Investors halt deals with DP World over CEO’s Epstein ties
A major Canadian pension fund has halted investment with DP World after the Dubai company’s CEO emerged as an associate of deceased American sex trafficker Jeffrey Epstein.
A major Canadian pension fund has halted investment with DP World after the Dubai company’s CEO emerged as an associate of deceased American sex trafficker Jeffrey Epstein.
A Hong Kong port terminal operator has threatened legal action after its Panama port contracts were cancelled.
Mitsui O.S.K. Lines said a new executive team will succeed Takeshi Hashimoto as leadership of the Japan-based container carrier.
Muted demand marks the trans-Pacific container market post-Lunar New Year as ocean freight rates are easing earlier than usual.
Hapag-Lloyd container volumes increased on robust trade growth but diverted voyages away from the Red Sea hurt average freight rates.
Despite a decline in China trade traffic, the Port of New York-New Jersey saw loaded containers increase in 2025.
A new Toyota processing center at the Port of Jacksonville is expected to boost vehicle volume by 6%.
FedEx has partnered with three investment companies to buy European parcel carrier InPost and take it private, with both sides leveraging complimentary strengths in last-mile delivery and global distribution.
Sun Country Airlines generated record cargo revenue last quarter as its Amazon flying business took off.
The world’s largest asset manager could back an effort by the world’s biggest container line to buy the busiest container terminal at the leading U.S. East Coast port.
ShipTime Canada is expanding its last-mile virtual delivery network with the acquisition of on-demand warehouse platform Warehowz.
Overcapacity and global trade headwinds sent Maersk to a Q4 pre-tax loss on container volumes that improved by 8%.
FedEx has filed plans with local planning authorities for the addition of another major parcel sorting building at its super hub at Memphis airport in Tennessee.
The Chinese company operating ports at the Panama Canal has filed for arbitration after a high court voided its contracts.
One of the biggest ocean container shipping partnerships said it will return to the Red Sea-Suez Canal trade route with help from naval forces.
Falling prices for containers moving from Asia to the United States could be one indicator that truck rates and tender rejections will soon continue to move up.
Canada Post and the Canadian Union of Postal Workers have finally finalized language on a new labor contract. It’s been a long, difficult process.
Ocean Network Express posted a net loss of $88 million in the third fiscal quarter on weaker container traffic and rates.
Maersk Air Cargo is giving up on Boeing 767 freighters for trans-Pacific service and cutting ties with partner airline Amerijet as it transitions to the use of larger, more economical 777 jets.
The Hong Kong company that operates ports at the Panama Canal will have to relinquish control after a court ruling.