How we all paid for the shipping giants’ $150 billion windfall
An expert reveals what’s wrong with ocean shipping giants. Consumers are footing the bill for their massive profits.
An expert reveals what’s wrong with ocean shipping giants. Consumers are footing the bill for their massive profits.
The number of container ships waiting off Los Angeles/Long Beach recently sank to 25, the lowest tally since July 2021.
Tankers are loading up on American crude, diesel and gasoline exports. Can the free market withstand political pressure?
Without sanctions, tankers will keep loading Russian oil. ‘We’re not taking a moral high ground,’ says Frontline’s CEO.
Safety stats show resilience despite aging ships, cut corners on maintenance and rising pressure on seafarers.
East Coast gasoline inventories are alarmingly low. Gasoline imports from Europe could help but may not be enough to fill the gap.
How data-driven decision-making can help shippers stay ahead in times of volatility
It has been a terrible year for the stock market, a great one (so far) for product tanker and dry bulk shipping stocks.
Megaships are helping cause our current supply chain chaos. Big container boats have hampered competition and clogged up ports.
Zim continues to outpace growth rates of rival container shipping lines, but investor demand fears are on the rise.
Container shipping spot rates are easing, at least temporarily, and far fewer ships are stuck waiting off U.S. ports.
Ocean carrier Hapag-Lloyd sees consumer demand and spot rates slipping, with market highs in the rearview mirror.
First came a pause in cargo bookings to Russia. Now, ocean carriers have halted almost all of their Russian port calls.
Shares of ocean shipping companies have given back much of their 2022 gains after another big sell-off.
The pain at the pump keeps getting worse. Bad news for consumers. Good news for owners of refined product tankers.
‘Right now, we don’t see a huge buildup of volumes because of the closedown in Shanghai,’ reports Maersk CEO Soren Skou.
Emerge, a tech startup based in Scottsdale, Arizona, is showcasing its AI-powered, dynamic Freight Procurement platform as part of its seven-minute live demo during The Future of Supply Chain event in Northwest Arkansas.
New container prices, new production, lease rates, lease durations and used container prices are all down.
As part of FreightWaves’ The Future of Supply Chain event, Redwood Logistics will demonstrate efficient and reliable ways to build data pipelines.
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.