The global container shipping market faces overcapacity in the coming years, and rates paid by customers have fallen to an "unsustainable level," A.P. Moller-Maersk (OTCPK:AMKBY) (OTCPK:AMKBF) CEO& ...
Intra-Asia container shipping rates have fallen 10% over the past fortnight as volumes weaken ahead of Chinese New Year. Drewry's ...
US imports just declined 7.9% year-over-year in June 2025, marking the second month in a row that shipping container volumes have fallen dramatically. Experts say that tariffs are responsible, and ...
LOS ANGELES, June 26(Reuters) - Rates for shipping cargo containers from China to the U.S. have dropped by more than half since earlier this month, as imports rebounded less than expected after the ...
Shipping containers at Terminal 1 at the Port of Los Angeles in 2024. (File photo by Mike Blake/Reuters) The Port of Los Angeles is expecting a 35% drop in cargo from Asia next week, the facility’s ...
Global container port volumes are expected to decline by 1% this year due to US trade policies, maritime consultancy Drewry has said. It would mark only the third contraction in global container ...
After the Port of Los Angeles said that cargo traffic is expected to plummet due to White House tariff policies, its counterpart in Long Beach is bracing for the same fate. And it's been quite a ...
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