Sanctions on Russian crude and diesel exports are failing
Price caps have been breached, discounts on Russian exports are dwindling, and more money is flowing to Russian coffers.
Price caps have been breached, discounts on Russian exports are dwindling, and more money is flowing to Russian coffers.
While AI technologies have the potential to transform the shipping and logistics industries, their success takes careful and strategic planning.
In the post-pandemic pivot from just-in-case to just-in-time manufacturing, digital freight network Convoy has launched a service to help shippers and carriers manage risk.
Containerized imports are rising seasonally, as expected. This year is on track to top pre-pandemic volumes by low single digits.
Investors in Danaos thought they were buying a container shipping stock. Now they’re invested in dry bulk, too.
Rate deals and spikes don’t last forever, and smart industry players know caring for the partners who will sustain them when the market inevitably shifts is mission-critical.
After double-digit gains since June, trans-Pacific spot rates have just surpassed contract rates, according to Xeneta data.
Despite upgrading its full-year outlook, container shipping giant Maersk no longer sees a second-half demand rebound.
Kodif’s founding team showcases experience, resulting in the development of a technical product that empowers even those lacking technical proficiency to effectively utilize it.
Asian demand for propane continues to build, as does US supply, equating to booming business for LPG tanker owners in the middle.
“The discussion of reducing the de minimis back to the $200 threshold could impact e-commerce retailers with high-value products by increasing costs,” said BoxC Logistics co-founder Chad Schofield.
Shipping lines are seeing higher cargo volumes and successfully integrating newly built vessels into their fleets, says Textainer’s CEO.
“It is extremely difficult to announce a reasonable business forecast at this time,” said ONE, citing container shipping market uncertainties.
Transportation spend optimization is a shipper’s secret weapon to transform its spend management process, improve inefficiencies, and reduce complexities and operational risk.
Because container liner profits plummeted off an extraordinarily high peak, some carriers are still posting hefty profits despite huge declines.
In an article published in 1992, American Shipper details the first use of barcodes for shipping Chrysler vehicles.
Despite ongoing controversy over shareholder treatment, analyst Michael Webber says shipping is doing a better job.
After rapidly expanding its fleet during the boom, ocean carrier Zim is backpedaling and shedding ships.
For the first time since freight sentiment index inception, shippers are the least positive group. Does that mean the market is balancing?
Container lines did not manage post-boom vessel capacity as well as expected. In the trans-Pacific, they may be belatedly getting the hang of it.