Trans-Pacific trade lane
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Maritime
Container ships now piling up at anchorages off China’s ports
Trans-Pacific traffic snarl is bicoastal: More container ships waiting off Shanghai and Ningbo than Southern California.
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FreightWaves Classics
FreightWaves Classics/Fallen Flags: American President Lines still lives under new ownership (Part 1)
The American President Line is a "descendant" of several other companies. Read about the Pacific Mail Steamship Co. in this FreightWaves Classics article.
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News
Record shattered: 73 container ships stuck waiting off California
Supply chain crisis deepens as more imports snared in historic ship queue off Los Angeles/Long Beach.
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Maritime
Shipping chaos gives top importers ‘massive competitive edge’
As stimulus-fueled demand overwhelms trans-Pacific capacity, a widening freight spread leaves small shippers behind.
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Maritime
Clock ticking for Christmas imports as West Coast congestion mounts
Port of Los Angeles boss warns: ‘Anchorage and dwell times are trending in the wrong direction.’
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Maritime
How China became the big winner of the COVID era
A year and a half after COVID emerged in Wuhan, China’s exporters, liners, shipyards and container factories are all booming.
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Maritime
FreightWaves LIVE recap: How to cope with ocean capacity crunch
How bad is it? A Vietnam-New York slot was just offered at $19,000 per FEU, reveals Flexport’s Nerijus Poskus.
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Maritime
Why stratospheric container rates could rocket even higher
Container rates are in uncharted territory. If demand continues to outpace supply, there’s little to stop them from ascending further.
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Company earnings
Matson CEO: Trans-Pacific trade to stay stronger for longer
West Coast congestion could last into the fall as retailers face stockouts on essential goods, says ocean carrier Matson.
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Maritime
Flexport: Trans-Pacific deteriorating, brace for shipping ‘tsunami’
Trans-Pacific container crunch is about to become even more severe, warns Flexport, with May sailings now effectively sold out.
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