Page 21 - Freight Waves News Today : Breaking News, Live Updates & Top Stories | Vimarsana

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

What’s the single most important concentration of infrastructure keeping America supplied with goods? The Los Angeles/Long Beach port complex, which handles around 40% of the country’s containerized imports. What’s the second most important? One could make a strong case for the expanded Panama Canal. America could never have handled the historic import deluge of the ...

As U.S. diesel prices soar, U.S. exports continue to rise significantly on skyrocketing demand, refined oil product tankers are now outperforming crude tankers

It was predicted that China lockdowns would cause container shipping havoc. Six weeks into Shanghai lockdowns, it still hasn’t happened. Two liner CEOs — Maersk’s Soren Skou and Matson’s Matt Cox — explained why. “The port [of Shanghai] is open and operating,” said Skou on Wednesday’s quarterly earnings call. Trucking and warehouse disruptions “are slowing ...

COVID-driven cargo demand has dramatically altered the trans-Pacific shipping landscape. New data from Alphaliner highlights just how much the Asia-U.S. trade lane has changed over the past two years. There’s now far more container shipping capacity in the trade than pre-pandemic. Capacity keeps rising, with more new shipping services focusing on the Asia-East Coast lane ...