Due to inclement weather and accumulating snowfall, all NY/ NJ terminals have closed for the day and are expected to remain closed until tomorrow morning, February 14, 2014.
European port congestion now at five-to-six days, and getting worse
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'Cargo collision' expected as transpacific capacity tightens and rates rise
Houthis declare blockade of port of Haifa – 'vessels calling will be targets'
Another CMA CGM vessel heading for Suez Canal – 'to mitigate schedule delay'
Ocean rates rise after tariff pause acts as 'starting gun' for more front-loading
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Demand for transpac airfreight capacity returning – but 'it's not ecommerce-driven'
CMA CGM will carry on investing after 'solid' Q1, despite unclear outlook
Air cargo forwarders stick to spot rates – a long-term contract would be 'foolish'
ONE opts for South Korean newbuilds to avoid hefty US port fees
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