LONDON – Spot ocean container rates actually fell this week, representing their first decline seen since they began to soar in early May. Spot rates fell 2% this week to an average of $5,806 per ...

The Indian Coast Guard says an explosion and fire have been reported onboard a Singapore-flagged container ship off the coast ...

Ocean freight consolidators are riding ... Michael Troy II, chief development officer, Troy Container Line [Courtesy Photo] "We have definitely seen a rise in LCL requests," said Michael Troy ...

An ocean container capacity crunch has hit global trade just as peak shipping season starts, with freight spot rates up some 30% over the past few weeks and heading higher. Bad weather ...

If a ship will be traveling through, say, the Indian Ocean ... of the container, followed by a serial number (blue) and check digit (red). Once they're loaded, a separate system locates each ...

Andrew Kinsey, a senior marine-risk consultant for Allianz, a global financial services firm, says with heavy weather in the North Pacific Ocean ... says container ships are often loaded at ...