The container shipping market has become used to cyclicality over the decades, and it experienced an unprecedented peak in 2021 and 2022 with record rates and profits for liners. But with consumers ...

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 recent years, market analysts have considerably widened the parameters they track to assess growth in countries, regions, and globally as far as container shipping goes. One often-overlooked ...

Hambantota International Port (HIP) has significantly expanded its operational capacity in response to a sharp surge in ...

A. P. Moller Maersk (OTC:AMKBY), the world’s largest container shipping company, has announced that the ongoing disruptions in the Red Sea will significantly impact the industry’s capacity in the ...

Ships are rerouting, air cargo is tightening, and companies are adding new war risk surcharges as the Middle East conflict ...

Hambantota International Port (HIP) has significantly expanded its operational capacity in response to a sharp surge in ...

A perfect storm in global trade is creating a shipping container capacity crunch, fueling a sudden and surprise spike in ocean freight rates. Stream Los Angeles News for free, 24/7, wherever you are.

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 ...