Shocks to supply chains are engulfing a wider swath of the global economy as the pandemic rages on, threatening to stifle Asia’s trade-led recovery just as soaring freight rates make it harder for businesses to weather another year like 2020.
January 14, 2021GovernmentBusinessLogistics
Vital World Trade Route Roiled by Container Crunch
The humble shipping container has a new status in the COVID-19 pandemic: hot commodity.
November 9, 2020BusinessTechnologySafetyTCA
Georgia Company Builds Hospital Rooms From Shipping Containers
A company is adding more hospital beds for Georgia coronavirus patients one shipping container at a time.
April 17, 2020GovernmentBusinessLogistics
Shipping Container Pileup Could Shut Philippines’ Biggest Port
The Philippines’ largest port could shut in less than a week if shipping containers aren’t moved to free up space for new cargo amid a lockdown that’s preventing businesses from retrieving freight.
April 1, 2020Cargo Container Availability Under Stress as Virus Goes Global
A shipping container shortage that has left everything from Thai curry to Canadian peas idling in ports may be about to get a whole lot worse as China steps up its coronavirus precautions on incoming vessels.
March 19, 2020BusinessEquipment
North Florida Warehouse FTZ Debuts Heavy-Lift Service at Jacksonville TraPac Terminal
North Florida Warehouse FTZ has launched its heavy-lift service at the TraPac container terminal in Jacksonville, Fla.
March 14, 2019BusinessTechnologyLogistics
WiseTech Global Acquires Singapore Firm Containerchain
WiseTech Global, a logistics company based in Sydney, has acquired Containerchain, a container logistics provider that does business in Asia, Europe and the United States, according to a WiseTech news release.
March 8, 2019Business
Timber Investments Acquires 51% Interest in Columbia Containers
Timber Investments Ltd. said it has completed the purchase of a 51% interest in Columbia Containers Ltd. from Providence Grain Group, which will retain 49% ownership.
February 19, 2019GovernmentBusiness
Volume Growth Continues at Nation's Ports as US, China Resume Trade Talks
The nation’s ports continued to see steady growth in November cargo volume, as shippers moved goods to the United States from overseas in advance of the holiday shopping season and rushed to get cargo stateside ahead of expected tariffs on shipments from China.
December 27, 2018Business
Blackstone, KKR Said to Pursue $1 Billion Container Terminal
Cosco Shipping Holdings Co.’s sale of a container terminal in Long Beach, Calif., has drawn interest from potential buyers, including Blackstone Group LP and KKR & Co., people familiar with the matter said.
December 13, 2018