SHIPPING
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Spot market rates unlikely to reach pandemic highs, but industry response critical
July 5, 2024 - As ocean freight container shipping spot rates continued to spike dramatically in July amid persisting supply chain...
Shipping schedule reliability treads lower, but NAWC saw big improvement
July 5, 2024 - Global shipping schedule reliability in May continued to be lower compared to last year as ocean disruptions continued...
Global schedule reliability increases to highest year-to-date level
July 3, 2024 - Global shipping schedule reliability improved by 3.8 percentage points month-on-month (M/M) in May, marking its highest...
Hapag-Lloyd rebrands terminal business
July 3, 2024 - Hapag-Lloyd's terminal and infrastructure division will adopt a new brand name to reflect its growth ambitions...
Port of LA, Long Beach invest US$25M in truck charging
July 2, 2024 - The ports of Los Angeles and Long Beach will provide US$25 million for a partnership with regional air quality agencies...
Georgia Ports Authority announces new CCO, CFO
July 2, 2024 Georgia Ports Authority (GPA) has announced the appointments of Flavio Batista as chief commercial officer and Rob...
ZIM Launches new China-Los Angeles premium service
July 1, 2024 ZIM Integrated Shipping Services Ltd. (ZIM) has announced the launch of a new premium service, ZIM Central Chi vfrna...
MOL to take 25% equity stake in Sub-Saharan logistics firm, Alistair Group
June 30, 2024 Mitsui O.S.K. Lines, Ltd. (MOL) announced that it has agreed to acquire a 25% stake in Tanzania-based Alistair Group, a...
CREDIT: ISTOCKPHOTO/SHARAMAND Mexico soars on nearshoring, flows from Asia
June 27, 2024 In early May, CMA CGM announced a new trans-Pacific container service for shipments from the Asia-Pacific region to the...
CREDIT: PORT OF LOS ANGELES West Coast ports on the up
June 27, 2024 U.S. West Coast ports have been humming, clocking up double-digit gains in container throughput. Chances of a...
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