Transpacific Sees First Major MSC Blanks as Rates Fall and Volumes Falter
Following nine weeks of consecutive declines in spot freight rates on the transpacific, carriers are finally beginning to pull capacity from the trade.
Letter From More Than 300 Industry Associations to USTR Slams Proposed Fees on Chinese Ships
A letter sent this week to Jamieson Greer, Ambassador for the Office of the United States Trade Representative (USTR) by more than 300 industry associations, representing various sectors, including transportation and logistics providers, manufacturers, importers, exporters and retailers, among others, called on the USTR to not move forward with its proposals regarding the Section 301 investigation […]
CPKC Container Dwell Better But Still a Concern at Port of Vancouver
Container dwell times at the Port of Vancouver continue to be a significant issue since the start of the year.
Proposed U.S. Port Fees on China-Built Ships Choking American Coal, Agriculture Exports
President Trump’s plan to revive U.S. shipbuilding using massive fees on China-linked ships’ visits to American ports is causing U.S. coal inventories to swell, stoking uncertainty in the embattled agriculture market as exporters struggle to find ships to send goods abroad.
Forwarders Predict Fall in Airfreight Rates as E-Commerce Eyes Sea Freight
Forwarders are warning that, although the airfreight market currently seems stable, conditions could change very quickly, and the longer-term outlook could be challenging for airlines as e-commerce platforms look to sea freight instead.
U.S. Carries Out Dozens of Airstrikes on Yemen’s Houthi Rebels
On Saturday, U.S. Central Command launched its largest-ever campaign of air and naval strikes against Yemen’s Houthi militia, striking dozens of sites across the country’s northwestern corner.
Trump’s Shipbuilding Plan Could Upend Ocean Cargo Industry, Companies Warn
President Donald Trump’s plan to revitalize the U.S. shipping industry could heap massive costs on ocean transport operators and spawn a new round of supply chain chaos around the world, executives told Reuters.
Ocean Carriers Get Tough on Freight Rates – But Can They Hold the Line?
An endless series of crises roiling ocean shipping in the post-COVID 19 era is resulting in a change in “carrier DNA.” So said a panel of experts at S&P Global’s TPM 2025 conference in Long Beach, California.
U.S. Chinese Ship Penalties Would Hit Transatlantic Trade Hardest: Soren Toft
The transatlantic container trade could be the most severely impacted if the U.S. goes ahead with the proposed imposition of fees on Chinese-built ships, MSC CEO Soren Toft said this week.
Today’s Strike Expected to Cause ‘Massive’ Disruption at German Airports
Frankfurt Airport, Europe’s leading hub for air cargo, has warned of “massive disruption” to flight operations today, March 10, from a one-day ‘warning’ strike.