The order has propelled the global backlog of new vessels to the equivalent of 46.5% of the existing container ship fleet, the highest level since 2009, according to Linerlytica.
MSC orders 20 24,000-TEU vessels from shipyard partner Hengli Heavy ...
Shippers say more stringent rules from the CBP and dwindling leverage with ocean carriers is making them feel under siege when it comes to moving freight in the eastbound trans-Pacific.
The third-quarter results reflected continued momentum from synergies gained by the ongoing integration of Schenker's business, although a "sanitizing" portfolio-cleanup process has weighed on ...
Financial terms were not disclosed, but media reports have valued the deal at $13.3 billion.
Smaller transactional freight brokers will be able to offer contractual managed transportation using AI agents to reengineer ...
This year has seen multiple projects planned, started or nearing completion as gateways both big and small prepare for larger ...
Discover the news and analysis of supply chain strategies, sourcing and trends covered by the <i>Journal of Commerce</i>. Comprehensive coverage includes customs, trade news, transport news and the ...
The carrier was commenting as Taiwan's Big Three container lines reported that they saw a surge in revenues in the third ...
The 40-year veteran of the maritime industry will become COO of the Shipping Association of New York and New Jersey, ...
Weekly scheduled capacity passing through the Bab el-Mandeb strait last week reached 48% of pre-Houthi attack levels, ...
Express unit to drive ‘robust’ peak season for DHL Group ...