Shipping analysts say ocean freight traffic is poised to remain at a high level through the end of the year; containers could become scarce in North America. Consulting firm Xeneta says in part “there ...
The container shipping market has become used to cyclicality over the decades, and it experienced an unprecedented peak in 2021 and 2022 with record rates and profits for liners. But with consumers ...
Container ship traffic in the Red Sea — a vital artery of international trade — has declined to its lowest level in months amid a string of Houthi attacks on vessels, according to new data. An average ...
SINGAPORE, July 3 (Reuters) - Danish shipping and oil group A.P. Moller-Maersk said on Saturday that global container shipping rates were likely to return to pre-crisis levels by the peak season at ...
An average of 30 container ships a day have been stuck outside the Ports of Los Angeles and Long Beach just waiting to deliver their goods. The backlog is part of a global supply-chain mess spurred by ...