Freight News
The Port of Long Beach handled 928,508 TEUs in July, its second-busiest July on record and fourth-highest monthly volume overall, despite a 1.7 percent decline from a year earlier.
Imports were nearly flat, slipping 0.1 percent to 467,461 TEUs, while exports increased 14.8 percent to 104,843 TEUs. Empty-container movements fell 7.4 percent to 356,205 TEUs.
Through July, Long Beach handled 5.76 million TEUs, up 1.2 percent from the first seven months of ...
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A.P. Moller-Maersk sharply raised its full-year earnings outlook after stronger freight rates, growing container volumes and widespread supply chain disruption helped drive a more than fourfold increase in second-quarter Ocean operating profit.
Maersk reported second-quarter revenue of US$15.8 billion, up 20 percent from US$13.1 billion a ...
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CMA CGM will increase its Panama Canal surcharge on Far East cargo moving to the U.S. East and Gulf coasts as reduced vessel drafts limit the amount of cargo ships can carry through the waterway.
The carrier’s Panama Canal Adjustment Factor will rise to US$500 per ...
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China’s iron ore mining fell 7 percent year over year during the first half of 2026 as net imports increased 6 percent and steel production weakened, according to BIMCO.
Net imports accounted for 57 percent of China’s iron ore supply, up from 50 percent in the ...
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Leonhardt & Blumberg has installed wind-assisted propulsion on the first of four general cargo vessels in a program expected to reduce fuel consumption and emissions.
Two Econowind VentoFoils were installed aboard Hansa Drejoe at Royal Niestern Sander Shipyard in the Netherlands during early August. Sister vessel ...
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Einride and DAF Trucks are partnering to integrate autonomous-driving technology into DAF electric trucks, moving the companies toward eventual commercial deployment of SAE Level 4 autonomous electric freight vehicles.
The companies will initially work with Dutch research institute TNO to define and test integration of Einride's ...
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NYK Line reported sharply higher first-quarter revenue and profit and raised its full-year forecast as stronger dry bulk and energy markets offset weaker earnings in container shipping, automotive transportation and logistics.
For the three months ended June 30, revenue increased 21.1 percent year over year to ...
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The market outlook for multipurpose (MPV) and heavy-lift shipping strengthened sharply in the third quarter, with One World Shipbroker’s latest Market Sentiment Index (MSI) climbing to 54.7, its highest level since the post-pandemic container shipping boom of 2022.
The quarterly survey led by Justin Archard, attributes ...
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Mitsui O.S.K. Lines (MOL) has sharply raised its earnings outlook for fiscal 2026, citing stronger-than-expected market conditions in its dry bulk, energy and chemical logistics businesses, along with improved performance at Ocean Network Express (ONE).
For the fiscal year ending March 31, 2027, MOL now expects ...
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Matson says it has reduced Scope 1 greenhouse gas emissions from its owned fleet by 25 percent since its 2016 baseline while continuing a US$1 billion investment in a new generation of LNG-ready containerships.
The carrier's 2025 Sustainability Report shows Scope 1 emissions from owned vessels ...
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