Carriers need to cut more capacity for March GRIs to hold
Container freight spot rates on the major trades continued to slide this week, forcing carriers ...
Associated Press reports:
HUNTINGTON BEACH, Calif. (AP) — A massive cargo ship made a series of unusual movements while anchored in the closest spot to a Southern California oil pipeline that ruptured and sent crude washing up on beaches, according to data collected by a marine navigation service.
The Coast Guard is investigating whether a ship anchor might have snagged and bent the pipeline owned by Amplify Energy, a Houston-based company that operates three offshore oil platforms south ...
Maersk eyes 'cut and run' moves as port congestion brings delays
Maersk skips call at Rotterdam as labour issues bring delay
Blanked voyages fail to halt sliding spot rates, and March GRIs will be resisted
U-turn on de minimis ban, following 'processing issues', as trade war heats up
Metals tariff rocks auto industry, and Trump smiles on bribes in foreign deals
CBP won't be ready for flood of extra processing after de minimis pause
Near-shoring drives Mexican warehouse space to historic lows
Ecommerce platforms cancel flights and slash capacity – market is 'a mess'
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