maritime freight

In light of Gordon Lightfoot’s passing, FreightWaves Classics looks at the Edmund Fitzgerald tragedy, as well as whether Lightfoot’s song about the incident is historically accurate

Container, crude oil and petroleum shipments rose as ports in Houston and Corpus Christi recorded strong freight volumes in June.

Vizion CTO and founder Tyler Hughes breaks down the importance of ocean freight visibility with Revolution Managing Partner David Hall.

FreightWaves Founder and CEO Craig Fuller analyzes the impact of the latest Chinese lockdowns on the supply chains between China and the U.S.

FIVE DAYS. WORLDWIDE IMPACT.

The biggest, baddest space observatory ever built is ready to ride into space on Dec. 25. How did NASA safely deliver it to the launch site in South America?

The global supply chain visibility platform is seeking to take some pressure off carriers at the ports with more precise ETAs.

Craig Fuller explains why supply chains are so messed up!

A new supply chain task force emerges from the Biden administration’s 100-day review.

2002: The Port of Oakland gears up intermodal capabilities to catch up with in-state rivals Los Angeles and Long Beach.

Containers have been in short supply, exacerbated by gross trade imbalances between the U.S. and China. The surging flow of empties moving back to the West Coast implies the ships won’t be slowing anytime soon.

A total of 19 crew members were on board the Seacor Power when it overturned during rough weather 8 miles off of Port Fourchon, Louisiana.

The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.

The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.

The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.

The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.

A coalition of Port of Oakland tenants continues to fight after losing its latest legal battle to slow the process of building a new baseball park at Howard Terminal.

On Wednesday, the U.S. International Trade Commission ruled against SK Innovation Co. Ltd. for stealing battery trade secrets from LG Chem. What implications does this have for OEMs that rely on SK?

The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.

SONAR is the leading freight forecasting platform. Two recently added SONAR indices are proving very useful to SONAR subscribers. Learn more.

The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.

The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.

Disruptions in one corner of the world can impact operations at home. With the turbulence of 2020 hopefully behind us, Global Supply Chain Week will examine where the dust has settled and share lessons on reacting to the enormous disruptions of the previous year.

The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.

Why capacity crunches don’t mean guaranteed cash for transportation providers Headlines Maritime bottlenecks continue, with shipping delays being seen at the Panama Canal as demand for container ships, liquified natural gas and liquefied petroleum gas surges.  Shippers are seeing issues on land as well, with drivers reporting significant shortages of places to park their trucks.  […]

The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.

What peak buying season means for maritime freight and how an Asian trade deal affects shipping costs “Sponsored by Amazon Freight.” freight.amazon.com Amazon Freight | We treat your freight like our own We make shipping your freight easy. Reliable capacity and commitment, great rates, instant quotes, 24/7 service. Sign up and book now. While tender […]

The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.

1966: Seventy thousand American gallons of frozen concentrated orange juice were imported into the United Kingdom from Florida in 1965. This quantity represents nearly two million cans, retailing at about 32 cents for 6 fluid ounces, appreciably higher in fact than the American price.

The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.

The first of a two-part regime imposing new pollution control standards on ships has been released for public comment.

The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.

The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.

Transportation costs are hitting record levels as companies struggle to grab capacity amidst an unusually early peak season.

FreightWaves CEO and Director of Freight

The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.

Lori Ann LaRocco illustrates the disruption to global trade by profiling what has happened at the Port of Miami since the coronavirus pandemic began.

Read the full story, here.

CNBC’s Lori Ann LaRocco writes about the impact of COVID-19 on U.S.-China trade, particularly in regard to the trade war between the two nations.

The Chinese government is using the reason “Acts of God” to void many contracts due to coronavirus. Darren Prokop explores whether that is hurting current trade and will impact trade in the future.

FreightWaves SONAR can help those in the freight industry stay current with what is happening in transportation and logistics during the coronavirus pandemic.

Coronavirus has strained supply chains and had a huge impact on the movement of freight.

Coronavirus is having an impact on many industries. One of those impacted is the global seafood industry.

The companies that control the bulk of ocean cargo opearte under different rules than most companies. Read Darren Prokop’s explanation of why that is…

CNBC’s Lori Ann LaRocco writes about the ramping up of manufacturing in China, and the subsequent ramping up of cargo headed to the U.S. via ships.

Container shipping rates from China to the U.S. west coast and international intermodal volume out of the L.A. port complex are both at or below last year’s seasonally-weak Chinese New Year Period. Extended factory shutdowns to prevent the spread of the coronavirus may inhibit a March or April rebound.

Guest columnist Sri Laxmana writes about the impacts of IMO 2020.

Lori Ann LaRocco writes about the impact of coronavirus on maritime trade between China and the U.S.

Ben Thrower writes about the increased use of cargo ships to smuggle drugs.

Darren Prokop writes about the implementation of IMO 2020 and how its costs will be absorbed and/or passed along…

FreightWaves’ maritime Market Expert Henry Byers provides insight regarding the Phase One trade deal between the United States and China.

Few freight forwarders currently offer shipper-owned containers due to the lack of market transparency in their sourcing.

Phase One of the U.S.-China trade deal is scheduled to take effect Wednesday. Read CNBC’s Lori Ann LaRocco’s take on how that trade has changed since the tariff war began — and how it may never be quite the same.

We are regularly enhancing and improving SONAR to meet the needs of the ever-changing freight market and the needs of our customers. To help keep SONAR users informed, we deliver a brief recap of newly released data sets, market indices, and product feature improvements in our This Week in SONAR series. More than a year […]

ItsMyCargo is a German technology startup that is looking to sell software to traditional maritime freight forwarders who can use technology to compete against recently launched digital freight forwarders.

In a thinly veiled swipe at President Trump’s trade policy, the U.N. says protectionism will result in weaker maritime demand over the next five years.

For decades, the European freight rail system has had no major upgrades with regard to axle load capacity, train length or car vertical height.

Learn about the six most common reasons cargo gets delayed during the customs process.

U.S. Customs and Border Protection marks the 230th anniversary of the first customs processing of a ship in the new United States.

The Port Report focuses on another vessel being seized in the Strait of Hormuz.

Goods like clothes and toys are on the proposed tariff list.

Automotive carrier Kawasaki Kisen Kaisha (K-Line) has been convicted of being in a criminal cartel and has been fined nearly US$23.4 million in Australia.

Japans K-Line shipping company reported its fiscal first quarter earnings.

Japanese shipping company NYK;s fiscal first quarter earnings are covered in this article.

An overview of Japanese shipping company MOLs fiscal first quarter earnings is covered in this article.

Jim Wilson reports on Hong Kong-listed dry bulk ocean shipping company Pacific Basin’s earnings.

OOCL reported its second quarter 2019 earnings while also announcing that it was canceling several Asia-Europe sailings for a three-month period.

Chris Connor, the new president and CEO of the American Association of Port Authorities, is enthusiastic about advocating for the varied needs of its members.

In this commentary by Ekim Saribardak, he writes about new track and trace technologies that can revolutionize the shipment of ocean freight.

In the wake of Hurricane Barry, Brian Aoaeh writes about the disruption to supply chains that hurricanes and flooding can do. In particular, the state of Louisiana and its ports are critical to the U.S. agriculture and energy industries.

Ben Thrower recently visited the Panama Canal. He writes about the canal’s expansion and what that means to global trade and the maritime industry.

The U.S. fireworks supply comes primarily from China, and one company controls most of that trade. Read Market Expert Henry Byers’ fascinating article about fireworks!

The maritime industry can be well-served with an unmanned vessel that can produce its own energy from the waves and through solar battery panels fixed on its roof.

Market expert writes about the latest tensions in the Mideast and how that might impact air and sea cargo, as well as supply chains.

Nicholas Press, Founder and President of CEC Systems, explores the maritime industry’s problem with empty containers and explores potential solutions to deal with them.

Rail market expert Jim Blaze discusses how FreightWaves SONAR can help determine how best to ship freight.

Market expert Brian Aoaeh’s article focuses on the current and upcoming maritime industry issues – IMO 2020, global warming, rising sea levels, etc. Read Brian’s take on how the maritime industry is meeting these challenges.

The U.S. is proposing $11 billion in tariffs on European Union goods because of allegations that Airbus received that amount of subsidies when it launched the Airbus 380, thereby harming U.S. interests. Read Jesse Cohen’s explanation of the articles proposed for tariffs and what the tariffs might do to the air cargo and maritime industries.

When freight rates are terrible, even a slight improvement seems like an uptick. But a terrible market is still a terrible market. Capesize rates have marginally, slightly, improved… but they’re still dreadful. And the rest of the dry bulk shipping markets  are doing their best to impersonate a submarine… they’re all steadily sinking. Ship scrapping that removes some excess tonnage may help rate recovery.

Spanish logistics provider ChainGO Tech has joined the Blockchain in Transport Alliance. Read why the company joined the Alliance and what it hopes to achieve with its membership.

China is the number one country for emerging logistics opportunities in 2019, according to the latest annual Agility Logistics Index, which surveys over 500 logistics professionals. The country also takes the top spot both for domestic and international emerging markets logistics opportunities. India was in second place. Countries in the Middle East and South East Asia showed strongly too.

International terminal mega-operator, DP World, has announced a solid set of results for 2018. Revenues, earnings before interest taxation depreciation and amortization (EBITDA), and net profit all substantially increased last year compared to 2017. Acquisitions and increased box volumes drove revenues and profits. DP World has announced investment plans for 2019.

V.Group has acquired Global Marine Travel (GMT) from Inchcape Shipping Services according to a V.Group press release. The acquisition will increase the scale of V.Group’s operations to offer global 24/7 travel services.

Shippabo has created its own version of a fixed-rate contract, which helps small and mid-sized shippers gain access to direct-to-carrier contracts, allowing them to cut their shipping costs and secure reliable capacity.

In its 2018 annual report, released today (February 7), DSV (NASDAQ OMX: DSV) announced  that revenues grew 5.5 percent, from 74.901 billion Danish Krones (DKK), or $11.39 billion, in 2017 to DKK 79.053 billion ($12.022 billion) in 2018.