Shippers have been bidding against each other for capacity over the past year with little to show for it, and it appears paying more will not solve the crunch.
The more ocean shipping is in the news, the more attention it gets from tech founders and investors.
After last year’s historic run-up, factories are producing fewer containers and pricing of new boxes is down.
Jefferies analyst Randy Giveans maintains that container shipping stocks still have a lot more room to run.
Xeneta CEO Patrik Berglund explains how carrier negotiating power has changed the annual contracting equation.
Solution in use in France measures and cuts boxes to fit item properly, eliminating excess packaging
Long-term contract rates are at record highs. Shipping lines hold all the cards at the negotiating table.
COVID container boom continues: Maersk may earn even more this year than in record-trouncing 2021.
The number of ships waiting off Los Angeles/Long Beach fell 23% over the past week.
The cost of ship fuel looks like it’s about to topple records set in 2012 and 2008.
Accusations fly as shipping lines rake in billions, but the numbers imply more carrier competition, not less.
Barring an economic downturn, U.S. demand could still be squeezing ports a year from now.
Carrier profits are reaching previously unimaginable heights as supply chain disruptions supercharge gains.
China’s biggest holiday used to have a dramatic impact on U.S. transportation and the flow of goods. Now it seems more of an afterthought.
“International collaboration is essential to decarbonize global supply chains. It’s time to get started on this important work,” said Gene Seroka, executive director of the Port of Los Angeles.
SoCal imports suffering multimonth slide, not because of falling demand, but because of supply chain bottlenecks.
Shipping analysts rethink outlooks on crude and product tanker rates: already grim market appears even grimmer.
An attack on Ukraine could hike costs for shipowners and cargo shippers across the globe.
Supply chain disruptions are blamed for mixed results at Gulf Coast ports.
Could container shipping and tanker stocks end 2022 very differently than they began it?
