Ocean container rates are on the rise, Freightos says, as carriers bet dollars to [terrorist] drones they can safely return to the Red Sea.
Yang Ming saw an early peak and higher rates pump earnings, but the outlook for H2 is less certain.
Stakeholders at the Transportation Research Board annual meeting gathered to evaluate port performance, a complicated conversation within the supply chain.
The air cargo market is enjoying an unexpected boom during the slow season, but it’s unclear whether demand is pulling from the third and fourth quarters to avoid supply chain delays or will continue to build.
Remaining queues of waiting ships are dwindling, another sign that supply chain pressure is winding down.
Southern California’s container-ship logjam ends as congestion eases at East and Gulf Coast ports.
DOT should consider trucking and other supply chain costs in its push to expand off-site and inland container facilities, transportation executives caution.
Demand for Asian goods began dropping earlier this year. This is now having a delayed — and highly negative — effect on U.S. imports.
California’s container-ship traffic jam is almost gone, replaced by stubbornly high backlogs off the East and Gulf coasts.
The Mojave Inland Port could reduce congestion at the ports of Los Angeles and Long Beach.
Trucking companies want the FMC to require better container storage data from the ocean carriers to speed cargo flow at the Port of New York and New Jersey.
Federal regulators are considering a congestion emergency order to require carriers to share cargo data with shippers, railroads and trucks.
Federal regulators are pressuring carriers at the Port of New York and New Jersey to compensate shippers and carriers for container storage.
Container shipping giant Maersk sees continued strength in U.S. imports and ongoing supply chain disruptions globally.
The drop in ships waiting off Southern California is deceiving. The number of ships off all three coasts is back to all-time highs.
A top regulator says more staff is needed to properly carry out new ocean carrier reforms signed into law by President Joe Biden.
Indianapolis’ outbound volume caused the Headhaul Index to increase 36.1% week over week, and outbound loads within 100 miles of the San Francisco market are being rejected as a result of protests.
Peak season imports are expected to remain strong but rail delays require ‘immediate’ attention, says Port of LA’s Gene Seroka.
Southern California ports can’t evacuate import containers fast enough. The backlog has yet again reached critical levels.
There were 125 container ships waiting offshore on Friday, including 36 off Savannah, 24 off Southern California and 20 each off Houston and New York.
