A century after the global shipping fleet ran largely on coal, the world’s largest shipping line is taking a historic step toward not using fossil fuels for propulsion.
The trade gateways in the U.S. Pacific Northwest are standing out for their calm relative to the congestion bedeviling ports from Los Angeles to Savannah, Georgia.
Some of the world’s largest container-shipping lines are ordering new vessels amid surging demand for ocean-cargo services, giving a long-awaited boost to the outlook for shipyards in Asia.
Trade disruptions that have sent freight rates soaring and overwhelmed major ports may start to ease after the first quarter, Maersk said — disappointing investors but signaling eventual relief for cargo shippers.
Peter Friedmann, executive director of the Agriculture Transportation Coalition, describes the “transportation crisis” that exporters are facing today, as they struggle to secure containers for their shipments to Asia.
These are tumultuous times for the ocean container trades between Asia and the U.S. Freight rates are persistently high, port congestion is slowing the movement of goods, and shippers are complaining about cancelled sailings and a shortage of equipment.
Soaring freight rates and delivery delays have sparked a global backlash by companies frustrated about the destructive mix of deteriorating service and higher ocean shipping costs.
The latest news, analysis, services and systems regarding ocean transportation and its impact on global supply chains. Today’s companies are transporting and delivering container shipments in a more efficient manner than ever before using new services and technologies that provide information en route - allowing them to stay ahead of the competition in their industries. As ocean cargo services continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies are using ocean shipping solutions to power their supply chains.
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