PSA and Saigon Newport sign MoU on sustainability, supply chain connectivity
PSA Vietnam Pte Ltd (PSA) and Saigon Newport Corporation (SNP) signed a Memorandum of Understanding (MOU) for...
DHL Supply Chain invests €500M in Latin America
DHL Supply Chain is continuing to invest in emerging markets and fast-growing economies amid the growing trend for...
Congestion at ports and increased shipping costs pose unique challenges for U.S. exporters, who have seen the price of shipping containers increase four-fold in just two years. Meanwhile, ocean carriers that are mostly foreign-owned have reported record profits. Amy Klobuchar, U.S. Senator from Minnesota, following passage of the Ocean Shipping Reform Act of 2022.
U.S. Senate passes bill to improve oversight of ocean shipping exports
The United States Senate, in a show of bipartisanism, on April 1, 2022, unanimously passed a bill
Port of LA records strongest cargo volumes so far this year
Cargo throughput at Port of Los Angeles (Port of LA) surged in June, registering the port's best month yet ...
Evergreen inks US$5B deal for 24 methanol-fueled containerships
Evergreen is stepping up its efforts to decarbonise its fleet with the announcement of up to a US$5 billion deal for...
Schiphol fights back cargo theft with new security system
Schiphol Airport is tightening the security of its cargo operations amid the rise in response to rising incidents of...
ONE launches service connecting Europe and South America
Ocean Network Express (ONE) has announced a service — the Latin-East-Coast Europe Express (LUX) — a new weekly service...
Qatar Aviation Services Cargo adds another certification from IATA
Qatar Airways Cargo's ground handling partner, Qatar Aviation Services Cargo, has achieved a miles...
Suez Canal extends rebates for LNG ships in the US-Asia trade
The Suez Canal Authority (SCA) is extending rebates for LNG tankers travelling between the US and Asia through the...
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More and more Asian shippers are routing their waterborne exports to the U.S. through ports in the Gulf of Mexico, notably Houston, in order to avoid the bottlenecks and congestion at other large U.S. gateways.
Asian shippers turn to U.S. Gulf ports
More and more Asian shippers are routing their waterborne exports to the U.S. through ports in the
As fulfillment and delivery rates increase, ecommerce operators are adding surcharges for merchants and pushing consumers away from residential delivery options.
Cost explosion saps e-commerce momentum
Merchants that are using the Fulfillment by Amazon service of the e-commerce behemoth received
Long term rates for US West Coast-Far East reefers at the highest ever level
Long-term rates for reefer containers from the US West Coast to the Far East are at their
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