The ports of Los Angeles and Long Beach have expanded the hours during which trucks can pick up and return containers as part of their efforts to improve freight movement and reduce delays through the ports as they continue to experience record volumes. The Port of Long Beach will maximise nighttime operations in what the port’s […]
Monthly Archives: September 2021
Container Shipping Market Meltdown
The “stratospheric” freight rates and shipping lines’ huge Q2 profits have been slammed by cargo owners, and a new report claims the carrier alliances are “suppressing” cargo. According to a market review by MDS Transmodal and the Global Shippers Forum (GSF), container traffic grew 4% in Q2, up 22% year on year, returning close to […]