The world’s top container carrier is urging customers to move U.S. cargo through East and Gulf Coast ports before the planned start on Oct. 1 of a dockworkers strike.
September 27, 2024Latest News Updates From Brendan Murray
Global Goods Trade Recovery Extends Into Q3, WTO Says
Global merchandise trade is recovering from last year’s slump, the World Trade Organization said, as one of its barometers for activity rose further above the longer-term average pace.
September 4, 2024Container Carrier Profits Soar on Record Volumes, High Rates
The global container shipping industry saw profits surge to more than $10 billion in the second quarter on record volumes and rising freight rates after Red Sea diversions.
September 3, 2024World Container Shipping Rates Keep Rising
Inflation looks to be easing across the developed world, except for one glaring pocket of hot prices: cargo costs on the high seas.
June 14, 2024Ships Diverted From Red Sea Send Ripple Effects Across Globe
Nearly six months into the Houthis’ relentless campaign to protest Israel’s war in Gaza, the economic fallout is widening.
June 3, 2024Some Shipping Container Costs Hit $10,000
Companies transporting goods from Asia face costs of as much $10,000 for an urgent full-size shipping container over the next month — about double current spot rates.
May 29, 2024Trade Strains Boost Ocean Shipping Cargo Rates
Global goods trade is showing signs of accelerating after last year’s slump, pushing up shipping rates and giving some supply chain managers flashbacks to the demand spike three years ago.
May 28, 2024Shipping Giant MSC Vows to Fight ‘Excessive’ $63M FMC Fine
The world’s largest container carrier will push back against a proposed U.S. government fine that would rank among the stiffest penalties handed down by the Washington regulator.
April 10, 2024East Coast Ports Scramble to Absorb Cargo
East Coast ports are modifying their operations to absorb cargo diverted from Baltimore harbor, where salvage specialists are starting to clear debris from the Francis Scott Key Bridge.
April 1, 2024Uber Freight Eyes Tenfold Boost in European Market by 2028
Uber Freight is stepping up efforts to expand in Europe’s fragmented logistics market and aims to increase tenfold to 2 billion euros its freight under management by 2028.
March 12, 2024Trending
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