Latest News for: Freight ship

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Freight forwarders seek default judgment against Shipping Lines over port charges

Business Ghana 21 Mar 2025
Legal experts suggest that if the court grants the default judgment, it could set a precedent for future disputes between freight forwarders and shipping companies regarding arbitrary port charges.
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FedEx warns of 'continued weakness and uncertainty' in the US industrial economy

Business Insider 21 Mar 2025
Etienne DE MALGLAIVE/Getty ImagesFedEx revised its outlook downward, citing "weakness and uncertainty" in the US industrial economy.The shipping giant said its freight and business-to-business demand ...
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FedEx falls after profit outlook is cut again on economic woes

Detroit news 21 Mar 2025
Subramaniam said in the statement that the company faced a “very challenging” operating environment in the period that included a shorter peak shipping season and severe weather ... express shipping.
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Bluebridge to replace 28-year-old ferry with new vessel in major upgrade

NewstalkZB 21 Mar 2025
Bluebridge has announced it will buy a new ship to replace its 28-year-old Cook Strait ferry ... we wanted to be able to provide more freight and passenger capacity and the Livia delivers both.”.
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64-year-old crushed under lifter machine at Uran shipping yard

Hindustan Times 21 Mar 2025
A 64-year-old watchman lost his life in an accident when a lifter machine allegedly operated by a 24-year-old man ran over him at a freight shipping container yard in Khopta, Uran ... 64-year-old crushed under lifter machine at Uran shipping yard ... ....
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$3.5m: How much this COSCO ship might be charged when calling at a US port

Splash24/7 21 Mar 2025
a per ship penalty imposed on smaller ships) would likely have a detrimental effect on niche markets where the route and geographic scope does not allow shipping lines to consolidate freight movement ...
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China's Iranian Oil Imports Will Slow Under US Sanctions

MarineLink 21 Mar 2025
Iranian oil flows to China had already dropped due to rising freight costs as earlier sanctions hit shipping capacity, said traders, including three directly involved in the business ... Freight costs for ...
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Stock of the Day: FedEx drops 9% after 2025 forecast cut fans fears of economic uncertainty

Business Insider 21 Mar 2025
AP/Mark LennihanFedEx dropped 9% in premarket trading Friday.The shipping and freight company lowered its fiscal 2025 outlook amid economic uncertainty.Adjusted earnings per share are projected at $18-$18.60.
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S&P Global: 'No alternative' to China-built ships which control 60% of global shipbuilding capacity

CNBC 21 Mar 2025
Rahul Kapoor of S&P Global Commodity Insights says shipyards in Japan and Korea have limited available shipbuilding capacity, and that removing Chinese made vessels will create a 'two-tier market', with Chinese ships freight rates being discounted ... .
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Clash on legal status of California transportation waivers highlighted at TCA

Freight Waves 21 Mar 2025
US port fees on Chinese ships will hurt freight markets. Carriers big and small at TCA wait for signs of freight market turnaround.
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It’s nearly impossible to get rid of a camp stove fuel canister in Maine

Bangor Daily News 21 Mar 2025
People call asking to ship them to us,” Verville said. “But just shipping alone from the Northeast is $400-500 dollars because they can’t be shipped UPS or FedEx. They have to be shipped by freight companies by ground.”.
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When being rational is irrational

Splash24/7 20 Mar 2025
Two ships for one cargo and freight is going through the floor. Two cargoes for one ship and freight is going through the roof. Spot shipping is simply supply and demand, stupid ... Shipping is a derivative ...
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Trump's planned fees on China-linked ships put crimp on miners, energy sector, farmers

Des Moines Register 20 Mar 2025
Fire, smoke rising from tanker, cargo ship after collision ... oil tanker carrying jet fuel and a cargo ship collided and caught fire off the English coast ... shipbuilding using massive fees on China-linked ship visits to American ports is causing U.S.
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Proposed US port fees on China-built ships begins choking coal, agriculture exports

Hong Kong Standard 20 Mar 2025
shipbuilding using massive fees on China-linked ship visits to American ports is causing U.S. coal inventories to swell and stoking uncertainty in the embattled agriculture market, as exporters struggle to find ships to send goods abroad.
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