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Ocean carriers

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…

Maersk CEO Figuring Out ‘Radically Changed Business Environment’

Collapsing freight rates and declining demand cut the ocean carrier's Q1 revenues.

Bed Bath & Beyond Claims Ocean Carrier Owes it $32 Million

Plus, the bankrupt retailer has been sued by a different shipping company it says owes it more than $7…

MSC, Maersk Ending 2M Alliance in 2025: ‘Much Has Changed’

The CEOs of the freight giants said the divorce "paves the way for both companies to continue to pursue their…

Cargo Carriers Pressed in FMC’s Probe of ‘Illegal’ Retaliation

"Even a simple verbal threat to a shipper from an ocean carrier employee could undermine U.S. law and will…

Flexport’s Ryan Petersen ‘Not Convinced’ Logistics Really Turned a Corner

Declining rates and increased capacity on ships isn't because of industry changes, the digital freight…

Disgruntled Shippers Rack Up 175+ Cargo Carrier Complaints

Complaints related to cargo charges have flooded the FMC since the June passage of the Ocean Shipping Reform…

New Legal Twist Rocks ‘Cargo Collusion’ Case

A Swiss ocean carrier said it could face criminal sanctions in its home country if it complies with a…

Target, REI Join Zero Emissions Cargo Scheme

The 2040 Ambition Statement urges cargo owners to switch all of their ocean freight to vessels powered by…

Truckers Sound Off on ‘Ridiculous’ Port Problems

The concerns flowing into the Federal Maritime Commission are part of a public comment period as the agency…

FMC Chair Puts the Screws to Ocean Carriers

FMC chair will "do everything in my power to ensure carriers do not receive involuntarily subsidized storage…

$100-Per-Container Fee Coming to NY-NJ Port

The container management fee, targeting excess empty containers being stored in the port for long periods…

Why FMC’s Restructuring Is Good News for Shippers

A new Bureau of Enforcement has been created as carriers scramble to make sense of the Ocean Shipping Reform…

Ocean Shipping Reform Act Awaits Biden’s Signature with House Passage

A major overhaul to the law regulating the ocean shipping industry cleared Congress Monday.

Biden Again Urges Ocean Carrier Crackdown to Tame Inflation

President Biden pressed for swift passage of a bill overhauling ocean shipping as he looks to tamp down on…