Mexico’s heavy-truck exports plunges 22% as light-vehicle demand also dips
Mexico’s automotive industry posted sharp declines across cars, light trucks and heavy-duty commercial vehicles in November, as road blockades, labor stoppage...
Latest Shipping & Logistics News
10,625 articlesAD Ports Group signs 440,000 sqm land lease with Azizi Developments
AD Ports Group, through its subsidiary Khalifa Economic Zones Abu Dhabi – KEZAD Group, has signed a second 50-year land lease agreement with Azizi Develop...
Three Teamsters locals come together to set new deal with Sysco
Three separate West Coast Teamsters locals have teamed up to secure a new contract with food distributor Sysco in an unusual arrangement.The union announced thi...
Why behind DP World’s rebranding lies an operations expansion strategy?
DP World consolidates marine services under unified banner as it deploys record capital across 15+ high-growth corridors, signaling strategic pivot from tariff-...
Belgium, LR and EXMAR advance ammonia fuel rules
Lloyd’s Register (LR), EXMAR, and the Belgian Federal Public Service (FPS) for Mobility and Transport have jointly developed interim guidelines that support t...
Drewry’s World Container Index rises 2%
Drewry’s World Container Index (WCI) increased 2% this week to $1,957 per 40ft container. This marks the second straight weekly gain. Rising spot rates on Asi...
New anti-corruption campaign rolls out across Asian and European hubs
The Maritime Anti-Corruption Network (MACN) has launched a three-year initiative aimed at tightening integrity standards across maritime supply chains in Indone...
Could MSC replicate Amazon’s competitive playbook?
The European Commission’s investigation into MSC’s Barcelona terminal acquisition has exposed a strategic pattern that mirrors one of the most disruptive bu...
US identifies dozens of tankers for possible seizure
Washington is gearing up for a wave of tanker seizures off Venezuela as the Trump administration revives and escalates sanctions enforcement against the country...
NYK and MOL agree $72m payout in UK car carrier cartel case
Two of Japan’s biggest shipping lines — Nippon Yusen Kaisha (NYK) and Mitsui OSK Lines (MOL) — have agreed to pay £54m ($72.25m) to settle t...
Lukoil halts output at major Caspian field after Ukrainian drone attack
One of Russia’s two biggest oil producers Lukoil has stopped production on a platform on the Vladimir Filanovsky field after a strike by four Ukrainian aerial...
Shell books Valaris drillship for 800-day Brazil campaign
New York-listed offshore driller Valaris has won a contract for one of its drillships from supermajor Shell.Valaris stated that the UK firm hired the 2015-built...