Texas port completes $625M ship channel-deepening project
The Port of Corpus Christi, Texas, announced the completion of its $625 million, six-year ship channel expansion.
The Port of Corpus Christi, Texas, announced the completion of its $625 million, six-year ship channel expansion.
Liner operator CMA CGM and launch customer Nike are partnering on an electric barge project in Vietnam.
A federal appeals court sided with the Trump administration in temporarily staying a ruling that blocked most of the president’s tariffs.
Carriers are pushing for big increases in the Asia-U.S. trade, but it remains to be seen how desperate shippers are to secure capacity, says a Xeneta analyst.
French container line CMA CGM is partnering with Saigon Newport Corp. on a $600 million container terminal project in northern Vietnam.
Maersk (OTC: AMKBY) and Hapag-Lloyd (OTC: HPGLY) announced new container services from East Asia to the U.S. Port of Long Beach. The additions by the Gemini Cooperation partners, which include the redeployment of at least one ship back into the eastbound trans-Pacific to U.S. West Coast trade, come as carriers scale up during a 90-day […]
Ports in Houston and Corpus Christi reported a rise in cargo volumes during April, while New Orleans posted a slight decrease.
A.P. Moller-Maersk, parent of the world’s second-largest shipping line, said that as of late May it has bought back almost $600 million worth of stock.
Ocean container rates are surging after the tariff ceasefire stoked demand from China to the United States.
House lawmakers advanced legislation to analyze how China builds, buys and owns ports around the world and to provide alternative options to potential investors.
Federal regulators are opening an informal investigation to determine whether less costly foreign-flag ship registries are undercutting U.S. foreign trade.
The Port of Savannah saw record container traffic for the month of April, the third straight record month for the Georgia gateway.
A worker strike at Mexico’s Port of Manzanillo could cost operators $150 million in lost revenue and taxes.
Zim Integrated Shipping Services Ltd. said better volumes and freight rates boosted profit in the first quarter.
Eastbound international container volume out of Southern California was down 5% from the prior week and 10% compared to the four-week rolling average, according to RailState.
Los Angeles’ port chief doesn’t foresee a “huge surge” of import traffic at the busiest U.S. container hub during the tariff pause.
The U.S. trade representative on Monday will hold a second hearing into proposed port fees on Chinese ships that could add substantial costs to moving cargo through American ports.
The Port of Long Beach, California, saw record container volume as the China-U.S. tariff fight spurred frontloading by importers.
The tariff pause saw Hapag-Lloyd bookings from China to the United States increase 50%.
It’s a whole new freight market from what it was just a month ago, according to the May State of Freight webinar.