Containerized shipping

Nike has remained a popular shoe brand for decades (Photo: AP File/Matt Rourke)

Imported container volumes to LA are up this week after taking a drop in the beginning of Q4, allowing the surface transportation market to start to recover leading into peak season.

Ontario, California, makes a full recovery of outbound volume, and the spread between rates to import to the East and West coasts increases.

Phoenix and Denver are both seeing an uptick in outbound volumes days after the holiday drop, and capacity in Elizabeth, New Jersey, handles the increased port volume.

Detroit sees at least a 20% decrease in both inbound and outbound volumes, and imports to the Northeast are slow to transition to the truckload market.

President Biden underscored his support for ocean shipping reform as he prepares to speak at the Port of LA. Here’s a rundown of major efforts the administration has taken to date to ease supply chain disruption.

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

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

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

Container ship freed from Chesapeake Bay more than a month after it ran aground

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

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

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

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

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

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

An attack on Ukraine could hike costs for shipowners and cargo shippers across the globe.

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

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

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

In addition to 40 waiting close to shore, another 56 farther out

The Friend of the Sea program calls on the international maritime sector to act immediately to prevent ship-whale collisions.

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

Marine fuel price up 47% since the beginning of the year

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.

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

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

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

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

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

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

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

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

Container Ship Fleet Size by Nationality of Operation

U.S. food trade group tells maritime regulators that carrier profits do not justify added fees.

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

The containers that U.S. shippers need are all built in China, where factories could set a new production record this year.

2002: The Port of Oakland gears up intermodal capabilities to catch up with in-state rivals Los Angeles and Long Beach.

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

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

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

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

Three Chinese companies — CIMC, DFIC and CXIC — produce about 80% of the world’s containers.

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

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

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

NYSHEX aims to eliminate ambiguity from containerized freight contracts. ‘We make it crystal clear exactly what the carriers and shippers are going to do.’

“Not only are we at the height of the Christmas season, but we’re at the height of the Y2K concern as well. Importers and major trading houses are trying to move their goods now to beat any chance of problems with the changeover to the new millennium.”

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

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

Shipping containers are known for their long-term durability — here’s a closer look.

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

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

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

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

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

Cargo mix and larger locks kept Panama Canal volumes rising despite headwinds.

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

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

CMA CGM bonds that traded at 55 cents on the dollar in March are now trading near par.

The new unit can pass over stacks of boxes four high (48 feet) and five wide (plus a truck lane, a total of 69 feet).

Pandemic yet to heavily impact Caribbean container transshipment but fallout looms.

Pandemic pressures on tourism, oil and textiles squeeze Caribbean cargo demand.

Website and the online booking platform of MSC have gone offline but fallout appears contained.

More booking cancellations equal more ocean-service cancellations equal more delivery uncertainty.

The fast growing forwarder Flexport was awarded sixth place in FreightWaves 2020 FreightTech 25 competition.

Lorenzo Shipping took drastic action to begin stemming its losses. But the emphasis is on “begin”. There’s still a long way to go, as Lorenzo is currently on track for a multi-million dollar loss

ZIM reported a $5 million profit in the third quarter of 2019, saying it benefited from its cooperation with Maersk and MSC.

Northern Asia is again in the cross-hairs of an extreme weather event as Typhoon Mitag bears down on some of the busiest box ports in the world.