A perfect storm in global trade is creating a shipping container capacity crunch, fueling a sudden and surprise spike in ocean freight rates. The beginning of peak shipping season, coupled with the ...

The cost to ship goods in containers to Europe from China jumped over the past week as the war in the Mideast disrupts one of ...

On March 9, South Korean shipbuilding giant HD Hyundai announced it had signed a ...

The return of vessel queues outside Singapore, and many other ports for the first time since Covid, points to trouble in the system that transports 45% of global trade by value. At least 6-7% vessel ...

The Georgia-based port has approved several projects that will add more container units this year. The Georgia Ports Authority has approved capital improvement projects that will expand shipping ...

Ships are rerouting, air cargo is tightening, and companies are adding new war risk surcharges as the Middle East conflict disrupts supply chains.

In recent years, market analysts have considerably widened the parameters they track to assess growth in countries, regions, and globally as far as container shipping goes. One often-overlooked ...

Maersk's terminal operator is set to build a new 1,300-foot container berth at Alabama's Port of Mobile that would expand capacity at the gateway by 50 percent. The Alabama Port Authority and APM ...

An ocean container capacity crunch has hit global trade just as peak shipping season starts, with freight spot rates up some 30% over the past few weeks and heading higher. Bad weather, longer ocean ...