The container shipping industry took a major hit to close out 2023, with major ocean carriers incurring a $684 million net loss in its fourth quarter as cargo prices fell drastically throughout the ...

An ocean container capacity crunch has hit global trade just as peak shipping season starts, with freight spot rates up some 30% over the past few weeks and heading higher. Bad weather, longer ocean ...

Shipping analysts say ocean freight traffic is poised to remain at a high level through the end of the year; containers could become scarce in North America. Consulting firm Xeneta says in part “there ...

Container vessels are piling up on the U.S. East and Gulf Coasts on day three of the ILA dockworkers strike as there appears to be very little to no progress in the contract negotiations. As of ...

This past week, the U.S.-China trade fight moved decisively onto the water, Freight Right Global Logistics reports. On Oct. 14, Washington and Beijing both activated reciprocal port-entry fees that ...

Online shipping platform Container Xchange also says ocean freight rates rose dramatically on some routes between November 2023 and this February. Persistent Red Sea attacks continue to lead to shifts ...

Add Yahoo as a preferred source to see more of our stories on Google. (Photo: Jim Allen / FreightWaves) In a clear sign that the Trump administration’s tariffs are beginning to impact global trade, ...

A perfect storm in global trade is creating a shipping container capacity crunch, fueling a sudden and surprise spike in ocean freight rates. Stream Los Angeles News for free, 24/7, wherever you are.

A perfect storm in global trade is creating a shipping container capacity crunch, fueling a sudden and surprise spike in ocean freight rates. The beginning of peak shipping season, coupled with the ...