Eastbound trans-Pac schedule reliability gains in November after peak season rush The performance gains on the world’s busiest trade lane in November came as US imports from Asia during the month plunged 12% from October, the traditional end of peak shipping season. Eastbound trans-Pac schedule reliability gains in November after peak season rush Journal of […]
Read More →Eastbound trans-Pac schedule reliability gains in November after peak season rush
on December 26, 2023in Industry News
Hong Kong eyes status as green bunkering hub to retain, lure container volumes
on December 26, 2023in Industry News
Hong Kong eyes status as green bunkering hub to retain, lure container volumes The push to become a go-to stop for alternative fuels comes as Hong Kong is set to see container throughput fall to around 14 million TEUs in 2023, a 27-year low, amid waning transshipment volumes. Hong Kong eyes status as green bunkering […]
Read More →Naval force gives Maersk confidence to resume Suez Canal transits
on December 22, 2023in Industry News
Naval force gives Maersk confidence to resume Suez Canal transits Maersk decision to resume sailings through the Red Sea reveals confidence on the part of the carrier with they have been told by naval coalition forces about their capabilities and willingness to act in defense of shipping. Naval force gives Maersk confidence to resume Suez […]
Read More →Maersk, CMA CGM to divert almost 200 ships away from Suez
on December 22, 2023in Industry News
Maersk, CMA CGM to divert almost 200 ships away from Suez Most of Maersk’s reroutings are on Asia-Europe services, with some 84 vessels across eight different service strings being affected. Maersk, CMA CGM to divert almost 200 ships away from Suez Journal of Commerce
Read More →Mexico-US rail shipments resume after CBP reopens Eagle Pass, El Paso crossings
on December 22, 2023in Industry News
Mexico-US rail shipments resume after CBP reopens Eagle Pass, El Paso crossings The move comes after several days of pressure from shipper groups who expressed concerns over the economic impact of the closures so close to Christmas. Mexico-US rail shipments resume after CBP reopens Eagle Pass, El Paso crossings Journal of Commerce
Read More →Geopolitical conflicts could signal end to global reach of ocean carriers: analyst
on December 22, 2023in Industry News
Geopolitical conflicts could signal end to global reach of ocean carriers: analyst With increasing instability around the world, we might be approaching the point where a carrier’s reach is no longer truly global as liners are forced to make commercial and political decisions that will shape the scope of their operations, writes analyst Lars Jensen. […]
Read More →Surging e-commerce demand lifts Hong Kong air cargo into peak season
on December 22, 2023in Industry News
Surging e-commerce demand lifts Hong Kong air cargo into peak season Online shopping in North America and Europe has generated huge air freight volume out of China, with demand expected to continue past the Lunar New Year in February. Surging e-commerce demand lifts Hong Kong air cargo into peak season Journal of Commerce
Read More →Uncertainty over Inflation Reduction Act slows US onshore, offshore wind projects
on December 22, 2023in Industry News
Uncertainty over Inflation Reduction Act slows US onshore, offshore wind projects Existing wind-related manufacturing capacity in the US struggles to meet the local content requirements of the measure, frustrating would-be developers and pushing away some early investors. Uncertainty over Inflation Reduction Act slows US onshore, offshore wind projects Journal of Commerce
Read More →Breakbulk shippers prep for EU ETS implementation as new cost structure dawns
on December 22, 2023in Industry News
Breakbulk shippers prep for EU ETS implementation as new cost structure dawns Multipurpose and heavy-lift and ro/ro carriers are weighing whether to pass on the costs of EU emissions allowances by using surcharges or all-in freight rates. Breakbulk shippers prep for EU ETS implementation as new cost structure dawns Journal of Commerce
Read More →Trans-Pacific spot rates explode amid accelerating Red Sea carrier diversions
on December 21, 2023in Industry News
Trans-Pacific spot rates explode amid accelerating Red Sea carrier diversions While shippers adapt to the complicated market environment in the short term, they are also casting a wary eye on annual service contract negotiations with carriers that will heat up early next year. Trans-Pacific spot rates explode amid accelerating Red Sea carrier diversions Journal of […]
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