The strike at the U.S. East Coast ports has officially concluded. Despite initial expectations from shipping companies that the strike might lead to increased freight rates and additional charges, t...
Since the dawn of the year, the container ship fleet’s capacity has burgeoned by 1.6 million TEUs. “Compared to a year ago, the capacity has surged by 11% to 29.5 million TEUs, marking the swiftest ...
Ocean rates from Asia surged dramatically last week, with the latest daily prices reaching US8,200/FEU to the North America West Coast,US9,300/FEU to the East Coast, US8,600/FEU to North Europe,and U...
From January to May 2024, Chinese ports managed a container throughput of 132.8 million TEUs, signifying an 8.8% year-on-year growth. In the same timeframe, Shanghai Port’s container throughput attai...
In May, Port Houston managed 364,866 TEUs, marking an impressive 21% increase, equivalent to over 64,000 TEUs, compared to the same month last year. From January through May, a total of 1,758,960 TE...
The Global Port Tracker report, jointly issued by the National Retail Federation (NRF) and Hackett Associates, anticipates that monthly inbound cargo volumes at major U.S. container ports will reach...
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