Specter of port strike looming over as-yet unscathed trans-Atlantic trade
Measures to mitigate the impact of a potential labor disruption at US East and Gulf coast ports could cause the trans-Atlantic market to follow
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MSC joins NYSHEX to improve tracking of ocean contract performance
The ocean carrier joins rivals Maersk, CMA CGM and Hapag-Lloyd — all investors in NYSHEX — in using the contract management platform.
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Signs of container spillover remerging in MPV market
Trade disruption and related congestion, high container rates and tight capacity are pushing shippers to rethink transport modes and make early moves toward revisiting
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Port strikes in Germany, France disrupting cargo movement
Summer strikes have begun in Europe with a series of walkouts causing significant disruption across the main German and French container ports.
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Opportunistic intra-Asia carriers reenter trans-Pac trade amid soaring rates, demand
Established long-haul carriers are also launching a raft of new services between Asia and the Americas to take advantage of the buoyant market.
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Canadian border agency, workers reach tentative deal on new contract
The preliminary agreement avoids a strike that could have created traffic jams along the US-Canada border, disrupting trade and manufacturing.
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Somalia-based piracy menaces vessels rerouted away from Houthi threats
Security forces preoccupied with Houthi attacks in the Red Sea and an increase in Indian Ocean shipping, thanks to ongoing route diversions, have created
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Increased consumer spending drives latest upgrade for US import growth: retailers
The Global Port Tracker has again increased its forecast for US imports through September, with the National Retail Federation pointing to retailers stocking up
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US trucking hiring falters in May on low freight demand
Last month’s actual trucking employment gain was lower than expected as the US economy added more jobs in service industries such as hospitality and
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Project cargo as measured by volume means greater pull on capacity
Often oddly shaped or very heavy, project cargo does not necessarily consume all the deadweight space on a given vessel.
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