Source: CAPA China records cargo volume growth in the first half of 2023
China saw an increase in freight traffic in the first half of the year, which includes growth in air freight, road, and...
DHL Express to expand at CVG Airport
DHL Express is investing US$192 million to expand its current operations at the Cincinnati/Northern Kentucky...
Congestion at ports and increased shipping costs pose unique challenges for U.S. exporters, who have seen the price of shipping containers increase four-fold in just two years. Meanwhile, ocean carriers that are mostly foreign-owned have reported record profits. Amy Klobuchar, U.S. Senator from Minnesota, following passage of the Ocean Shipping Reform Act of 2022.
U.S. Senate passes bill to improve oversight of ocean shipping exports
The United States Senate, in a show of bipartisanism, on April 1, 2022, unanimously passed a bill
Peak season volumes, capacity cuts push Transpacific prices up
Mixed news in the supply chain over the past week has been impacting industry performance and outlook, with volumes,...
Hapag-Lloyd completes SM SAAM terminal business acquisition
Hapag-Lloyd announced that it successfully completed its 100 % acquisition of SM SAAM's terminal business...
HSBC Global Research: Container spot rates could sustain for a while
Analysts at HSBC Global Research said container spot rates could sustain at their current levels for a while as the...
YTO Express adds three air cargo routes between China and India
Shanghai-headquartered courier company YTO Express announced that it would launch three air freight routes from...
New rail cargo service connecting port of Rijeka-Budapest launched
A new regular common user train service was recently launched by Metrans that links the Croatian port of Rijeka, via...
AD Ports Group, Shandong Ports extend cooperation for auto business
AD Ports Group (ADPORTS) has announced that it has signed multiple collaboration agreements with Shandong Port Group...
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More and more Asian shippers are routing their waterborne exports to the U.S. through ports in the Gulf of Mexico, notably Houston, in order to avoid the bottlenecks and congestion at other large U.S. gateways.
Asian shippers turn to U.S. Gulf ports
More and more Asian shippers are routing their waterborne exports to the U.S. through ports in the
As fulfillment and delivery rates increase, ecommerce operators are adding surcharges for merchants and pushing consumers away from residential delivery options.
Cost explosion saps e-commerce momentum
Merchants that are using the Fulfillment by Amazon service of the e-commerce behemoth received
Long term rates for US West Coast-Far East reefers at the highest ever level
Long-term rates for reefer containers from the US West Coast to the Far East are at their
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