Evergreen to invest $174 million on new containers
The Taiwanese carrier said the box orders were split between three different suppliers, including its own manufacturing subsidiary.
The Taiwanese carrier said the box orders were split between three different suppliers, including its own manufacturing subsidiary.
Although the timeline is still uncertain, a resumption of the shorter Suez routing brings its own risks, with analysts warning of the potential for significant port disruption and upward rate pressure.
Current anti-trust protections “have enabled foreign-owned shipping lines to exert disproportionate control over pricing and service levels” in Australia’s maritime industry, the head of a leading shipper group in the country says.
The carrier is now including calls at Malta, Port Said (Egypt) and Beirut on the weekly Medex itinerary, replacing Valencia and Barcelona in Spain and For-sur-Mer in France.
The duty rate will be set at least 30 days before the implementation date and stack on top of existing levies, per a Federal Register filing.
Hapag-Lloyd’s investment in the Aracruz terminal project in Brazil is part of a plan announced by CEO Rolf Habben Jansen last March to expand the carrier’s ports network to more than 30 terminals by 2030.
The workwear retailer plans to have its stock reflect more of its core products and will cut SKUs throughout 2026.
The exemption’s end has also led to an 82% jump in seizures of low-cost goods considered unsafe or noncompliant, per Customs and Border Protection.
Whatever capacity might exit the market in 2026, most analysts believe a strong resurgence in freight volumes is needed to enable a true rebound in truckload rates.
As 2026 begins, US import demand remains uncertain, but the record amounts of capacity container lines plan to deploy in January and February could put further pressure on already weak rates.