The threat of a port strike helped push up trans-Pacific container rates

2024-12-24

The prospect of a strike at U.S. East Coast ports in January could push up rates on transatlantic routes, which have held steady since mid-October.

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France's Geodis plans to increase profits to 6% over the next three years

2024-12-24

Geodis plans to increase profits from 3.8 percent of global revenue to 6 percent over the next three years, even as sales remain only stable or even decline, a far cry from the peak ocean and air freight rates reached in the 2021-2022 period.

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Analyst: The bulk carrier dividend has passed, and the future income has declined sharply

2024-12-24

In 2025, the dry bulk market may not be able to continue this year's strong performance, with the average dry bulk carrier earnings falling by as much as 19% in 2025 as new ship deliveries exceed trade volume increases.

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The United States launched a 301 investigation into China's chip industry policies, and the Ministry of Commerce responded!

2024-12-24

​ The trade investigation has undoubtedly further exacerbated tensions between China and the United States in the semiconductor field, while also bringing more uncertainty and challenges to the global semiconductor supply chain.

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Danish logistics company SGL acquires Canadian freight forwarder ITN

2024-12-24

Denmark's Scan Global Logistics (SGL) has acquired TN Logistics Group (ITN), a privately held Canadian freight forwarder, subject to antitrust approval by Canadian authorities and expected to close in the first quarter of 2025.

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SeaLead launches DUKE route connecting Pakistan with the Middle East and East Africa

2024-12-23

Singapore shipping company SeaLead has announced the launch of DUKE, a direct liner linking Pakistan with the Middle East and East Africa, with the first vessel set to depart Karachi on December 24, 2024.

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Shutdown! The biggest strike in Amazon history

2024-12-23

Amazon warehouse workers nationwide strike, multiple warehouses full of goods, Amazon's logistics system has been affected, there are warehouse goods blocked situation.

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Shipping container rates across the Pacific from Asia to the United States continue to rise

2024-12-23

Shipping container rates on trans-Pacific Asia-to-US routes continued to rise in December, and GRI is also expected to rebound.

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Under the pretext of an important US national asset, Trump wants to take back control of the Panama Canal

2024-12-23

Us President-elect Donald Trump has called the Panama Canal "an important national asset of the United States" and said he would consider "taking back" the canal.

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American line continues to rise, New Year's Day European line freight or will be further pushed higher

2024-12-23

Freight rates from the Far East to the West and East of the United States increased for the fourth consecutive year, while freight rates on the Europe and Mediterranean lines fell slightly.

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