Cosco says blacklisting won’t affect US services ‘at all’
Washington added China’s Cosco shipping line and two of its largest shipbuilders to a blacklist of companies it said were directly tied to the People’s Republic of China military apparatus.
Washington added China’s Cosco shipping line and two of its largest shipbuilders to a blacklist of companies it said were directly tied to the People’s Republic of China military apparatus.
Israel and Hamas agreed to a ceasefire, raising questions as to when major container lines will return to the Red Sea.
“In mature markets like the U.S., data accuracy and completeness are critical to building trust and delivering value,” said Shippeo co-founder Lucien Besse.
Container rates from Asia to the United States are in a holding pattern after an East Coast longshore strike was averted.
The Port of Los Angeles has appointed Jeffrey Strafford as chief financial officer at the busiest U.S. container port.
CMA CGM is adding a call in Salerno, Italy, on its service linking the Mediterranean and North America.
China’s largest ocean carrier forecast record profits as Red Sea disruptions helped keep freight rates high.
The Environmental Protection Agency has awarded the public-private Louisiana International Terminal project $1 million toward its Sustainability Management Plan.
Container volumes through U.S. gateway are forecast to stay ahead of year-ago levels, according to the National Retail Federation’s Global Port Tracker.
French carrier CMA CGM rolled out three peak season surcharges for U.S.-bound containers.
Sixteen Republicans have signed on to a bill that would pave the way for soon-to-be President Donald Trump to put the Panama Canal back under U.S. control.
Trans-Pacific container rates increased sharply to start 2025, according to analyst Freightos, as importers brought shipments forward ahead of Lunar New Year.
The head of the United States Maritime Alliance cited President-elect Donald Trump’s leadership for helping reach agreement on a new longshore contract.
At the Transportation Research Board annual meeting, intermodalists advise and dissent over developments in the freight sector.
A compromise by the ILA and USMX on automation has settled global concerns over a potential strike at U.S. East and Gulf Coast ports.
Weekly U.S. rail traffic showed a slight uptick over 2024 in the first report from the Association of American Railroads for 2025. Overall volume for the week ending Jan. 4 was 421,410 carloads and intermodal units, a 1% increase over the first week a year ago. That included 198,500 carloads, down 4.6%, and 222,910 containers […]
The International Longshoremen’s Association (ILA) and the United States Maritime Alliance (USMX) have reached a tentative agreement on a new six-year master contract. The agreement will replace the expiring contract which had been extended after a short strike in October 2024. The two groups issued a joint statement late Wednesday evening, saying “the two sides […]
Stakeholders at the Transportation Research Board annual meeting gathered to evaluate port performance, a complicated conversation within the supply chain.
Officials with the International Longshoremen’s Association and United States Maritime Alliance met privately to discuss port automation technology.
After a year marked by port congestion, vessel diversions and longshore labor issues, maritime shipping is bracing for the unknown in 2025.
A panel of public and private decision-makers highlighted steps taken to fortify the global supply chain against disruptive events, but said more needs to be done.
CMA CGM has announced several surcharges affecting US container services but delayed one after reports that union dockworkers and port employers would resume contract negotiations.
Maersk this week called on shippers to clear out laden containers ahead of a possible strike by union longshore workers at East and Gulf Coast ports.
The International Longshoremen’s Association and port employers represented by the United States Maritime Alliance are set to resume bargaining on a new contract Jan. 7.
Shippers continue to navigate the known and the unknown as trans-Pacific container rates moved higher as 2024 comes to an end.
Panamanian President José Raúl Mulino rejected President-elect Trump’s claims of Chinese interference and high fees to use the Panama Canal.
The Port of Oakland saw loaded imports post year-over-year gains in November, the 13th straight monthly increase for the Northern California hub.
Liner operator Hapag-Lloyd announced new surcharges ahead of a possible
January strike by the International Longshoremen’s Association at East and Gulf Coast ports.
Frontloading by importers ahead of 2025 helped Asia-U.S. ocean freight rates stay elevated into mid-December.
Liner operator Yang Ming of Taiwan announced plans to modernize its fleet with orders for as many as 13 newbuildings.
Gatego was founded by CEO Adrian Garcia, whose firsthand experience in his family’s trailer yards highlighted the inefficiencies of traditional systems.
Port Authority of New York and New Jersey announced the unanimous re-election of Chairman Kevin O’Toole.
American forces said friendly fire was responsible for shooting down an F/A-18 Hornet fighter jet during military operations battling Iran-backed Houthi rebels in the Red Sea.
Import demand has increased over the past two years as companies have largely corrected inventories and navigated treacherous waters in the maritime industry.
Norfolk Southern has tabbed investment banker Michael Barr as vice president of investor relations and treasurer.
Fears of new tariffs and a strike at East Coast ports combined to push up ocean container rates on Asia-U.S. routes in December.
Shippers would have to move 10% of all seagoing Chinese imports on U.S.-flagged and -crewed vessels under the terms of proposed bipartisan legislation.
Intermodal continues to pace weekly U.S. rail traffic while carloads edged downward, according to the Association of American Railroads.
The International Longshoremen’s Association has the backing of President-elect Trump in its contract fight with East and Gulf Coast port employers, who may yet have the final say.
A newly completed CPKC rail bridge linking the U.S. and Mexico is expected to double capacity for cross-border trade.
The rebel militia that has spent the past year terrorizing Red Sea shipping may be taking a new tack as events unfold in the Mideast.
Continuing consumer demand and frontloading by importers in November helped the Port of Los Angeles to double-digit gains in container volumes.
American military forces protecting Red Sea shipping launched an airstrike against Houthi rebel bases inside Yemen.
Credit evaluator Fitch Ratings is changing its outlook for global container shipping in a move that could make it easier for vessel operators to issue debt or borrow money.
President-elect Donald Trump over the weekend again backed union dockworkers in their fight to block automation technology at East and Gulf Coast container ports.
The American Apparel & Footwear Association called on port employers and the International Longshoremen’s Association to work out their differences over automation and avoid another strike in January.
U.S. rail traffic is back on track after November swings, with intermodal gains outpacing weaker carloads.
Rates on Asia-U.S. West Coast and Asia-U.S. East Coast container transport fell for the latest week tracked by Freightos but rose by double digits for Asia-Europe/Mediterranean traffic.
The Port of Jacksonville is taking on a larger role in 2025 as ocean container lines add the north Florida hub to their global services.
US forces defeated an attack by Yemen-based Houthi rebels on a trio of merchant ships and two destroyers in the Gulf of Aden.
The National Retail Federation forecasts containerized imports to continue to surge through U.S. ports ahead of a possible longshore strike and tariffs planned by the Trump administration.
Resilient consumer spending and a healthy jobs market underpinned record intermodal volumes through November, a new report finds, as the U.S. economy enjoys stable footing approaching 2025.
A plethora of factors will weigh on container prices in 2025 as shippers manage their businesses in a changing supply chain.
New tariffs by the Trump administration on products from China, Canada and Mexico will hit companies and consumers with increased costs, experts said.
As a January deadline nears, a coalition of exporters and importers calls on East Coast port employers and their longshore union to resume bargaining on a new contract.
With the freight recession seemingly in the rearview mirror, FreightWaves’ transportation market experts advise on how to prepare for 2025.
The International Longshoremen’s Association and United States Maritime Alliance aren’t bargaining, but that hasn’t swayed Polymarket bettors wagering against another dock strike.
A new four-lane bridge is a key piece of a logistics project aimed at making Burns Harbor a destination for international cargo.
The International Longshoremen’s Association and United States Maritime Alliance make claims and counterclaims amid stalled contract negotiations.
Ocean container rates to the U.S. remained steady as shippers maneuver to minimize the effects of higher tariffs and a potential port strike in 2025.
A.P. Moller-Maersk has signed contracts for 20 new dual-fuel container ships set for delivery in 2028-2030.
U.S. Navy warships fought off airborne attacks on a trio of American merchant vessels by Yemen-based Houthi militia.
Container rates to the U.S. West and East coasts stayed above $5,000 per FEU as tariff talk and labor issues shadowed shippers’ plans.
Container volumes in Houston and New Orleans fell in October, while Corpus Christi, Texas, was boosted by crude oil shipments.
Maritime transportation could be vulnerable to remote attacks, the U.S. Coast Guard states in a new security directive.
Terminal operators and ocean carriers at the Port of Montreal have agreed to mediation in bargaining on a new longshore contract.
Israel’s richest man exits Zim shipping as Red Sea attacks send ocean lines’ profits soaring.
There are some delays as Canada’s top import gateways work off backlogs of containers from labor-related shutdowns.
The Port of Los Angeles posted record container volume in October on resilient consumer spending and a strong economy.
Zim saw a decision to leverage its business against spot rates pay off on surging demand in the trans-Pacific trade.
The American Apparel & Footwear Association said the U.S. should do more to protect Mideast shipping as attacks on vessels spur “unsustainable” higher costs and delays.
While railroads for years have talked about growth, the head of a major short line says it’s high time they embraced enterprisewide technology that’s reshaping the transportation industry.
Four new container cranes will help the Port of Virginia handle ultra large container vessels at Virginia International Gateway.
Pilot Flying J named Liz Leon as the company’s 2024 Road Warrior.
The Canada Industrial Relations Board ordered port operations to resume in British Columbia and Montreal after lockouts of union dockworkers halted container traffic.
Supply chain services giant Kuehne+Nagel said it has acquired a majority share of IMC Logistics, a marine drayage provider handling 2 million TEUs per year.
The International Longshoremen’s Association broke off negotiations on a new contract with the United States Maritime Alliance, charging employers want to eliminate union jobs.
Canada Labor Secretary Steven MacKinnon asked the Canada Industrial Relations Board to order operations to resume at the ports of Montreal, Vancouver and Prince Rupert and send employers and longshore unions back to the bargaining table.
Market demand for a range of railcar types boosted revenue and deliveries for FreightCar America in the third quarter, and the builder revised its guidance upward for fiscal 2024.
Terminal operators and ocean carriers on Sunday locked out striking dockworkers at the Port of Montreal after the union said the contract proposal doesn’t address scheduling or automation concerns.
he third-largest ocean container carrier, CMA CGM, saw bottom-line improvement as higher rates on vessel diversions amplified a single-digit volume increase.
Western Canada port employers and their longshore union met separately with a federal mediator Saturday, but the talks ended quickly with no new bargaining scheduled.
As a strike by longshore workers cripples container handling, Port of Montreal employers plan to lock out union employees.
Hurricane Rafael, which struck Cuba as a Category 3 storm, is not expected to hit the United States.
Stakeholders from across the supply chain discussed strategies and opportunities at the third annual Houston International Maritime Conference.
As a strike by dockside workers disrupts container handling, Montreal’s port chief executive calls on Ottawa to force union employees back to work.
Ships are waiting at anchor after port employers at Vancouver and Prince Rupert on Monday locked out union forepersons after contract talks broke down.
Hapag-Lloyd’s dual-fuel-powered container ships will replace older vessels and reduce emissions.
An extensive study by a U.N. panel found that Yemen’s Houthi rebels are taking in as much as $180 million a month in protection money from shipowners.
Hurricane Rafael is expected to take aim at the United States after making landfall in Cuba, but the storm’s possible intensity and damage to the U.S. coast remain unclear.
The Swiss container carrier MSC said it is adjusting the port rotation on its United States to South America east coast service.
Alone among major liner operators, CMA CGM of France has maintained scheduled voyages between Asia, the Mediterranean and North America ports via the turbulent Red Sea.
Employers at the Port of Montreal say they will suspend salary guarantees for striking longshore workers who have shut down two container terminals.
The British Columbia Maritime Employers Association representing ocean carriers and terminal operators plan to lock out union forepersons after the International
Longshore and Warehouse Union rejected a final contract offer.
Ocean shipping and logistics services provider Matson saw improved third quarter profits as higher China and domestic freight rates offset mixed container volumes. Operating income was $227 million for the three months ended Sept. 30, up from $118 million in the year-ago quarter, the Honolulu-based carrier said in an earnings release. Revenue from ocean transportation […]
The rapid expansion of global trade has complicated cross-border payments, adding costs and delays and heightening fraud risk. Financial institutions and fintech firms are implementing digital solutions to enhance transparency and security.
Ocean Network Express posted soaring results in the second quarter on strong demand in the major trades, an early peak season in the U.S. and attacks on the Red Sea trade route.
The parent of container liner operator Maersk turned in quarterly revenue and profits higher than a year ago as attacks on Mideast shipping led to higher operating costs – and higher rates for shippers.
The ONE alliance of container vessel lines posted second-quarter revenue on an early peak shipping season thanks to attacks on a key Mideast route and looming East Coast longshore strike.
The parent of Maersk container line said strong demand for shipping services and higher ocean freight rates fueled growth across all businesses as it raised estimates for full-year results.