Shipping’s extreme consolidation could prolong supply chain pain
A small number of non-U.S. entities determine vessel and container levels for U.S. ocean supply chains.
A small number of non-U.S. entities determine vessel and container levels for U.S. ocean supply chains.
Third-party logistics provider Radiant Logistics again posted record quarterly results on Tuesday. On a call with analysts and investors, company officials called out strength in virtually every segment Radiant serves.
Port congestion forced container ships to go faster. Congestion remains extreme, yet ships are slowing down.
Air cargo is typically unaffordable for most shippers. With ocean rates off the charts, air doesn’t look so bad. If you can find a booking, why wouldn’t you fly?
California congestion hits charter rates as ship operators waste millions waiting to get to terminals.
Virtually every U.S.-listed shipping stock fell on a day that the S&P 500 hit a record high.
Maersk expands air business after earning more in a single quarter than in any prior full year.
Trans-Pacific container shipping rates remain exceptionally strong despite a dip earlier this month.
The daily surcharge fines begin Monday, but there has been no immediate surge of container activity.
Biden-backed plan to tackle container congestion could make logjam even worse, critics believe.
Media coverage increasingly links consumer price inflation to container shipping and supply chain chaos.
It’s no coincidence that spiking trans-Pacific trade coincides with more boxes overboard and more shipping accidents.
Ocean cargo shippers are paying more than they ever have before for the worst service they’ve ever experienced.
California port congestion is as bad as ever. Some imports have been stranded offshore for over a month.
The ocean shipping boom is spreading across vessel types. Spot LNG shipping rates just topped $150,000 per day.
Liner deals in the ship-leasing market imply strong confidence in high freight rates for the foreseeable future.
As America struggles with a growing supply chain crisis, ocean carriers rake in even more profits.
Pullback in trans-Pacific shipping rates: beginning of the end or brief reprieve with end still not in sight?
Cost of fuel consumed by container ships, bulkers and tankers is effectively at a seven-year high.
Shipping Asia-U.S. via regular ocean service and rail? “I would bet your goods will not arrive in time for Christmas,” says Flexport’s Nerijus Poskus.