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Nothing can stop falling trans-Pacific container rates: Analyst
Ocean container spot rates on the benchmark Far East-U.S. route have experienced a moderation in their steep declines. Since June,…
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CMA CGM revenue, earnings decline on China tariff fight
CMA CGM, the world’s third-largest container carrier, reported that its maritime business reached a total of $8.2 billion in the…
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CMA CGM container vessel becomes largest under U.S. flag
The U.S. Department of Transportation’s Maritime Administration (MARAD) recently celebrated a significant milestone in strengthening America’s maritime capabilities by reflagging…
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China could block sale of port terminals: Report
Hong Kong’s CK Hutchison is considering selling its global port facilities to U.S.-based investor BlackRock and Mediterranean Shipping Company. However,…
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Tariff pauses ‘unlikely’ to halt tumbling trans-Pacific rates
Global shipping continues to experience significant fluctuations, primarily due to the U.S. tariff strategy involving numerous trading partners, with China…
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DHL appoints new chiefs for Americas divisions
German parcel and logistics giant DHL has revamped its leadership team in the Americas region, overseeing the Global Forwarding, Supply…
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In rare jump, New York-New Jersey leads US port volumes
The Port of New York and New Jersey, a consistent third-place finisher among American container gateways, achieved a remarkable milestone…
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Tanker rates surge, Maersk still sailing through Strait of Hormuz
Crude oil prices are approaching $77 per barrel. Spot rates for the largest crude oil tankers from the Persian Gulf…
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FedEx robot improves parcel sorting at Cologne airport facility
FedEx Corp. has introduced an AI-powered sorting robot at its air cargo terminal in Cologne, Germany, to enhance the accuracy…
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Early peak coming as trans-Pacific container rates double
The past week has witnessed substantial fluctuations in trans-Pacific container rates, indicating a significant shift in the shipping landscape as…
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Etihad Airways hires 747 operator Western Global to expand cargo service
Middle East carrier Etihad Airways has partnered with U.S.-based Western Global Airlines, still recovering from its bankruptcy exit 18 months…
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Electric barge will help get Nike from factory to port
CMA CGM, a French-based shipping company, has launched a groundbreaking initiative in Vietnam aimed at reducing its carbon footprint. They…
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‘Fear and uncertainty’ driving up China-US container rates
Trans-Pacific prices surging during tariff pauseI f Hunter S. Thompson had delved into the world of supply chain management, we…
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House passes bill to counter Beijing’s influence over global ports
The Strategic Ports Reporting Act aims to closely monitor China’s expanding influence over global ports to help the U.S. formulate…
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No container tsunami heading to Los Angeles, says port chief
Tariff pause spurring increase in bookings from China The leader of the busiest U.S. container port does not anticipate a…
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US and China reach comprehensive economic and trade agreement lowering tariffs
After weeks of uncertainty, the United States and China have officially signed a new Economic and Trade Agreement. This agreement…
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Trump nominates Maersk executive to lead Maritime Administration
Stephen Carmel, an executive with Maersk Line Ltd. (MLL), has been nominated to replace Brent Sadler as the head of…
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Union Pacific heritage locomotive honors Abraham Lincoln
Union Pacific unveiled its Abraham Lincoln commemorative locomotive, honoring the president who signed the bill establishing Union Pacific as part…
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New railroad heralds Indiana multimodal development
OmniTRAX, Ports of Indiana partner on freight hub The opening of the Mount Vernon Railroad, a collaborative venture between OmniTRAX,…
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Trans-Pacific container rates stable as trade war rages
Despite the significant decline in US imports due to President Donald Trump’s ongoing trade war, ocean container rates have yet…
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