Lower freight rates made a dent in the top and bottom lines of CMA CGM and ZIM in the fourth quarter, following the trend experienced by container shipping contemporaries Maersk and Hapag-Lloyd. While ...
The windfall comes despite an almost 30% decline in spot shipping rates tracked by Drewry since the beginning of the year. That’s because only 10% of ocean freight travels under spot-market terms — ...
Fewer containers and ships are leaving China for the U.S., though shipments from Vietnam have picked up some slack. The normally bustling Port of Los Angeles is beginning to receive fewer and less ...
A Comprehensive Guide On The Working Process Of Container Shipping In Canada Canadian imports and exports are heavily reliant on container shipping. With this mechanism in place, individuals and ...
In the 1950s, trucking magnate Malcom McLean changed the world when he got frustrated enough with the speed of trucking and traffic to start a commercial shipping company in order to move goods up and ...
Hapag-Lloyd expects container demand growth to slow down in the second half of 2025 as more companies take a “wait-and-see” approach to the impact of tariffs. Since the U.S. and China agreed to extend ...
Spot freight rates out at sea escalated to kick off May as uncertainty rages on throughout the global supply chain, particularly close to the Red Sea. The sudden jump in spot rates after three months ...
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