Raymond STERN
Blank sailing plans for 'Golden Week' would push shipping rates even higher
Ocean carriers are reported to be considering a new round of blank sailings from Asia around China’s Golden Week holiday, in the first...
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Raymond STERN
Aug 15, 2021
Why Are West Coast Ports Suffering From Congestion?
John Martin, president of Martin Associates, explains the factors behind persistent cargo congestion at West Coast ports, and the...
Raymond STERN
Aug 15, 2021
DSV Panalpina targets growth after completing Agility GIL deal
DSV Panalpina has completed the takeover of the logistics arm of Agility – Global Integrated Logistics (GIL) — in a deal with an...
Raymond STERN
Aug 13, 2021
NEW SHUTDOWN : Shippers await clarity on impact of shutdown at China’s Ningbo port.
China has partly shuttered the world’s third-busiest port after a single worker tested positive for COVID-19 Wednesday. The Meidong...
Raymond STERN
Aug 12, 2021
Rates for container ships will be strong until next Chinese New Year at least: Jefferies
Randy Giveans, head of the energy maritime shipping equity research group at Jefferies, discusses the main factors behind the spike in...
Raymond STERN
Aug 12, 2021
Raymond STERN
Aug 12, 2021
The impact of sea freight rates on commodity prices
Recently, ocean freight has risen sharply. I chatted with some friends and mentioned that the port congestion in the United States is...
Raymond STERN
Aug 12, 2021
China shutdowns the world’s third-busiest port, Ningbo-Zhoushan port.
China has partly shuttered the world’s third-busiest port after a single worker tested positive for COVID-19 Wednesday. The Meidong...
Raymond STERN
Aug 12, 2021
Supply-chain delays and skyrocketing shipping costs hit Cort furniture leasing company hard
Cort is experiencing delays and costly inflation at every stage in its supply chain. Its shipments have been months behind schedule amid...
Raymond STERN
Aug 10, 2021
Over 30 containerships queued at Los Angeles/Long Beach ports
Congestion continues to rise at the US west coast container ports of Los Angeles and Long Beach ahead of the peak season. According to an...
Raymond STERN
Aug 9, 2021
DSV Panalpina: Conservative Beat And Raise Signals Further Upside Ahead
In a long-running theme since COVID-19 hit, logistics company earnings continue to outperform globally, and DSV Panalpina (OTCPK:DSDVY)...
Raymond STERN
Aug 9, 2021
There’s yet another surge in shipping costs
All is not well in the market for ocean freight. Again. The price of shipping goods from Asia to Europe has soared over the past year....
Raymond STERN
Aug 8, 2021
King Abdullah Port backs Kingdom's growth as a global logistics hub
King Abdullah Port has announced details of its exceptional performance during the first half of 2021. The port handled a total of...
Raymond STERN
Aug 5, 2021
Maersk CEO says unmet demand will continue 'at least for the next quarter'
Soren Skou, CEO of A.P. Moller-Maersk, discusses the company's first-half earnings and expectations for supply in the second half of the...
Raymond STERN
Aug 5, 2021
The world’s largest container shipping firm posts soaring second-quarter earnings
Container shipping rates have skyrocketed as the global economy bounced back from the Covid-19 pandemic and commodity demand recovered,...
Raymond STERN
Aug 5, 2021
Hapag-Lloyd CEO: Supply bottlenecks to 'remain tight' for next few quarters
Hapag-Lloyd CEO Rolf Habben Jansen discusses the outlook for the shipping industry and current supply-chain bottlenecks. He speaks with...
Raymond STERN
Aug 4, 2021
Exporters’ demand measures to address logistics issues in India
Textile and garment exporters have sought measures by the Union government to address the issue of container shortage. In an interaction...
Raymond STERN
Aug 4, 2021
MSC 'shocked' by anti-trust breach allegations
Switzerland-based carrier MSC has roundly rejected complaints made by Pennsylvania home décor supplier MCS Industries and says it was...
Raymond STERN
Aug 4, 2021
US FMC probes eight container lines over congestion surcharges
The US Federal Maritime Commission (FMC) has launched an “Expedited Inquiry” into the practices of eight container shipping lines related...
Raymond STERN
Aug 3, 2021
Forwarders frustrated as carriers switch vessels onto best-paying tradelanes
Ocean carriers continue to shift tonnage from intra-Asia and north-south trades to more lucrative east-west routes, which is in turn...
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