While global demand grew, U.S. container traffic fell in November
Global container demand grew 7.2% y/y in November, except in North America, where it fell 3.9%.
Global container demand grew 7.2% y/y in November, except in North America, where it fell 3.9%.
The Port of Portland has re-opened Terminal 6 under private management in a move to give new life to the troubled facility.
Container rates on the eastbound trans-Pacific are climbing, but several factors are likely to weigh on a rebound.
The Port of Oakland saw agricultural and refrigerated exports post November gains while overall volumes were seasonally weaker.
The Trump administration delayed planned tariff hikes on furniture, while sharply reducing proposed 90% duties on Italian pasta.
The Maduro regime left Venezeula’s busiest port “in shambles,” as an international port services consortium seeks to reclaim its concession there.
Rising trans-Pacific ocean freight rates are expected to climb further as demand picks up in anticipation of the Lunar New Year holiday.
Maersk has promoted its Asia Pacific chief and former Schenker executive to lead its North America business.
That shift from passive tracking to active intelligence is what separates Portcast from the crowded field of logistics visibility tools.
Israel-based Zim said it is evaluating multiple acquisition proposals reported to include Maersk, MSC and Hapag-Lloyd but has ruled out a buyout by its CEO.
The Asia-U.S. container market continued its Q4 volatility, with climbing West Coast rates offset by a dip in East Coast prices.
There has been no confirmation regarding online images that appear to show a Chinese cargo ship equipped with missile launchers, radar and other military hardware.
Port Houston’s cargo volumes declined in November amid seasonal and market headwinds.
The Philadelphia Regional Port Authority announced the retirement of CEO Jeff Theobald, the fourth such leadership change at a North American port this year.
The U.S. ocean container market is a tale of two coasts as carriers manage divergent conditions, notes analyst Xeneta.
A Maersk vessel made a successful transit of the Red Sea, but the carrier said it is not ready to commit to a full return to the Suez Canal trade route.
Despite trade uncertainty, Port of Los Angeles volume nears 10 million TEUs in 2025, among the top three years in its history.
The top U.S. East Coast port adds more than three decades to lease with its busiest container terminal operator as it eyes long-term growth.
Ocean Network Express will return to the Red Sea in a slot charter agreement with Regional Container Lines of China
China is pushing for state-owned ship operator Cosco to acquire a controlling stake in a $22.8 billion deal for global ports that include two Panama Canal hubs.