Soaring trans-Pacific spot rates add twist to last-minute service contract talks
The jump in spot rates comes as factories in China saw an increase in purchase orders in April while strong…
Baltimore readying for return of Asia volumes as recovery takes shape: port CEO
Container lines, which normally operate six weekly services connecting to Baltimore, have begun accepting bookings for shipments to the port…
East Coast ports grapple with ro/ro vessel diversions as Baltimore reopens
While Wallenius Wilhelmsen has signed a terminal expansion deal at Brunswick, it will not be leaving Baltimore, the ro/ro carrier…
Ocean carriers target growing China-Mexico trade with new express services
The launch of the new services comes amid an investment boom by Chinese companies in Mexico as part of wider…
Ex-Slync CEO Urban joins Chain.io board to bolster company’s growth
John Urban spent a year as chairman and CEO trying to salvage Slync, the logistics automation platform negatively impacted by…
Hapag-Lloyd adds space guarantee fee for India-US loads amid sailing cuts
One forwarder that had a recent cargo sail from Mundra complained that loading was only confirmed subject to the additional…
ONE banks $1 billion FY profit on Red Sea-linked boost in ocean rates
Ocean carrier reporting season is off and running and, as expected, the diversion of ships around southern Africa to avoid…
Clean fuels from outside EU face exclusion from green database: industry groups
Biomethane and biomethanol-based fuels suitable for shipping and produced outside Europe may not receive automatic certification within the European Commission’s…
Asia-Europe spot rates move higher as Red Sea crisis impacts weekly voyages
The spread between spot and contract ocean freight rates has widened amid fewer voyages from Asia to Europe due to…
Breakbulk24: Uncertainty driving a holistic approach to project logistics: shippers
Project cargo shippers are pivoting and rethinking their supply chain strategies as global turmoil becomes the norm in a post-pandemic…