Stay Up to Date on the Cargo Shipping Industry
The outbreak of the COVID-19 pandemic had a negative impact on shipping industry growth in 2020. With the world in lockdown, demand for non-essential consumer goods (and the means to ship them) decreased. Shipment of manufactured goods also decreased as factories closed in an effort to slow the spread of the virus. On top of that, China — one of the world’s largest exporters — was at the center of the pandemic, leading several countries to stop trade with the nation altogether.
According to the United Nations Conference on Trade and Development (UNCTAD), maritime shipping industry growth will likely slow or remain flat in 2023, driven by inflation and the ongoing war in Ukraine. For the overall 2023–2027 period, UNCTAD predicts growth at an annual average rate of 2.1%, slower than the previous 30-year average of 3.3%.
Check back here for the latest container shipping news, updates and trends. Looking for additional information and insights? Check out our Maritime Industry News archives.
Shipment volumes and payments were up for the fourth month in a row after a “dismal” January caused by harsh winter weather and West Coast port congestion, according to the […]
Rotterdam’s ECT Delta Terminal received three more post panamax ship-to-shore cranes able to handle vessels over 20,000 TEUs.
The third-party logistics provider launched its “TireCity” facility in Somaglia, Italy.
BIFA names new national chairman, while AKD hires two senior executives.
Additional workers will be used to run second yard shifts, execute rail movements, and bolster equipment operations, according to a statement from the New York Shipping Association.
Shipper group argues the current framework of U.S. rail regulations is “broken” and “needs to be rethought and rebuilt.”
Cargo volumes at the Northern California port increased for the third straight month.
Alliance members added new port calls to their CC2 and SC1 services between Asia and West Coast North America.
International Association of Classification Societies has adopted new safety rules in response to break-up of the MOL Comfort in 2013.
The Finnish shipping port is scheduled to open in September 2015.
The new less-than-containerload consolidation service will primarily target the growing automotive parts industry.
Forth Ports Limited invested in resurfacing the container terminal to increase capacity and improve access to equipment.
Once the proper water levels are achieved, tests will begin on the new gates’ operations, the canal authority said.
Along with partners Bolloré Africa Logistics and the Ghana Ports and Harbour Authority, APM Terminals will invest $1.5 billion to upgrade and expand the Port of Tema in Ghana.
The ocean carrier has made ‘MOL Auto Carrier Express’ its global brand.
The trip will introduce U.S. shippers to potential customers in Mozambique, South Africa and Kenya.
Newport News Marine Terminal in May processed the highest amount of vehicles since January 1988.
The ocean carrier began purchasing slots on a dedicated service between the Mediterranean and the East Coast of South America.
The ocean carrier joined the joint Hanjin, Yang Ming and TS Lines CKA service, which connects Korea and China with Australia.
The third party logistics provider and supply chain specialist opened a new office in Porto, Portugal.
The less-than-truckload provider announced it will expand operations in the Phoenix and Salt Lake City metropolitan areas.
The U.S. Federal Maritime Commission has received 10 ocean transportation intermediary license applications and changes for review.http://www.fmc.gov/
The U.S. Federal Maritime Commission has received 10 ocean transportation intermediary license applications and changes for review.
The U.S. Federal Maritime Commission has received 10 ocean transportation intermediary license applications and changes for review. The FMC received non-vessel-operating common carrier license applications from Dove Global […]
The U.S. Federal Maritime Commission has received 10 license applications and changes for review. The FMC received non-vessel-operating common carrier license applications from Nautical Shipping Line, Karachi, Pakistan […]
The U.S. Federal Maritime Commission has recently received 10 ocean transportation intermediary license applications and changes for review.
The U.S. Federal Maritime Commission has received 10 ocean transportation intermediary license applications and changes for review.
The U.S. Federal Maritime Commission has received 10 license applications and changes for review. The FMC received a non-vessel-operating common carrier license application from EXL Logistics, Miami (Marcelo Kroeff, vice […]
The U.S. Federal Maritime Commission has received 10 ocean transportation intermediary license applications and changes for review.
The U.S. Federal Maritime Commission has received 10 license applications and changes for review. The FMC received a non-vessel-operating common carrier license application from Phison International, Elk Grove Village, […]
The U.S. Federal Maritime Commission has received 10 ocean transportation intermediary license applications and changes for review.
The U.S. Federal Maritime Commission has received 10 ocean transportation intermediary license applications and changes for review.
The U.S. Federal Maritime Commission has received 10 ocean transportation intermediary license applications and changes for review.
Requests come from six states: California, Missouri, New Jersey, Ohio, South Carolina and Washington.
The U.S. Federal Maritime Commission has received 10 ocean transportation intermediary license applications and changes for review.
The U.S. Federal Maritime Commission has received 10 ocean transportation intermediary license applications and changes for review.
FMC reviews 10 OTI license applications
DNV and Kane Is Able appoint senior executives, while FPS and the University of Denver’s Transportation Institute add to their boards.
U.S. District Court Judge Analisa Torres ruled the New York Container Terminal had no “reasonable or practical way” to protect over 2,200 containers damaged in the storm.
The Environmental Protection Agency said U.S. planes emit about 11 percent of greenhouse gas emissions among the transportation sector.
Ocean carriers Evergreen Line, CMA CGM and its subsidiaries ANL, CNC Line and Delmas all ended their slot charter agreements on the CVS/CVT service operated by Heung-A, TS Lines and […]
The airfreight carrier attributed its growth in the first five months of 2015 primarily to expanding its network with new flights and increased frequencies.
The third party logistics and supply chain services provider said the less-than-container-load service will have a transit time of 11 days.
The logistics services provider will help retailers with store planning and design, as well as rolling out new seasonal displays and remodeling stores.
The partnership was formed to enhance the public’s understanding on the importance of Great Lakes shipping.
Florida East Coast Railway began deploying GE’s Transportation’s RailConnect mCrew product to maximize efficiency.
Cathay Pacific appoints new head of cargo, while Matchback Systems names IT director.
TRAC Intermodal CEO said inclusive talks will result in a better overall chassis service product.
Industry analyst Alphaliner reported 39 ships with capacity for more than 18,000 TEUs have been ordered in the first half of the year.
Year-over-year import volumes at ports covered by Global Port Tracker were up 6.1 percent in April.
The ocean carriers will decrease the size of the ships on their Condor/AE 9 service from 9,500 TEUs to 6,500 TEUs on average.
Shipments of limestone on the Great Lakes reached 3.8 million tons in May, an increase of 16.6 percent compared to a year ago.
PSA International has entered a joint venture with Beibu Gulf Port Group and Pacific International Lines to form a container terminal at the southwest Chinese port.
The third party logistics and freight payment provider opened a new branch in Bend, Ore. and moved its Grand Haven, Mich. branch to a new, larger office.
Port of San Diego appoints new head, while Globe Express Services names CEO.
A new report authored by the National Research Council’s Transportation Research Board recommends STB hearings on “unreasonable” rates be replaced by independent arbitration.
Transportation and warehousing segment added 13,000 new jobs in May, according to the latest figures from the U.S. Department of Labor’s Bureau of Labor Statistics.
The ocean carrier is scheduled to become a slot-taker on the French line’s service between U.S. and Mexico Gulf Coast ports, Colombia and Jamaica.
The FAA has proposed a $63,000 civil penalty against CTC Battery of Hayward, Calif., for allegedly violating federal hazardous material transport regulations.
The 3,100-acre former Bethlehem Steel plant property has begun the process of becoming a major transportation and logistics hub.
The Port of Wilmington’s 101,000 square-foot cold storage facility is scheduled for completion in Feb. 2016.
Panalpina names new COO and CIO, while Port Freeport commission elects new officers and Bouchard Transportation appoints VP.
Attorneys for the Institute of International Container Lessors argue terminal operators have no right to bind third parties to mandatory chassis inspections by International Longshore and Warehouse Union.
Labor groups reacted to Senator Gardner’s PORTS legislation, which would expand the Taft-Hartley Act.
The new strategic partnership between Swire Shipping and Rickmers-Linie will connect more than 12 ports in the region, according to a joint statement from the companies.
Several new cargo carriers contributed to the growth in freight activity, according to a statement from Brussels Airport.
The cargo segment of the American Airlines began using the Boeing 787-800 Dreamliner for international routes this month.
Aim of the Northwest Seaport Alliance is to protect and attract more cargo to Puget Sound region.
Components of the Shanghai Containerized Freight Index declined on four major trade routes from Shanghai to the U.S., Europe and the Mediterranean.
Armed pirates boarded a product tanker off Pulau Aur, Malaysia and took crew members hostage, according to the International Maritime Bureau (IMB)’s Piracy Reporting Centre.
Rotterdam’s R.B.C. Container Terminal began expanding operations with the construction of a new jetty and the redevelopment of its storage yard.
The Union Pacific railway plans to spend about $137 million in 2015 to improve its infrastructure in California.
The new Senate bill would allow state governors to invoke Taft-Hartley in an attempt to mitigate port congestion stemming from labor disputes.
Panama Canal Chief says the report raises questions about the cost competitiveness of the new waterway.
No crew members were hurt in the incident, according to the vessel’s operator, American Roll-on Roll-off Carrier.
Ocean carrier now purchases slots on two weekly services between Gulf ports and the East Coast of South America.
APM Terminals outlined its plans to further expand the Poti Sea Port by adding two new deep water berths able to handle 9,000-TEU vessels.
The Port of Oakland has started a search to replace Deborah Ale Flint who announced she will resign next month as aviation director.
Net orders for Class 8 trucks fell below 20,000 units for the first time since September 2013, according to preliminary data from the freight forecaster.
The forwarder began shipping aircraft components from Airbus’ Hamburg facility to its assembly plant in Mobile, Alabama, the company’s first U.S. facility.
The ocean carrier has ended its slot charter agreement with COSCO and Hanjin on their dedicated loop connecting China with Cristobal and Houston.
The logistics provider is calling the new facility, located near Helsinki, the “Terminal of the Future.”
The 66 million-year-old Tyrannosaurus rex skull traveled from the Black Hills Institute of Geological Research in South Dakota to the Fraunhofer EZRT research institute in Fuerth, Germany.
The Hamburg port terminal operator has ordered three new gantry cranes for its Burchardkai terminal that will allow it to handle containerships with capacity for over 20,000 TEUs.
Canadian National Railway will purchase 200 additional 53-foot temperature-controlled containers for the domestic reefer market.
Breakbulk and heavy-lift carrier AAL said it will tap northern Alberta’s oil-rich mining industry by expanding its Pacific liner service to include the Port of Prince Rupert.
The ocean carrier will open a new cold storage operation in the Binh Duong province of Vietnam in July.
Location adjacent to UPS’s Worldport in Louisville will allow CloudDDM to offer next morning delivery of prototypes and parts.
Operations returned to normal on Monday after a disagreement with an International Longshore and Warehouse Union marine clerk local over dispatching procedures closed the port during second shift Sunday, according […]
The shipping company said it plans to expand its portfolio of energy efficient containerships.
The new WAZZAN loop will complement its existing EURAF loops, calling Mauritania and Senegal directly from Spain and Morocco and serving Mali via intermodal connections in Dakar.
AKI, a home decoration and do-it-yourself retail chain, signed an expanded three-year contract extension with the supply chain and logistics provider.
Union Pacific Railroad plans to spend $383 million in 2015 to improve its infrastructure in Texas.
The two-year-old carrier transports less-than-truckload freight for shippers from California, Nevada and Arizona to the eastern United States.
National Retail Federation appoints new research VP, while Greencarriers picks heads of global sales and road freight.
Order from DSME includes an option to add six more ultra-large container vessels.
The logistics roll-up company will raise the funds in both equity and the sale of senior notes to finance current and future acquisitions.
Ocean carrier United Arab Shipping Co. will enter the transatlantic trade via partnership agreements with fellow Ocean3 member CMA CGM and Hamburg Sud.
April figures reinforced trends that emerged early in 2015, according to industry analyst World ACD.
Logistics services provider GAC Group has opened new offices Atlanta, Detroit, Chicago and Los Angeles.
