The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
The scramble for container capacity is growing even more intense
Intermodal shipping is dominated by the largest shippers in the U.S. and operates on a more static network, which gains higher cost efficiency than trucking over longer-mileage runs.
The import boom appears far from over, and it will have implications long after this wave of unprecedented orders subsides.
Shipping containers are known for their long-term durability — here’s a closer look.
The U.S. Maritime Administration (MARAD) has announced more than $7.5 million in grants for nine “marine highway” projects.
Even a full U.S.-China trade deal might not stop shippers moving production out of China. But is the U.S. a realistic option?
Shippers believe container line consortia are anti-competitive and lack transparency.
Focus on profitability over market share bears fruit for Danish container shipping giant.
Capacity cuts by lines and higher bunker surcharges as IMO 2020 low sulfur fuels are phased in are fueling box freight rate inflation.
Transit times of 10-12 days are promised on the new service from DHL Global Forwarding.
Shippers will shun container lines that lack transparency or overcharge for low-sulfur fuels.
French calls for mandatory slow steaming continue, but the introduction of low-sulfur bunkers could see container lines accelerate services as fuel markets are played for competitive advantage.
Asia-Europe demand has been strong for much of the year, but spot rates have tumbled as some lines have cut rates. With demand weakening, carriers are poorly placed ahead of annual contract negotiations, says Drewry.
An influx of new container ships has hiked the average size of vessels deployed on the trans-Pacific and Asia-Europe trades, reports Alphaliner.
The transfer of production out of China to avoid U.S. tariffs of up to 25% is having a tangible impact on global trade flows.
The start of the box shipping slack season commences next week when Chinese factories close for the Golden Week holiday. Further spot rate losses are predicted by Alphaliner.
At 400 meters in length, the CMA CGM Jacques Saade has capacity for over 23,000 containers.
The shipping giant has teamed up with JDA to boost warehouse and supply chain visibility
According to an MSI analyst, a key mainline container trade hardly bumped this summer – and the forward outlook for carriers is less than upbeat.
Carriers are set to withdraw more Asia-Europe sailings in Q4 as excess capacity drags on freight rates.
A recent inspection found that over half of containers had at least one deficiency.
Does container shipping have a drug problem? After a string of busts in the U.S. in recent months, attention has now switched to the U.K., where authorities have seized 1,279 […]
A Chicago startup has proposed using crane rails to move containers in and out of terminals to ease congestion in the era of mega-ships.
Seaspan says high demand for containerships has shielded it from the U.S.-China trade war.
Shippers in the maritime market can choose between a carrier-owned container or a shipper-owned container, with each business model holding certain advantages over the other based on availability and the freight corridor in question.
Rates are rising for bulkers and gas carriers, while container pricing on the trans-Pacific is showing signs of life.
On April 4 , President Trump said he is giving Mexico a “one-year warning” before closing the southern border. This is an overview of what a closed border might look like.
MatchBack Systems provides an innovative approach to manage shipping container costs and improve efficiency optimization through the use of matchbacks.
A senior representative of CAI International Inc. spoke on the company’s focus on refrigerated container units in the retail supply chain at the 2019 LINK supply chain conference.
Foxconn Technology Group (OTC US: FXCNY) created more uncertainty for its suppliers on Friday when it announced that it’s recommitting to building a liquid crystal display monitor (LCD) factory in Mount Pleasant, Wisconsin according to the Wall Street Journal.
A look at just how many shipping containers are lost at sea each year.
Amid sluggish freight rates and oil prices, overcapacity issues, and the Baltic Dry Index pointing to a looming slowdown in global trade growth, finding innovative ways to solve repositioning problems is now a major part of a wider effort to reduce costs in the container-shipping industry.