China-USA freight rates relax grip In its current analysis, New York-based intelligence provider and digital freight forwarding company Shifl notes that China-US spot freight rates have passed their peak over [...]
Pressure on 24/7 strategy mounts as 25 more containerships get set to arrive at San Pedro Bay anchorage Faster vessel unloading won’t happen until trucks, rail coordinate. (Photo: Port of [...]
The hit from China’s energy crunch is starting to ripple throughout the globe, hurting everyone from Toyota Motor Corp. to Australian sheep farmers and makers of cardboard boxes. The extreme [...]
Shipping consultants Drewry have revised their full year forecasts for the combined liner community, now suggesting the world’s containerlines are on course to post “eye-watering” earnings before interest and tax [...]
Inflation alert: Supply chain mess feels increasingly less transitory Supply chain woes and port congestion are now getting attention at the central-bank level, given their effects on inflation. Federal Reserve [...]
The International Air Transport Association (IATA) announced its latest outlook for airline industry financial performance showing improved results amid the continuing COVID-19 crisis: Net industry losses are expected to reduce [...]
Analysts at Copenhagen-based Sea-Intelligence have put the worsening liner congestion picture into greater context, pointing out that today’s global capacity removal thanks to vessel delays is slightly greater that the [...]
The recent unprecedented wave of extreme weather events has brought home the urgency of the ongoing climate crisis. As stated in the sixth report of the UN’s Intergovernmental Panel on [...]
More than 150 containerships are waiting to load at the ports of Shanghai and Ningbo and 242 are waiting for berths across the country, according to eeSea, a company that [...]
Carnival Corp said on Friday cruise bookings for the second half of 2022 were ahead of pre-pandemic levels, in a sign the cruise operator expects a rebound in business as [...]
