Liner company Zim expects to rake in a billion dollars more this year than in record-setting 2021.
The new facility will reduce wait times and port congestion, according to Transport Canada.
Invasion and price spikes could destroy demand, weaken consumer confidence and curb cargo volumes, warns BIMCO.
The railroad says it is taking steps to grow capacity, both on its network and in places where more volumes need to push through, such as Charleston, South Carolina.
There are now more container ships waiting off East and Gulf Coast ports than there are off Los Angeles/Long Beach.
Among Thursday’s notes: Spot rates rise from China to U.S. West Coast, Indy outbound rejection rates drop, and more.
Project44’s Adam Compain explains during a fireside chat at the Global Supply Chain Week virtual conference how the company’s ocean shipping data will help FreightWaves SONAR customers make better, proactive decisions.
This partnership provides SONAR customers with the world’s highest quality data and insights on ocean market conditions.
