TPM26: Global Trade Remains Resilient Amidst Uncertainties, Says Hellmann CEO
Despite ongoing trade tensions and geopolitical challenges, global trade volumes, particularly in ocean freight, are expected to remain robust. Jens Drewes, CEO...
Latest Shipping & Logistics News
10,727 articlesCN Index Climbs as Middle East Tensions Reinforce Shipping Risk
The CN Index rose to 543 this week, keeping global container shipping firmly in the High Pressure range. While freight rates showed mixed movements across major...
Middle East Conflict Threatens Asia Airport Congestion Due to Air Freight Backlog, Warns K+N CEO
Stefan Paul, CEO of logistics giant K+N, has warned that a significant portion of global air freight capacity is being removed from the market, potentially lead...
Turning Fleet Data Noise into Actionable Insights
Modern commercial vehicles are massive data producers in the transportation sector. With devices like ELDs, cameras, trailer sensors, reefer monitors, engine di...
Saia's Tonnage Declines Moderate in February
Facing tough comparisons to a year ago, less-than-truckload carrier Saia’s tonnage declines moderated in February as daily shipment counts turned positive. Th...
NAPA Expands Use of Warehouse Robots
Following a pilot project last year, the auto parts retailer plans to roll out 100 robots from Brightpick at a new facility....
Global Insurers Withdraw War Risk Cover Amid Gulf Escalation
Global insurers are starting to pull war risk coverage for sections of the Middle East following a recent military escalation in the Gulf. This action signifies...
United European Car Carriers lifts newbuild tally to four
Oslo-based United European Car Carriers (UECC) is expanding its fleet with an order for two more eco-friendly car carriers in China. The shortsea roro operator,...
Suez Canal Traffic Flows Normally Amid Contract Talks and Middle East Tensions, Absent Major Lines
Despite major shipping lines rerouting some services and ongoing conflict in the Middle East, the Suez Canal Authority reports that vessel traffic remains unaff...
CMA CGM suspends all bookings for key Middle East ports
Following the ongoing developments in the Middle East, CMA CGM has announced an immediate suspension of all bookings for several countries in the region. Effect...
Laredo Secures $58.5 Million Rail Grant to Boost Texas Border Freight Efficiency
The Texas Transportation Commission has allocated $160.4 million from a newly established state rail fund, with Laredo receiving the largest portion: $58.51 mil...
Iran conflict snarls 10% of world’s container fleet: ONE CEO
An article from Iran conflict snarls 10% of world’s container fleet: ...