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US container imports climb 12. 4% in March

4+ hour, 52+ min ago  (212+ words) Descartes Systems Group reported that U. S. container imports rose 12. 4% month-on-month in March 2026, reaching 2. 35 million TEUs. The increase marks a seasonal rebound from February levels. Volumes remained near historic highs, although they were slightly down compared to March 2025. Imports from China fell…...

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CK Hutchison to seek arbitration over Maersk

2+ hour, 52+ min ago  (360+ words) CK Hutchison's Panama-based subsidiary, Panama Ports Company (PPC), is preparing to initiate arbitration proceedings against Maersk over the takeover of two strategic ports near the Panama Canal, according to a report by Reuters. The dispute centers on the Balboa and…...

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Hanseatic Global Terminals takes full ownership of Florida International Terminal

7+ hour, 53+ min ago  (126+ words) Hanseatic Global Terminals has acquired full ownership of Florida International Terminal, LLC (FIT), following a capital structure adjustment with Agunsa USA, an affiliate of Grupo Empresas Navieras. The transaction makes Hanseatic the sole owner of FIT, while AGUNSA exits its…...

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Ocean Alliance launches CBX service linking Asia to Jacksonville

6+ hour, 53+ min ago  (179+ words) The Ocean Alliance has introduced a new direct container service connecting Asia with Jacksonville Port Authority. The weekly Chesapeake Bay Express (CBX) service is operated by CMA CGM, COSCO Shipping, Evergreen Marine, and OOCL. The first call in Jacksonville is…...

Container News
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Freightos Weekly Update: Freight rates elevated, but mostly level, as war stretches on

1+ day, 6+ hour ago  (526+ words) We are approaching six weeks since Iran closed the Strait of Hormuz, and only a few vessels per day are being allowed through. Ships that are transiting are doing so via coordination with Iran and possibly payments ahead of time,…...

Container News
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ONE announces update to East Coast South America service SX2

1+ day, 4+ hour ago  (212+ words) Ocean Network Express has announced the commencement details and terminal information for its enhanced East Coast South America (SX2) service, following a previous update issued in February. The revised SX2 service will connect major ports across Asia and South America, strengthening trade…...

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1+ day, 19+ hour ago  (12+ words) Maersk introduces PSS from US Gulf to West Coast South America'Container News...

Container News
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Drewry Intra-Asia Container Index jumps 28% on Middle East disruption

1+ day, 21+ hour ago  (112+ words) Drewry's Intra-Asia Container Index (IACI) rose 28% in the first week of April, reaching $865 per 40ft container. The index has now increased for three consecutive weeks and stands 29% higher year-on-year. The sharp rise was mainly driven by higher rates on the Shanghai'Jebel…...

Container News
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Explainer: COSCO's fleet expansion as geopolitical positioning

2+ day, 7+ hour ago  (59+ words) Container News As Iran's blockade reduces Hormuz traffic to single digits, China's state shipping giant is ordering US$4 billion worth of LNG-powered vessels a bet on route recovery that doubles as a play for Gulf market dominance. This content is…...

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Maersk increases ECS from Indian Subcontinent to Europe

2+ day, 3+ hour ago  (212+ words) Maersk has announced an increase in its Emergency Contingency Surcharge (ECS) for shipments from the Indian Subcontinent to North Europe and the Mediterranean, covering the E3 W and E4 W trade lanes. The revised surcharge will take effect from 6 April 2026 (Price Calculation…...

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