containers News Updates

BusinessEquipmentLogistics

Supply Chain to Remain Backed Up Until 2022, Experts Say

Imported cargo shipments to the U.S. are expected to remain at a record or near-record levels for several more months as consumer spending continues to restart the pandemic-damaged economy. But industry experts say all of that buying is clogging an already overtaxed supply chain.

June 9, 2021
BusinessLogistics

Shipping Container Crunch Shows Signs of Easing, Index Shows

A global shortage of shipping containers that has sent ocean freight rates skyrocketing shows signs of easing, according to an index that tracks the steel boxes used to transport 90% of the global trade in goods.

January 25, 2021
GovernmentBusinessLogistics

Vital World Trade Route Roiled by Container Crunch

The humble shipping container has a new status in the COVID-19 pandemic: hot commodity.

November 9, 2020
BusinessTechnologyLogistics

WiseTech Global Acquires Singapore Firm Containerchain

WiseTech Global, a logistics company based in Sydney, has acquired Containerchain, a container logistics provider that does business in Asia, Europe and the United States, according to a WiseTech news release.

March 8, 2019
GovernmentBusiness

Volume Growth Continues at Nation's Ports as US, China Resume Trade Talks

The nation’s ports continued to see steady growth in November cargo volume, as shippers moved goods to the United States from overseas in advance of the holiday shopping season and rushed to get cargo stateside ahead of expected tariffs on shipments from China.

December 27, 2018
Business

Blackstone, KKR Said to Pursue $1 Billion Container Terminal

Cosco Shipping Holdings Co.’s sale of a container terminal in Long Beach, Calif., has drawn interest from potential buyers, including Blackstone Group LP and KKR & Co., people familiar with the matter said.

December 13, 2018
GovernmentBusinessLogistics

Nation’s Ports Booming Amid Strong Economy

September and October were record months for many of the nation’s ports as shippers prepared for a busy holiday shopping season and rushed to get cargo into the U.S. ahead of the Trump administration’s tariffs against several nations, including China.

November 19, 2018
TechnologyLogisticsTop 100

Container Farms: A New Type of Agriculture

Innovators within the produce industry are breaking the boundaries of food production — by growing crops not in fields, but in recycled shipping containers.

August 20, 2018
BusinessEquipment

Steamship Line Hapag-Lloyd Raises Fees

Steamship line Hapag-Lloyd will increase fees to transport freight to the United States and cross-border freight from Canada. Cargo between Canada and the United States will be subject to a carbon tax.

February 20, 2018
BusinessEquipmentLogistics

Port of Long Beach Sets Record for Container Volume in a Year

The Port of Long Beach recovered from a rocky 2016 with a record-setting year in 2017, moving 7.5 million industry-standard twenty-foot-equivalent units, the port’s leader announced at the State of the Port address Jan. 24.

January 25, 2018