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Maersk Sees Little Change in Tight Shipping Supply Near Term
SÃO PAULO—Demand for ocean shipping services is likely to remain unusually high and supply will remain tight for some time as shippers...
icarussmith20
Jan 13, 20213 min read


Japanese shipping giant partners with marine energy firm to scope hybrid wave and wind projects
Mitsui O.S.K. Lines (MOL) is to partner with a company specializing in marine energy to scope for potential project sites in Japan and...
icarussmith20
Jan 9, 20212 min read


Carrier platform accelerates path to digitization
Carrier platforms took off this year, as technologists took advantage of opportunities to help small to midsize trucking companies...
icarussmith20
Jan 4, 20212 min read


Trans-Pacific shipping rates just popped to new all-time high
Is this the end of the mysterious trans-Pacific rate plateau? The good news for ocean carriers — and bad news for shippers — is that...
icarussmith20
Dec 30, 20203 min read


The real cost of ocean freight out of Asia is hitting 'unbelievable' heights
Notwithstanding further rate spikes this week, the Shanghai Containerized Freight Index (SCFI) is still understating the prices shippers...
icarussmith20
Dec 28, 20202 min read


Unparalleled volume near holiday adds long delays to shipping
Shipping delays that were foreseen months ago have begun to affect Maine businesses and consumers as Christmas fast approaches, bringing...
icarussmith20
Dec 23, 20204 min read


Bottlenecks Wear Down World Economy’s Fleet of Container Ships
Container shipping, the backbone of the global trading system, is showing signs of fatigue as the pandemic descends into its darkest...
icarussmith20
Dec 22, 20204 min read


Will the boom in shipping last after the pandemic?
Shipping company FedEx will announce its latest quarterly figures after markets close Thursday. It’s been quite a year for the business...
icarussmith20
Dec 20, 20201 min read


International shipping startup raises $12M series A
Passport, a technology startup that helps brands with all aspects of cross-border shipping, announced on Thursday it has raised $12...
icarussmith20
Dec 19, 20202 min read


Pete Buttigieg: The right man for transportation?
After his dark horse run for the Democratic presidential ticket earlier in the year, Pete Buttigieg became a household name beyond the...
icarussmith20
Dec 18, 20203 min read


The robot that could help make the shipping industry greener
When a ship sails through the sea, barnacles, mussels, algae, and other organisms stick to the hull of the vessel. This process is called...
icarussmith20
Dec 17, 20203 min read


COVID blamed for bottlenecks at world's busiest ports
By Nik Martin As global trade recovers, shipping and air freight capacity is in short supply, in some cases threatening Christmas...
icarussmith20
Dec 16, 20204 min read


Maritime asks Washington for $3.5 billion and vaccine priority
By Nick Blenkey American maritime and supply chain trade associations and organizations last week sent letters to Secretary of the...
icarussmith20
Dec 15, 20203 min read


Ag shippers feel pain from lack of ocean containers
A perfect storm of container unavailability, labor shortages and lack of chassis and warehouse space is wreaking havoc for U.S....
icarussmith20
Dec 10, 20203 min read


More than 1,900 shipping containers lost near Hawaii, some containing 'dangerous goods'
The U.S. Coast Guard has cautioned sailors around Hawaii after more than 1,900 shipping containers fell off a Japanese-flagged ship last...
icarussmith20
Dec 8, 20202 min read


China trade surplus hits record $75B as Nov exports soar
BEIJING (AP) — China’s politically sensitive trade surplus soared to a record $75.4 billion in November as exports surged 21.1% over a...
icarussmith20
Dec 7, 20202 min read


Shipping halted as freighter remains aground in Detroit River
A freighter ran aground early Wednesday in the lower Detroit River near Grosse Ile causing a vessel attempting to avoid it to hit bottom...
icarussmith20
Dec 3, 20203 min read


China Complains of U.S. Harassment of Chinese Airline and Ship Crews
HONG KONG—China accused American officials of harassing Chinese airline and shipping crews that arrive in the U.S. in attempts to single...
icarussmith20
Dec 1, 20203 min read


Online holiday shopping explosion expected to cause shipping stress
If you want your holiday gifts to arrive on time, better do your online shopping early. With e-commerce sales surging to new records as...
icarussmith20
Nov 30, 20202 min read


Boatloads of cargo are waiting in the waters off Los Angeles
A flotilla of almost a dozen cargo vessels sits anchored just south of Los Angeles this weekend, waiting for berth space. Around the twin...
icarussmith20
Nov 23, 20204 min read
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