Wall Street’s incredible shrinking shipping stocks
The total market capitalization of U.S.-listed ocean shipping stocks has plunged 34% in 2020, but there are reasons for hope in 2021.
The total market capitalization of U.S.-listed ocean shipping stocks has plunged 34% in 2020, but there are reasons for hope in 2021.
The feel-good story appears above Cardi B’s party apology.
The $229 million deal comes as CAI International seeks to focus on its containing leasing business.
Transportation PACs offer a way for trade associations — and the smaller companies they represent — to have a political voice, proponents say.
Hapag-Lloyd and ONE chief executives will lead the “unified voice of liner shipping.”
Worries mount for crude tankers: dividend cuts, the pandemic, a stubborn floating-storage hangover … and now newbuild chatter.
Canada-based maritime terminal operator QSL becomes full owner of Transport Watson & Sycamore, a heavy-haul trucking company based in Quebec.
Bulk soybean and corn exports are way up, but containerized ag exports are waylaid by equipment shortfalls and Chinese inspections.
“While COVID-19 has fundamentally shifted how many American families will celebrate Thanksgiving this year, we are very proud to be providing a bit of home.”
Ozzy Martinez had been transferring to a dredging vessel when he fell overboard near Blount Island in Jacksonville.
IMO 2020 and new amendments have the potential to further lower emissions for maritime freight. Carriers are using low-emission fuels, scrubbers and shore-to-ship power.
Mirroring bullish comments by Maersk and Hapag-Lloyd, container line CMA CGM reports a strengthening market in the fourth quarter.
CP’s partnership with Maersk is starting early, with the first vessel coming into Vancouver in December versus March 2021.
The railroad has opened a new intermodal terminal in Minneapolis, and service to and from Los Angeles will begin in January.
U.S. shipbuilding also hit as demand dropped amid excess vessel capacity.
Weston LaBar is the CEO of the Harbor Trucking Association. That’s the trade group that represents the drayage community in the ports of Long Beach and Los Angeles. On this week’s edition of Drilling Deep, LaBar joins host John Kingston to discuss the group’s recent call for the Federal Maritime Administration to step in and […]
The facility aims to provide plastics producers with an alternative to the Gulf Coast.
Quick action comes on heels of a call for action by key trade group; Commissioner Maffei says it may not be enough
“Obviously everything with COVID is a learning curve,” says Tom Hughes.
As COVID hospitalizations surge and business restrictions mount, could U.S. importers be overshooting the mark?