Container lines are still holding firm on trans-Pac rates
No collapse yet for ocean container spot rates. In fact, they’re up.
No collapse yet for ocean container spot rates. In fact, they’re up.
Canceled sailings surge, schedule reliability sinks and import demand evaporates.
More booking cancellations equal more ocean-service cancellations equal more delivery uncertainty.
Social distancing will wreak havoc on trans-Pacific and Asia-Europe box volumes.
Coronavirus left containers scattered in the wrong ports. Liner companies are trying to get them back into position.
But an undercover survey finds that traditional forwarders face increased pressure from container lines and digital forwarders.
Shipyards are facing a scrubber stampede as container lines seek to sidestep paying for low-sulfur IMO 2020 bunkers beginning on Jan. 1.
Move to establish green bona fides comes as the liner operator is called out for its carbon output.
Soren Toft, the former chief operating officer at Maersk will become chief executive officer at Mediterranean Shipping Co.
With Soren Toft, Maersk COO just a week ago, poised to become MSC’s new CEO, FreightWaves examines which carrier rules the waves.
Europol believe Italy’s ‘Ndrangheta mafia is behind the use of Gioia Tauro as a cocaine hub for western Europe.
The shipping grapevine is abuzz with rumors that the man who was Maersk’s COO until Monday (Nov. 11) could soon be leading MSC.
Advent Intermodal is seeking to increase transparency along the Panama “land bridge” between the coasts.
World’s second largest container fleet continues push with ultra-large container ships.
Freeport Harbor in the Bahamas is open following Hurricane Dorian, but initially is expected to handle self-geared ships.
ZIM, which has entered into space-sharing agreements with Maersk and MSC, says it plans to “double down” on efforts to grow with its partners.
A federal prosecutor filed to seize a container ship at the center of one of the largest U.S. cocaine busts in history, a first step to a possible forfeiture of the vessel. William McSwain, United States Attorney for the Eastern District of Pennsylvania, said agents from U.S. Customs and Border Protection executed the seizure warrant […]
Could the record seizure of cocaine aboard the MSC Gayane be a sign of things to come?
Following a second large drug bust aboard its box-ships this year, international ocean container shipping line Mediterranean Shipping Company has had its Customs Trade Partnership Against Terrorism (C-TPAT) certificate suspended by the U.S. Customs and Border Protection agency. The agency acted after two of MSC’s ships this year were found to have large volumes of […]
The Port of Philadelphia is the scene of a major cocaine bust, the second one involving a container ship operated by Mediterranean Shipping Company. U.S. Customs and Border Protection and Immigration and Customs Enforcement investigators said an inspection of shipping containers aboard the MSC Gayane “resulted in a substantial cocaine seizure in Philadelphia.” The ship, […]