Canada Rail Faces Strike Action (Automotive Logistics)
Teamsters Canada members at CN and CPKC vote for a strike due to stalled …
Dynamic freight spend management: Optimizing costs, embracing agility (FreightWaves)
The transportation industry has witnessed a rise in logistics costs primarily due to increased last-mile expenses …
Hapag-Lloyd CEO predicts early peak season for ocean shipping (FreightWaves)
Hapag-Lloyd's 2023 report shows a challenging year for the ocean container market, with significant drops in …
Threat of Strike Looms over East, Gulf Coast Ports (FreightWaves)
The impending expiration of the labor contract between the International Longshoremen’s Association (ILA) and the …
Workforce Shortage in Supply Chain Operations Plagues 3 out of 4
The supply chain sector faces persistent workforce shortages, particularly in transportation and warehousing …
January's Import Surges: West Coast Ports Flourish, East Coast Faces Mixed Results, and 2024's Supply Chain Challenges
In January, amidst concerns over canal disruptions and dropping water levels, U.S. imports unexpectedly surged, rising 7.9% …
Container Freight Rates and Contract Strategies
Spot container freight rates have likely reached their peak, but contract rates are …
Resilience and Perspectives on the Red Sea Crisis
The Red Sea crisis, caused by Houthi attacks, diverts containerized goods around …
Navigating the Seas of Change: Surging Spot Rates, Charter Challenges, and the Unforeseen Impact of the Red Sea Crisis on Global Shipping in 2024
Global shipping faces dynamic changes as spot rates outpace charter rates, driven by Red Sea diversions causing …
Shipping Industry Faces Challenges as Maersk and Hapag-Lloyd Bypass Red Sea After Houthi Attack
Maersk and Hapag-Lloyd are avoiding the Red Sea route to the Suez Canal after …
Shipping lines are avoiding Suez Canal as disruptions continue
As carriers adjust operations to mitigate risks in the Red Sea, shippers face limited options for quick transit due to the Panama…
CSSC Begins Delivery on New Class of LNG Boxships to CMA CGM (Maritime-Executive)
China's Hudong-Zhonghau Shipbuilding, a subsidiary of CSSC, has commenced delivery of …
CNBC Supply Chain Survey: 2024 Insights
The global shipping industry faces a challenging economic environment, with a CNBC Supply Chain Survey indicating a freight recession …
Panama Canal Update: Confirmation on diversion plans avoiding the canal
Carriers are diverting ships away from the Panama Canal due to the Panama…
Maritime-executive: How to Make Sure your Fleet is EU ETS compliant
Starting January 2024, the EU's Emission Trading System (ETS) will incorporate marine emissions, impacting shipping companies operating in EU ports…
Market is Normalizing, CMA CGA Reports 94% drop in Q3
In Q3 2023, the CMA CGM Group, a French shipping and logistics company, reported a substantial 94% decline…
Panama Canal cuts booking slots as a result of Worsening drought
The Panama Canal Authority has announced further reductions in its daily transit…
The Rise of Freight Brokerages
In 2000, freight brokerage was a cottage industry, representing a small percentage of the trucking industry…
US container imports top pre-COVID levels
Despite initial concerns about declining U.S. imports, recent data from Descartes Systems Group paints a more optimistic picture…