Red Sea rate effect spreads to other trade lanes as demand rises: Maersk CEO
While the carrier is seeing robust volume gains across its main trade lanes, the transits around southern Africa are absorbing…
CMA CGM turns to tech provider to boost invoice accuracy for key accounts
The auditing initiative between the carrier and software vendor OpenEnvoy was kickstarted by CMA CGM’s ZEBOX technology incubator, which connects…
Destocking, Asian demand power rebound in North American resin exports
With US manufacturers shrinking their plastics inventories, overseas buyers are taking up an even more important role for North American…
Import surge boosting rail container dwells at some LA-LB marine terminals
Yusen Terminals in Los Angeles is already holding twice its normal inventory of rail containers and is draying some of…
Resilient US economy, AI recharging US electronics imports
US electronics imports are rebounding after a two-year decline as consumers replace devices purchased during the COVID-19 pandemic with newer…
Capacity injection sends India-US spot rates sharply lower for May sailings
ONE’s West India-North America Express (WIN) service is set to debut at Nhava Sheva with a May 12 call from…
Shippers, forwarders add tight ocean space to Asia-Europe market challenges
European importers are shrugging off gloomy economic forecasts, but rising volume out of Asia is putting pressure on available capacity…
Philly Shipyard looking at Hyundai Heavy Industries tie-up as US navy turns to Asia for fresh yard capacity
Aker Capital yard has worked with the South Korean builder before
CargoMetrics keeps the train moving with environmental product rollouts
Boston firm unveils two offerings designed to measure vessel carbon output, alongside one specifically tailored for the EU’s Emissions Trading…
Key player in NorthStandard merger jumps ship to become new boss of London Club
Bean takes over from departing CEO Ian Gooch later this year