Strong demand was offset by a sharp drop in transshipment volume as constraints in container handling infrastructure were exposed in the port’s perf (read more)
The new ships are set to carry offshore wind components and Chinese-manufactured industrial cargoes including Battery Energy Storage Systems. (read more)
Research by a technology vendor to global forwarders found that CargoWise’s major pricing model change last fall hasn’t yet resulted in major cost (read more)
Asia-East Coast spot rates remain elevated with capacity limitations on the trade lane and a second round of restrictions on Panama Canal transits. (read more)