Category Archives for Industry News

Market interest to be ‘very high’ in DB Schenker sale: CEO The German-based forwarder remains the largest and most attractive takeover target in a cash-rich industry where the main players are all looking for opportunities to consolidate. Market interest to be ‘very high’ in DB Schenker sale: CEO Journal of Commerce

Market interest ‘should be very high’ in DB Schenker sale: CEO The German-based forwarder remains the largest and most attractive takeover target in a cash-rich industry where the main players are all looking for opportunities to consolidate. Market interest ‘should be very high’ in DB Schenker sale: CEO Journal of Commerce

LA-LB port interests spar with agency over emissions rule under development The regional air quality board is pushing back against what it says is “grossly inaccurate rhetoric” from transport interests who say a cap on Southern California cargo volumes may be on the horizon. LA-LB port interests spar with agency over emissions rule under development […]

OOCL Logistics joins growing group intrigued by trade finance potential Development of trade finance tools for small and medium-sized shippers continues to grow, evidenced by OOCL Logistics launching a trade finance platform with fintech provider Stenn. OOCL Logistics joins growing group intrigued by trade finance potential Journal of Commerce

String of Asia storms cause port closures, cargo delays Sailing schedules showed delays of up to five days on some services due to the typhoons, including one that hit the coast of southern China Tuesday after sweeping across Taiwan at the weekend. String of Asia storms cause port closures, cargo delays Journal of Commerce

No bottom in sight for free-falling trans-Atlantic rates The spot market from North Europe to the US East Coast continues to weaken and lackluster attempts by carriers to withdraw capacity are having little effect on balancing supply and demand. No bottom in sight for free-falling trans-Atlantic rates Journal of Commerce

Key supply chain stakeholders commit to electronic bills of lading Digitalizing the most important document in global trade is a vital step toward a more efficient and secure paperless container shipping industry. Key supply chain stakeholders commit to electronic bills of lading Journal of Commerce

Hapag-Lloyd CEO says exclusion from HMM bid was expected The Hamburg-based carrier has confirmed that HMM’s South Korean state owners have removed it from the bidding process. Hapag-Lloyd CEO says exclusion from HMM bid was expected Journal of Commerce

MPV/HL orders scarce despite need for sustainable fleet Newbuilding investments in the multipurpose and heavy-lift fleet will be crucial to the global push to decarbonize energy. MPV/HL orders scarce despite need for sustainable fleet Journal of Commerce

Breakbulk sector preps for EU emissions trading system Breakbulk carriers and their clients must prepare for the EUs new emissions trading system before the Jan. 1 start Breakbulk sector preps for EU emissions trading system Journal of Commerce