Jan 2, 2025 · US media reports negotiations are set to continue on 7 January, leaving just eight days for the USMX and ILA to agree a new master contract. Meanwhile, Maersk urged customers: “We strongly encourage our customers to pick up their laden containers and return empty containers at US east and Gulf coast ports before 15 January.

Jan 3, 2025 · Container spot freight rates on the key transpacific eastbound trade have started 2025 with strong gains, following the partial implementation of 1 January general rate increases (GRIs) and ongoing healthy demand.

4 days ago · Carriers hope price hikes will hold as spot rates fall in CNY doldrums Despite the muted trading activity since China’s new year holiday began this week, spot rates on most major east-west ocean trades continued to show slight declines.

US delays tariffs on Mexico for one month as it starts negotiations UPDATED 2.2.25, 16.10 GMT to include tariff implementation delay The US has agreed to postpone tariffs on Mexico for one month, following a call with Mexico’s president Claudia Sheinbaum.

Dec 16, 2024 · Not at all. Port IT systems are bespoke, and no two operate in exactly the same way. Like any purpose-built industrial IT system, they take time to ‘bed-in’ and predicting everything which could go wrong at the design phase is virtually impossible.

Sep 9, 2024 · The structure of the global container shipping alliance next year is set for a further shake-up after MSC unveiled its new standalone east-west service network and revealed it has concluded a vessel-sharing agreement (VSA) with THE …

Nov 5, 2024 · Dwelling time stands at five days for transhipments, and six days for exports. Shanghai and Ningbo temporarily halted some operations on Friday in anticipation of Kong-Rey, and EconDB data shows delays stand at 82% and 85%, respectively, with 195 and 116 boxships due over the next week.

Aug 16, 2024 · MSC has ordered even more new containerships from Chinese yards, as the Swiss-Italian mainline operator widens its lead over its peers. Clarksons’ data indicates that MSC has ordered six 19,000 teu ships at Shanghai Waigaoqiao Shipbuilding (SWS) and eight 11,500 teu ships at Penglai Zhongbai Jinglu Ship Industry (Jinglu), all to be LNG dual-fuelled.

Jul 3, 2024 · The company’s core focus is intra-Asia, but it ventured into long-haul during the Covid-induced boom in early 2022 with transpacific and Far East-Australia/New Zealand services.

Dec 20, 2024 · It’s a great way to end of the year and put under the Christmas tree a wonderful M&A gift delivered from none other than FedEx (FDX). Because its less-than-truckload (LTL) freight unit will be separated from core Ground and Express operations (aka: FedEx only, post-FedEx Freight split), the company disclosed yesterday – after US markets closed – alongside fiscal Q2 25 numbers that were ...