The shift of production from China to southeast Asia is unlikely to stop the trans-Pacific container market from declining this year.
China’s exports to the U.S. contracted last month. Even so, slowing U.S. exports to its trade rival saw China’s trade surplus with the U.S. widen.
Animal rights groups call for the European Commission to ban the live transport of animals following the Black Sea tragedy.
CMA CGM reported solid results for the third quarter of 2019. However, those results were weighed down by the costs of financing its purchase of CEVA Logistics.
Demand could pick up next year, but U.S. elections are one of multiple potential pitfalls delegates at TIACA’s 2019 Executive summit heard this week.
Shippers believe container line consortia are anti-competitive and lack transparency.
The European Commission believes that container shipping lines need consortia to make “operations more financially viable and efficient.”
The new center at Cologne-Bonn Airport will help meet rising demand for express e-commerce shipments.
Japanese mafia are in the firing line after a record 400 kilos of cocaine are found in a container in Japan.
The new 40,000-square-meter center is the size of five football fields and has a sorting capacity of 50,000 shipments per hour.
With Soren Toft, Maersk COO just a week ago, poised to become MSC’s new CEO, FreightWaves examines which carrier rules the waves.
Europol believe Italy’s ‘Ndrangheta mafia is behind the use of Gioia Tauro as a cocaine hub for western Europe.
The shipping grapevine is abuzz with rumors that the man who was Maersk’s COO until Monday (Nov. 11) could soon be leading MSC.
Focus on profitability over market share bears fruit for Danish container shipping giant.
CEO tells FreightWaves the U.S.-China trade war has transformed the trans-Pacific trade and customers are receptive to paying IMO 2020 bills.
Maersk, MSC, Hapag-Lloyd and COSCO will be the main market share “losers”, says Alphaliner.
Although air freight prices have been edging upwards, sources suggest the 2019 peak season might be short-lived.
Brexit-driven scramble for supply chain properties continues as Tristan plans $165 million investment in Dutch logistics platform.
The Deutsche Post DHL Group subsidiary claims its new digital road freight platform is the continent’s first.
Capacity cuts by lines and higher bunker surcharges as IMO 2020 low sulfur fuels are phased in are fueling box freight rate inflation.
