Good times still rollin’ for shipping lines in trans-Atlantic trade
Container shipping rates from Europe to the U.S. are finally falling, but they’re still exceptionally high.
Container shipping rates from Europe to the U.S. are finally falling, but they’re still exceptionally high.
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Speculation is swirling on how the end of a global container shipping alliance will affect ocean carriers and cargo shippers.
Shipping services around the globe will be reconfigured after the top two carriers end their vessel-sharing agreement.
How big are the world’s largest ocean container ships?
“We are proud to be part of this first-in-history interoperability launch between eBOL platforms,” said CargoX founder and CEO Stefan Kukman.
Steel, crude oil and refrigerated shipments rose as ports in Texas, Louisiana and Alabama recorded increased freight volumes in 2022.
Are falling commodity shipping spot rates the result of normal seasonality or a symptom of global economic malaise?
American imports remain a tale of two coasts, with continued strength in container volumes headed to Atlantic ports.
“Terminal49’s automation has saved us thousands of dollars a year, but more importantly it’s helped improve customer trust,” said Trade XCelerators’ Spencer Strader.
RoadOne IntermodaLogistics has acquired The Transporter Inc., an intermodal service provider with facilities in Houston, Dallas and Laredo, Texas.
The biggest container ships sailing on the oceans can carry more than 24,000 TEUs and are as tall as the Empire State Building.
Imports continue to decline and are close to where they were before COVID-19, but the coastal mix is very different.
Remaining queues of waiting ships are dwindling, another sign that supply chain pressure is winding down.
The top 10 liner operators hiked aggregate capacity by 13% in 2000-22 and continue to control 85% of the global fleet.
Just as the pandemic wound down, another market-altering event for shipping — the Ukraine-Russia war — ramped up.
Container shipping lines are gradually getting their services back on schedule, but they still have a long way to go.
Trans-Pacific spot rates fell first. Trans-Atlantic spot rates and Asia-U.S. contract rates look like they’re next in line.
2000: World container port throughput increased 7.8% last year to about 201 million TEUs — the first time volume exceeded 200 million TEUs.
Backers of a shipping regulation that begins Jan. 1 believe it will reduce carbon emissions. Critics warn it could backfire and increase them.