Increased vessel capacity, reliability key to 2023 reefer rebound
Refrigerated container trade was muted in 2022 due to high costs and poor service, but ocean carriers appear keen to serve those markets in
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EU-Moldova: New agreements on closer cooperation in the areas of customs and taxation
The Commission signed two agreements between the EU and Moldova which cements Moldova’s participation in the EU’s Customs and Fiscalis programmes.
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Uncertain market clouds outlook for South China terminal operator
Slowing global trade and tough Chinese measures to combat COVID-19 infections dragged down volume last year at Hutchison Ports subsidiary HPH Trust.
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Joint Statement: CETA at five years – the cornerstone of Canada/EU economic relations
This Joint Statement was issued following the third Canada-European Union Comprehensive Economic and Trade Agreement (CETA) Joint Committee.
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Overhaul acquisition consolidates freight risk management market
Freight visibility provider Overhaul has acquired a competitor that doubles its size and gives it deeper cargo monitoring capability in Brazil, Mexico, and Central
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Sharp increase in capacity keeps trans-Atlantic rates under pressure
Carriers on the trans-Atlantic find themselves in the curious position of adding capacity to the trade while at the same time having to blank
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MSC extends Asia-USWC string to India as primary market demand wanes
With the extended port reach into India, carriers are looking to fill leftover capacity from Southeast Asia as primary market volumes slow and US
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US retailers’ global sourcing strategy will take time to develop: analysts
As the size of China’s workforce declines and production challenges increase, US retailers are shifting to global sourcing strategies, with each sector looking for
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US transport providers lose fewer jobs than expected in January
Courier, trucking, and warehousing firms lost workers last month, but the seasonal surge and purge was more muted than expected, reflecting broader labor market
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End of 2M Alliance will set dominoes in motion across ocean shipping: analyst
The announced dissolution of the 2M Alliance raises the question of what additional large-scale dominoes might be toppling over in the next few years
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