The container shipping market has become used to cyclicality over the decades, and it experienced an unprecedented peak in 2021 and 2022 with record rates and profits for liners. But with consumers ...
A perfect storm in global trade is creating a shipping container capacity crunch, fueling a sudden and surprise spike in ocean freight rates. The beginning of peak shipping season, coupled with the ...
While drama in the container shipping sector has calmed a bit, container carriers still wrestle with unexpected drops in demand. Peter Sand, Xeneta, discusses vessel capacity moves and their likely ...
We’ll send you a myFT Daily Digest email rounding up the latest Shipping news every morning. The world’s two largest container shipping alliances on Tuesday announced major service reductions, marking ...
July was a standout month for Port Houston’s public terminals, with double-digit growth in key sectors that pushed year-to-date totals to new heights. Container volumes for July were up are markable ...
The outlook for shipping remains mixed. Cargo growth is weak, but capacity is currently the most important factor to watch. While the container segment is bracing for a flood of capacity, the order ...
This article is brought to you by our exclusive subscriber partnership with our sister title USA Today, and has been written by our American colleagues. It does not necessarily reflect the view of The ...
A supply and demand imbalance continues to weaken pricing on U.S. container trade routes as ocean carriers chase a softer market with more ships, particularly to the U.S. East Coast, Xeneta data shows ...
The Georgia-based port has approved several projects that will add more container units this year. The Georgia Ports Authority has approved capital improvement projects that will expand shipping ...
An ocean container capacity crunch has hit global trade just as peak shipping season starts, with freight spot rates up some 30% over the past few weeks and heading higher. Bad weather, longer ocean ...
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