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A trucking entrepreneur, Malcolm McLean recognized the inefficiencies of traditional cargo handling methods and saw an opportunity for innovation. In 1956, he launched the first container ship , the Ideal X, carrying metal containers from New Jersey to Houston. Article and permission to publish here provided by Biswajit Rakshit.
The immediate aftermath of the Trump administration’s 125% tariff announcement on China on April 2 saw ocean freight bookings fall 67% week-over-week Following on from the dramatic tit-for-tat increases in bilateral tariffs and the suspension of de minimis for packages from China into the U.S.
The need to know from Reuters’ global network of journalists Retailers rush to save US summer shopping season U.S. Container ship owners swamped as US-China trade detente revives demand Container ship bookings for China-to-U.S. China to US ocean cargo bookings surge after tariff pause, Vizion says U.S.
Hapag-Lloyd has released plans to utilize the newly developed Container Payment Portal (CPP) to accelerate cargo movement for customers and supporting terminal operators. It ensures secure, efficient, and transparent transactions, helpingHapag Lloyd’s terminal partners and customers improve cargo flow across U.S.
Maritime shipping has long been the backbone of international trade, facilitating the transport of goods across oceans and connecting distant markets. However, the efficiency of maritime shipping has always been—and continues to be—dependent on interdependent variables. manufacturers, including McCormick & Co. and General Motors.
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