Overcapacity and global trade headwinds sent Maersk to a Q4 pre-tax loss on container volumes that improved by 8%.
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.
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.
A chilling video by Yemen’s Houthi militia seemed to threaten more violence against Red Sea shipping if the U.S. attacks Iran.
Ocean container shipping holds its collective breath as Trump threatens new EU tariffs over Greenland purchase.
A return of major liners to the Red Sea could return massive capacity to shipping and further pressure rates in an uneven market, an analyst says.
Maersk is returning to the Red Sea for the first time since Houthi rebels began attacking shipping in 2023.
Iran protests could signal a positive change for shipping as Maersk makes another successful voyage on the contested Red Sea-Suez Canal shipping route.
Maersk has promoted its Asia Pacific chief and former Schenker executive to lead its North America business.
Israel-based Zim said it is evaluating multiple acquisition proposals reported to include Maersk, MSC and Hapag-Lloyd but has ruled out a buyout by its CEO.
The U.S. ocean container market is a tale of two coasts as carriers manage divergent conditions, notes analyst Xeneta.
This week in Borderlands Mexico: U.S.–Mexico trade stays dominant in September, tops $71B; Maersk opens $15M depot near Port of Manzanillo; and Wayside Distribution Center aims to boost Houston supply chains.
A Maersk vessel made a successful transit of the Red Sea, but the carrier said it is not ready to commit to a full return to the Suez Canal trade route.
Maersk and Hapag-Lloyd said they are eliminating a U.S. East Coast call as the Gemini partners fine-tune North Europe-North America services.
Maersk has appointed a new CFO and shifted regional business leaders, including for North America, as rival carriers chip away at its dominant position in the global shipping business.
Hapag-Lloyd wants to buy Israel’s Zim container line, but Arab investment in the German company could push a deal to another suitor.
Container rates on the benchmark Asia-U.S. container trade route fell due to overcapacity, while a Red Sea return may pressure rates, and congestion.
Maersk denied reports that it has set a timeline to resume services through the Red Sea-Suez Canal route.
Maersk is moving its North American headquarters to North Carolina after many years operating out of northern New Jersey.
Investigators said an improperly placed label on a wire caused a container ship to lose power and crash into the Francis Scott Key bridge in Baltimore in 2024.
Hapag-Lloyd saw profits tumble as global trade uncertainty hurt container rates despite higher revenue.
Yemen militia’s possible halt to Red Sea attacks may drastically cut shipping freight rates, but uncertainties persist.
The Suez Canal Authority held discussions with major ocean shipping lines to discuss a return to the strife-torn Red Sea route.
Maersk adjusted a portion of its guidance upward for 2025 earnings after a quarter that saw higher volumes but lower profits.
Container rates on key trans-Pacific routes accelerated their decline as China and the U.S. escalated their trade war.
This week in Borderlands: A. Duie Pyle expands into cross-border LTL market; Mexico’s heavy-duty truck industry braces for slowdown and Maersk opens new Dallas-Fort Worth freight hub.
A Danish diplomat said shipping giant Maersk is closely following events in the Middle East as it eyes a return to the Suez Canal.
While Israel and Hamas meet to discuss a U.S. proposal for ending the war in Gaza, it’s uncertain whether a peace deal will return major shipping lines to the Red Sea and Suez Canal.
Maersk won’t levy a surcharge when U.S. fees on China-linked ships take effect in October.
Container spot rates on the eastbound trans-Pacific reverse course as liner operators redeploy Chinese-built ships away from U.S. services ahead of punitive port fees.
Maersk revised its full-year forecast upward on “resilient demand”
Shipping giant Maersk is urging the FMC to resist an independent US enforcement regime – as some recommend – to combat renegade ship owners.
Once the exception and now the rule, disruptions are a way of life in the global supply chain. But experts told a recent podcast that shippers can still make hay even as they take steps to find their way.
Maersk said it has re-opened services to Haifa port days after Iranian missile barrages hit the Israeli city.
Maersk has rolled out an AI-powered program aimed at streamlining complex customs processes.
Maersk said it was suspending service to Israel’s busiest port just prior to Iran’s missile attack.
Israel’s ports are operating as usual as Jerusalem and Tehran trade missile strikes.
Maersk (OTC: AMKBY) and Hapag-Lloyd (OTC: HPGLY) announced new container services from East Asia to the U.S. Port of Long Beach. The additions by the Gemini Cooperation partners, which include the redeployment of at least one ship back into the eastbound trans-Pacific to U.S. West Coast trade, come as carriers scale up during a 90-day […]
A.P. Moller-Maersk, parent of the world’s second-largest shipping line, said that as of late May it has bought back almost $600 million worth of stock.
Intermodal volumes so far seem to be dodging the “air pocket” expected in the wake of steep tariffs on goods from China.
The tariff pause saw Hapag-Lloyd bookings from China to the United States increase 50%.
Shippers are rushing to bring in stalled China imports following a pause in the U.S.-Sino tariff fight.
The world’s second-largest container carrier wants to kick-start the reset of China-U.S. shipping with a sale on freight rates.
Container lines welcomed a pause in the tariff war that has crippled trade between the United States and China.
The parent of Maersk, the second-largest ocean container carrier, revised its full-year box outlook, saying tariffs could cut global volumes by 1% from a year ago.
The world’s second-largest container shipping line sees no immediate changes from U.S. ship fees.
Shippers and liner operators are struggling to adapt to drastic changes across the maritime supply chain.
Another early peak container shipping season is on tap as Asia-Pacific trade is predicted to outpace a global economic slowdown.
Supply chain visibility topped a relevancy survey of logistics providers by shipping giant Maersk, while AI brought up the bottom of the list.
The freight and transportation industry saw another big round of layoffs at the end of the first-quarter.
Maersk subsidiary APM Terminals has signed a 33-year lease with the Port Authority of New York and New Jersey, the longest in port history.
A ONE container ship hit the bow of a Maersk boxship in Hong Kong.
Maersk, the world’s second-largest container line, reported solid gains in 2024 in its ocean, logistics and terminals businesses.
Container operator Hapag-Lloyd said preliminary results for fiscal year 2024 were improved over the previous year.
Here’s what you need to know as ocean carrier alliances prepare to deploy new and reorganized container services.
Maersk has won an additional two years for domestic container transshipments between ports in China. China’s Transport Ministry this week announced an extension of the pilot cabotage program through December 2027. The program aims to improve domestic export and import container flows between Yangshan port in Shanghai and select ports in northern China. It will […]
Several freighter operators are flying new routes this year between Europe, Asia and the Middle East to meet increased customer demand.
Maersk this week called on shippers to clear out laden containers ahead of a possible strike by union longshore workers at East and Gulf Coast ports.
The Port of Jacksonville is taking on a larger role in 2025 as ocean container lines add the north Florida hub to their global services.
Maersk is moving a China air cargo service back to South Carolina after a six-month pause during which the freighter was used to start a new route to the Chicago area.
A.P. Moller-Maersk has signed contracts for 20 new dual-fuel container ships set for delivery in 2028-2030.
The parent of container liner operator Maersk turned in quarterly revenue and profits higher than a year ago as attacks on Mideast shipping led to higher operating costs – and higher rates for shippers.
The parent of Maersk container line said strong demand for shipping services and higher ocean freight rates fueled growth across all businesses as it raised estimates for full-year results.
Strong third-quarter volumes have the world’s second-largest ocean container line upgrading its forecast for higher full-year returns.
Maersk has taken over a major logistics function in the United States on behalf of Levi Strauss, feeding merchandise to the retailer’s stores and filling online orders.
President Joe Biden broke his silence Tuesday on the port labor dispute by backing the striking dockworkers.
The White House is getting pressure from Congress to relieve tension on the waterfront after Biden pledged not to get involved.
Continued robust demand for container shipping services could help balance supply and demand, the world’s second-largest vessel operator said, easing strains despite disruptions across the global supply chain.
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This week in Borderlands: Wiliot chatbot would like a word about food supply chain safety; Maersk opens logistics warehouse in El Paso; Stotland Trucking expands operations in Texas; and Continental Tire plans $87M Fort Worth production facility.
The airline subsidiaries of ocean lines CMA CGM and Maersk are offering service from China to Northern Europe and the U.S., respectively.
A feasibility study of nuclear-powered container ships to lower emissions teams Maersk, the world’s second-largest container line, with vessel classification society Lloyd’s Register and nuclear power specialist Core Power.
Digital freight forwarder Flexport has appointed Trine Nielsen as global head of ocean freight.
The U.S.-flag subsidiary of shipping leviathan Maersk has agreed to a settlement with the U.S. government over the termination of a seaman who alerted authorities to potential unsafe conditions on a cargo vessel.without first notifying the company.
Maersk Air Cargo will operate its first Boeing 777 freighter between Denmark and China.
Maersk has ambitious plans for its dedicated cargo airline to become a major piece of its integrated logistics service, alongside its ocean container business.
The International Longshoremen’s Association is in a contract dispute with ocean carriers over wage increases and use of automation.
Logistics real estate operator Prologis and Maersk subsidiary, Performance Team, launch a 96-truck electric charging station in Southern California.
Maersk is pursuing its air cargo ambitions with a new freight station in Miami and its first two Boeing 777 freighters.
The MV Dali container ship that caused the collapse of the Francis Scott Key Bridge in Baltimore was involved in a collision in 2016.
Maersk teamed up with FreightWaves to better understand how shippers are navigating the current air cargo environment. The duo surveyed representatives of a wide range of companies about their experience over the past year, as well as their expectations about the future.
This week in Borderlands: Echo Global Logistics grows cross-border footprint as trade booms; Maersk launches cross-border warehouse in Tijuana; Yokohama announces $380M tire plant in Mexico; and Legendz Way to open distribution center in North Texas.
How do you spend $41 billion without buying more ships?
Maersk has opted to bypass the drought-stricken Panama Canal and use rail to transport cargo across Panama.
White House spokesman John Kirby said shipping risks caused by the Middle East conflict could become a “pocketbook” issue for Americans.
Container-ship route diversions — first to avoid the Panama Canal, now to avoid Red Sea chaos — could help offset rate pressure from newbuilding deliveries.
Time is running out for container lines as contract rate renewal season nears and spot rates fail to recover.
“This is not a diet. This is a resetting of the baseline,” said Maersk CEO Vincent Clerc on his company’s job cuts.
The decision to prioritize technology in a business so reliant on people to cover loads and deal with exceptions is poignant in the wake of the past week’s events.
“AI-powered insights help customers take informed action, like seeking alternative suppliers, tracing their raw materials, identifying potential geographic concentrations and targeting risky supplier networks,” says Altana Technologies’ Amy Morgan.
Can Outrider hold onto its healthy lead in distribution yard autonomy as competition begins to form?
Inflation and economic fallout from the war are curbing demand just as a tidal wave of new ship supply hits the water.
This week in Borderlands: Mexico remained the top U.S. trade partner in July and Laredo was the No. 1 gateway; production and exports of Mexican-built trucks slipped in August; Maersk has teamed up with Fabric to open a Dallas e-commerce center; and a cargo checkpoint opens at a Texas border port of entry.
Unprecedented supply-demand imbalances amid the pandemic led to historic dividend payouts by container shipping lines.
Despite upgrading its full-year outlook, container shipping giant Maersk no longer sees a second-half demand rebound.
Requiring container ship operators to file an export policy would be too costly — and unlawful as well, carriers tell regulators.
Maersk Air Cargo is growing its small U.S. footprint with a cargo facility near the Atlanta airport.
Inventory destocking is the biggest container shipping headwind, says Maersk. Its data shows no evidence of inventory pressures alleviating yet.
