Brendan Murray
Hapag-Lloyd CEO Says Ocean-Shipping Demand Staying ‘Very Strong’
Krisztian Bocsi/Bloomberg News
Robust demand for shipping goods across the world’s oceans shows no signs of slowing down, the chief executive of Germany’s largest container carrier said, signaling that elevated rates in the tight market for seaborne cargo may extend into the second half of the year.
April 9, 2021Shipping Pallets Stage Pandemic-Era Rally
An employee uses a forklift truck to move a stack of heat-treated wooden pallets. (Chris Ratcliffe/Bloomberg News)
After carrying the weight of the global economy since World War II with little fanfare, the lowly shipping pallet is finally commanding some respect.
April 9, 2021Drones Could Help Bridge Divides for Vaccine Distribution
Drones could be used to distribute COVID-19 vaccines to remote areas off Florida's coast. (Kobi Wolf/Bloomberg News)
The challenge of ensuring equitable distribution of the coronavirus vaccine is one of global scale, and the city of Miami provides a backdrop for the social and economic divides that the medical community must overcome.
April 3, 2021World’s Other Major Shipping Pileup Is Still Clogging Trade
Containerships wait offshore at the Port of Long Beach in California on March 25. (Bloomberg News)
Ship congestion outside the biggest U.S. gateway for Asian imports worsened from a week ago, highlighting a headwind facing American companies just as a pileup around the Suez Canal had threatened to tangle Europe’s supply chains.
March 29, 2021US Steps Up Heat on Container Carriers to Ease Port Congestion
Buddhika Weerasinghe/Bloomberg News
U.S. regulators stepped up the heat on ocean shipping companies and the seaport terminals some of them operate, seeking to smooth the disrupted flow of containers that are swamping America’s biggest ports and wreaking havoc on the nation’s strained supply chains.
February 18, 2021US Dockworkers May Get Better Vaccine Access
A drive-thru COVID-19 vaccination site at the Long Beach Convention Center in Long Beach, Calif. (Bing Guan/Bloomberg News)
Dockworkers at the busiest U.S. gateway for trade with Asia soon may have better access to coronavirus vaccines, as officials on the West Coast battle congestion blamed on shortages of labor and equipment needed to handle a record influx of cargo.
February 8, 2021Congestion Worsens at Southern California Ports
A containership unloaded at the Port of Los Angeles. (Patrick T. Fallon/Bloomberg News)
Ship congestion around the ports of Los Angeles and Long Beach hit an unprecedented level, worsening the bottleneck at the busiest gateway for U.S. imports.
January 29, 2021Shipping Container Crunch Shows Signs of Easing, Index Shows
Shipping containers sit aboard the CMA CGM SA Jacques Saade LNG container ship at the Port of Le Havre in France on Jan. 21. (Nathan Lane/Bloomberg News)
A global shortage of shipping containers that has sent ocean freight rates skyrocketing shows signs of easing, according to an index that tracks the steel boxes used to transport 90% of the global trade in goods.
January 25, 2021Bottlenecks Wear Down World Economy’s Fleet of Containerships
Gantry cranes sit idle at a container terminal in Long Beach, Calif. (Tim Rue/Bloomberg News)
Container shipping, the backbone of the global trading system, is showing signs of fatigue as the pandemic descends into its darkest days.
December 22, 2020Drones Could Help Bridge the Economic, Social Divides for Vaccine Distribution
Drones could be used to get the COVID-19 vaccines to remote and impoverished areas off Florida's coast. (Kobi Wolf/Bloomberg News)
The challenge of ensuring equitable distribution of the coronavirus vaccine is one of global scale, and the city of Miami provides a backdrop for the social and economic divides that the medical community must overcome.
December 16, 2020