Legislation approved by the House gives the Federal Maritime Commission more power to investigate potential container market manipulation by China.
Disparities between container index prices wider than ever after big course correction by Freightos.
Ocean Network Express takes giant profitability leap — from $5 million to $944 million year-over-year.
Hong Kong-based container carrier moves 1.94 million TEUs during the third quarter of 2020.
Eight-year-old company working with storied shipping group to make indices available for financial products
Maritime carriers are leaving up to US$110 on the table every time they carry a box, according to research from startup MizzenIT. And that means ocean carriers could be missing out on hundreds of millions of dollars a year simply by not charging the right price.
BIMCO says there are “several indications” that goods are being shipped from the Far East to Europe and then transshipped to the U.S. East Coast to avoid tariffs.
DB Schenker’s head of Americas says uncertainty arising from events such as the U.S.-China tariff war means shippers will increasingly need to source from multiple countries and adjust inventory.
