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CEO Corner: Hapag-Lloyd CEO says spot rates and demand for goods are softening globally, according to carrier's booking system, noting that North America's import demand is higher than Europe's; company has half of its 2022 volumes on long-term contracts
Published: May 16, 2022 by Maritime Gateway
Ports of Los Angeles, Long Beach and New York and New Jersey import 260,000 more containers month-over-month in March; number of container ships waiting for berths drop by 47% in May since peak in early February: US Dept. of Transportation
Published: May 16, 2022 by U.S. Dept. of Transportation (DOT)
CMA CGM launches early container return incentive program at the Port of Los Angeles and key Midwestern sites to increase container access for US exporters; program expected to bring 43,000 dry containers back into circulation within four days of pickup
Published: May 13, 2022 by The Maritime-Executive
UPS ranks 100th on Forbes' Global 2000, surpassing FedEx at 162 as top transportation company; Maersk ranks 159th as Daimler Truck makes its debut on the list at 323rd, while Evergreen Marine jumps to 494th from 1,287th and COSCO rises to 243rd from 409th
Published: May 12, 2022 by Forbes
Maersk company Performance Team to open new 568,000-sq-ft distribution center in Toronto by November 2022 to complement existing Pacific Transload Express center in Vancouver; site to support multimodal services calling ports of Seattle, Montreal, Halifax
Published: May 11, 2022 by Pivotal Sources

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