Commodity shipping has a well-deserved reputation for extreme volatility. The rise and expected fall in dry bulk is a case in point.
Attacks on commercial vessels in the Red Sea by Houthis militants could impact global trade.
U.S. diesel exports to South America’s west coast are heavily exposed to Panama Canal delays. Tanker rates have skyrocketed.
As the Panama Canal scales back on reservation slots, more ships without reservations wait longer to get through.
Union Pacific is seeking to beef up its intermodal offerings via a terminal in Phoenix and the addition of destinations for its on-dock rail service at Port Houston.
MSC, the world’s largest shipping line, faces the largest-ever shipper claim for alleged damages suffered during the supply chain crisis.
There has been a surge of attacks and threats targeting Israel-linked ships, including one incident where the U.S. Navy came to the rescue.
The Biden administration has announced a huge plan to tackle issues plaguing the U.S. supply chain that covers several cross-government partnerships.
This week in Borderlands: Eternity Group Mexico unveils a tool for shippers to monitor their carbon footprints; Finkargo closes a $20 million Series A funding round; cargo-partner launches a cross-border shipping solution; and SKU Distribution receives foreign trade zone status for its Arizona warehouse.
Time is running out for container lines as contract rate renewal season nears and spot rates fail to recover.
Mother Nature isn’t delivering significantly more water to the Mississippi but barge rates haven’t moved up.
Panama Canal restrictions force more ships to transit the Bab el-Mandeb Strait off Yemen, where they face a hijacking risk.
Belgium-based logistics provider Katoen Natie is expanding warehousing and rail facilities at its Norfolk, Virginia, operations, to support the export market for plastic resins.
Freight flows declined in Houston and Corpus Christi, Texas, in October, while container volumes rose at the Port of New Orleans.
Terminal operator ICTSI has not given up its quest for tens of millions in damages from the West Coast longshore union.
Despite a 22% volume decline year over year, the Port of Savannah had its fourth-busiest October, according to the Georgia Ports Authority.
The era of rapid Chinese growth and large-scale government intervention is over, says China Beige Book CEO Leland Miller.
Zim’s headline loss looks ugly, but most of the decline was non-cash and it still has ample reserves to weather the downcycle.
Project freight forwarder deugro has opened a container terminal in Baytown, Texas, along the Houston Ship Channel.
A fleet of container vessels is up for sale as a company backed by Greece’s Evangelos Marinakis switches its bets to LNG shipping.
