Big importers like China and India have been picking up larger volumes as western buyers abandoned the cargoes due to sanctions on Moscow for the invasion of Ukraine.
MOUs finalized during the 2023 California Japan Clean Energy Trade Mission build on Port of LA’s pursuit of expanded global sustainability cooperation, and further its long-standing relationships with Japan’s ports.
Stefan Paul believes Kuehne + Nagel is well positioned to weather freight volatility and that a cargo recovery could begin as soon as the second half of this year.
Following a period of seesawing freight rates and persistent service failures, ocean carriers and shippers are struggling to achieve some measure of equilibrium.
The firm, known for flying employees from one shipping crisis to the next, argued this week that the ship’s Japanese owners are preventing them for claiming a higher salvage award.
During the summer months of 2022, record low water levels on the Rhine meant some vessels were able to carry just 25% of their usual load, so as not to risk running aground on the riverbed.
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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