Lawmakers, Regulators Seek to Rein In Fees Carriers Charge at Ports
Mark Boone grudgingly accepted that the cost of shipping a container of wax melters from Pakistan to Charleston, S.C., doubled in the past year to more than $17,000. But the shipping line’s extra…
Cargo capacity takes hit from US retaliation against Chinese airlines
The U.S. government’s suspension of more than three dozen passenger flights operated by Chinese passenger airlines in retaliation against China’s COVID policies restricting U.S. carrier operations will also remove widebody belly capacity for…
Omicron, Inflation Drive Down U.S. Growth Outlook
The outlook for economic growth in the first quarter and 2022 is darkening amid the latest wave of Covid-19, as consumers grapple with high inflation and businesses juggle labor and production disruptions. Forecasters…
Ningbo port congestion risk grows amid COVID crackdown
Loading and discharge of container vessels is proceeding normally at the Port of Ningbo, but backlogs there are in the forecast because lockdown restrictions and mass testing requirements have impacted manufacturing and trucking…
Container shipping’s 2022 outlook: The bulls, bears and wild cards
This year could be even more lucrative for shipping lines than 2021 Never has container shipping begun a year on such a high. The Shanghai Containerized Freight Index hit a new record in…
How ocean carriers dove deeper into logistics, air cargo in 2021
Large liner companies made big deals to diversify beyond sea freight. For big ocean freight lines, 2021 was marked not only by record profits stemming from COVID-related constraints on shipping patterns and capacity…
Trucker satisfaction survey swerves around port congestion
Most of the truck drivers responding to a recent survey by the American Transportation Research Institute (ATRI) are happy with the type of organization they work for – whether they are a company…
Inflation Pressure Hits New Warehouse Leases
Rental rates to replace expiring multiyear warehouse leases are rising at a sharp pace, according to a new report, as real-estate firms look to incorporate the higher prices they have taken during the…
Labor Talks to Start in 2022 at Congested West Coast Ports
Seaport terminals will negotiate a new contract with 22,400 dockworkers in talks that have proven contentious and disruptive in previous years. U.S. shippers struggling with supply-chain gridlock on the West Coast face new…