tyson, and Johnson & Johnson’s Kathy Wengel among dozens of speakers scheduled to appear at the free virtual event, scheduled for Feb. 22 through March 3.
ZIM just completed the first U.S. shipping IPO in over five years. Here’s a look back at shipping’s wild multidecade ride on Wall Street.