US container volumes set for sharp reversal on tariff disruptionThis decline, attributed to President Trump's tariffs, is poised to create one of the most dramatic year-over-year reversals in shipping hi...
Trump’s China tariffs set to unleash supply shock on US economyCompanies are looking for alternative suppliers. The situation could worsen if tariffs remain in place. The US economy may face a recession.
Bananas, cars, and clothes: US port labor dispute threatens range of productsThe strike could hit 36 ports that handle about one-half of U.S. ocean imports. That could affect availability of a range of goods from ban...
Shippers scramble for workarounds ahead of threatened US port strikeA prolonged strike, alongside an ongoing strike by 30,000 machinists at Boeing that has already started to ripple through the aircraft make...
Container carrier profits soar on record volumes, higher ratesFortunes in the industry, which transports 80% of global merchandise trade, boomed during the pandemic amid strong consumer demand and Covi...
Trade strains boost cargo rates at pace recalling Covid ‘chaos’Global goods trade is rebounding, boosting shipping rates and triggering memories of past disruptions for supply-chain managers.
Major US ports are pushing capacity limits, shipping veteran saysOver the next 20 years, the US will need to expand inbound shipping capacity by the equivalent of four Ports of Los Angeles, said McCown, a...
Shipping shifts from jackpot to job cuts after $364 billion boomOver the past 10 days, Maersk, Hapag-Lloyd and closely held CMA CGM SA of France — all top-five players that together control about one-thi...
Shipping companies are on a spending spreeMajor shipping firms are spending record profits on new models mostly from shipyards of Korea and China.
It feels like 'Lehman II’ in this crucial industryThe German specialty chemical maker Lanxess AG last week had warned recent fall in sales volumes was more severe than in the 2008-09 recess...
Fed’s all-clear on global supply chaos spurned by logistics watchersFed has said that the stress on the global supply chains has eventually returned to normal, in fact below normal levels.
Weaker demand for goods from Asia marks end of shipping bonanzaIn what’s typically the peak season for seaborne trade, global demand for Chinese goods is waning instead as consumers cut back spending be...
Container lines are set to smash year-old profit record by 73%Two years of economic disruptions have transformed an industry that carries about 80% of global merchandise trade from a perennial money lo...
Old is gold: sky-high cost of ageing ships sounds inflation SOSGreek firm Euroseas bought it in 2019 for $10 million when it was already a decade old. As world trade spiralled into chaos last year, it r...
Shipping snarls may last well into 2022The world’s largest private and publicly held container carriers collectively posted record profit of $19.1 billion in the first quarter, m...
Bottlenecks wear down world economy’s fleet of container shipsThe world’s top container line, A.P. Moller-Maersk A/S, this month called the challenges “the most dramatic stress test of the past 75 year...
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