Category Archives for Industry News

Shippers face delays as carriers skip South America calls due to Panama Canal woes Ocean Network Express and Hapag-Lloyd confirmed they are skipping calls, especially at Cartagena in Colombia and Manzanillo in Panama, although omissions are being made at other ports. Shippers face delays as carriers skip South America calls due to Panama Canal woes […]

MSC ship becomes latest targeted in Red Sea attack The US Central Command said a US Navy destroyer and fighter jets on Tuesday shot down 12 attack drones, three anti-ship ballistic missiles and two cruise missiles launched by the Houthis from Yemen. MSC ship becomes latest targeted in Red Sea attack Journal of Commerce

Freight transport’s ‘new normal’ marked by slower growth Lower consumer demand for imports and domestic goods reshaped international and US freight markets in 2023. Freight transport’s ‘new normal’ marked by slower growth Journal of Commerce

TFI gets even bigger role in heavy-haul trucking with .1 billion Daseke purchase The biggest trucking acquisition of 2023 gives Canada’s TFI an additional $1.8 billion in annual revenue and nearly 20 operating subsidiaries hauling oversized, heavy freight. TFI gets even bigger role in heavy-haul trucking with .1 billion Daseke purchase Journal of Commerce

Eastbound trans-Pac schedule reliability gains in November after peak season rush The performance gains on the world’s busiest trade lane in November came as US imports from Asia during the month plunged 12% from October, the traditional end of peak shipping season. Eastbound trans-Pac schedule reliability gains in November after peak season rush Journal of […]

Hong Kong eyes status as green bunkering hub to retain, lure container volumes The push to become a go-to stop for alternative fuels comes as Hong Kong is set to see container throughput fall to around 14 million TEUs in 2023, a 27-year low, amid waning transshipment volumes. Hong Kong eyes status as green bunkering […]

Maersk, CMA CGM to divert almost 200 ships away from Suez Most of Maersk’s reroutings are on Asia-Europe services, with some 84 vessels across eight different service strings being affected. Maersk, CMA CGM to divert almost 200 ships away from Suez Journal of Commerce

Naval force gives Maersk confidence to resume Suez Canal transits Maersk decision to resume sailings through the Red Sea reveals confidence on the part of the carrier with they have been told by naval coalition forces about their capabilities and willingness to act in defense of shipping. Naval force gives Maersk confidence to resume Suez […]

Mexico-US rail shipments resume after CBP reopens Eagle Pass, El Paso crossings The move comes after several days of pressure from shipper groups who expressed concerns over the economic impact of the closures so close to Christmas. Mexico-US rail shipments resume after CBP reopens Eagle Pass, El Paso crossings Journal of Commerce

Geopolitical conflicts could signal end to global reach of ocean carriers: analyst With increasing instability around the world, we might be approaching the point where a carrier’s reach is no longer truly global as liners are forced to make commercial and political decisions that will shape the scope of their operations, writes analyst Lars Jensen. […]