Shipping News

In June 2024, ocean container shipping demand from China to North America and North Europe reached unprecedented levels, driven by disruptions in the Red Sea that prompted importers to secure their supply chains early. According...

The global freight forwarding market faced a downturn in 2023. According to the Global Freight Forwarding 2024 Report from Ti insight, market performance contracted by -1.3%, in real terms. The decline was brought on by...

The International Longshoremen's Association (ILA) announced that a strike "is becoming more likely" as they struggle to reach a new contract agreement with maritime employers along the East and Gulf coasts.ILA president Harold Daggett criticized...

According to Linerlytica, freight rates may have peaked and are leveling off. The company said new shipping capacity into the U.S. West Coast, North Europe, South America, and the Middle East has reduced pressures on...

Shippers worried about not being able to secure capacity for the upcoming peak season are rushing to book space and equipment on the Trans-Pacific container market.Container spot rates from Asia to the U.S. West and...

A group of U.S. manufacturers, distributors, retailers, and trade organizations is urging the Biden administration to help resume stalled contract negotiations between the International Longshoremen's Association (ILA) and maritime employers.The current six-year contract between the...

Maritime consultancy Drewry reported that carriers have added 1 million TEUs of new containership capacity to trades originating out of Asia in the first four months of 2024. However, congestion at ports in Asia and...

Labor talks between U.S. port employers, represented by the United States Maritime Alliance (USMX), and the International Longshoremen's Association (ILA), representing dockworkers along the U.S. East and Gulf Coast ports, have come to a halt...