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cargo

Target’s Insurer Sues Maersk for $5.8 Million

The Maersk Eindhoven lost 260 containers, including 57 for Target, when an engine failed at sea back in…

Chain Reaction: Jeff Plumley of ASF Logistics on Delivering Efficient Solutions with Advanced Technology

In this Q&A, Jeff Plumley discusses how ASF Logistics is optimizing global supply chains with advanced…

FMC Issued $3M in Fines Against Ocean Carriers

The FMC resolved 36 cases involving illegal charges and contract breaches in the 12 months to September.

$5 Million Nike, Yeezy Bust Reflects Growing Cargo Theft Problem

The Chicago incident is typical of cargo theft, but experts reveal how criminals are getting savvier about…

Cargo Imports Down 12% in July

The Global Port Tracker projects August to October reaching 2 million TEUs each month.

Cargo Is Flying Through Ports But Bosses See ‘Modest’ Holiday Ahead

S&P Global Market Intelligence data shows that North American port productivity is on the upswing.

Maersk Sees ‘No Sign of a Substantial Rebound’ in Container Volumes

A slow peak shipping season could be bad news for retailers banking on strong holiday sales to close 2023.

Why Ocean Carriers are Butting Heads with the FMC

Carriers cry foul at the FMC's suggested changes to the Ocean Shipping Reform Act of 2022, which target…

‘No Sign of Revival’ for Slumping Container Prices

Although spot rates inched up 0.9 percent to $1,488.13 in the second week of July, Drewry doesn't expect…

US Cargo Imports Down 19% in May

As port and supply chain hiccups continue, demurrage and detention charges are declining, according to…

LAPD Warehouse Raid Recovers $7 Million in Stolen Nike Sneakers

Detectives made the bust at a California warehouse after a report that cargo was stolen from trucks near the…

Labor Disruptions at West Coast Ports Put a Crimp in Operations Right Before Peak Shipping Season

Negotiations between longshore workers and their employers have been going on for 13 months without a new…

Cargo Data Confirms Second-Half Slowdown Fears

Ben Hackett points to China's declining exports as a sign of sluggish demand for consumer goods.

East Coast Ports a ‘Safer Bet Right Now,’ but Here’s When West Coast Could Bounce Back

Nearly two-thirds of U.S.-bound shipments arriving in early April entered the country via East Coast ports…

‘Freight Recession’ Sinks Container Prices

Global container prices have plummeted 14.3 percent since the start of 2023, but many expect prices and…