Contents
Delivering Global Trade and Logistics Intelligence. Since 1827. March 2, 2026 • Vol 27 • Issue 3
DEPARTMENTS
32 International Maritime Big fish waters
Hapag-Lloyd’ s purchase of Zim will deepen shipping’ s oligopoly
All ships go to Heaven
Carriers’ scrapping strategy looms large amid growing oversupply
Return of the Houthis
Shippers are shouldering the burden of Red Sea uncertainty as tensions rise again
On the block
Maher’ s next buyer will face billions in upgrades and decisions on capacity
Battle
of the Canal
Panama Ports is seeking“ extensive damages” over its nixed terminal concessions
COLUMNS
4 Reliability vs EBITA By Mark Szakonyi
18 Canal conundrums By Ted Prince
62 Data-centric demand By Jason Miller
84 Irrational exuberance By Jeremy Masters
86 What AI will and won’ t do By Peter Tirschwell
EVERY ISSUE
6 Spotlight 82 By the Numbers 85 Classifieds
ADVERTORIALS
64 Georgia Trade & Logistics 72 AI in Logistics
10 Cover Story / Special Report: Trans-Pacific Maritime‘ Bigger and smarter’
LA-LB is expanding to maintain its dominant trans-Pacific share
An inauspicious start
The lack of a pre-Lunar New Year cargo surge bodes poorly
SPECIAL REPORTS
44 Cold Chain South by southeast
Seaboard is restarting a South America service calling at Savannah
Chilling out west
SeaCube is acquiring Martin Container to boost its West Coast cold storage
Owning the berth
Hapag-Lloyd’ s terminal arm is taking full control of a terminal at Port Everglades
42 Logistics Back in fashion
The 4PL model is reemerging as disruptive market dynamics buffet shippers
52 Government Floating fees
The Trump administration has unveiled the mechanisms of its US maritime revitalization
54 Surface Transportation Spotting an opportunity
Intermodal savings spiked in Q4, but providers remain cautious
And the winner is...
UP and J. B. Hunt were voted the best intermodal providers in H2 2025 www. joc. com March 2, 2026 | Journal of Commerce 3