GPA will shift breakbulk cargo carried by Wallenius Wilhelmsen Ocean to the Port of Brunswick so that it can “optimize cargo movement” at both the ports at Brunswick and Savannah.
Spot shipping rates continue their historic slide, putting even more pressure on container lines’ contract business.
Three laid-up Mission tankers were enlisted to help get a man on the moon.
GPA is working hard to meet growing demand. To achieve this goal, it has focused on infrastructure improvement and expansion.
Even if no oil moves under price caps, Russian exports could face deep discounts and continue to flow via “shadow tankers.”
The blockchain-enabled global platform TradeLens will go offline by the end of the first quarter of 2023.
Hopes that China will relax its zero-COVID policy are fading, raising concerns about shipping volume fallout.
Shippers and carriers are increasing the pressure on ports and other supply chain participants to roll out “green corridors” using digital technology.
Gulf Coast ports got a boost in October from imports of steel, plywood and bagged goods, as well as exports of crude oil.
Southern California’s container-ship logjam ends as congestion eases at East and Gulf Coast ports.
New bookings data suggests volume softness is here to stay.
Expeditors’ stock is too high priced, Wells Fargo says, as it cuts its rating to a level tantamount to “sell.”
Ocean carriers have been shielded by lucrative annual contracts with cargo shippers, but contract coverage is starting to crumble.
Stratospheric LNG shipping rates offer a lesson on the do’s and don’ts of measuring earnings momentum.
Global energy trades face even more tumult ahead. “This could get crazy,” says Scorpio Tankers’ Robert Bugbee.
Canadian government official introduces new legislation that represents the culmination of multiyear efforts to address port funding and railway safety needs.
FreightWaves Classics examines storied ocean carrier U.S. Lines, which was persistent in its desire to operate a successful cargo ship named the American Shipper.
Ed Aldridge is retiring from CMA CGM America, and Uffe Ostergaard is leaving Hapag-Lloyd.
Earnings for Zim, the world’s 10th largest ocean carrier, peaked in the first quarter and continue to slide as rates fall.
The CEOs of Canadian Pacific and Kansas City Southern on Tuesday talked up the benefits of their railroad consolidation at the RailTrends conference in New York.
