SHIPPING
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Vessel delays, terminal congestion showing signs of improvement
June 2, 2022 - Vessel delays are finally abating somewhat, and the terminal congestion indicators are also showing signs of...
CMA CGM continues Latin America expansion with new Asia-Mexico connection
June 2, 2022 - CMA CGM has announced the launch of a new service connecting Asia and Latin America as part of its expansion plans in...
CMA CGM stops transporting plastic waste as of June 1
June 1, 2022 - CMA CGM will no longer be transporting plastic waste on board its ships as of June 1 as part of its continued push for...
China's major ports see steady growth in container throughput in May
June 1, 2022 - China's major ports handled over 23 million twenty-foot equivalent units (TEUs) of containers in May, up 4.2% ...
Sea-Intel: Schedule reliability drops again in April after March recovery
June 1, 2022 - The improvement reversed in container line schedule reliability in March was reversed in April, according to a new...
Hapag-Lloyd acquires container liner business of Africa's Deutsche Afrika-Linien
June 1, 2022 Hapag-Lloyd announced that it closed the acquisition of the container liner business of German carrier Deutsche...
Canadian Pacific announces multi-year agreement with CMA CGM
May 31, 2022 Canadian Pacific (CP) has announced a new, "multi-year" agreement with CMA CGM Group, which will mak...
Xeneta: Shipping costs soar as long-term rates race 150% up year-on-year
May 31, 2022 May saw the highest ever monthly increase in long-term contracted ocean freight rates, as the cost of locking in...
Port of LA, Long Beach put “Container Dwell Fee” on hold until June 3
May 27, 2022 The San Pedro Bay ports of Long Beach and Los Angeles once again announced a delay in the consideration of the...
Flexport: Shipping demand picking up, congestion impacting Asia-Europe capacity
May 26, 2022 Demand is picking up between the Asia-Europe shipping route, according to a recent report by Flexport, but congestion...
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