Container liners did more in 2021 than merely recover from their prepandemic slump—they posted results unprecedented in the history of the industry. But their good fortune might not last long. Authors ...
Right now, around 57 container ships are lingering outside the Port of Los Angeles—the largest port in the US—desperate to unload their cargo and move on. As the delays stretch on for weeks, the ...
Volatile weather is a peril of the high seas. Volatile markets are similarly treacherous for the container-ship industry, which carries 80% of the volume of internationally traded goods. A global ...
Supply chains have been making news again because of problems in two of the world’s most important shipping lanes: the Red Sea, where Yemen’s Houthi rebels have attacked shipping, and the Panama Canal ...
While there was a shortage of containers at the height of the Covid pandemic, the global economy is now facing the opposite problem: too many containers. Traders and shippers say the decline in global ...
Container shipping rates have jumped sharply as the US-Iran conflict raises fuel costs and disrupts trade routes across key ...
MSC, the largest ocean carrier in the world, has notified clients it will terminate their container contracts once cargo is delivered to a diversion port, leaving shippers responsible for moving goods ...