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Maersk Raises 2024 Outlook for Third Time Citing Demand and Uncertainty

Freight Demand Is Moderating Heading Toward the Fourth Quarter

Maersk Line to Electrify North American Operations With Swedish Trucks

Panama Canal Continues Progress Toward Normal Operations

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Maersk joins rivals in softening contract conditions for shippers

January 04, 2023 9023 Read More

Ocean carriers are tempting BCOs with a wide range of new, flexible, long-term contract options this year, after shipper

Carriers are facing the 'quiet before the storm' for contract rates

December 30, 2022 7467 Read More

A year ago, shippers were desperate to agree annual contract deals with ocean carriers to secure their supply chains, an

US east coast ports catch a chill in the downturn

December 22, 2022 7912 Read More

The coastal shift of cargo from America’s west coast to the east and Gulf Coast ports could not mitigate a 10% slump in

Maersk's extensive network can keep South China freight moving

December 21, 2022 6770 Read More

While rival carriers brace for restricted South China cargo bookings, due tofeeder/barge service stoppages in the offing

Intra-Asia offers potential as ocean carriers seek new pastures

December 20, 2022 8795 Read More

Ocean carriers are ramping up their intra-Asia connections as US and European importers look to ease their dependence on

UN believes expansion of Black Sea grain deal is unlikely

December 20, 2022 3519 Read More

The Black Sea (BSEA) grain deal brokered by the UN and Turkey that allows Russia and Ukraine to export cargo, is unlikel

Ocean carriers plan to blank half their sailings from Asia, post-CNY

December 19, 2022 7037 Read More

Against a background of extremely weak demand forecasts, ocean carriers are preparing to blank around half their adverti

Australia to investigate soaring profits of container terminal operators

December 16, 2022 9069 Read More

Container terminal companies’ profit margins have soared since the start of the Covid-19 pandemic to levels not seen fo

Costco bites the early off-hire bullet amid demand slump and tumbling rates

December 15, 2022 3906 Read More

The containership charter market correction has seen daily hire rates stabilise at levels roughly twice as high as those

Cathay Pacific November volumes dip, but better days are on the radar

December 15, 2022 5580 Read More

Cathay Pacific suffered a large decline in cargo volumes last month, but there are signs of an uptick for airfreight thi

Fleet-building HMM set to order nine methanol-powered 8,000 teu ships

December 15, 2022 5262 Read More

South Korea’s flagship line, HMM, has invited tenders from its four largest compatriot shipbuilders to build nine 8,000

FedEx LTL consolidation service will make returning retail goods easier

December 15, 2022 4978 Read More

FedEx is strengthening its grip on B2C e-commerce with a new returns service in the US.Next year it will roll out a lowe

Zim crew 'feared for their safety' on Pacific voyage on 'unseaworthy' box ship

December 14, 2022 4264 Read More

Crew onboard theZim Iberiahave written to their crewing agents asking for redeployment after they claim they “feared fo

CMA CGM restricts bookings to South China through January

December 14, 2022 8132 Read More

French liner CMA CGM has told customers it will restrict bookings for shipments due to arrive at ports in southern China

Broken supply chains mean no quick take-offs for freighter conversions

December 13, 2022 6041 Read More

Israel Aerospace Industries’ (IAI) conversion programme for Boeing 777s is behind schedule.The company recently reveale

Kuehne+Nagel and Vestas deepen partnership to support growing demand

December 12, 2022 8021 Read More

Facilitating direct deliveries of spare parts to the wind turbinesServing Vestas’s B2B platform for renewable energy pa

Vincent Clerc to take over as Søren Skou retires from the helm at Maersk

December 12, 2022 6091 Read More

AP Møller Maersk CEO Søren Skou is to retire in January, with CEO of OceanLogistics Vincent Clerc set to take over on

US railways signal possible shift in direction as headwinds gather

December 12, 2022 8763 Read More

Two activist investment groups have proposed investor resolutions at UP and Norfolk Southern (NS), calling on them to of

Wan Hai to scrap 10 older vessels as market turns

December 12, 2022 4053 Read More

Wan Hai Lines has become the first liner operator to take a big step to reduce its tonnage overhang.The Taiwanese compan

MNG Airlines looking for carrier acquisition targets as it eyes a SPAC merger

December 09, 2022 5264 Read More

Turkey's MNG Airlines is looking to acquire an airline in the US or Europe, it told potential investors yesterday.An

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