by admin | Aug 12, 2023 | News
Logistics Recap August 6th – August 12th Hawai’i wildfires spark efforts for emergency supplies Carriers are prioritizing relief shipments to Maui after winds from Hurricane Dora helped fuel a wildfire that devastated the town of Lāhainā this week. The Port of...
by admin | Aug 5, 2023 | News
Logistics Recap July 30th – August 5th Trans-Pacific spot rates surpass contract rates Annual trans-Pacific contract rates reset to sharply lower levels in May. Even so, multiple ocean carrier execs insisted on conference calls that they did not sign annual...
by admin | Jul 29, 2023 | News
Logistics Recap July 23rd – July 29th CMA CGM shipping revenue up 36% amidst profit slide France’s CMA CGM, the world’s third-largest ocean carrier, has managed to aquire over billion a quarter net profits per container. CEO Rodolphe Saade said Friday that...
by admin | Jul 22, 2023 | News
Logistics Recap July 16th – July 22nd Ocean carriers losing pricing power in trans-Pacific Last week, we warned that the “peak” of peak season had already arrived for U.S. containerized import volumes and that demand was likely to decline from here to reach a...
by admin | Jul 15, 2023 | News
Logistics Recap July 9th – July 15th Defense bill passed, Bejin’s LOGINK banned in US ports The U.S. House of Representatives approved a defense spending bill on Friday that included a provision limiting China’s ability to monitor the flow of ocean containers...
