Rodolphe Saadé, CEO of CMA CGM, is expected to be elected as chairman of CEVA during annual meeting in April.
A World Shipping Council study outlines benefits of vessel-sharing agreements as European regulators study whether to extend antitrust protections past April 2020.
Drewry says container carriers may try to mitigate the rising cost of fuel by slowing ship speeds and relying more on feeder ships.
Rates from Asia to the U.S. East Coast have fallen since the fourth quarter of 2018, and there are “several signs of slowing world trade.”
The ships will replace older ships and be used in the intra-Asia trade by Sealand, which operates feeder ships for Maersk.
U.K. Freight Transport Association doubles down on advice to members to plan for a worst-case scenario.
French container carrier increases ownership of Swiss logistics company after monthlong tender offer.
Pennsylvania-headquartered 3PL has grown operations from Atlanta to Southern California and wants to accelerate growth.
Lower labor costs make other countries alluring, but China’s transport infrastructure and container services make it hard to beat.
The Kaimana Hila, the sister ship to the Daniel K. Inouye, is expected to enter service in late April.
The Agriculture Transportation Coalition says replacing marine terminal with ballpark would be a step backward and limit potential export growth.
BP Marine says it conducted comprehensive testing of the new fuel that will comply with the IMO regulation that goes into effect next year.
Container volume growth will not outstrip global GDP to the same degree as in the past because many commodities once shipped in bulk already have shifted to containers.
E-commerce giant Alibaba says it will deepen collaboration with the parcel delivery company STO Express
Stevedoring company says the investment by Blackstone Infrastructure Partners is “growth oriented.”
Purchase will add a cloud-based terminal operating system for small container and mixed cargo terminals.
There are worries that the U.S. may be seen as an unreliable source of commodities such as soybeans.
Company plans to improve profits by canceling uneconomical charters and “reducing market-exposed fleets.”
Lars Jensen says while individual carriers and freight forwarders may be under threat, the industry is not.
While the companies agree on how to tackle the low-sulfur fuel mandate, they are pursuing very different corporate strategies.