As the Suez Canal struggles to get ocean carriers to flock back to the trade artery, the Panama Canal is attracting them in droves. Container ships traversing the 50-mile waterway have hit an all-time ...
LOS ANGELES (Reuters) -A slump in ocean shipping demand since U.S. President Donald Trump imposed a raft of new tariffs on trade partners earlier this year has helped send ocean container rates to ...
Last-minute changes to the U.S. Trade Representative Section 301 port fees resulted in one U.S.-based ocean carrier being reclassified and now facing an annual $34 million tariff bill. "There's a lot ...
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 ...
LONG BEACH, Calif., March 2 (Reuters) - Container ships account for roughly 100 of the 750 ships backed up around the Strait of Hormuz following U.S. and Israeli attacks on Iran, Jeremy Nixon, CEO of ...