The e-commerce shipping platform granted its customers access to the last-mile parcel delivery service’s network of logistics assets.
After a bounce in January, containerized imports could drop this month to the lowest level since May 2020.
Ocean carrier Maersk sees a rough second half of the year, when remaining support from contract rates “will disappear.”
Stabilizing truckload market may mean bottom is in
The reversion in spot rates is pulling down contract rates, with a significantly delayed effect on ocean carrier earnings.
The tanker industry has a storied history of corporate showdowns. The latest, a three-way tussle involving Euronav, looks far from over.
The 2M partnership between MSC and Maersk — which is breaking up — is the smallest of the three alliances. The Ocean Alliance is much larger.
Merchants on the Shippo platform can now access FedEx services like Ground Economy without creating a FedEx account.
Container shipping rates from Europe to the U.S. are finally falling, but they’re still exceptionally high.
Russian crude restrictions are having the predicted effect on tanker trades, soaking up more vessel capacity as sailing distance lengthens.
Speculation is swirling on how the end of a global container shipping alliance will affect ocean carriers and cargo shippers.
Shipping services around the globe will be reconfigured after the top two carriers end their vessel-sharing agreement.
“We are proud to be part of this first-in-history interoperability launch between eBOL platforms,” said CargoX founder and CEO Stefan Kukman.
Are falling commodity shipping spot rates the result of normal seasonality or a symptom of global economic malaise?
American imports remain a tale of two coasts, with continued strength in container volumes headed to Atlantic ports.
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Imports continue to decline and are close to where they were before COVID-19, but the coastal mix is very different.
Sanctions on Russian crude exports have yet to boost tanker rates. Some question whether sanctions on Russian diesel will either.
Remaining queues of waiting ships are dwindling, another sign that supply chain pressure is winding down.
The top 10 liner operators hiked aggregate capacity by 13% in 2000-22 and continue to control 85% of the global fleet.
