In the second quarter, new highs were set for Cosco profits, OOCL revenue per container, and Evergreen operating revenues.
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
The number of import containers sitting at LA/LB terminals for nine days or more has more than doubled since February.
A shipping researcher dubbed July 1 “Bloody Friday” due to a large drop in stock prices for several shipping companies.
Lawmakers and shippers urge quick wrap-up of new dockworker labor pact on the eve of the contract deadline.
Spot freight rates are easing, but in a sign of resilience, container-ship charter rates remain near all-time highs.
Container and breakbulk volumes rise as Gulf Coast ports record strong shipping volumes in May.
A flood of newly built container ships will be delivered by shipyards in 2023-25. Can liners maintain pricing power?
Import volumes have not realized the dip in shipping orders yet. What does this mean?
Port Houston awarded $429 million to Weeks Marine and Curtin Maritime Corp. to dredge the Houston ship channel.
Retail sales are still up double digits compared to pre-COVID. Inventory-to-sales ratios have yet to fully recover.
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
Tender rejections out of Ontario are at their lowest point since 2020, and import volume from Japan has increased 90% in the last year.
America’s peak cargo importing season will start early this year, by the end of this month, says the Port of Los Angeles boss.
Bulk commodity shipping stocks held up well before this month. Now they’re falling alongside container shipping stocks.
Inventory growth has forced companies to change their ordering strategy to a more flexible model.
May was one of the busiest months in history for the container ports of Long Beach and Charleston.
CMA CGM, the world’s third largest liner company, froze spot rates in September-January, yet its revenue per container kept rising.
It took longer than expected, but the IMO 2020 investment pitch — save on ship fuel by installing scrubbers — is paying off big time.
An expert reveals what’s wrong with ocean shipping giants. Consumers are footing the bill for their massive profits.
