News

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WEEK 7 MARKET UPDATE

ANGELA CHAO, CEO OF GLOBAL SHIPPING FIRM FOREMOST GROUP, DEAD AT 50 Angela Chao, the CEO of New York-based shipping company Foremost Group, has died

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WEEK 6 MARKET UPDATE

Houthis Target Two More Merchant Ships with New Attacks  The Houthi militants targeted both a British and an American ship overnight as they vowed to

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PORTS AND OCEAN FREIGHT

WEEK 5 MARKET UPDATE

RED SEA-DRIVEN SURGE IN CONTAINER SHIPPING RATES LOSES MOMENTUM  Mass diversions of container ships around Africa’s Cape of Good Hope caused spot rates to surge,

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WEEK 4 MARKET UPDATE

PORT OF NEW ORLEANS GETS $226M FOR INTERNATIONAL CONTAINER TERMINAL  Efforts to build an international container terminal at the Port of New Orleans capable of

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Port containers

WEEK 1 MARKET UPDATE

CONTAINER SHIPPING RATES SPIKE AS RED SEA CRISIS DRAWS FIRST BLOOD  For cargo importers, the outlook is now clear: higher freight costs and longer delays.

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Ship containers_RTW

WEEK 51 MARKET UPDATE

Container shipping outlook 2024: Rising risk of delays, disruptions  The supply chain crisis is long over, but America’s importers still have a lot to keep

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Shipments

WEEK 50 MARKET UPDATE

CONTAINER SHIPPING OUTLOOK 2024: RISING RISK OF DELAYS, DISRUPTIONS  The supply chain crisis is long over, but America’s importers still have a lot to keep

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Ports_RTWLogistics

WEEK 48 MARKET UPDATE

ONE READIES INDIA-US EAST COAST SERVICE AS PART OF 2024 NETWORK ROLLOUT Ocean Network Express (ONE) has unveiled plans for its first standalone container service

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ocean freight shipping

WEEK 47 MARKET UPDATE

PORT HOUSTON RECORDS NEW LOADED EXPORTS RECORD  Port Houston celebrated a major milestone in October, reporting the highest volume of loaded exports in its history.

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Port containers

WEEK 46 MARKET UPDATE.

SOUTH CAROLINA PORTS REPORT STRONG OCTOBER PERFORMANCE  South Carolina Ports (SC Ports) announced impressive performance for the month of October, with container volumes showing signs

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WEEK 45 MARKET UPDATE

U.S. CONTAINER IMPORTS CONTINUE TO RISE, OUTPACING PRE-PANDEMIC LEVELS Imports from China increased by 2.3% in October 2023 compared to September, reaching 886,842 TEUs. However,

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Ship containers at port

WEEK 44 MARKET UPDATE

APM TERMINALS AND DP WORLD JOIN FORCES ON CONTAINER HANDLING ELECTRIFICATION APM Terminals, the terminal operating arm of A.P. Moller Maersk, and DP World have

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