Brownsville’s ship channels now deepest along US Gulf Coast
The Brownsville Navigation District unveiled its deeper ship channels last week as the South Texas port aims to be ready for heavier liquid and
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MSC boosts Indian port play with $1.4 billion terminal deal with Adani
The carrier’s acquisition of a 49% stake in the Vizhinjam transshipment hub is said to be the single-largest foreign direct investment into the Indian
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CMA CGM inks $400 million terminal deal at Omani Port of Sohar
The port has played a key role during the Middle East war, with its location just south of the Strait of Hormuz providing the
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Amazon Freight says truckload freight moving to LTL
The e-commerce giant says shipper need for flexibility in a volatile market led it to open its less-than-truckload service to “external” customers.
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Maersk makes big upward revision on full-year financial guidance amid soaring rates
Container freight rates across all the major east–west trades have soared since February as a result of higher bunker fuel prices driven by the
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Hapag-Lloyd’s HGT signs deal for 20% stake in Eurogate Hamburg terminal
The planned addition is part of the carrier’s “Strategy 2030” expansion plan outlined in April 2024 that aims to add between 10 and 15
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FedEx Freight ‘hunting’ for new, high-margin freight amid volume decline
The largest US LTL carrier said it will aggressively pursue business outside LTL’s traditional industrial base, leveraging its national network and service to grow.
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UP extends peak surcharges to all Southern California shippers
The fee, which sources say is $300 per container, applies only after a shipper exceeds its contractual weekly allotment and is reset every week,
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Maersk temporarily shifts SoCal inland volume to UP
The UP routing was initially noticed by freight forwarders and drayage providers in the Chicago area who are increasingly going to UP’s Global IV
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Cosco pulls vessels from CMA CGM’s India-Europe loop as Suez rotation returns
The VSA shakeup follows the French carrier implementing Suez Canal transits for its Epic service sailings, a switchover Cosco continues to remain wary of,
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