The four companies allegedly colluded to cut container output to raise prices. The companies account for nearly all of the world's standard shipping containers. China is likely to view the charges as ...
CMA CGM’s finance chief warned the container shipping industry that next year will see a slowdown in global trade. “2026 won’t be a great year for shipping,” Ramon Fernandez, CMA CGM Group’s chief ...
A small container ship transiting eastbound in the Strait of Hormuz was hit by an unknown projectile Wednesday morning, causing a fire in its engine room and forcing its crew to abandon the vessel.
Federal agents are investigating the deaths of six people thought to be immigrants found inside a shipping container at a Union Pacific rail yard near the border with Mexico in Laredo, Texas, on ...
LONG BEACH, Calif., March 2 (Reuters) - Container ships account for roughly 100 of the 750 ships ensnared in the Strait of Hormuz ‌backups following U.S. and Israeli attacks on Iran, Jeremy Nixon, CEO ...
Contractors have long relied on steel containers to protect tools and materials from weather and theft. Now the same logic is spreading across industries.