Ocean shipping
- Maritime
Tidal wave of new container ships: 2023-24 deliveries to break record
The number of newly constructed container ships set to hit the water will exceed any previous capacity additions.
Read More » - News
Volkswagen to open new shipping hub in South Texas
Automaker Volkswagen is opening a new shipping hub in South Texas to import more than 140,000 vehicles a year.
Read More » - News
SONAR Sightings: Milwaukee reefer demand plunges; rates from China to US decline again into Q4
The reefer market in Milwaukee is the primary driver behind its demand, and in the last year volumes are down 59%. Ocean spot rates from…
Read More » - Maritime
If supply chain crunch is finally easing, why is inflation so high?
Measures of supply chain bottlenecks, cargo transit times, bookings and spot rates are all down, yet inflation remains historically high.
Read More » - Maritime
Shipping giant Maersk: ‘Significantly less demand’ but ‘no hard landing’
Supply-demand dynamics that supercharged pandemic-era rates are now “exactly the opposite,” says Maersk CEO Soren Skou.
Read More » - Trucking
Your ‘chassis deal’ – and terms – may be costing you
Steamship lines sometimes offer an included chassis for trucking companies. Similarly, non-vessel operating common carriers sometimes offer a chassis program linked to the chassis pools…
Read More » - Maritime
Russian oil exports are still booming and EU is still reliant on Russia
The EU is going to ban imports of Russian crude and petroleum products. It still has a long way to go to find replacement supplies.
Read More » - Maritime
Russia oil sanctions: How conflict with EU rules threatens G-7 price cap
The G-7 plan to squeeze Russia’s oil profits hinges on the EU revising its own sanctions. Those revisions face opposition.
Read More » - Maritime
West Coast ports sink to lowest share of US imports since early 1980s
East and Gulf coast ports handled more volume than ever before in August, pulling far ahead of West Coast rivals.
Read More » - Maritime
Container shipping lines suddenly a lot less interested in renting ships
Container lines are pulling back fast from the ship-leasing market, signaling less confidence in future freight income.
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