Industry News

12 08 , 2024

U.S. container imports to exceed 2 million TEUs over the next seven months

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...

11 07 , 2024

Port Houston Resumes Operations Following Hurricane Beryl

Port Houston in Texas resumed operations on Wednesday, July 10, after being shuttered since Monday due to Hurricane Beryl.Beryl, a Category 1 hurricane at landfall on the Texas Gulf Coast on Monday mo...

09 07 , 2024

Container port congestion is now approaching Covid-era peaks

Global container port congestion has now reached approximately 9 million TEU, nearing the peak of 9.6 million TEU observed during the Covid-19 pandemic, according to a Clarksons report.The world’s la...

16 06 , 2024

Port of Oakland Surpasses 200,000 TEUs in March Handling

In the preceding month, the Port of Oakland witnessed a substantial surge in container volume, with 202,816 TEUs traversing its facilities, marking a notable 19.1% increase compared to March 2023.Impo...

14 06 , 2024

China's Container Prices Surge Beyond Expectations, Driven by Capacity Shortage and Demand Growth

In May, China's container market experienced significant volatility, with container prices rising beyond expectations. The average price for a 40-foot high-cube container at major Chinese ports in...

09 06 , 2024

Mixed Trends Evident in Global Container Port Throughput Indexes

In February, Drewry's Global Container Port Throughput Index stood at 109.2 points, marking a 0.8% decline from the previous month but an 8.3% increase compared to February 2023. According to the ...

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