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Cass Freight Index: U.S. freight volumes return to pre-pandemic levels in July, costs go higher
The Cass Freight Index for July released Thursday shows volumes of goods being shipped by truck, car and rail in North America returning...
icarussmith20
Aug 15, 20212 min read


China’s zero-Covid policy is so strict that it shut down a whole shipping terminal
China has shut down a key terminal at its Ningbo-Zhoushan port, the third busiest port in the world, after one worker was found to be...
icarussmith20
Aug 14, 20213 min read


The world's largest container shipping firm posts soaring second-quarter earnings
Maersk, the world's largest container shipping firm, has posted a sharp increase in second-quarter earnings as congestions and...
icarussmith20
Aug 8, 20212 min read


Where Did All the Shipping Containers Go?
The shipping container that has been the building block of global trade growth is turning into the latest source of frustration for...
icarussmith20
Aug 5, 20214 min read


How Serious Are Shipping Delays For U.S. Business?
The global shipping industry has endured a hammering over the past six months. In March the blockage of the Suez Canal caused global...
icarussmith20
Aug 4, 20213 min read


Another shipping crisis strikes, threatening delays to Black Friday shopping
The 2021 holiday shopping season could be marred by out-of-stock goods and shipping delays as the recent floods in Europe and China...
icarussmith20
Aug 3, 20214 min read


Toy makers scramble as shipping snarls threaten to spoil Christmas
Logjams at seaports around the world are leaving some American toy companies scrambling this summer to ensure sufficient supply will...
icarussmith20
Aug 1, 20214 min read


Ever Given, the Ship That Blocked the Suez, Makes It to Port
ROTTERDAM, Netherlands—The Ever Given, the container ship that blocked the Suez Canal for days and disrupted global shipping for weeks...
icarussmith20
Jul 29, 20213 min read


Shipping prices may be heading higher but are ‘not super yet,’ analysts say
Shipping rates may be rising, but they are “not super yet,” according to one analyst. Dry bulk shipping rates surged this year as the...
icarussmith20
Jul 28, 20214 min read


Swamped Union Pacific halts all rail shipments from US west coast for a week
Shippers in America, slammed by record rates and delays, have been hit with another mini black swan event. Railroad operator Union...
icarussmith20
Jul 18, 20212 min read


The Briefing: What’s Causing Worldwide Shipping Delays?
As the coronavirus pandemic swept across the world and plunged many countries into lockdown, shopping habits changed dramatically. This...
icarussmith20
Jul 14, 20213 min read


Global demand for Chinese-made goods is soaring and shipping delays are easing too
Hong Kong (CNN Business) Demand for Chinese-made goods is soaring as the world continues to bounce back from the pandemic. That's helping...
icarussmith20
Jul 13, 20213 min read


Shipping Delays and Higher Rates Get Small Businesses Jammed Up
Long waits for merchandise deliveries and crippling costs are hobbling the efforts of small and midsize businesses across the U.S. to...
icarussmith20
Jul 12, 20214 min read


Biden seeking to boost rail, sea shipping competition -White House
WASHINGTON, July 8 (Reuters) - President Joe Biden will order U.S. transportation agencies to crack down on anti-competitive conduct and...
icarussmith20
Jul 10, 20212 min read


These shipping stocks could benefit from severe disruptions in global supply chains
Skyrocketing shipping prices, exacerbated by limited vessel supply, could bode well for some of analysts’ favorite shipping stocks....
icarussmith20
Jul 6, 20212 min read


Ever Given Saga Nears End With Ship Poised to Leave Suez Canal
A giant container ship that had blocked Egypt’s Suez Canal for nearly a week earlier this year will be released on July 7 following an...
icarussmith20
Jul 5, 20212 min read


Maersk Orders First Methanol-Fueled Containership
Four months after announcing its intention to develop a methanol-fueled containership to accelerate its move toward decarbonization, A.P....
icarussmith20
Jul 4, 20212 min read


Tight Capacity on Shipping Lines Brings Record Rates, Delays
Hopes among cargo owners for relief from record ocean-freight rates are fading fast as growing demand for China-made goods ahead of the...
icarussmith20
Jul 1, 20213 min read


‘Unceasing congestion’: China’s shipping delays snarl trade
The global shipping industry, already exhausted by pandemic shocks that are adding to inflation pressures and delivery delays, faces the...
icarussmith20
Jun 20, 20214 min read


Another shipping crisis looms on Covid fears in southern China
First, it was a critical shortage of shipping containers due to the pandemic. Then came a massive blockage in the Suez Canal. Now,...
icarussmith20
Jun 15, 20214 min read
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