Tight MPV supply countered by container rate crash, ship glut
With only low-capacity increases forecast for the MPV fleet, operators believe they will be able to handle the predicted increases in project cargo.
With only low-capacity increases forecast for the MPV fleet, operators believe they will be able to handle the predicted increases in project cargo.
The funds will mostly be spent on further development of its platform for shippers, including investment in AI.
When the proposed agreement is adopted in October, as expected, all international shipping will be bound by the decarbonization regulation, an official at the shipping association pointed out.
Ports in Europe and Asia, especially Rotterdam, Antwerp, Singapore and Shanghai, have been grappling with congestion-related issues such berthing and cargo delays for several months.
The Texas-based company is supplying neodymium magnets, which are the most powerful commercially available and used in a wide range of automotive applications.
Businesses using the retailer’s cross-border importing service can now ship goods from Ho Chi Minh City and Hai Phong, its first origin ports outside of China.
Global spot rates from Southeast Asia to North America fell 16% YoY as capacity constraints eased.
A Deloitte report found the industry is using the tech to navigate a shifting trade environment — and making holiday buys two months earlier than last year.
Union Pacific Railroad is instituting surcharges for the second consecutive year out of Los Angeles, although it’s unclear how long the current uptick in volume will last.
The nearly two-year project to complete Bayport’s Wharf 7 will allow the terminal to handle more ships as work on widening the Houston Ship Channel continues.