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Meltdown in the Container Shipping Market Continues

November 8, 2022

Facing global economic headwinds, the volume of containerized cargo movement continues to plummet, Peter Sand, Chief Analyst, Xeneta, summarizes: “It is clear that the carriers are no longer in charge, the shippers are.”

Logistics News

Virgin Voyages Now Sailing from Port of Los Angeles

Virgin Voyages Now Sailing from Port of Los Angeles

Jones Act Waiver Not Boosting Oil Flows Within U.S.

Jones Act Waiver Not Boosting Oil Flows Within U.S.

Tom Drumm Appointed as Executive Director & CEO by Port of Oswego Authority

Tom Drumm Appointed as Executive Director & CEO by Port of Oswego Authority

DP World, Ichijo Komuten Expand Japan-Philippines Shipping Route

DP World, Ichijo Komuten Expand Japan-Philippines Shipping Route

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Australian stocks rise as banks and miners rally; Middle East is in focus
Source: Iran stops two Qatar LNG tankers that it had previously approved to transit Strait of Hormuz.
Russia claims that Ukraine has damaged the CPC terminal at the Black Sea using drones