Latest News Updates From Brendan Murray

Government, Business, Logistics

229% Surge in China-US Shipping Costs Drives Inflation Pressure

The cost to ship a boxload of goods to the U.S. from China edged close to $10,000 as the world’s biggest economy keeps vacuuming up imports amid slower recoveries from the pandemic from Europe to Asia.

July 8, 2021
Government, Business, Logistics

Here’s Why You Should Christmas Shop Early

If it seems like shipping delays and soaring delivery costs aren’t getting any better, it’s because by some metrics they’re both getting worse.

June 28, 2021
Government, Business, Logistics

Top Maritime Regulator Sees Shipping Snarls Lasting to 2022

The top U.S. maritime regulator said stretched global supply chains pushing ocean-freight rates to record highs may stay strained into 2022, raising concerns about whether small American companies can weather another year of a tangled transport system and much higher costs.

June 9, 2021
Business, Logistics

Shipping Container Rates Top $10,000 From Asia to Europe

The cost to move goods in a shipping container to Europe from Asia shot above $10,000 for the first time on record, an index showed, underscoring the pain inflicted on exporters and importers struggling with stretched supply chains.

May 27, 2021
Business

L.A. Ports Are Slowly Chipping Away at Ship Backlog

Ship congestion outside the busiest U.S. gateway for trade with Asia eased over the past week, with the number of container vessels waiting to enter the twin ports of Los Angeles and Long Beach staying below 20 for five straight days.

April 26, 2021
Business, Logistics, Top 50

Hapag-Lloyd CEO Says Ocean-Shipping Demand Staying ‘Very Strong’

Robust demand for shipping goods across the world’s oceans shows no signs of slowing down, the chief executive of Germany’s largest container carrier said, signaling that elevated rates in the tight market for seaborne cargo may extend into the second half of the year.

April 9, 2021
Business, Equipment, Logistics

Shipping Pallets Stage Pandemic-Era Rally

After carrying the weight of the global economy since World War II with little fanfare, the lowly shipping pallet is finally commanding some respect.

April 9, 2021
Business, Technology, Logistics, Top 50

Drones Could Help Bridge Divides for Vaccine Distribution

The challenge of ensuring equitable distribution of the coronavirus vaccine is one of global scale, and the city of Miami provides a backdrop for the social and economic divides that the medical community must overcome.

April 3, 2021
Business, Logistics

World’s Other Major Shipping Pileup Is Still Clogging Trade

Ship congestion outside the biggest U.S. gateway for Asian imports worsened from a week ago, highlighting a headwind facing American companies just as a pileup around the Suez Canal had threatened to tangle Europe’s supply chains.

March 29, 2021
Government, Business, Logistics, Top 50

US Steps Up Heat on Container Carriers to Ease Port Congestion

U.S. regulators stepped up the heat on ocean shipping companies and the seaport terminals some of them operate, seeking to smooth the disrupted flow of containers that are swamping America’s biggest ports and wreaking havoc on the nation’s strained supply chains.

February 18, 2021