CMA CGM posted a net profit of $5.6bn for Q3 increasing its consolidated revenue by 89%, compared to 2020 on the back of incredible freight rates and the signing of … Read more..
Port of Long Beach, the 2nd busiest container port in the USA, second only to the other San Pedro Bay port of Los Angeles, recorded its 2nd busiest October in … Read more..
Ocean carriers who are usually the ones charging “surcharges”, may soon be paying a “surcharge” at the San Pedro Bay ports of Long Beach and Los Angeles for import containers … Read more..
With the Biden Administration now stepping in to tackle the port congestion crisis at Long Beach and Los Angeles, China-US West Coast transit data and insights provided by digital freight … Read more..
US President Joe Biden seems to have increased his efforts to ease the current congestion, transportation and supply chain blockages that are disrupting the US ports especially on the West … Read more..
Shippers might finally be catching a break, as China-US spot freight rates plunge in the first week of October. With Chinese manufacturers throttling production due to the power crisis and … Read more..