The contract between the union and employers in the East of the United States expires on Sept. 30, 2024, and the union will launch a strike on Oct. 1. Last year, the West Coast strike increased wages by 32 percent.

Danish freight forwarding giant DSV has successfully acquired DB Schenker, the logistics arm of Germany's state-owned rail operator Deutsche Bahn Group, for $15.4 billion.

The maritime security landscape in the Red Sea and Gulf of Guinea (GoG) is characterized by escalating threats and vulnerabilities, and with the potential influx of new low-cost weapons, there is a growing risk that the Red Sea and Gulf of Guinea cou

Bad weather in South Africa, which has wreaked havoc on shipping in the region this winter, has delayed the cleanup, with an estimated 690 cargo ships currently sailing around the Cape of Good Hope, mainly European and American container ships affect

A bribery case involving Li Zhaokun, former chairman of China State Shipbuilding Group Finance Co., Ltd. was investigated by the Shanghai Municipal Supervisory Commission and transferred to prosecutors for review and prosecution.

Unveiling the new independent east-West transport network due to open in February 2025, MSC CEO Soren Toft said MSC has the scale and strength to operate independently and is ready for the dissolution of the 2M alliance next year.

The share of RMB in global trade finance and payment currency has increased, with foreign investors holding 4.5 trillion yuan in Chinese bonds, a record high, and the proportion of RMB in global trade finance is 6%, ranking second.

HMM plans to invest a total of 23.5 trillion won ($17.6 billion) by 2030 to promote sustainable development, further expand its business footprint and accelerate its transformation into a global green shipping and logistics service provider.

MSC will launch a new east-west independent transport network in February 2025 and enter into a new long-term operating partnership with ZIM on routes from Asia to the US East Coast and Asia to the US Bay Area.

Air Canada has announced that negotiations with the Airline Pilots Association (ALPA) have reached an impasse over pay, and the airline is preparing to cancel some flights in the coming days, with the strike likely to last three days starting Sept. 1