Container shipping as it is bought and sold: carrier capacity and alliance strings, blank sailings, contract season, detention and demurrage disputes, charter and newbuild markets, and the regulatory fights that decide who pays when a box sits. Filed daily by two reporters in Long Beach and one in Rotterdam.
The carrier just posted a 46% jump in ocean operating income and told analysts the fourth quarter will come in below last year — the clearest date yet on when the transpacific squeeze ends.
Two lanes that moved together all summer have come apart — and the transpacific is setting records on volume that is down year over year.
