US imports could stall as demand overwhelms trans-Pacific capacity
Retailers at increasing risk of not getting goods from Asia on shelves as ocean transport system hits limit.
Retailers at increasing risk of not getting goods from Asia on shelves as ocean transport system hits limit.
Freight forwarder will pay “absolute historic high” to secure container ship as “people are panicking” amid “out of control” market.
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
DCSA is working on two key standards that will help improve visibility for shippers in the future.
Ships at anchor are unlikely to clear by peak season. Congestion is forcing wide-scale voyage cancellations.
The containers that U.S. shippers need are all built in China, where factories could set a new production record this year.
How bad is it? A Vietnam-New York slot was just offered at $19,000 per FEU, reveals Flexport’s Nerijus Poskus.
ZIM is the liner most exposed to upside from America’s import binge. It’s taking full advantage of the situation.
AT&T and Sony have teamed up for a new shipping label that activates sensors to track and monitor packages as they travel throughout the supply chain.
With the retail inventory-to-sales ratio still falling, U.S. importers are urged to move fast on their holiday import plans.
Container rates are in uncharted territory. If demand continues to outpace supply, there’s little to stop them from ascending further.
The situation for importers is getting even more dire. Already extreme container rates are ascending to even higher peaks.
Danaos will stockpile cash from the current boom and spend it on new ships when environmental regs are clearer.
Trans-Atlantic product tanker rates have spiked, but a quick pipeline restart would curb future upside.
are pumping across the country, but it seems routing guides have finally shown signs of improvement. Pair the declining electronic tenders with declining tender rejections, fewer spot volumes, and both contract and spot rates headed lower, the picture of an improving environment can be visualized.
Formerly containerized cargoes are being loaded onto bulkers. Box-ship orders are keeping future bulker growth in check.
UPS-commissioned survey said health and safety protocols will keep more gift-givers home this year
Tanker execs explain lack of distress sales and scrapping this time around, and why new orders will be more curtailed.
Maersk reveals more details on its shift toward long-term contracts at the expense of spot exposure.
Importers are scrambling as demand sails past ocean transport supply. The numbers paint an ominous picture for cargo shippers.