In March, the number of US imported containers grew slightly compared to February, only increasing by 0.4% to 2,145,341 TEU, according to Descartes.

International logistics and container shipping market update on Asia, Europe and North America routes in the week 15/2024.

In the first quarter of 2024, shipping line OOCL decreased its total revenue by 9% over the same period, however, its total container throughput increased by 3.4% to 1.8 million TEU.

The market is shifting in favor of shippers in trans-Pacific contract negotiations, according to the latest report from Baltic Exchange.

The reliability of container shipping lines' schedules improved in February as diversions from the Red Sea to avoid Houthi attacks began to normalize.

ZIM increased its total capacity to 714,800 TEU last April 3, helping the Israeli carrier surpass Yang Ming to rank 9th in the global carrier rankings.

MSC shipping line has developed the largest capacity for reefer containers, as the major Swiss-Italian shipping line consolidates its position as the world's largest container shipping line.

International logistics and container shipping market update on Asia, Europe and North America routes in the week 14/2024.

Hong Kong is being gradually removed from the list of major port calls on the east-west trade route by major container shipping alliances.