Shipping

Young Brothers will curtail service without rapid $25 million infusion of CARES Act funding from state regulators.

What the war of words between the U.S. and China means to ocean shipping.

Sysco, Svitzer, Adnavem and AddSecure add industry all-stars

Lessons learned from shipowner woes in the wake of the global financial crisis.

Escalating airfreight transportation rates and capacity shortages from China due to the global pandemic have encouraged some shippers to split supply chain shipments between ocean and air pallets.

Coronavirus hit to Brazilian exports is a nightmare scenario for dry bulk — and cases in Brazil are mounting fast.

The intertwined economies of the U.S. and Mexico mean that trade will play a large role in the economic recovery of both nations from COVID-19-related shutdowns.

Rates for ocean transport of propane could surge if the worst of the coronavirus crisis is past.

“Crew changes cannot be postponed indefinitely,” warned the world’s largest maritime and air transport organizations.

Leasing companies say a neutral chassis pool lacks incentive to invest the tens of millions of dollars each year to maintain viable chassis equipment.

Fewer sailings will be canceled starting in July but that won’t help restock shelves in June.

Kuehne + Nagel’s Bill Rooney takes aim at RFQs and bunker surcharges in remarks to Agriculture Transportation Coalition

Panel of importers and exporters will advise the U.S. Federal Maritime Commission on policies of competitiveness, reliability, integrity and fairness in ocean shipping.

U.S. Federal Maritime Commissioner Rebecca Dye said Fact Finding 29’s work will help the American ocean shipping industry better prepare the supply chain for the post-virus economic recovery.

Tanker owners increasingly point to upside to come after floating storage unloads.

U.S. Federal Maritime Commission finds sufficient credibility in Lake Carriers’ Association petition to support invoking rarely used 1920 Merchant Marine Act investigative authority.

An exclusive interview with Deutsche Bank’s Amit Mehrotra on what COVID-19 means to transport stocks.

Supply chain management solutions provider project44 said it has shippers covered no matter where and how their cargo is transported throughout the world.

The more sailings cancelled, the more risk to companies leasing container ships to carriers.

NCBFAA President Janet Fields has knowledge and skills to lead industry through worst of times, former association President Amy Magnus says.

Good news: Vaccine shows promise. Bad news: Floating storage economics vanish.

The U.S. Federal Maritime Commission says an amendment to the Puerto Nuevo Terminals Agreement poses no anticompetitive concern.

Box import volumes may be falling fast, but there are glimmers of hope.

“Inland waterways shipping does not fit into Imperial’s future development strategy,” said CEO Hakan Bicil.

“Nowcasting” platform uses ship-tracking data to detect coronavirus fallout.

CNBC’s Lori Ann LaRocco writes about the impact of COVID-19 on U.S.-China trade, particularly in regard to the trade war between the two nations.

Future cargo flows at escalating risk from inaction on stranded seafarers.

World’s largest box carrier expects capacity cuts to mitigate volume downside.

Japanese carrier tempers profitability news with financial concerns.

As ships sail full in May, the hope is that fewer 3Q sailings get the ax.

The world of transportation has changed due to COVID-19. Read about how shipping professionals are adapting to those changes.

The dry bulk market is getting hammered again — not a positive signal on the global economy.

Diamond S boss sees tanker-market “trough” on the horizon.

There’s still too much oil in the world and tankers are still filling up with the overflow.

The U.S. wind energy sector is “a huge bright spot during these difficult times,” said Gene Lemke, vice president of projects at Anderson Trucking Service.

Are larger funds now heading for the exits and giving up on tanker stocks?

Public tanker owners post impressive earnings on an ugly day for tanker stocks.

Kirby Corp pulls 2020 guidance but inland barge utilization is still strong at 90%.

New data from eeSea reveals that U.S. ports will see capacity plunge by up to 20% this month.

Some national chapters are offering memberships to those working at sea during the coronavirus pandemic.

U.S. Federal Maritime Commission asks lawmakers to consider “financial bridge” to help container terminals make their lease payments.

Shippers and forwarders will be cautious with how much cargo they commit to the ocean container carriers this contract season, industry experts say.

COVID-19 can accelerate many existing but slow-moving trends in the industry as it has forced changes in behavior and altered industry priorities.

Liners could scrape bottom over next two months, then recover.

Combined transportation and logistics powerhouse grows gross profit despite impact from COVID-19.

International association of forwarders says members have tools and knowledge to ease container-shipping pain of the COVID-19 pandemic.

Shipping analyst Michael Webber sees tanker-stock upside if coronavirus recovery falters.

COVID-19 pandemic challenges American seed producers to secure airfreight capacity to meet spring planting.

Mayor Eric Garcetti grateful for “lifesaving purchase agreement” with Honeywell.

Industry sage Martin Stopford dives deep into the future of global trade.

Regulatory guidance is expected to be significant to American shippers facing container availability charges from carriers and marine terminals during COVID-19 pandemic.

Judge gives Maersk go-ahead to jump ship from GCT terminal in Staten Island.

The smallest of the standardized ocean containers in the global fleet remains ideal for dense, heavy agricultural goods, forest products, and machinery shipments.

Global freight forwarder attributes most of the 23.2% year-over-year first-quarter earnings drop to impact of COVID-19 pandemic .

Employees will test devices that vibrate when wearers come too close to protect them from coronavirus infection.

Refined-product tankers join crude tankers in era of epic earnings.

Service contract negotiations between container carriers and shippers are being disrupted by the COVID-19 pandemic, the U.S. Federal Maritime Commission says.

A CFO, government affairs VP and two life science sales directors are hired and a Florida Customs Brokers & Forwarders Association board appointment is announced.

IHS Markit’s Paul Bingham predicts sustained 2020 weakness and higher long-term costs.

The 12 members of Reopen Jacksonville will advise the Florida city’s mayor on the easing of stay-at-home restrictions put in place to slow the spread of the coronavirus.

Tensions in the Strait of Hormuz have always been good for tanker rates and stocks — until now.

“We expect that more shippers will shift from just-in-time supply chains to just-in-case supply chains,” U.S. CEO Mark McCullough said.

Maersk plans sudden switch from Staten Island to New Jersey. The Staten Island terminal is fighting back.

Container equipment shortage exacerbated by COVID-19 pandemic stresses upper-Midwest soybean exporter trying to fill his springtime customer orders to Asia.

Here it comes: Ports will soon feel full force of canceled box-ship sailings.

The Jacksonville, Florida-based ocean carrier finds continued demand for reefers among Central American and Caribbean fruit and produce shippers.

U.S.-listed tanker stocks boast double-digit gains on historically awful day for crude-oil pricing.

COVID-19 has not hurt cargo flows between the Pacific Northwest and Anchorage.

Portsmouth Marine Terminal will be closed while import volumes are down as a result of the coronavirus pandemic.

Bulker rates are rising, but not yet profitable, and market risks abound.

The duty deferment applies to qualifying importers facing “significant financial hardship,” Customs and Border Protection said.

The longer the coronavirus crisis continues, “the longer it’s going to take to get the ship righted,” says GPA Executive Director Griff Lynch.

Big April gains at Southern California container terminals are deceiving.

Short-sea shipper says economic impact of COVID-19 has forced service disruption and employee layoffs.

Pandemic yet to heavily impact Caribbean container transshipment but fallout looms.

Less-than-containerload services offer forwarders and their shippers an alternative to more expensive air freight and full-container transport services, industry experts say.

Pandemic pressures on tourism, oil and textiles squeeze Caribbean cargo demand.

The Supply Chain Intelligence Center pinpoints trouble spots on the nation’s highways and ports to U.S. humanitarian relief providers responding to the health crisis.

World’s second-largest box carrier resolves its website woes.

Good news for box carriers: Freight rates haven’t collapsed. Bad news: Volumes have.

Global maritime insurer promotes international adoption of container packing and declaration practices to reduce losses.

Ocean shipping post-pandemic: What changes lie ahead for supply, demand, stocks and debt?

Problem-solving supply chain bottlenecks is the way to build customer loyalty, freight experts say.

Crude-tanker demand should continue to rise. Will stock prices follow suit?

The global logistics giant said its Q1 profits among its five business divisions suffered from the coronavirus upheaval.

Website and the online booking platform of MSC have gone offline but fallout appears contained.

Cargo flows face worst hit in a century but have potential to bounce back fast.

Third-party logistics providers engaged in international trade are facing the difficult decision of whether to thin staff or even close altogether in the face of a prolonged economic downturn caused by the coronavirus pandemic.

No collapse yet for ocean container spot rates. In fact, they’re up.

World Shipping Council issues reminder that seafarers are the backbone of international supply chains.

Plunging demand on land has yet to be fully felt by ocean shipping

Members of the Washington, D.C.-based National Customs Brokers and Forwarders Association of America interviewed by American Shipper this week generally praised CBP for permitting the flow of legitimate trade across the continent.

The U.S. Federal Maritime Commission said there has been no shortage of container-shipping industry members willing to participate in its initiative to identify ways to overcome supply chain obstacles caused by the coronavirus pandemic.

VC funding has evaporated, wooing new customers is extremely difficult and existing customers’ focus has changed.

Carriers slash even more ocean services in bid to prop up rates as demand crumbles.

The Justice Department said joint logistics operations among five American medical supply distributors to provide protective medical gear to virus hot spots does not violate antitrust law.

Tanker shares fall back as crude-oil prices surge. What comes next?

Bob Costello expects many trucking companies to go out of business before the economy recovers from the recession caused by the coronavirus pandemic.

Despite COVID-19 concerns, the Port of Alaska and ocean carriers calling Anchorage insist that ships loaded with containers will continue to arrive on schedule.

No one was prepared for the global shipping disruption caused by COVID-19, but Mike Meierkort said Damco’s resiliency program is “the closest thing to having a playbook.”