The Port of Vancouver handled a record volume of containers in 2021, but the biggest driver was the export of empties headed back to Asia.
FreightWaves has partnered with S&P Global Commodity Insights for a one-hour webinar on Thursday, March 31 starting at 10 a.m. ET to discuss the container freight markets, supply chain issues, […]
Federal regulators will begin to assess how container lines are serving U.S. exporters.
Congestion could go from bad to worse as liners steer a record number of container ships toward East Coast ports.
Racing a car at 223 mph is insane and so is the logistics that makes it possible. Get ready for the F1 season.
California ports make progress on bottlenecks, but Chinese lockdowns could spur “hockey stick” import rise.
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
AskWaves looks at the rankings of the world’s top container ports
COVID lockdowns haven’t closed Chinese ports yet. If they do, U.S. importers face “shockwave” of higher rates and delays.
The Alabama State Port Authority will receive $265 million from the 2022 federal spending bill and a $38 million grant from the U.S. Department of Transportation.
COVID has been great for container shipping, terrible for cruising. What does this mean to MSC, which is big in both?
Liner company Zim expects to rake in a billion dollars more this year than in record-setting 2021.
Longshoremen along the U.S. West Coast say they won’t touch any shipments for Russia.
Invasion and price spikes could destroy demand, weaken consumer confidence and curb cargo volumes, warns BIMCO.
The cost of the fuel consumed by the world’s commercial ships has skyrocketed — and it’s still rising.
Kuehne + Nagel is the biggest air and ocean logistics provider and it’s pushing the right buttons for fast growth.
Tanker stocks favored by retail traders post big gains, while most container and dry bulk stocks hold steady.
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
Pandemic gridlock, the Ever Given, COVID outbreaks, container shortages, flooding, Ukraine. The next shoe to drop: a labor dispute.
Container lines and tanker owners rapidly and preemptively suspend business with Russia.
Container lines, shipowners and shippers have a new way to navigate the market chaos: cleared freight futures.
The container port business is booming and the big are getting bigger, particularly in China.
Break bulk cargo with commodities of plywood, steel and rubber boosted volumes at U.S. Gulf Coast ports in January.
The Biden administration has outlined 62 policy initiatives affecting trucking, rail, and maritime in a one-year vulnerability assessment.
There are now more container ships waiting off East and Gulf Coast ports than there are off Los Angeles/Long Beach.
Several trade and transport groups claim ocean carriers should lose special antitrust privileges and face stricter regulatory enforcement of shipping laws.
Tanker and dry bulk trades could be disrupted; container shipping faces heightened risk of cyberattacks.
Port Houston’s steel cargo exports recorded a 1,874% year-over-year increase.
The more ocean shipping is in the news, the more attention it gets from tech founders and investors.
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
After last year’s historic run-up, factories are producing fewer containers and pricing of new boxes is down.
A one-on-one talk with the head of maritime operations for the Port of New York/New Jersey.
Jefferies analyst Randy Giveans maintains that container shipping stocks still have a lot more room to run.
Xeneta CEO Patrik Berglund explains how carrier negotiating power has changed the annual contracting equation.
Long-term contract rates are at record highs. Shipping lines hold all the cards at the negotiating table.
COVID container boom continues: Maersk may earn even more this year than in record-trouncing 2021.
The number of ships waiting off Los Angeles/Long Beach fell 23% over the past week.
The cost of ship fuel looks like it’s about to topple records set in 2012 and 2008.
Bipartisan legislation introduced in the U.S. Senate would give maritime regulators power to shift the carrier-shipper balance.
Accusations fly as shipping lines rake in billions, but the numbers imply more carrier competition, not less.
Barring an economic downturn, U.S. demand could still be squeezing ports a year from now.
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
Carrier profits are reaching previously unimaginable heights as supply chain disruptions supercharge gains.
Legislation affecting the world’s largest gantry crane manufacturer brings supply chain risks along with it, according to a port security expert.
SoCal imports suffering multimonth slide, not because of falling demand, but because of supply chain bottlenecks.
An attack on Ukraine could hike costs for shipowners and cargo shippers across the globe.
Shippers are “fed up” with the West Coast logjam and “happy” to pay extra for East Coast destinations.
Family comes first for Lionel van der Walt, who has left PayCargo.
Could container shipping and tanker stocks end 2022 very differently than they began it?
For bulk commodity shipping, a rough start to the year. For container shipping, the profit bonanza continues.
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
FedEx Logistics is the latest company to find an alternative to big-port congestion by taking freight business to the Port of Hueneme in California.
No letup yet: It’s taking even longer for Asian exports to get across Pacific to American buyers.
DOT Secretary Pete Buttigieg touted holiday season wins at the ports of LA and Long Beach while addressing shipping-sector prices.
Shares of Zim are flirting with a new peak while shares of ship-leasing, dry bulk and tanker companies lose ground.
The Biden administration wants consumer protection regulators to examine whether giant retailers are creating supply chain distortions for smaller businesses.
Popular interest in the supply chain may have faded, but the pileup of ships waiting offshore keeps growing.
A small COVID outbreak is curtailing industrial operations in the Chinese city of Ningbo and the port could soon feel the ripple effects.
New barometer from NY Federal Reserve highlights how extreme supply chain crunch has become.
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
Agriculture exporters on the West Coast are feeling neglected by ocean carriers. The Port of Oakland is trying to make more equipment available so they can ship their goods.
How could the consensus — that container spot rates will remain extremely high — be wrong?
Small ports were one solution for big-port problems in 2021. Shippers that could find a vessel were able to get their cargo processed quickly by shifting to a secondary port.
MSC sues Deere, patent owner sues six shipping lines, box-overboard cases pile up, and Hanjin’s ghost tries to collect.
There has never been a year like this for container shipping. Here are the biggest stories of 2021.
Shipping lines are flush with cash and using it to expand into logistics services.
After an exceptional year for ocean shipping, the data points to more action ahead in 2022.
Logistics companies like C.H. Robinson are deploying employee to open certain containers and sort out time-sensitive items
Carriers and shippers are turning to East Coast ports as Los Angeles/Long Beach remains mired in congestion.
The White House is asking carriers to play nice with exporters, but next year Congress may give it a hammer to use if shipping practices don’t change.
Port Hueneme is an example of a niche port that is attracting more container shipments because of bottlenecks at big seaports.
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
Import demand remains exceptionally strong but volumes through America’s largest port are falling.
SoCal port crunch “has really become as bad as it’s ever been,” reports industry veteran Jon Monroe.
After brief reprieve, trans-Pacific shipping rates head back up, pointing to ongoing supply chain pressure.
Some public shipowners are turning toward more diverse fleets. Others are moving in the opposite direction.
In addition to 40 waiting close to shore, another 56 farther out
The number of ships waiting to berth at the Port of Vancouver reached 60 as congestion continues while rail service slowly recovers from storms.
Controversial plan to charge for containers lingering on terminals keeps getting delayed. Yet containers still linger.
The World Shipping Council warns of too much government intrusion while taking heat for sky-high carrier profits.
The Friend of the Sea program calls on the international maritime sector to act immediately to prevent ship-whale collisions.
Container, dry bulk and tanker stocks are down from recent highs. Temporary setback or something more?
A container vessel made an emergency call at a Mexican port so sailors could seek medical attention for COVID-19.
Marine Exchange now counts ships waiting farther out to sea, confirming just how big the backlog really is.
Atypical ways to help employees feel supported and invested in by the company, Walmart’s new container plan, and quarterly analysis of 3PLs.
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
Despite claims to the contrary, the ship backlog is not getting smaller. Vessels are waiting on both sides of the Pacific.
Here’s how omicron variant could impact tanker, container and dry bulk shipping rates.
Record number of container ships waiting but they’re harder to see, as new plan spreads queue across Pacific.
Price of low-sulfur fuel is rising faster than high-sulfur fuel. Ships with scrubbers stand to gain.
Ship arrival data confirms seasonal surge to Southern California has ebbed — even as port congestion has risen.
Zim’s profits are still going up — way up — despite more vessels getting snared in West Coast port gridlock.
16 companies control 80% of the world’s liner shipping, container production and box-leasing capacity
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
Los Angeles and Long Beach hold off on charging highly controversial fee on import containers.
Air transport is usually the mode of last resort because it is expensive. The pandemic has turned that thinking upside down.
Rates expected to remain strong into 2022, fallout from new ship deliveries in 2023-2024 to be muted.
Desperate times call for desperate measures, and Georgia port officials are pulling every lever possible to reduce shipping delays that are having a national impact.
Just five days before emergency SoCal container fee is set to begin, offshore traffic jam reaches new heights.
A small number of non-U.S. entities determine vessel and container levels for U.S. ocean supply chains.
