For the past six months, container shipping companies have rerouted cargo around Africa to avoid Houthi rebel attacks in the Red Sea, bypassing the Suez Canal. What once seemed unlikely
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Incident Overview Three months ago, on March 26, the container ship Dali lost power and collided with a support pier of the Francis Scott Key Bridge, causing its collapse. The
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On Monday, Yang Ming Marine Transport reported that the early peak shipping season shows no signs of slowing, with initial volumes for the third quarter exceeding last year's levels due
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On June 18, the Federal Maritime Commission (FMC) initiated an investigation to assess whether the Ocean Carrier Equipment Management Association (OCEMA) and its members are adhering to a decision made
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As the Federal Reserve and the U.S. economy report positive news on inflation, a major concern arises in global trade: rising freight rates. Forecasts suggest ocean cargo prices could reach
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Refrigerated cargo shippers are experiencing increased booking lead times to secure onboard space, facing similar delays and congestion issues as dry cargo shippers, according to carriers and forwarders. These challenges
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Expectations that produce demand would increase US truck capacity this spring and summer, thereby driving up truckload rates, are fading. US shippers and importers are finding an ample supply of
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Beginning August 1, the U.S. Centers for Disease Control and Prevention (CDC) will implement new requirements for dogs entering the United States, as announced by U.S. Customs and Border Protection’s
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Commercial shipping traffic at the Port of Baltimore is anticipated to return to normal levels next month following the channel's complete reopening this week, which marked the first time since
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