US container imports robust in February; inbound volume forecast dicier
Descartes’ monthly report shows strong February container imports, but March and April volumes appear less certain.
Descartes’ monthly report shows strong February container imports, but March and April volumes appear less certain.
The initial shock factor is waning and ocean spot rates are losing momentum across the globe.
Ports across Mexico moved 728,116 twenty-foot equivalent units during January, a 20% year-over-year increase.
Ports in Houston and New Orleans recorded year-over-year increases in cargo volumes during January, while Corpus Christi, Texas, saw a slight decline.
Spot rates are back above breakeven and Zim’s costs are falling.
Multiple looming factors in maritime could impact the upcoming contract season, boosting capacity at the ports of Los Angeles and Long Beach.
Dockworkers are fully prepared to swap pallet jacks for picket signs come October.
Documentation and fintech platform ODeX conducted a survey assessing the maritime industry’s views on digital documentation in ocean shipping.
Regulators have imposed new billing standards on ocean carriers that shippers consider a “major step” toward eliminating abuse.
Georgia Ports Authority said it handled 428,000 containers and 65,400 roll-on, roll-off units in January.
Angela Chao, CEO of global shipping firm Foremost Group and Mitch McConnell’s sister-in-law, died in a car accident.
Despite concerns about the impact of international tensions on global trade, shipyards are flooded with orders.
A rise in Chinese imports indicates seasonal trends are playing out as usual, very much unlike 2023’s anemic performance.
If the Fed is deterred from cutting interest rates, freight demand could tumble just as carriers start regaining pricing power.
A recent round of U.S. and British strikes raise fresh questions about the impact of container shipping in the Red Sea.
Seacor Holdings continues to pare down its shipping sector assets, most recently selling off its Caribbean container business.
Hub Group reported year-over-year decreases in its intermodal, logistics and truck brokerage segments during the fourth quarter.
Houthi attacks and Red Sea diversions will not spur inflation or a new supply chain crisis, claims consultancy Drewry.
Supply chain visibility provider Vizion is partnering with D&B to launch its new solution, TradeView.
The Russia-Ukraine war led to enduring changes in shipping routes. War in the Middle East looks likely to do the same.