Plus: Universal bought Parsec amid layoffs, CA ports reported a record-breaking year, FedEx split off its LTL division, and more.
DAT faces criticism over contract terms. Plus, DAT acquires Trucker Tools, RBX declares bankruptcy, and Cargado hits $1M milestone.
Kuehne+Nagel reports 57 container vessels are now circumventing the Red Sea and Suez Canal, choosing instead the lengthier route around Africa.
The "Oceanwings" sails can slash fuel consumption by 50-60% in ideal wind conditions.
Reelables introduces a groundbreaking 5G-enabled shipping label with built-in tracking, enhancing supply chain visibility and efficiency.
Israeli ship in Indian Ocean targeted by suspected Iranian drone amid regional tensions and ongoing conflict with Hamas.
Bypassing the crowded Malacca Strait could lower shipping costs and decrease transit times, which is significant given a quarter of the world’s traded goods pass through this narrow channel​.
Explore the significant shift in global shipping as severe drought conditions in the Panama Canal compel dry bulk vessels, especially those carrying U.S. grain, to reroute through the Suez Canal.
Maersk slashes 10,000 jobs amidst a downturn in global trade and excess shipping capacity, marking a strategic reset for the industry.
Panama Canal faces its direst drought, impacting global shipping. As slots drop and delays rise, West Coast ports poised to reclaim dominance.
Despite earlier concerns, U.S. container imports are on the rise, surpassing pre-COVID figures.
Panama Canal faces climate-induced droughts, leading to ship congestion & high transit fees, impacting global trade ahead of the holiday season.
An innovative wind-propelled cargo ship begins its journey, promising a greener future for maritime transport, though economic challenges loom.
Panama Canal faces an escalating backlog, pushing shippers to diversify and costs to rise. The world watches as resolutions unfold.
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