Container shipping is set to face a crunch ahead of the Lunar New Year holiday as Houthi attacks in the Red Sea restrict capacity, a major industry consultant said.Â
January 8, 2024Search
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Spot Container Shipping Rates Soar 173% on Red Sea Threats
Short-term rates for container shipping between Asia, Europe and the U.S. are climbing on reduced capacity caused by the threats to cargo vessels in the Red Sea.
January 4, 2024Ports Report Mixed Results in November
An economy that is returning to more balanced spending between goods and services was reflected in mixed November results across the nation’s ports, as container volumes stabilized even as shippers moved goods in anticipation of a busy holiday shopping season.
January 2, 2024California Pollution Rule Aimed at Logistics Upheld by Judge
A judge has denied a challenge to the South Coast Air Quality Management District's landmark rule intended to clear Southern California skies of exhaust tied to the logistics industry.
December 20, 2023Red Sea Chaos Has Shippers Bracing for Weeks Without Route
The global shipping industry is bracing for the prospect of living without its most important trade route for weeks.
December 19, 2023Maersk Sails South of Africa to Avoid Red Sea Conflict Area
Shipping giant A.P. Moller-Maersk A/S will redirect its vessels to sail south of Africa to avoid the Red Sea conflict area where Houthi militants have attacked several ships.
December 19, 2023Railroads Urge Border Officials to Reopen US-Mexico Crossings
Railroads are calling for U.S. Customs and Border Protection to reopen U.S.-Mexico rail crossings at El Paso and Eagle Pass, Texas.
December 18, 2023Southwest Reaches $140 Million Settlement for 2022 Meltdown
Southwest Airlines has come to a $140 million agreement to settle an investigation into a December 2022 incident when the airline canceled thousands of flights over the holidays.
December 18, 2023Donated Project at Mexican Border to Improve Cargo Processing
Processing cargo from Mexico is expected to improve at a border land port of entry in Los Indios, Texas, due to a $1.5 million project donated to the federal government.
December 14, 2023Congress OKs Bill Ensuring Truck Access to Military Bases
Congress has advanced a comprehensive Pentagon policy bill with provisions specific to trucking, clearing the measure for enactment before the legislative body adjourns.
December 14, 2023