Shipping stock sell-off: Shares down double digits since March
Is the sharp decline in shipping stocks a canary in the coal mine or an opportunity for investors to buy the dip?
Is the sharp decline in shipping stocks a canary in the coal mine or an opportunity for investors to buy the dip?
Integrated business planning solutions “enable an organization to respond to changing demand while managing product flow to ensure high customer service,” says ArchLynk CEO Sekhar Puli.
America’s imports are not signaling a recession, at least not yet. Inbound volumes are rising from the bottom.
The war has stoked fears of global shortfalls of wheat, corn and fertilizers, but the flexibility of shipping trades has limited the risk.
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.
“Once shippers get up and running on GoodShip, they invite their carriers onto the platform. This creates a multiplayer experience where each party has access to modern analytics, creating a single source of truth,” says CEO Ryan Soskin.
Inventory destocking is the biggest container shipping headwind, says Maersk. Its data shows no evidence of inventory pressures alleviating yet.
The price of crude oil is now lower than it was when OPEC announced its latest cuts, fueling more concern on tanker demand.
Uber Freight, Convoy and J.B. Hunt formed the Scheduling Standards Consortium in December to standardize trade data and synthesize scheduling technology.
Bed Bath & Beyond got pummeled by the supply chain crisis. The company is now targeting shipping lines for allegedly compounding its woes.
This report shares an in-depth overview across the trucking, maritime and intermodal markets.
The Europe-U.S. trade held up a lot longer than the Asia-U.S. trade, but trans-Atlantic premiums are now fading away.
Tanker investors have been disappointed before. Is the current stock pullback a bump in the road or something more?
Download this freight market report and learn why FreightWaves experts are seeing a fairly bleak outlook for the rest of 2023.
As new container ships flood the market amid weak demand, Drewry expects low freight rates to persist through 2024.
The Q2 Freight Sentiment Indexes show carriers lower, brokers higher and shippers about the same despite ample pricing power.
U.S. box shipments are declining at their fastest rate since the worst of the Great Financial Crisis, with trends having deteriorated as the first quarter progressed, according to the third-largest North American containerboard producer.
There is growing sentiment that higher trans-Pacific spot rates will not hold and prospects for shipping lines remain weak.
“The Premier Partner Program expands our carrier family to include an even higher level of qualification of carriers that can meet the needs of participating shippers,” said president George Abernathy.
Mainstream tankers have moved into the Russian crude export trade. The price cap might push them back out again.