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Spot rates, which cover anywhere from 10 per cent to 40 per cent of ocean container shipments and are considered a key indicator of the industry’s health, are in fre...
The blocking of the Suez Canal by one of the largest container ships in service in the world – the Ever Given – in March…
Prices in the most volatile segment of ocean shipping are collapsing, but top retailers like Walmart and Home Depot should not expect relief until the spring contract renegotiation season, industry
Prices in the most volatile segment of ocean shipping are collapsing, but top retailers like Walmart and Home Depot should…
Ocean Network Express (“ONE”) has signed definitive agreements to acquire a 51% stake in each of TraPac LLC (“TraPac”) and Yusen Terminals LLC (“YTI”), currently held by Mitsui O.S.K. Lines, Ltd. and Nippon Yusen Kabushiki Kaisha respectively.