News

27.05.2020

Top US Shippers: China trade war intensifies sourcing shift in household goods

US imports of Chinese-made household goods fell 15.6 percent to 2.46 million TEU in 2019, while volumes from Vietnam jumped 33.6 percent to 681,537 TEU. Photo […]
27.05.2020

New global initiatives maintain drive to decarbonize shipping

An artist’s impression of a «K» Line ship with a Seawing deployed to reduce emissions. Photo credit: «K» Line. Japanese carrier Kawasaki Kisen Kaisha, or “K” […]
27.05.2020

Rate gains boost Zim’s first quarter earnings

Zim earnings in the first quarter were lifted by an increase in average freight rates. Photo credit: Shutterstock.com. An increase in the average freight rate per […]
27.05.2020

Container shipping passes first COVID-19 test as volume fall deepens

While the container shipping industry has held the line in terms of not chasing shrinking volumes by cutting prices, the pressure from declining volumes will only […]
27.05.2020

Salesforce-based software provider takes network approach to PPE production

Suppliers and logistics providers are having to adapt on the fly to new demand for production of protective equipment as countries battle the coronavirus disease 2019 […]
27.05.2020

Produce lifts refrigerated trucking demand, rates

  Rising demand for produce from Mexico and California is spurring spot rate increases. Photo credit: US Customs and Border Protection Agency. Economic green shoots are […]
27.05.2020

Expeditors acquires early digital forwarding entrant Fleet Logistics

Expeditors’ acquisition of Fleet Logistics represents the first time a major incumbent forwarder has acquired a so-called «digital forwarder.» Photo credit: Shutterstock.com. Expeditors International on Tuesday […]
26.05.2020

Software providers aim to arm Asia logistics network

Emergent technology providers catering to the forwarding industry have been combatting the might of established software suites by linking up. Photo credit: Shutterstock.com. Two logistics software […]
26.05.2020

Singapore’s PIL warns of defaults as it seeks government help

PIL is continuing discussions with two other lenders representing the remaining 2.4 percent of its debt. Photo credit: Shutterstock.com. Singapore-based container line Pacific International Lines on […]
26.05.2020

Top US Shippers: Booming toy demand marches on despite shift away from China

US toy imports rose 3 percent in 2019, faster than the sector’s five-year compound annual growth rate of 2.4 percent. Photo credit: Shutterstock.com. (The following story […]