News

01.05.2020

Ro-ro shipper Caterpillar idles 25 percent of operations on COVID-19

A Caterpillar Challenger tractor prepares a Ukrainian field for spring sowing. Photo credit: Orest lyzhechka/Shutterstock.com. A quarter of Caterpillar’s global manufacturing operations were shut down as […]
01.05.2020

Smoother trans-Pac contract talks signal evolving carrier-shipper dynamics

According to multiple sources, trans-Pacific container contract negotiations in 2020 have been far less confrontational than usual, as the high-stakes brinkmanship seen in previous years has […]
01.05.2020

Higher margins elude Asia air freight forwarders

The high cost of charter flights is further reducing profit margins on the east-west air trade. Photo credit: Shutterstock.com. Soaring air freight rates out of Asia […]
01.05.2020

Gulf resins, ag shippers to benefit from new Evergreen service

Evergreen’s weekly Caribbean service will expand export opportunities for shippers of resins, poultry, forestry and agricultural products. Photo credit: Shutterstock.com Evergreen Marine Corp. this week launched […]
30.04.2020

Wind propulsion piques interest of MPV, ro-ro carriers

French shipowners are planning two wind-assisted propulsion ro-ro carriers with designs based on traditional sailing ships. Photo credit: Mauric. Wind power is gaining favor with multipurpose […]
30.04.2020

COVID-19 to accelerate logistics industry toward digital, low-growth reality

In a recent survey, 76 percent of logistics professionals that said they expect to make major changes in the wake of COVID-19 said they will invest […]
30.04.2020

COVID-19 underscores need for tech investment: C.H. Robinson

C.H. Robinson plans $60 million to $70 million in capital expenditures this year, mainly on technology, to drive efficiency in domestic and global operations. Photo credit: […]
30.04.2020

Falling volumes loom over ONE’s first full-year profit

ONE will not be able to enjoy its first positive result for long as economic storm clouds gather on the horizon. Photo credit: Shutterstock.com. Ocean Network […]
30.04.2020

DSV eyes June for start of logistics market recovery

The integration of Panalpina volume and revenue allowed DSV to report a good start to 2020, despite the demand-crushing effects of the coronavirus. Photo credit: Shutterstock.com. […]
30.04.2020

COVID-19 freezes US truckload contracts, bids

US shippers are shying away from truckload pricing talks amid falling volumes, with uncertainty clouding forecasts beyond the second quarter. Photo credit: Shutterstock.com. Trucking’s annual bidding […]