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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

Hits

Zhonggu to target containerised dry bulk to fill fleet of new box ships

November 22, 2022 2812 Read More

Zhonggu Logistics, China’s largest coastal liner operator, wants to attract more containerised dry bulk cargo to boost

Carriers 'in panic mode' as recession bites, offering 'crazy' ocean rates

November 21, 2022 10483 Read More

Ocean carriers are said to be in “panic mode” as bookings from China to North Europe and the US west coast tank, causi

Ro-ro market rebounds as rates double and vessel space is at a premium

November 21, 2022 5979 Read More

As the container shipping bonanza comes to an end, the ro-ro market has come alive, with full ships, spot rates in the s

'Ban' on expensive airfreight as hard-hit retailers review supply chains

November 21, 2022 6118 Read More

Retailers are rejecting air freight, and returning to the ocean market where prices are low and reliability has imp

Korean shipping lines promised billions in state support as profits fade

November 21, 2022 6585 Read More

South Korea’s minister for oceans and fisheries has assured the country's container shipping companies his ministry

UAE's AD Ports Group scoops up Noatum Logistics for $680m

November 21, 2022 6660 Read More

It’s been a long and winding road for Noatum Logistics, formerly known as MIQ and, before that, YRC Logistics.AD Ports

Improved shipping reliability adds to retailer woes as more stock pours in

November 18, 2022 8850 Read More

Less congestion on the high seas has put additional pressure on some retailers, already struggling with too much stock.W

Cargologicair goes into administration – 'killed' by UK red tape

November 18, 2022 3823 Read More

UK freighter operator Cargologicair (CLA) has finally gone into administration – but at a cost to UK jobs and trade, it

Zim will focus on niche markets as it prepares for the ‘new normal’

November 18, 2022 7889 Read More

Israeli ocean carrier Zim said yesterday it expected freight rates to keep falling and was preparing for the ‘new norma

Australia's FWC vetoes Svitzer tugboat lockout to avoid economic damage

November 18, 2022 5064 Read More

Following intense political pressure and intervention from Australia’s Fair Work Commission (FWC), Svitzer’s planned l

Some relief for loss-making SpiceJet as air cargo enjoys 'its best times in India'

November 17, 2022 7196 Read More

Cargo may be saving the day for India’s airlines.Low-cost carrier SpiceJet – plagued by long-running cashflow problems

Europe's feeder operators feel the pressure as volumes from Asia decline

November 17, 2022 6849 Read More

The knock-on effect from blanked sailings from Asia has significantly reduced the need for feeder services across North

Shippers face a 'stick or twist' contract choice as economies flounder

November 17, 2022 3390 Read More

As Europe’s contracting season approaches, shippers and forwarders are considering their options for the forthcoming ye

Low ocean shipping rates here to stay as overcapacity looms

November 17, 2022 7249 Read More

Carrier expectations of a rule-enforced ship-scrapping bonanza – and capacity reduction of around 10% – are “overblow

NOOs fear looming glut of new tonnage as charter market bull run ends

November 16, 2022 5805 Read More

Containership owners are increasingly concerned that an historically high orderbook will have a negative effect on their

Florida shipper sues, claiming Maersk 'flouts the law to rake in profits'

November 15, 2022 4324 Read More

Ocean carriers are heavily discounting spot cargo from Asia as ‘top up’ for their much higher paying contract business

Carriers lose pricing discipline with 'unsustainable' ex-Asia freight rates

November 15, 2022 8877 Read More

Ocean carriers are heavily discounting spot cargo from Asia as ‘top up’ for their much higher paying contract business

Air Canada Cargo expands freighter fleet and network, and horses are back

November 15, 2022 3420 Read More

Air Canada (AC) keeps expanding its network as more freighters join its fleet, and it has added horse traffic to its ser

COP27: Collective bargaining may be a route to greener shipping

November 15, 2022 6085 Read More

BCOs and forwarders can now negotiate collectively to buy biofuels, following the launch of a scheme at Cop, within the

M&A-hungry Rhenus – 'now we're really global' – aims to triple in size

November 15, 2022 5623 Read More

Rhenus Logistics has just three years to almost triple in size – that is, admittedly, a target set for itself, but it m

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