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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 Gillis Thursday, November 8, 2012

GAC names new group president

   International shipping, logistics and marine services provider GAC Group has appointed Bengt Ekstrand as its new group president, effective in January.    Ekstrand takes over for Capt. Lars Säfverström, […]

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Chris Gillis Thursday, November 8, 2012

AEDC names Bittner VP

   The Anchorage Economic Development Corp. (AEDC) has promoted Jon Bittner to vice president.    In his new position at AEDC, Bittner will be responsible for day-to-day operations of the […]

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Chris Gillis Wednesday, November 7, 2012

Perry heads HR at Kenco

   Kenco, a Chattanooga, Tenn.-based provider of distribution, transportation and supply chain services, named Steve Perry vice president of human resources for Kenco Management Services.    “His skills and experience […]

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Chris Gillis Wednesday, November 7, 2012

ECS expands in Italy

ECS Group, a general sales and services agent based in Paris, has acquired three companies in Italy founded by Glauco Martinelli, including Air Transport Consultants Spa (ATC), Airfreight and Data […]

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Chris Gillis Monday, November 5, 2012

DSV builds large German DC

   Third party logistics services firm DSV, together with real estate developer Habacker, will build a 60 million euro ($76.7 million) logistics facility in Krefeld-Fichtenhain, Germany.    The 80,000-square-meter facility […]

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Chris Dupin Friday, October 26, 2012

Hadden to lead Port of Boston

The Massachusetts Port Authority (Massport) named Deborah A. “Deb” Hadden, deputy port director of properties and transportation, as acting port director. She will oversee all aspects of Massport’s maritime department.

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Chris Gillis Friday, October 26, 2012

NCA touches down at DFW airport

   Nippon Cargo Airlines (NCA) will start new freighter flights connecting Tokyo’s Narita International Airport and Dallas-Fort Worth International Airport in Texas, starting Nov. 5.    Nippon Cargo’s twice weekly […]

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Chris Dupin Friday, October 26, 2012

Law firms pounce on OSG

   At least a dozen law firms have announced they have launched investigations into or filed lawsuits against Overseas Shipholding Group (OSG) in the wake of a plunge in OSG’s shares […]

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Chris Dupin Thursday, October 25, 2012

Hear here

   In April 2003, Toshiba American Information Systems contracted with CEVA for door-to-door delivery of its products. The two firms agreed their transportation agreement would be “governed by and interpreted […]

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Chris Dupin Thursday, October 25, 2012

Splitting hairs?

   Various estimates on the width of human hairs range from .017 to .25 millimeters. An even smaller width figured in a steel duty dispute. (See: Arcelormittal Stainless Belgium v. United […]

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Chris Dupin Thursday, October 25, 2012

Rail snail mail?

Postal Service could save switching mail from truck to intermodal rail.    By Chris Dupin       The U.S. Postal Service (USPS) Office of Inspector General’s Risk Analysis Research Center […]

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Chris Dupin Thursday, October 25, 2012

Outside intermodal herd

Hawaii dairyman transforms company into a specialized tank container operator.       By Chris Dupin       There are many routes that entrepreneurs have taken to the shipping industry, but […]

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Chris Dupin Thursday, October 25, 2012

Pacer, UP target auto parts

    Pacer International said it has entered into a multi-year agreement to arrange, manage and provide intermodal freight transportation services for both automotive parts and freight-all-kinds shipments between the United […]

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Chris Gillis Thursday, October 25, 2012

New Course, MWPVL partner

   New Course, a consulting and integration services company focused on SAP supply chain software projects, has formed a partnership with MWPVL International.     MWPVL is a global supply chain and […]

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Chris Gillis Thursday, October 25, 2012

KOM promotes Orozco to partner

   Montreal-based supply chain consultancy KOM International Inc. has appointed Hector Orozco to partner responsible for the company’s Vancouver office.    Orozco will develop KOM’s West Coast market. He is […]

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