Transpacific shipping costs have fallen by 53% in the past three months.
July 13, 2022ocean shipping News Updates
Ocean Shipping Rates Begin to Decline
Ocean Shipping Reform Act Won鈥檛 Benefit Port of Vancouver
Consumers and exporters saw financial turmoil from tumultuous international shipping practices in the past year. But the Port of Vancouver was not impacted like other harbors were.
June 23, 2022Biden Signs Ocean Shipping Reform Act
President Joe Biden on June 16 signed the Ocean Shipping Reform Act, a legislative package designed to bolster the domestic shipping industry, and which drew praise from transportation and business leaders.
June 14, 2022Biden Pushes to Lower Ocean Shipping Costs
WASHINGTON 鈥 President Joe Biden launched a renewed push June 9 to reduce the costs of shipping goods across oceans, a major challenge for retailers that the White House said has pushed up prices as the world emerges from the coronavirus pandemic.
June 9, 2022US Ports鈥 Digital Tools Lag Overseas Counterparts
The giant ports in Southern California and across the U.S. greatly lag their counterparts in Europe and other regions using digital technology to optimize operations. That was the consensus of a panel discussion at the Metrans International Urban Freight Conference.
May 27, 2022Ports Maintain High Volumes in April
Imports continue to dominate the cargo at the nation鈥檚 ports, and the nation鈥檚 busiest 鈥 the Port of Los Angeles 鈥 reported its second-busiest April in its 115-year-plus history,
May 23, 2022China鈥檚 Port Lockdowns Threaten Domestic Trucking
China locking down key port cities because of a new outbreak of the coronavirus could have serious ramifications for trucking in the United States.
May 5, 2022Sen. Klobuchar Presses Passage of Shipping Bill
As supply chain woes continue to affect the commercial transportation industry, Sen. Amy Klobuchar called on colleagues to pass legislation meant to facilitate the movement of freight at the nation鈥檚 ports.
May 3, 2022Ports on Both Coasts Set Records in March
Container ports in March were operating at, or near, record levels on the Pacific and Atlantic coasts.
April 20, 2022Warren Says Ocean Freight Alliances Add to Inflation
Sen. Elizabeth Warren (D-Mass.) blamed rising U.S. inflation in part on the largest ocean shipping companies, calling 鈥渢he anti-competitive nature鈥 of the industry the root cause of soaring prices to transport goods around the global economy.
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