News

22.12.2021

Container imports jump at Everett as carriers seek alternative ports

G2Ocean delivering containers for Seattle-based Amazon at the Port of Everett, Washington. Credit: Port of Everett After five years of roller-coaster export and import tonnage, Washington […]
22.12.2021

Chassis shortage prompts BNSF demurrage in Dallas, Phoenix, Stockton

Shippers who use Amazon, Walmart, COFC, Swift, and other 53-foot containers to ship cargo are having to pay demurrage with a chassis shortage in three US […]
22.12.2021

Maersk signs $3.6 billion takeover deal for LF Logistics

Maersk’s container integrator strategy was unveiled in 2017 and it has since acquired a range of logistics assets across the world. Photo credit: A.P. Moller-Maersk Maersk […]
22.12.2021

Maersk signs $3.6 billion deal for LF Logistics unit

Maersk’s container integrator strategy was unveiled in 2017 and it has since acquired a range of logistics assets across the world. Photo credit: A.P. Møller-Maersk. Maersk […]
22.12.2021

Detention and demurrage reform gains pace in Congress

US port congestion has only increased storage fees and often prevented shippers from picking up cargo or returning equipment in a timely manner. Photo Credit: Shutterstock.com […]
22.12.2021

MPV extra-loader demand expected to last into 2022

Forwarder Geodis expects to continue using MPVs as container-carrying extra-loaders in 2022. Photo credit: Geodis. Anxious cargo owners are locking in long-term multipurpose/heavy-lift (MPV/HL) tonnage despite […]
21.12.2021

New container futures aim to take sting from freight rate surges

The new futures contracts aim to lessen the severe volatility that shippers and importers have faced over the last 18 months. Photo credit: Shutterstock.com. Six new […]
21.12.2021

Asia–Europe carriers adding capacity despite structural blanks

Ongoing bottlenecks across ports and inland logistics chains at both ends of the Asia-North Europe trade lane mean many of the canceled sailings are unplanned. Photo […]
21.12.2021

MPV newbuildings won’t dent coming capacity shortage

Chipolbrok’s 30,000-dwt MPV Adam Asnyk approaching the Port of Gdynia, Poland, with a cargo of wind turbines. Credit: Chipolbrok Multipurpose/heavy-lift (MPV/HL) newbuildings ordered long before today’s […]
21.12.2021

MSC offers $6 billion for Bolloré’s African terminal assets

Michael Angell, Associate Editor | Dec 20, 2021 5:57PM EST Bolloré Logistics Africa has concessions to operate 16 ports across the continent. Photo credit: Shutterstock.com. Mediterranean […]