OOCL announce new service in its Intra-European network
OOCL has announced a new service in its Intra-European Network called "Türkiye Spain Morocco...
Yang Ming says oversupply still dominates maritime market
Yang Ming Marine Transport Corporation (Yang Ming) noted that oversupply still dominates the maritime market in the...
Congestion at ports and increased shipping costs pose unique challenges for U.S. exporters, who have seen the price of shipping containers increase four-fold in just two years. Meanwhile, ocean carriers that are mostly foreign-owned have reported record profits. Amy Klobuchar, U.S. Senator from Minnesota, following passage of the Ocean Shipping Reform Act of 2022.
U.S. Senate passes bill to improve oversight of ocean shipping exports
The United States Senate, in a show of bipartisanism, on April 1, 2022, unanimously passed a bill
AAL releases new sustainability report to drive transparent ESG reporting
AAL Shipping (AAL) has released a comprehensive 2022 Sustainability Report, sharing its activity and strategy across...
Source: GPA Georgia Ports container volumes up 17% from June
The Georgia Ports Authority (GPA) handled 447,590 twenty-foot equivalent container units (TEUs) in July, up 17% from...
Cainiao records 34% revenue growth driven by e-commerce fulfillment
Cainiao Group reported revenue expansion in the first quarter of 2023, driven by growth in e-commerce fulfilment and a...
deugro delivers two oversized heavy lift drum sections from China to France
deugro announced that it transported two oversized heavy-lift drum sections for the pulp and paper industry from China...
Airlines join Maui wildfires relief efforts
US airlines are responding to Maui's wildfire disaster by helping with evacuation and relief efforts. Amer...
Hapag-Lloyd notes continuing risks for the rest of 2023 as it reported slowdown in H1
Hapag-Lloyd noted continuing risks in the market moving into the second half of 2023 as it reported a slowdown in its...
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More and more Asian shippers are routing their waterborne exports to the U.S. through ports in the Gulf of Mexico, notably Houston, in order to avoid the bottlenecks and congestion at other large U.S. gateways.
Asian shippers turn to U.S. Gulf ports
More and more Asian shippers are routing their waterborne exports to the U.S. through ports in the
As fulfillment and delivery rates increase, ecommerce operators are adding surcharges for merchants and pushing consumers away from residential delivery options.
Cost explosion saps e-commerce momentum
Merchants that are using the Fulfillment by Amazon service of the e-commerce behemoth received
Long term rates for US West Coast-Far East reefers at the highest ever level
Long-term rates for reefer containers from the US West Coast to the Far East are at their
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