The suspension of China–U.S. shipments and a wave of blank sailings on the trans-Pacific trade lane may lead to a significant redistribution of vessel capacity, according to Alexandra Ilascu of Kuehne + Nagel. Speaking during the Journal of Commerce’s Asia-Europe webinar, Ilascu warned that these shifts are likely to impact other trade routes, including Asia-Europe […]
Read MoreThe U.S. Trade Representative (USTR) has announced its final actions regarding the Section 301 investigation into China’s shipbuilding industry, introducing significant changes from the initial proposals. Key Changes and Fee Structure: Revised Fees: Instead of a flat fee, new fees will be based on vessel net tonnage (NT) or container count and will apply per […]
Read MoreThe San Pedro Bay Port Complex, comprising the Port of Los Angeles and the Port of Long Beach, handles about one-third of all containerized imports to the United States each month. As the 10th busiest port in the world, it plays a critical role in the local, regional, and national economy, particularly impacting truckload and […]
Read MoreE-commerce shipments to the US are showing signs of a shift from air cargo to sea freight, with potential changes to de minimis rules likely to accelerate this trend. This perspective was highlighted during Freightos’ “Global Freight Outlook” webinar, which explored how actions by the incoming Trump administration might impact e-commerce airfreight. Currently, de minimis […]
Read MoreIn September, rail container dwell times at the ports of Los Angeles and Long Beach hit their highest levels in two years as the ports experienced a surge in import volumes from Asia. This spike is partially attributed to retailers redirecting cargo from the East and Gulf coasts due to a looming longshore strike. […]
Read MoreAfter weeks of contentious negotiations, maritime employers and the International Longshoremen’s Association (ILA) have reached a tentative deal to reopen container terminals at East and Gulf coast ports. The agreement includes a substantial wage increase for dockworkers and a three-month contract extension while formal negotiations continue. The breakthrough, announced Thursday evening, comes after the White […]
Read MoreAs of 12:01 A.M., October 1st, 2024, the long-anticipated strike by the ILA (the International Longshoremen’s Association) has officially begun, leading to a complete shutdown of all U.S. East and Gulf Coast ports until further notice. This development means that no cargo can move in or out of these ports. Our sources indicate that the […]
Read MoreThe global supply chain is facing an unexpected challenge in 2024: a shortage of containers. Despite the significant capacity added by ocean carriers, recent reports and spot prices indicate that container scarcity is a reality. But what does this mean for North American intermodal transportation, and could it lead to a repeat of the chaos […]
Read MoreThe container shipping industry is experiencing a worrying trend – a repeat of the supply chain disruptions that plagued the world during the pandemic. This shortage of ships, coupled with high demand, threatens to send shipping rates soaring and cause significant delays. Unless there’s a quick turnaround, freight rates could skyrocket, potentially reaching a […]
Read MoreOcean Network Express (ONE) has obtained design approval for a revolutionary ammonia-fueled container ship, signaling its commitment to exploring diverse zero-carbon fuels for the maritime industry. The approval, granted by the classification society DSV, pertains to the design of a dual-fuel 3,500-TEU ship capable of being powered by ammonia—a colorless chemical that emits no CO2 […]
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