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Maersk Raises 2024 Outlook for Third Time Citing Demand and Uncertainty

Freight Demand Is Moderating Heading Toward the Fourth Quarter

Maersk Line to Electrify North American Operations With Swedish Trucks

Panama Canal Continues Progress Toward Normal Operations

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Influx of capacity brings a 'new era' for air cargo markets

April 25, 2023 6633 Read More

New capacity in the passenger and freighter market is changing the parameters of air cargo this year.Different aircraft

Acronyms-I

April 24, 2023 2982 Read More

I.C.T.F.:Intermodal Container Transfer Facility, an on-dock facility for moving containers from ship to rail or truck.I.

Transpacific rates shoot up as carriers prop up GRIs with more blanks

April 24, 2023 4323 Read More

Container spot rates from Asia to the US west coast shot up this week, as carriers succeeded in implementing a good perc

TS Lines offloads more feeder vessels in 'fleet streamlining'

April 24, 2023 7164 Read More

The TS Lines ‘fire-sale’ of ships has continued with the sale of three mores, bringing the total to nine offloaded sin

Acronyms-H

April 21, 2023 4942 Read More

Harmonized Code:An internationally accepted and uniform description system for classifying goods for customs, statistica

Hopes of a transpacific turnaround as Q1 numbers come in

April 21, 2023 6317 Read More

The downturn on the transpacific, compared with the pandemic-driven boom of the past two years, is palpable as ocean car

Leadership needed to drive maritime's climate technical fixes

April 21, 2023 2964 Read More

Green reports and initiatives reveal the need for leadership during the maritime transition to climate-friendly fuels an

Acronyms-G

April 20, 2023 6517 Read More

G.R.Wt./G.W.:Gross Weight.Gang:Group of stevedores usually 4 to 5 members with supervisor assigned to a hold or portion

Boxship demolition sales disappoint analysts as charter market booms

April 20, 2023 2596 Read More

The number of ageing containerships being sold for scrap this year is well below analysts’ predictions, the dearth of d

Boost for India's exports as global supply chain 'reorients itself'

April 20, 2023 7308 Read More

The first round of a $500-per-box general rate increase (GRI) on 29 March for India-US shipments has paid no dividends f

Acronyms-F

April 19, 2023 7388 Read More

F..D.:Freight and demurrage.F.C.L.:Full container load, full car load.F.c.s.:Free of capture and seizure.f.c.s.r.c.c.:Fr

CMA CGM confirms takeover talks with Bolloré Logistics

April 19, 2023 7334 Read More

Sources had indicated that the ever-growing French group was planning a takeover of a major French logistics company and

Carriers hit by wave of rising costs rethink N Europe box port networks

April 19, 2023 3136 Read More

CMA CGM has announced that from15 May it will transfer its remaining vessel calls at the Polish port of Gdynia to the Ba

PCTC charter rates hit record highs as capacity stays tight

April 19, 2023 2999 Read More

It now costs a record $110,000 a day to charter a pure car and truck carrier (PCTC) for a year – a more than six-fold s

Green shipping looks expensive, but can be competitive, says ABS

April 19, 2023 7441 Read More

Maersk recently released a video of the world’s first methanol/HFO dual fuel container vessel in the final stages of co

Acronyms-E

April 18, 2023 3447 Read More

Ex:Signifies that the quoted price applies only at the indicated point of origin (e.g. price ex factory means that the q

Major carriers still on the hunt for tonnage to boost market share

April 18, 2023 2919 Read More

Led by MSC and CMA CGM, ocean carriers are again scouring the charter and sales and purchase markets for tonnage to boost capacity and increase their market share.

US west coast port labour disputes now just 'minor inconveniences'

April 18, 2023 6418 Read More

As operations at US west coast ports Los Angeles and Long Beach normalise after the effects of the pandemic and other economic shocks, the importance of labour issues has diminished.

Acronyms-D

April 17, 2023 5409 Read More

D.F.:Dead Freightd.w.:Deadweight (tons of 2,240 lbs.)d.w.c.:Deadweight for cargoD/O:Delivery orderDAF:Delivered At Front

Carrier capacity management success signals more rate hikes

April 17, 2023 8009 Read More

Container spot rates from Asia to North Europe increased again this week, and some carriers are holding off quoting for

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