Hapag-Lloyd revises Zim offer as Israeli approval concerns persist
Hapag-Lloyd and partner FIMI submit revised terms for their $4.2 billion acquisition of Zim
Hapag-Lloyd and partner FIMI submit revised terms for their $4.2 billion acquisition of Zim
Netstock survey shows small and midsize businesses are diversifying their supplier bases as China lead-time concerns rise.
Trans-Pacific container rates remain near peak-season highs amid resilient U.S.-bound demand and congestion in Asia.
Qatar Airways Cargo, IAG Cargo and the cargo division of Malaysia Airlines have nearly finished integrating their operations and systems for their upcoming joint cargo business.
Suez Canal transits rose 27% year over year in August as shipping lines selectively resumed Red Sea-Suez sailings.
Tractor Supply will soon begin shipping goods to 123 stores from a new distribution center in Idaho.
Wegmans plans to invest in improvements to its grocery supply chain.
Hurricane Polo is disrupting maritime operations along Mexico’s Pacific coast, but large commercial vessels continue operating at the Port of Manzanillo.
Few realize that major contract talks between UPS and the Teamsters union, and between West Coast dock workers and port operators, are scheduled to occur at the same time. The threat of dual strikes could send shockwaves through the business community.
Germany and other countries in central Europe are dealing with high freight transportation costs and supply chain delays because extremely low water levels on the Rhine River, and other tributaries, are curtailing barge traffic.
The Federal Aviation Administration’s rollback of emissions requirements for the legacy Boeing 777 will help mitigate tight capacity in the air cargo sector.
Kuehne+Nagel has won a major logistics contract from Amazon to support the construction and operation of data centers around the world.
U.S. Customs and Border Protection has begun voiding importer-of-record numbers containing inaccurate or incomplete information.
Xeneta: Asia-US spot rates are nearing pandemic records after surging more than 320% since late February.
The cost of fuel for ocean-going cargo ships more than doubled so far this year, although supplies have improved.
Georgia’s Port of Savannah posted solid cargo gains despite typhoons, Panama Canal woes.
Rolf Habben Jansen says container demand has held up better than expected despite tariffs and geopolitical turmoil, while higher costs and uncertainty over Red Sea routings continue to cloud the market outlook.
Imports climbed 3.8% from July to 2.60 million TEUs as gains at East, Gulf and West Coast gateways coincided with a broad increase in sourcing-market volumes and rising port transit delays.
Amazon has stopped using 21 Air, saying it’s a temporary step while it evaluates factors behind the fatal accident with one of its planes last week.
Container carriers Red Sea return is lowering some rates but increasing exposure to potential new disruptions.