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ocean freight
The Panama Canal is Cashing in on the Iran War
With oil tankers avoiding the Strait of Hormuz, the Panama Canal has driven revenue increases of 10 to 15…
Hormuz Disruption Avoids Red Sea-Style Schedule Reliability Collapse
Sea-Intelligence says the Hormuz blockade created a localized "volume shock," unlike the global transit…
Panama Canal Booking Prices Surge on Hormuz Instability
Average auction prices to pass the canal have nearly tripled as carriers hedge against the Iran war, with one…
DHL Says Shipping Fallout from Hormuz Strait Could Last Six Months
A company exec told customers "nothing has dramatically changed" at the strait this week as ocean carriers…
Global Ocean Shipping Mostly Steady Despite Middle East Turbulence
The global movement of goods via ocean freight has, thus far, remained largely unshaken by the war in…
White House Waives Shipping Statute As Oil Prices Spike
The Jones Act, which specifies that cargo shipped between U.S. ports must be carried on ships that are built…
Soft Demand Sends Ocean Freight Rates Lower Ahead of Lunar New Year
Carriers abandon February rate hike plans and add more blank sailings as pre-LNY volumes fail to materialize.
DHL, CMA CGM Partner to Cut Ocean Freight Emissions With Biofuels
The collaboration leverages sustainable fuel programs GoGreen Plus and ACT+ to cut emissions across shipping…
House Votes to Reauthorize Federal Maritime Commission, Hit Back at China
Within that reauthorization statute are reforms that lawmakers believe will help crack down on China over…
Maersk CEO: China’s Export Surge is Propping Up 2025 Container Market
Despite the ongoing U.S.-China trade war, the ocean carrier has lifted its global container market volume…
ONE Cuts 2025 Profit Outlook as Tariffs Still Cloud Container Market
Ocean Network Express now expects just $310 million in annual net income—less than half its prior forecast—as…
Ocean Freight Rates Bounce Back as Carriers Tighten Capacity, But Will it Last?
Blank sailings surge 60 percent in October as carriers fight off post-peak season slump, with container…
Bangladesh’s Apparel Exports Stay Afloat Despite India’s Transit Restrictions
Apparel makers reroute shipments through ports in Colombo and Singapore and airports in Dhaka and Sylhet as…
US House Panel Advances Bill Backing FMC’s ‘Get Tough on China’ Push
The bipartisan measure would extend FMC oversight through 2029, strengthen protections for U.S. shippers, and…
Typhoon Ragasa Shuts South China Ports, Airports; Cargo Faces Multi-Day Delays
Factory shutdowns and terminal closures across Guangdong and Hong Kong create backlogs, with ocean freight…