The order has propelled the global backlog of new vessels to the equivalent of 46.5% of the existing container ship fleet, the highest level since 2009, according to Linerlytica.
Shippers say more stringent rules from the CBP and dwindling leverage with ocean carriers is making them feel under siege when it comes to moving freight in the eastbound trans-Pacific.
The third-quarter results reflected continued momentum from synergies gained by the ongoing integration of Schenker's business, although a "sanitizing" portfolio-cleanup process has weighed on ...
Financial terms were not disclosed, but media reports have valued the deal at $13.3 billion.
Smaller transactional freight brokers will be able to offer contractual managed transportation using AI agents to reengineer ...
This year has seen multiple projects planned, started or nearing completion as gateways both big and small prepare for larger ...
Industry insiders say the Nov. 3 ballot measure would give the union a new way to marshal popular support against future ...
The carrier was commenting as Taiwan's Big Three container lines reported that they saw a surge in revenues in the third ...
The 40-year veteran of the maritime industry will become COO of the Shipping Association of New York and New Jersey, ...
Weekly scheduled capacity passing through the Bab el-Mandeb strait last week reached 48% of pre-Houthi attack levels, ...
The heads of three subcommittees want greater scrutiny of the carrier’s vessels used on US services after a recent media ...
While forwarders report a general easing of bottlenecks, they also point out there are still specific terminal hotspots ...