Maersk pauses Red Sea routings after new attacks The carrier’s decision to suspend Red Sea sailings for at least 48 hours following two attacks this weekend shows that even as naval forces ramp up patrols in the region, safety is far from guaranteed. Maersk pauses Red Sea routings after new attacks Journal of Commerce
Read More →Maersk temporarily pauses Red Sea routings after new attacks
on December 31, 2023in Industry News
Maersk temporarily pauses Red Sea routings after new attacks The carrier’s decision to suspend Red Sea sailings for at least 48 hours following two attacks this weekend shows that even as naval forces ramp up patrols in the region, safety is far from guaranteed. Maersk temporarily pauses Red Sea routings after new attacks Journal of […]
Read More →Fresh surcharges pile up for Asia-Europe shippers amid Red Sea attacks
on December 29, 2023in Industry News
Fresh surcharges pile up for Asia-Europe shippers amid Red Sea attacks Most of the surcharges and GRI hikes will take effect from Jan. 1, with at least one ocean carrier hinting of further increases to come later in January. Fresh surcharges pile up for Asia-Europe shippers amid Red Sea attacks Journal of Commerce
Read More →California regulator gives temporary reprieve on zero-emission drayage enforcement
on December 29, 2023in Industry News
California regulator gives temporary reprieve on zero-emission drayage enforcement CARB is waiting for the federal Environmental Protection Agency to rule whether the clean fleets regulation the state adopted last April needs a waiver from the Clean Air Act before it goes into effect. California regulator gives temporary reprieve on zero-emission drayage enforcement Journal of Commerce
Read More →Container shipping digs in for new phase of Red Sea security risk
on December 29, 2023in Industry News
Container shipping digs in for new phase of Red Sea security risk The varied approach taken by carriers– whether or not to divert ships around southern Africa — speaks to a new phase of uncertainty for the traditional Suez route. Container shipping digs in for new phase of Red Sea security risk Journal of Commerce
Read More →Red Sea crisis amplifies existing strain between carriers, shippers: analyst
on December 29, 2023in Industry News
Red Sea crisis amplifies existing strain between carriers, shippers: analyst Almost four years after COVID-19, a new crisis is once again shining a light on the traditional contentious relationship between container carriers and their customers when it comes to pricing dynamics, writes Lars Jensen. Red Sea crisis amplifies existing strain between carriers, shippers: analyst Journal […]
Read More →Forwarder market share, margins shrank in 2023 as rates normalized
on December 29, 2023in Industry News
Forwarder market share, margins shrank in 2023 as rates normalized Going into 2024, 3PLs will need to determine which ancillary offerings they’ll invest in to weather a supply-demand imbalance that will likely last for the next year or two. Forwarder market share, margins shrank in 2023 as rates normalized Journal of Commerce
Read More →Forwarder market share, margins shrank in 2023 as market normalized
on December 29, 2023in Industry News
Forwarder market share, margins shrank in 2023 as market normalized Going into 2024, 3PLs will need to determine which ancillary offerings they’ll invest in to weather a supply-demand imbalance that will likely last for the next year or two. Forwarder market share, margins shrank in 2023 as market normalized Journal of Commerce
Read More →A decade on, logistics industry still awaits proof that VC is a welcomed partner
on December 28, 2023in Industry News
A decade on, logistics industry still awaits proof that VC is a welcomed partner None of the most prominent venture-backed names in logistics have had a successful exit yet, but perhaps patience is still required before the industry can say for sure if venture capital is a worthy funding route for company founders. A decade […]
Read More →A decade on, logistics industry still awaits proof that VC is a welcome partner
on December 28, 2023in Industry News
A decade on, logistics industry still awaits proof that VC is a welcome partner None of the most prominent venture-backed names in logistics have had a successful exit yet, but perhaps patience is still required before the industry can say for sure if venture capital is a worthy funding route for company founders. A decade […]
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