Robust Asia–Med demand continues to outpace North Europe growth
Despite unfavorable comparisons with last year, volume between Asia and the Mediterranean has surpassed that recorded in pre-pandemic 2019.
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ILA seeks arbitration with carriers in new Leatherman suit
The latest lawsuit from International Longshoremen’s Association ups the damages the union is seeking from ocean carriers that used the Port of Charleston’s Hugh
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Chassis maker CIE halts US equipment imports
CIE Manufacturing, a major manufacturer of new chassis, has suspended all imports of chassis into the US in response to an investigation by US
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ILWU Canada contract ratification ensures BC port peace
The disruption laid bare the limits the Trudeau government will exercise to push both sides to a deal that was ratified Friday by
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Maersk’s lagging ‘integrator’ plan now needs to winnow costs: Clerc
Maersk has invested $10.5 billion in its logistics and services business to date, but results are falling behind plan after last year’s volumes evaporated.
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XPO plans to add capacity as LTL freight volumes surge
Shipment volume at the third-largest LTL carrier in the US jumped nearly 9% in July from a year ago and 3.2% from June as
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Shippers in control as summer slump, surplus space cuts air cargo rates
Air cargo capacity continues to grow through the summer, outpacing weak demand from major destination markets with no sign yet of any turnaround.
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Truckload carriers driving through lengthy freight market ‘bottom’
US truckload carrier executives say they don’t see any signs that freight demand will pick back up until the end of 2023.
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Maersk’s contract business cushions impact of ‘normalizing’ market
The carrier has more than two-thirds of its volume under long-term agreements, which provided some insulation from the tumbling second-quarter spot market.
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Ocean carriers, retailers failing in drive to decarbonize: Ship It Zero
A report card from the environmental campaigner claimed there was distinct lack of progress from the world’s largest retailers and ocean carriers on reducing
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