With the Red Sea diversions by shipping companies including Maersk continuing amid the risk of attacks by the Houthis, global logistics managers are faced with a two-front storm of rising ocean and ...

Ocean Network Express posted a net loss of $88 million in the third fiscal quarter on weaker container traffic and rates. The ...

Carriers abandon February rate hike plans and add more blank sailings as pre-LNY volumes fail to materialize.

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 ...

LONG BEACH, Wash. (AP) — 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, ...

A return of major liners to the Red Sea could return massive capacity to shipping and further pressure rates in an uneven market, an analyst says.

A major ocean container line reversed its decision to return to the Red Sea just weeks after resuming scheduled sailings ...

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 ...

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 ...

Some 15 empty shipping containers at the Keppel Terminal fell into the sea on Thursday (Dec 1) afternoon as a result of ...

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 ...