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With weak demand for European imports in Asia and ample vessel capacity, spot rate levels on the backhaul trade are in freefall. + Read More

Ryan Petersen tells the Journal of Commerce that the first order of business after this week’s acquisition of Convoy’s tech stack is getting the + Read More

The carrier expects no short-term improvement in the container shipping market as large numbers of new vessels are delivered and capacity management measures appear + Read More

Given the current growth rate, Morrocco’s Tanger Med could reach its nominal annual container capacity of 9 million TEUs as early as next year. + Read More

The European Commission has published a call for application for members of a new informal expert group to provide advice and expertise on certain + Read More

The largest US freight broker expects more companies to follow Convoy and exit the market as demand remains weak and rates stay low.  + Read More

A raft of recent service additions and enhancements has cemented the carrier’s intra-Asia reach for Indian customers. + Read More

Six amicus briefs have been filed to the US Supreme Court supporting the South Carolina Ports Authority’s position that the ILA is illegally forcing + Read More

On-time performance to the West Coast improved during the busiest month of 2023 for Asian imports to date, but East Coast reliability took a + Read More