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…
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…
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…
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…
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…
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…
Asian output is coming back and some bottlenecks are clearing, but labor shortages could persist into next year Global supply-chain woes are beginning to recede, but shipping, manufacturing and retail executives say that…
The cost to ship goods around the world by air is about 2.5 times more expensive than before the pandemic. On major trade lanes, where demand is especially high, such as China and…
The supply-chain crunch plaguing retailers and manufacturers is providing an earnings bonanza for freight carriers. U.S. transport companies are logging record profits in a tight domestic transportation market while ocean shipping lines are…
The COVID-era freight boom has accelerated the transformation of Maersk from a shipping line into a one-stop, end-to-end global logistics shop. Maersk has used extreme market conditions to bring more ocean customers into…
