Today: September 16, 2024
Today: September 16, 2024

shipping

Environment|News

Low Mississippi River limits barges just as farmers want to move their crops downriver

A long stretch of hot, dry weather has left the Mississippi River so low that barge companies are reducing their loads as shipping costs soar

Low Mississippi River limits barges just as farmers want to move their crops downriver
Business

UPS and FedEx customers regain upper hand in delivery price battle

U.S. retailers and other delivery customers for the first time in more than four years are easily winning discounts from United Parcel Service and FedEx,

UPS and FedEx customers regain upper hand in delivery price battle
News

Ships speeding through US 'go slow' zones meant to protect endangered whale -report

More than 80% of ships are speeding through "go slow" zones set by environmental regulators along the U.S.

Ships speeding through US 'go slow' zones meant to protect endangered whale -report
Business

Union contract costs, slack demand to pinch UPS profit

Wall Street analysts expect United Parcel Service to report a sharp drop in third-quarter profit on Thursday as it absorbs significant costs from its new

Union contract costs, slack demand to pinch UPS profit
Business|News|World

Strikers have shut down a vital Great Lakes shipping artery for days, and negotiations are looming

A strike has shut down all shipping on the St. Lawrence Seaway, interrupting exports of grain and other goods from Canada and the United States via the Great Lakes to the rest the world

Strikers have shut down a vital Great Lakes shipping artery for days, and negotiations are looming
Business|News

Agreement reached to end strike that shut down a vital Great Lakes shipping artery for a week

A deal has been reached to end a week-long strike that had shut down a major shipping artery in the Great Lakes, halting the flow of grain and other goods from the U.S. and Canada

Agreement reached to end strike that shut down a vital Great Lakes shipping artery for a week
World

Seized Galaxy Leader ship in Yemen's Hodeidah port area - owner

The Galaxy Leader commercial ship was "illegally boarded by military personnel via a helicopter" on Nov. 19 and is now in the Hodeidah port area in Yemen, the vessel’s owner said on

Seized Galaxy Leader ship in Yemen's Hodeidah port area - owner
Economy

War risk insurance rates edge up after surge in Red Sea ship attacks

War risk insurance premiums edged up for Red Sea voyages after three vessels were attacked in the area on Sunday and fears grow over worsening perils for commercial

War risk insurance rates edge up after surge in Red Sea ship attacks
Business

Panama Canal drought to delay grain ships well into 2024

Bulk grain shippers hauling crops from the U.S.

Panama Canal drought to delay grain ships well into 2024
Business|News

Retailers are improving their delivery speeds, meaning good news for late holiday shoppers

Haven’t ordered any of your holiday gifts yet

Retailers are improving their delivery speeds, meaning good news for late holiday shoppers
Economy

War, weather put ocean shippers on notice for rough seas in 2024

Recent hostilities in the Red Sea have thrown global shippers of vital goods for a loop - but it is hardly the only issue that big carriers are facing as 2024

War, weather put ocean shippers on notice for rough seas in 2024
Business

Target seeing some disruption of India supplies due to Red Sea crisis

U.S. retailer Target is experiencing some disruptions of shipments from India and Pakistan, a big region for apparel manufacturing, due to the crisis in the

Target seeing some disruption of India supplies due to Red Sea crisis
Business

FedEx has not seen much impact from Red Sea disruptions, CEO says

U.S. parcel delivery giant FedEx Corp said that it hasn't seen much of a shift to air freight due to

FedEx has not seen much impact from Red Sea disruptions, CEO says
Business

Freighters seek air cargo back-up amid Red Sea shipping crisis

More manufacturers are seeking to fly their products in the next few weeks as attacks on Red Sea shipping force them to find alternate routes, logistics firms say,

Freighters seek air cargo back-up amid Red Sea shipping crisis
Business

Hapag-Lloyd to offer land transit through Saudi Arabia amid Red Sea disruption

German shipping group Hapag-Lloyd will continue to route its vessels around the Cape of Good Hope until further notice due to Houthi attacks on vessels in the Red Sea, it said on

Hapag-Lloyd to offer land transit through Saudi Arabia amid Red Sea disruption
Business

US container shippers slow walk new contracts, eye easing of Red Sea rate hikes, analysts say

U.S. importers are playing the waiting game with new container shipping contracts, gambling the rate spike from Red Sea vessel attacks will fade and put them

US container shippers slow walk new contracts, eye easing of Red Sea rate hikes, analysts say
Business|News

Owner of ship in Baltimore bridge collapse asks cargo owners to help cover salvage costs

The owner of the container ship Dali has initiated a process requiring owners of the cargo on board to share salvage costs after the deadly collapse of Baltimore’s Francis Scott Key Bridge

Owner of ship in Baltimore bridge collapse asks cargo owners to help cover salvage costs
Business|Economy|News

Hapag Lloyd CEO says he expects Red Sea crisis to end this year

The CEO of German container shipper Hapag-Lloyd said on Monday he expects that the Red Sea crisis can be overcome before the end of the year.

Hapag Lloyd CEO says he expects Red Sea crisis to end this year
Business|Technology

Shipping giant CMA CGM signs AI deal with Google

French shipping and logistics company CMA CGM has signed a partnership with Alphabet's Google to speed up deployment of AI solutions across its operations worldwide, the two companies

Shipping giant CMA CGM signs AI deal with Google
Business|Economy

Maersk says Red Sea shipping disruption having global effects

Denmark's A.P.

Maersk says Red Sea shipping disruption having global effects
Business|Economy

US importers balk at return of $10,000 container shipping rate

The cost to ship a standard 40-foot container of toys, auto parts or other goods from Shanghai to New York has jumped to nearly $10,000, fueling frustration

US importers balk at return of $10,000 container shipping rate
Business|Economy

FedEx eyes fiscal 2025 profit just above Wall St target, shares soar

FedEx on Tuesday forecast fiscal 2025 profit above analysts' estimates, and shares in the delivery giant soared as executives said slashing expenses

FedEx eyes fiscal 2025 profit just above Wall St target, shares soar
News|Political|World

Trauma from Red Sea attacks adds to seafarer shortage

When a missile fired by Yemen's Houthi Islamists landed near his ship in the Red Sea, Costas Rassias vowed to stop sailing through the perilous

Trauma from Red Sea attacks adds to seafarer shortage

Follow