Zim is terminating a two-year-old trans-Pacific service, while beefing up a Southeast Asia–US East Coast route, as weakened Chinese imports and too much capacity have combined to pull down container spot rates.
Zim is suspending a two-year-old trans-Pacific service, while beefing up a Southeast Asia–US East Coast route, as weakened Chinese imports and too much capacity have combined to pull down container spot rates.
Later this month, CMA CGM and Hapag-Lloyd will impose general rate increases of $600 per FEU and $500 per FEU, respectively, on all shipments from India to North America, but with demand waning, those GRIs may not stick.
Contract negotiations between International Longshore and Warehouse Union office workers and shipping lines and terminal operators in Southern California are proceeding slowly with the June 30 deadline approaching, even as the 10-month-old ILWU dockwor...
Contract negotiations between International Longshore and Warehouse Union office workers and shipping lines and terminal operators in Southern California are proceeding slowly with the June 30 deadline approaching, even as the 10-month-old ILWU dockwor...
Southeast ports are handling more imports from Asia than ever, but it’s unclear how much of that growth will stick once negotiations over a new West Coast longshore contract conclude.
Technology startup Qualle is trying to overcome drayage industry inertia around matching empty import boxes with export loads outside of ports by using early-stage funding to serve every North American port market.
