Intercontinental Exchange to Launch Container Freight Futures in April
Intercontinental Exchange (ICE) is set to launch futures contracts for container freight in April. This move comes amid increasing market volatility and disrupt...
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10,898 articlesMiddle East Crisis Triggers Air Cargo Reroutes, Asia-Europe Rates Surge
Air freight rates are experiencing a significant increase due to disruptions in key Gulf aviation hubs caused by the Middle East crisis. This has led to a reduc...
22 US States Sue to Block New Trump Tariffs
As one tariff-related legal battle concludes, another emerges. Approximately two dozen US states have initiated lawsuits challenging the Trump administration's ...
RCL Declares End of Voyage in Sohar and Khor Fakkan Amid Rising Middle East Tensions
Regional Container Lines (RCL) has issued two customer advisories announcing End of Voyage declarations at the ports of Sohar and Khor Fakkan. This decision com...
Container Carriers Reroute Services to Serve Gulf Shippers Amid Strait of Hormuz Closure
As the conflict in the Middle East enters its second week with the Strait of Hormuz remaining closed, shipping companies are shifting their strategies to ensure...
Redwood Logistics Acquires Laredo Customs Broker EELCO
Redwood Logistics has acquired EELCO, a Laredo, Texas-based customs brokerage and warehousing provider. This move is aimed at strengthening Redwood’s cross-bo...
How Shifting Trade Patterns Forced a Rethink on Warehousing
Warehousing has become a far more strategic part of the supply chain in recent years, as disruption, e-commerce growth, and shifting trade patterns have all pus...
Reuters: CK Hutchison Escalates Legal Battle as Panama Seizes Ports
Hong Kong conglomerate CK Hutchison announced Friday it has intensified its legal challenge in Panama following the government's seizure of its port operations....
Wan Hai Issues Middle East Service Advisory Amid Escalating Tensions
Wan Hai Lines has issued a service advisory for shipments involving the Middle East following the escalation of military actions between the United States and I...
Executive Talk in Logistics: Highlights from Wonderland
This past week, transport and logistics (T&L) executives found themselves once again in the spotlight, discussing topics they frequently bring up in conference ...
Hapag-Lloyd Suspends OGS, UG2, and UGS Services Due to Middle East Disruptions
Hapag-Lloyd has announced temporary adjustments to several of its liner services in response to the ongoing conflict in the Middle East and its impact on region...
Jinhui Continues Fleet Renewal with $23.5 Million Ultramax Sale
Oslo-listed dry bulk owner Jinhui Shipping and Transportation has agreed to sell one of its ultramax bulk carriers as it continues to streamline its fleet. The ...