The world’s largest ocean freight companies are being threatened with fines of up to $1.5m for Chinese-made container ships ...
Since late in 2023, we have seen ocean shipping rates start to increase again, with the global average container rate as of January 11, 2024 at more than $3,000 per 40 foot container, the highest ...
2025 outlook The Trump administration is proposing a fee of up to $1.5 million on Chinese-made ships entering U.S. ports, ...
More than 45,000 U.S. dockworkers represented by the International Longshoremen's Association ratified a new six-year contract on Tuesday… Fuel choices are among the most direct means that ...
An ocean container capacity crunch has hit global trade just as peak shipping season starts, with freight spot rates up some 30% over the past few weeks and heading higher. Bad weather, longer ...
The companies that operate large container ships say they plan to keep going around Africa as violence flares in the region.
For the best experience, please enable JavaScript in your browser settings. Ship transferring cargo at a terminal. [iStockphoto] Sea transport was the main vehicle of ...
Annual negotiations between U.S. companies and the world's maritime shipping giants are beginning, and this year, there are several key headwinds for the ocean carriers that could help companies ...
If the U.S. fines China-built containerships millions, one ocean carrier says it's likely to abandon the market and freight ...
Freight rates out on the ocean have continued their consistent descent since the start of 2025, capped over the past week by significant declines on both major Asia-to-North America trade lanes.