Watch Now

Shipping

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.

Chris Dupin Sunday, August 17, 2014

Say ‘cheese’

U.S. dairy export growth is something for these shippers to smile about.    Dairy exports have increased rapidly in the past two decades, growing from $982 million in 1995 to […]

Read More »
Chris Dupin Sunday, August 17, 2014

Squeezed

Liner carriers are under enormous pressure to confront overcapacity and cleaner fuel requirements.    While there are some signs that the economy is improving in the United States and Europe, […]

Read More »
Chris Dupin Sunday, August 17, 2014

Gone missing

   This decision involves a shipment of clothing moving from China to Mexico that “went missing” along the way. (U.S. v. C.H. Robinson. Federal Circuit Court of Appeals. No. 13-1168. […]

Read More »
Chris Gillis Thursday, August 7, 2014

Sunland, Artisan Logistics partner

   Sunland Logistics Solutions, a South Carolina-based third party logistics services provider, has entered a partnership with Artisan Logistics as their in-house carrier to support Sunland’s customers with transportation services […]

Read More »