container shipping

California congestion hits charter rates as ship operators waste millions waiting to get to terminals.

The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.

Virtually every U.S.-listed shipping stock fell on a day that the S&P 500 hit a record high.

Maersk expands air business after earning more in a single quarter than in any prior full year.

Shippers, carriers and logistics companies aren’t getting many answers yet about hefty surcharges for lingering containers at the ports of Los Angeles and Long Beach.

Trans-Pacific container shipping rates remain exceptionally strong despite a dip earlier this month.

Biden-backed plan to tackle container congestion could make logjam even worse, critics believe.

Media coverage increasingly links consumer price inflation to container shipping and supply chain chaos.

It’s no coincidence that spiking trans-Pacific trade coincides with more boxes overboard and more shipping accidents.

Ocean cargo shippers are paying more than they ever have before for the worst service they’ve ever experienced.

California port congestion is as bad as ever. Some imports have been stranded offshore for over a month.

Port volumes across the Gulf Coast were boosted in September by exports of petroleum and steel and imports of refrigerated cargo.

The ocean shipping boom is spreading across vessel types. Spot LNG shipping rates just topped $150,000 per day.

The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.

Every facet of the supply chain must be participating in an equal fashion in order to successfully complete the 90-day sprint.

Liner deals in the ship-leasing market imply strong confidence in high freight rates for the foreseeable future.

As America struggles with a growing supply chain crisis, ocean carriers rake in even more profits.

Pullback in trans-Pacific shipping rates: beginning of the end or brief reprieve with end still not in sight?

New forecasts from the National Retail Federation call for retail imports to stay high through at least February.

Shipping Asia-U.S. via regular ocean service and rail? “I would bet your goods will not arrive in time for Christmas,” says Flexport’s Nerijus Poskus.

Los Angeles is at the front line of the port congestion crisis. Its executive director outlines his strategy to clear anchorages.

How will public view ships anchored off Los Angeles/Long Beach if one of them is tied to Huntington Beach spill?

With no end in sight for global supply chain crisis, importers warned to brace for high costs throughout next year.

According to customs data, the share of empty exports to total exports leaving the Port of Los Angeles is up over 10% and leaving at a faster rate compared to pre-pandemic levels.

The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.

Containerized exports continue to struggle but overall, U.S. exports are rising. Sales are at record levels for some commodities.

With disruptions likely to linger well into 2022, intermodal equipment provider DCLI sees the labor shortfall as the biggest hurdle in the supply chain.

Steve Ferreira looks at the continuation of the container crisis on this episode of Navigate B2B.

As some Chinese factories go dark, more delays for container imports but bullish sign for coal, LNG and oil shipping.

Trans-Pacific traffic snarl is bicoastal: More container ships waiting off Shanghai and Ningbo than Southern California.

Nike shoes may symbolize speed on the track, but its business has been slowed by shipping and production delays.

One of the largest container terminals in Southern California is testing a system for 24-hour cargo pickup.

Southern California ports would need two weeks with zero vessel arrivals to clear logjam — but the ships keep coming.

Port Houston saw a spike in imports and exports of steel and imports of general cargo during the month.

Dry bulk shares suffer double-digit declines, with tanker and container stocks also caught up in the sell-off.

“One of the most remarkable asset plays in recent memory.” – Ship brokerage Compass Maritime

Liner profits still rising: second half looks stronger than first and Deutsche Bank sees even higher earnings next year.

The port recently added more Asia vessel calls as more shippers seek uncongested gateways servicing North American markets.

The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.

Supply chain crisis deepens as more imports snared in historic ship queue off Los Angeles/Long Beach.

Ocean carrier detention and demurrage practices will be the target of an upcoming proposed rule from the Federal Maritime Commission.

Container ships named The Brady, The Belichick and The Gronk just sold for six to eight times their purchase price, spurring a nine-figure payday.

Dry bulk and LNG shipping stocks now at 52-week peaks with container stocks not far from the top.

Demand for container ships is so extreme that some operators are paying unprecedented sums to rent them.

In unprecedented move, CMA CGM unilaterally halts rate increases until February amid rising global supply chain chaos.

Recent earnings reports from retailers exhibited improved inventory positions compared to a year ago. However, the comps show merchandise levels are still lagging sales by a wide margin.

The maritime meeting among trade partners comes as container shipping remains hot.

Plans for the Louisiana International Terminal call for a 350-acre container facility capable of handling 2 million twenty-foot equivalent units annually.

New details on record 2019 cocaine haul aboard MSC Gayane — which may not have been the first run — as U.S. wraps up convictions.

The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.

Virginia’s competitive advantages: a naturally deep harbor, semi-automated terminals and its own, newer chassis pool.

Cosco and MSC fight back against accusations that they inflated rates, violated contracts and broke U.S. law.

More container ships are stuck at anchor off California than ever before. The gridlock is about to get even worse.

C.H. Robinson announces a drayage surcharge at most of the nation’s biggest container ports as international drayage carriers have implemented congestion fees.

Discount chain Dollar Tree expects the positive impact from heightened consumer demand to be totally offset by elevated transportation expenses this year.

As stimulus-fueled demand overwhelms trans-Pacific capacity, a widening freight spread leaves small shippers behind.

The New York Shipping Exchange, a digital trading platform for two-way committed ocean contracts, announced it raised $15 million in its latest funding round.

Container mega-spike recalls epic dry bulk run over a decade ago. Here’s a look back at the last time shipping had it this good.

Port Houston’s year-to-date container traffic increased 15% in TEUs compared to the first six months in 2020.

As this year’s peak season gets underway, dislocations in the supply chain are increasing. However, this is really nothing new as the industry has been in peak mode for a year.

Demand for new containers has been historically high. Even so, the Chinese factories that build the world’s boxes are churning them out efficiently.

Ocean carrier ZIM now expects to earn $4.8 billion-$5.2 billion this year — five times what it earned in 2020.

Port of Los Angeles boss warns: ‘Anchorage and dwell times are trending in the wrong direction.’

Ocean carriers adjust to the partial port closing in Ningbo, China, with minimal disruption so far. Operations could soon return to full speed if COVID remains at bay.

Queue of container ships off U.S. ports keeps building, with months’ worth of peak-season cargo still to unload.

The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.

Canadian Tire is acquiring a 25% stake in Ashcroft Terminal in a deal that will allow the retailer to move containers from the Port of Vancouver more efficiently, while securing rail capacity.

Plaquemines Port announced it has found the site for its state-of-the-art container terminal that will be able to handle vessels carrying up to 22,000 TEUs.

Port Houston’s biggest international trade partners were China, Mexico and Brazil during the first half of the year.

Bipartisan bill in Congress makes reforms to U.S. shipping regulations for the first time since 1998.

Maersk results offer more evidence that capacity constraints and U.S. — not worldwide — demand drive rates.

A U.S. manufacturer defends its complaint filed against container ship giant MSC with the Federal Maritime Commission despite the carrier’s denial of contract violations.

“Be careful what you wish for,” warns industry expert Lars Jensen of proposals to rein in container shipping’s boom.

Los Angeles’ port boss speaks to American Shipper about congestion challenges — and potential release valves.

Container giant earned $5.1 billion in the second quarter and expects earnings of $18 billion-$19.5 billion for the year.

U.S. inventory-to-sales ratio still historically low as key import source — China — faces growing delta variant risk.

The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.

An American company has accused foreign ocean carriers of abusing the container market to pad their profits.

Almost no container ships were stuck at anchor when 2020 peak season began. This peak season, terminals are pre-clogged.

We have a new winner in the ocean shipping game of “How High Can Rates Go?” — about 15 times higher than before the COVID crisis.

Disparities between container index prices wider than ever after big course correction by Freightos.

The scramble for container capacity is growing even more intense

U.S. shippers this holiday season will need more than Rudolph’s red nose to guide them through the whiteout of congestion.

Despite all-time-high container production, demand continues to outpace supply and new box prices keep rising.

JAXPORT saw a 15% increase in container volume and a 20% growth in vehicle volumes for the first three quarters of its 2021 fiscal year, the Florida port said Monday.

Shanghai, the largest container port in the world, has stopped operations because of a big storm.

The chairman of the Federal Maritime Commission defends the lack of fines levied in 2020 while requesting a funding boost for 2022.

Kuehne + Nagel is one of the largest third-party logistics providers in the world and it got larger in the second quarter.

The numbers are in on shipping executive pay – and they’re big

Despite epic container rates and hefty dry bulk profits, stocks fell by double digits over the past three weeks.

The container crisis continues and Steve Ferreira looks for relief.

Industrial chemicals, petroleum coke and dry bulk led the way in June

The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.

Container ships in the congestion-plagued trans-Pacific trade have stepped on the gas, with some vessels now topping 20 knots.

Total June container volume was 292,627 TEUs, a 39% increase compared to the same month in 2020.

Wave of cargo delayed by COVID outbreak in Yantian, China, is starting to hit California’s already strained terminals.

The Federal Maritime Commission has partnered with the DOJ to pursue competition violations.

An in-depth look at CEO compensation in container shipping, bulk shipping and the cruise industry

More than 3 months after getting stuck in Suez Canal, container ship, cargo and crew are moving again

The Upside Down is a parallel universe inhabited by the Demogorgon in the Netflix series “Stranger Things.” In the real world, shippers that don’t want to get eaten by ocean carriers are fleeing to air cargo.