In a stark reversal of fortune, the bustling Port of Los Angeles, long a reliable source of freight for truckers across the nation, is facing a significant downturn in container volumes. This decline ...
This past week, the U.S.-China trade fight moved decisively onto the water, Freight Right Global Logistics reports. On Oct. 14, Washington and Beijing both activated reciprocal port-entry fees that ...
An ocean container capacity crunch has hit global trade just as peak shipping season starts, with freight spot rates up some 30% over the past few weeks and heading higher. Bad weather, longer ocean ...
Just as the Federal Reserve and U.S. economy get good news on inflation, with consumer prices and wholesale prices softening, a major global trade inflation indicator is headed in the wrong direction.
Shipping analysts say ocean freight traffic is poised to remain at a high level through the end of the year; containers could become scarce in North America. Consulting firm Xeneta says in part “there ...
The downward trend in ocean freight volumes that began in 2022 continued last year, with many major ports reporting declines in throughput of containerized cargo. Transport Topics’ updated Top 25 list ...
In a clear sign that the Trump administration’s tariffs are beginning to impact global trade, ocean container bookings from China to the United States have dropped sharply in recent weeks. Data from ...
“The container shipping market has been one of the many industries that benefited from the market volatility caused by innumerable disruptions in global trade, geopolitical uncertainties, wars, and ...
LOS ANGELES (Reuters) -A slump in ocean shipping demand since U.S. President Donald Trump imposed a raft of new tariffs on trade partners earlier this year has helped send ocean container rates to ...
Online shipping platform Container Xchange also says ocean freight rates rose dramatically on some routes between November 2023 and this February. Persistent Red Sea attacks continue to lead to shifts ...
Shipping snafus are gaining steam as congestion along one major rail system is causing shippers to halt hauling ocean containers from the West Coast. According to “The Journal of Commerce,” the Union ...