The Georgia Ports Authority (GPA) handled nearly 5.6 million TEUs (twenty-foot equivalent container units) in 2024, up 12.5% from 2023, making Savannah “the fastest growing container gateway on the ...
The container shipping market has become used to cyclicality over the decades, and it experienced an unprecedented peak in 2021 and 2022 with record rates and profits for liners. But with consumers ...
The world's largest capacity container ship has set off on its maiden voyage. Measuring 400 m (1,312 ft) in length and 58.6 m (192 ft) wide – or the size of four soccer fields for those more familiar ...
The return of vessel queues outside Singapore, and many other ports for the first time since Covid, points to trouble in the system that transports 45% of global trade by value. At least 6-7% vessel ...
The ongoing supply and demand imbalance is driving down container prices on U.S. trade routes, as ocean carriers deploy more ships in a soft market. Spot rates as of Dec. 11 from Asia to the U.S. West ...