Port of Long Beach handles record volumes in July

The port achieves ‘best July’ with almost 800,000 TEUs moved Imports slightly…

Exporters’ compliance to mandatory weighing policy grows

Port operators record less discrepancy between exporters’ declared verified gross mass (VGM)…

Drewry sees sustained reefer freight rate uptick until 2022

A combination of buoyant cargo growth and tight capacity conditions will continue…

Major Chinese port on partial shutdown after COVID case detected

Operations at the Meishan Terminal in Ningbo-Zhoushan port in eastern China have…

ATI income slips 2% in 1H despite higher revenue, volume

Port operator Asian Terminals Inc. reported a 2% decline in net income…

Harbor Star loss accelerates to P66.3M in 1H

Harbor Star Shipping Services, Inc. (HSSSI) posted a significantly higher loss of…

BOC orders anew quick release of reefer goods as DTI worries about “impending reefer congestion”

Bureau of Customs Assessment and Operations Coordinating Group Memo 446-2021 dated August…

Maersk sees Q2 profits jump as bottlenecks propel rates

Group revenue grew 58% to US$14.2 billion in the second quarter and…

No short-term easing of freight rate levels in sight

This huge rate spike comes considering that the FBX level was already…

Asia-US freight rates hit fresh highs in July: Freightos

Ocean rates are still very elevated and transit times volatile due to…