Maersk says it’s digging out from the record blizzard that shut down handling at its Port Newark-Elizabeth container terminal.
Xeneta: Iran tensions could delay Red Sea return While ocean carriers wrangle with too many ships and too little cargo, continuing weak rates on the Asia-U.S. trade route are starting to show up on other benchmark shipping lanes. “Average spot rates are down this week across all main fronthaul trades out of the Far East,” […]
Container terminals and supporting facilities were closed Monday as the Northeast U.S. was pounded by the biggest winter storm in a decade.
President Donald Trump unveiled a new 10% global tariff after the Supreme Court ruled many of his prior tariffs were unconstitutional.
Trump could leverage fees on container imports to raise revenue after the Supreme Court declared his emergency tariffs illegal.
Supreme Court rules President Donald Trump exceeded his authority under emergency law to impose tariffs on more than 90 U.S. trading partners.
The world’s fifth-largest ocean shipping line is testing real-time container visibility on 2 million containers.
Container rates continued to fall on Asia-U.S. trade lanes as shippers wait out the Lunar New Year holiday.
Logistec has agreed to acquire IPA Terminal in Altamira, Mexico, expanding its network into Latin America.
Norfolk Southern and CMA CGM are offering a new door-to-door intermodal service incorporating rail’s reach with truckload simplicity.
Unsettled trade policy and cautious importers were reflected in falling January container volumes at the Port of Los Angeles.
Medlog has opened Medlog 1, a major integrated logistics park in Saudi Arabia, strengthening the country’s position as a global logistics hub.
Zim, Israel’s flag ocean carrier, confirmed it will be acquired by Hapag-Lloyd of Germany for $4.2 billion.
Hapag-Lloyd said it is in advanced negotiations to acquire the Israeli flag carrier.
A fee on foreign-built vessels is the linchpin to help fund President Trump’s plan to revive U.S. shipbuilding.
The head of DP World resigned Friday after his links to convicted child sex offender Jeffrey Epstein were revealed by a U.S. Congressman.
A closely-watched container price index fell for the fifth consecutive week as lower freight on benchmark ocean routes pressured global rates.
A major Canadian pension fund has halted investment with DP World after the Dubai company’s CEO emerged as an associate of deceased American sex trafficker Jeffrey Epstein.
A Hong Kong port terminal operator has threatened legal action after its Panama port contracts were cancelled.
Mitsui O.S.K. Lines said a new executive team will succeed Takeshi Hashimoto as leadership of the Japan-based container carrier.
