While there was a shortage of containers at the height of the Covid pandemic, the global economy is now facing the opposite problem: too many containers. Traders and shippers say the decline in global ...
Volatile weather is a peril of the high seas. Volatile markets are similarly treacherous for the container-ship industry, which carries 80% of the volume of internationally traded goods. A global ...
Right now, around 57 container ships are lingering outside the Port of Los Angeles—the largest port in the US—desperate to unload their cargo and move on. As the delays stretch on for weeks, the ...
A recent dispute over empty containers at Chattogram port has brought to renewed focus a deeper problem in Bangladesh’s trade logistics system: when legitimate interests collide, there is no neutral, ...
MSC, the largest ocean carrier in the world, has notified clients it will terminate their container contracts once cargo is delivered to a diversion port, leaving shippers responsible for moving goods ...
Supply chains have been making news again because of problems in two of the world’s most important shipping lanes: the Red Sea, where Yemen’s Houthi rebels have attacked shipping, and the Panama Canal ...