Author: Shipco News Desk

Articles

Tariff Concerns Persist Amid Trans-Pacific Rate Slide

Trans-Pacific container rates have decreased as manufacturing and logistics operations in China wound down in anticipation of the Lunar New Year holiday, which began on January 29. In the week ending January 24, Asia-U.S. West Coast ocean rates fell by -7% per FEU, while the Asia-U.S. East Coast rates dropped -1% per FEU according to

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Working Towards a Sustainable Future in Logistics

As industries face mounting pressure from regulators, customers, and stakeholders to reduce environmental impact, organizations including Shipco Transport are stepping up to the challenge.  According to Jakob Bluhme, Global CCO – Global Accounts, and Mette Karapetian, Vice President of Global Sustainability – ESG, Shipco has already taken essential steps to enhance its operations and continues

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Articles

Global Schedule Reliability in 2024 stays within 50-55% Range

Sea-Intelligence’s year-end report covering 34 trade routes, showed containership schedule reliability remained relatively stable in 2024 amid disruptions brought on by the Red Sea crisis which forced vessel diversions, longer transits and reduced capacity.  “Throughout 2024, schedule reliability has largely remained within the 50%-55% range. On a Y/Y level, schedule reliability was –3.0 percentage points lower

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Articles

Will the Gaza Ceasefire Deal Bring Ocean Carriers Back to the Red Sea?

Commercial shipping may resume through the Suez Canal by late February, depending on whether the conditions outlined in the ceasefire agreement between Israel and Hamas are met. Attacks on commercial vessels by Houthi militia have disrupted global shipping, forcing diversions to the longer and more costly journeys around the Cape of Good Hope for the

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Articles

Carriers Expand Regional Connections Despite Intra-Asia Market Uncertainty

Hapag-Lloyd and CMA CGM are boosting their intra-Asia networks with new services and extra port calls. The updates in connectivity are taking place alongside alliance reshuffles, including the Gemini Cooperation partnership between Maersk and Hapag-Lloyd starting February 1. Hapag-Lloyd’s updates include a Vietnam-Cambodia-China (VCS) service launching on January 18, linking ports in Southeast Asia to Gemini’s

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Articles

Retailers Drive U.S. Port Volumes with Front-Loading

Major U.S container ports are recording high import volumes as retailers continue to front-load and the National Retail Federation (NRF) expects this trend to continue. NRF Vice President for Supply Chain and Customs Policy, Jonathan Gold, explained that even though a second U.S. port strike was averted, retailers had already rushed to ship their imports

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Articles

Airfreight Ends 2024 Strong, Faces Softer Growth in 2025

The airfreight industry enters 2025 with cautious optimism despite slowing growth and geopolitical concerns. While 2024 saw significant gains, including 14 straight months of double-digit demand growth, December showed signs of cooling with just 6% higher tonnage compared to the previous year, according to WorldACD. Global spot rates were 15% higher in December than the

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