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 ...
Much of what we all consume or own today arrived here in a shipping container. These large steel boxes have become the vehicle by which virtually everything that isn’t shipped in bulk like oil, coal ...
During the six days in March when the massive Ever Given container ship lay stuck in the Suez Canal, the entire world felt the impact as an estimated 60,000-plus cargo containers, stuffed with a ...
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 ...
LONG BEACH, Wash. — Russ Lewis has picked up some strange things along the coast of Long Beach Peninsula in Washington state over the years: Hot Wheels bicycle helmets with feather tufts, life-size ...
Containers piled high on giant vessels carrying everything from car tires to smartphones are toppling over at an alarming rate, sending millions of dollars of cargo sinking to the bottom of the ocean ...
The ocean container shipping market reached a tipping point in July, with long term rates on major fronthaul trades showing signs of life just as spiraling short term rates begin to soften. The Xeneta ...
A perfect storm in global trade is creating a shipping container capacity crunch, fueling a sudden and surprise spike in ocean freight rates. The beginning of peak shipping season, coupled with the ...
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 ...
This article originally appeared on The Revelator. You’re right if you think you’ve been hearing a lot about container ships lately. One off the coast of Sri Lanka that was carrying 25 tons of nitric ...
Hundreds of containers have fallen from container ships into ocean waters in recent months, in a flare-up of accidents that can destroy millions of dollars worth of goods, damage vessels and endanger ...
Much of what we use in our daily lives, other than food, gets imported, and 90-95% of that comes by sea, passing offshore through our ocean backyard. Petroleum and petroleum products are a big ...
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