Iran conflict snarls 10% of world’s container fleet: ONE CEO
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Kroger is leveraging autonomous drones to enhance its cold chain distribution operations. The newly implemented system is designed to autonomously scan pallet l...
LMI: Freight recovery in ‘full-swing’
A monthly report compiling sentiment among supply chain managers said February provided more evidence “that the long-awaited freight market comeback is in fu...
Iran Attacks Refineries; CMA CGM Halts All Cargo Bookings to the Middle East
CMA CGM, a major global container shipping line, has suspended all cargo bookings to the Middle East, effective immediately. This decision comes as Iranian atta...
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In response to an increase in cargo theft within the intermodal sector, Matson, Inc. has unveiled a new cargo security program. This initiative, developed in co...
Shipping Companies Halt India-Middle East Cargo Bookings Due to Persian Gulf Port Disruptions
Shipping carriers have temporarily suspended bookings for cargo traveling between India and the Middle East. This decision comes in response to the ongoing chao...
Shipping Awaits Houthi Response to US/Israeli Attacks on Iran
Shipping operations are on hold as the world watches for a reaction from the Houthi movement following recent attacks on Iran, attributed to the US and Israel. ...
Thoma Bravo to Acquire WWEX Group, Combine with Auctane
Private equity firm Thoma Bravo announced Tuesday that it has entered into an agreement to acquire 3PL WWEX Group. Following the acquisition, Thoma Bravo will c...
Explainer: How the Strait of Hormuz Paralysis Could Reshape Global Trade
As tensions between the US and Iran escalate in the Persian Gulf, insurance companies withdrawing coverage and shipping companies suspending bookings are achiev...
Iranian Box Ships Among Vessels Stranded in the Gulf
Iranian container ships are facing difficulties navigating in and out of the Strait of Hormuz after Iran's decision to close the vital waterway. This action fol...
Alabama Family-Owned Carrier Files for Chapter 11 Bankruptcy
Lila Kate Trucking LLC, a Roanoke, Alabama-based carrier, filed for Chapter 11 bankruptcy protection on Friday. The company is seeking to reorganize under Subch...