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Record Imports & No More Overcapacity – Are We Really Seeing a “New Normal” in International Shipping?

As the Ports of Los Angeles and Long Beach hit record volumes of imports for March and freight rates reached a new peak, experts are telling us that the days of overcapacity, and the lower [...]

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2020 Is Great Year for Ocean Carriers as Freight Rates Break Records

How about a positive headline for 2020? It's a great year for ocean freight carriers in the international shipping industry. Transpacific cargo volume continues to surge here in the peak season, [...]

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Are Ocean Freight Carriers Profiteering from Global Crisis?

A couple weeks ago, we posted a blog about how ocean freight carriers, in the middle of the coronavirus pandemic, went from being projected to lose as much as $23 billion in 2020 to looking like [...]