Q&A: Transport economist on pandemic pain, lasting fallout
IHS Markit’s Paul Bingham predicts sustained 2020 weakness and higher long-term costs.
IHS Markit’s Paul Bingham predicts sustained 2020 weakness and higher long-term costs.
Maersk plans sudden switch from Staten Island to New Jersey. The Staten Island terminal is fighting back.
Here it comes: Ports will soon feel full force of canceled box-ship sailings.
Big April gains at Southern California container terminals are deceiving.
Pandemic yet to heavily impact Caribbean container transshipment but fallout looms.
Pandemic pressures on tourism, oil and textiles squeeze Caribbean cargo demand.
World’s second-largest box carrier resolves its website woes.
Good news for box carriers: Freight rates haven’t collapsed. Bad news: Volumes have.
Website and the online booking platform of MSC have gone offline but fallout appears contained.
Cargo flows face worst hit in a century but have potential to bounce back fast.
No collapse yet for ocean container spot rates. In fact, they’re up.
Plunging demand on land has yet to be fully felt by ocean shipping
Carriers slash even more ocean services in bid to prop up rates as demand crumbles.
No one was prepared for the global shipping disruption caused by COVID-19, but Mike Meierkort said Damco’s resiliency program is “the closest thing to having a playbook.”
Coronavirus will inevitably infect more seafarers. How ports respond will be pivotal.
FIATA questions the reasonableness of assessing demurrage and detention charges against shippers and forwarders during pandemic.
Canceled sailings surge, schedule reliability sinks and import demand evaporates.
More booking cancellations equal more ocean-service cancellations equal more delivery uncertainty.
The U.S. Federal Maritime Commission’s legal staff is expected to deliver its final demurrage and detention rulemaking assessment to the commissioners in the next several weeks.
Social distancing will wreak havoc on trans-Pacific and Asia-Europe box volumes.