News

US retailers won’t use charters in long term: container lessors

Container leasing executives don’t see a long-term market emerging based on shippers chartering their own container ships and needing to secure containers along with them. A number of retailers — including Walmart, Home Depot, IKEA, ASOS, Target, Dollar Tree,...

European hubs shrug off congestion to post volume growth

Nine-month volumes handled by Rotterdam and Antwerp returned to pre-pandemic levels as Europe’s two busiest ports consolidated their positions and capitalized on the regional economic recovery. But ongoing port congestion across Northern European hubs continues to heavily disrupt European manufacturers, with Alphaliner estimating average Asia-Europe round-trip delays have...

Citing costs, LA-LB marine terminals say 24/7 push unrealistic

Southern California marine terminals have thrown cold water on the much-publicized effort to run their operations 24/7 to relieve historic port congestion, saying they will not commit to round-the-clock gates for retailers and truckers while 30 percent of existing...

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