[Stay on top of transportation news: Get TTNews in your inbox.] The global container shipping industry saw profits surge to more than $10 billion in the second quarter on record volumes and rising ...
Global trade dynamics were marked by heightened protectionism, legal pushback, and strategic realignments this past week. The U.S.-India trade confrontation intensified sharply as the U.S. imposed a ...
The Federal Maritime Commission has initiated a probe into the Terminal Service Agreements (TSAs) between Port Houston and several major container lines. The agency said in a July 11 filing that the ...
The volume of Chinese goods packed in containers bound for the U.S. keeps falling as new U.S. tariffs dent demand, with the biggest ocean carriers shifting to smaller ships to move the reduced loads ...
One of the world’s biggest ocean container carriers has changed course, again diverting vessels away from the Red Sea just weeks after making a highly-publicized return to the troubled Middle East ...
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HMM launches early retirement program as carriers tighten costs
The South Korean ocean carrier insists the move is unrelated to a potential sale or overall container market weakness.
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