Zim’s headline loss looks ugly, but most of the decline was non-cash and it still has ample reserves to weather the downcycle.
In this edition: Cargo theft is on the rise; the Panama Canal is out, Suez is in; and Congress is a fan of the truck driver.
U.S. agribulk exports to Asia are taking the longer route via the Suez Canal due to Panama transit restrictions.
The water crisis at the Panama Canal is getting worse and will force more ships to take much longer routes.
An article from 1978 in American Shipper showed that the efficiency of the Panama Canal was an important factor in shipping — something that resonates today with the drought that has created a water level crisis in the canal.
In this edition: Cargo theft was on the rise over the holiday weekend; the Panama Canal wins a spot on bingo cards; and Coyote parts ways.
Persistent congestion and higher delays at the Panama Canal could lead to lasting changes in global LPG shipping flows.
Your latest info on all things cold chain
Panama’s drought poses a serious challenge to the country’s canal operations, but fallout to global trade remains limited.
Demand for global supply chain visibility tools is forecast to hit $39B by 2028.
This year’s peak season could see West Coast labor disruptions coincide with Panama Canal water levels impeding cargo flows to the East Coast.
While the Panama Canal has played a crucial role in maritime shipping, its construction was fraught with problems. This episode of Tracks Through Time takes a look back on the 119th anniversary of the start of construction.
The endless stories that make up the history of transportation and freight are chronicled in some of the most riveting nonfiction books, but they almost read like novels. Here are the five favorites for the FreightWaves Classics team.
By the start of the 1900s, about 40 U.S.-flag ships were operated by the country’s lumber titans, proving to the industry at the time that marine transport was more efficient than rail.
Container-ship transits of the Panama Canal are up as liners favor the East Coast. LNG transits are down as U.S. gas heads to Europe.
Texas ports like Freeport have embarked on major expansion projects to handle larger ships.
The president of Panama, Laurentino Cortizo Cohen, visited Port Houston Thursday to celebrate five years since his country completed the expansion of the Panama Canal.
Maersk and ZIM ships are being deployed in response to “customers’ increased cargo demands.”
On this episode of Midday Market Update, Kaylee Nix and Michael Vincent look at top headlines and figure out if the Panama Canal is at risk for blockage.
The Panama Canal Authority’s administrator discusses why he’s not worried about a container ship blocking the canal.
