Category Archives for Industry News

TPM23: Trans-Atlantic profitability ‘unique’ given loss-making history: CTS The elevated rate levels on the trans-Atlantic will continue to soften, but there will be no steep drop in prices as seen on the major trades out of Asia, TPM23 attendees were told. TPM23: Trans-Atlantic profitability ‘unique’ given loss-making history: CTS Journal of Commerce

EPCs look beyond traditional oil and gas for growth opportunities EPC projects drive much of the global demand for project and breakbulk logistics services from carriers, forwarders, and other suppliers. EPCs look beyond traditional oil and gas for growth opportunities Journal of Commerce

Zim’s Gold Star Line forms Vietnam shipping venture with Hai An Transport The JV will serve Vietnam’s three major ports and link with nearby provinces where direct access to international and domestic shipping services is limited. Zim’s Gold Star Line forms Vietnam shipping venture with Hai An Transport Journal of Commerce

Shippers face tricky balancing act in trans-Pacific service contract talks With memories still fresh of being shut out of capacity over the past two years and forced into a historically high spot market, shipper executives are headed into service contract talks mindful of the need to minimize costs while at the same time ensure cargo […]

TPM23: Shippers face tricky balancing act in trans-Pacific service contract talks With memories still fresh of being shut out of capacity over the past two years and forced into a historically high spot market, shipper executives are headed into service contract talks mindful of the need to minimize costs while at the same time ensure […]

TPM23: LA-LB needs more than new labor deal to bring cargo back: Seroka The Port of Los Angeles’ executive director acknowledged that stalled West Coast longshore labor talks are taking a toll on the port, but says the cost of shipping through California is also a big factor. TPM23: LA-LB needs more than new labor […]

TPM23: CN focusing investment on capacity growth: CEO Canadian National will grow its capacity based on the assumption that China will remain the biggest sourcing country for North America while acknowledging the shift underway into Southeast Asia, India, and potentially Africa that could fuel cargo through eastern Canada, its CEO told TPM23. TPM23: CN focusing […]

TPM23: Post-COVID China sourcing shift ‘definitely on’: CMA CGM While the supply chain has mostly healed from COVID-19, the pandemic revealed the risk of relying too much on China for product sourcing, CMA CGM’s new US president told TPM23. TPM23: Post-COVID China sourcing shift ‘definitely on’: CMA CGM Journal of Commerce

TPM23: Sustainability should be collective, not competitive: ONE’s Nixon The container shipping industry needs to collaborate in finding alternatives to fossil fuels rather than each player following their own path, ONE CEO Jeremy Nixon told TPM23. TPM23: Sustainability should be collective, not competitive: ONE’s Nixon Journal of Commerce

TPM23: Flexport’s new CEO puts focus on building ‘next-generation’ tech Flexport, the polarizing digital forwarder, will double down on technology development during a lull in global trade, new CEO Dave Clark said at TPM23. TPM23: Flexport’s new CEO puts focus on building ‘next-generation’ tech Journal of Commerce