Amazon has opened its logistics network to outside businesses, a move analysts believe could increase intermodal volume while disrupting major industry players.
A Maersk vessel under U.S. military contract made a safe exit from the Strait of Hormuz Monday, escorted by American warships.
Ocean freight rates remain high despite low seasonal demand due to increased fuel costs amid ongoing Strait of Hormuz closure.
The Port of Virginia is in the midst of a massive buildout as it leverages its operating status and structural advantages to cement a ranking among the top American container ports.
Port Houston’s March throughput climbed on grains and energy cargo, even as steel imports declined.
The Iran war is making it more expensive to ship a container from Asia to the U.S., thousands of miles from the conflict.
America wants to make its maritime sector globally competitive again. But significant obstacles hinder development and expansion, says the chief U.S. ocean shipping regulator.
Persian Gulf vessel traffic still at a trickle as the U.S. presses a blockade of the Strait of Hormuz.
Global reach, transformational change and customer service: Chair Laura DiBella says this isn’t the Federal Maritime Commission you thought you knew.
The Federal Maritime Commission has again rejected a request by Maersk to waive the 30-day waiting period to implement emergency fuel surcharges.
It could take six months from the time hostilities cease for insurers to clear Strait of Hormuz shipping for normal operations.
A weaker March turned out to be a pre-season tuneup as the port of Los Angeles still managed to play up to the back of its baseball card.
Taxpayers won’t be funding automated container handling at two major West Coast ports.
Hong Kong-based Orient Overseas Container Line saw Q1 profits decline on weaker rates despite higher container volumes.
A bullish Evergreen Marine has finalized an order for 11 ultra-large container ships worth $3 billion with two Asia builders.
CMA CGM and the Ocean Alliance have added a direct container service from China and Asia markets to the Port of Jacksonville.
A growing disconnect between demand and pricing is emerging across freight markets, Flexport says.
The U.S. Army Corps of Engineers has allocated a record $131.8 million to the San Pedro Bay port complex, including $70 million for the Port of Los Angeles, to fund harbor maintenance, safety, and other projects.
Ocean container operations are stable across a global market outside the Middle East amid sharply higher fuel costs and uncertain availability.
A plan to charge ships a toll to cross the Strait of Hormuz could further increase fuel prices; container ships trapped in the Persian Gulf have yet to move after the U.S.-Iran ceasefire.
