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Demand soars for Asia-Europe sea-air option to avoid longer Africa transit Dubai continues to be one of the more popular destinations for European importers with time-sensitive cargo, with the airport able to covert ocean freight to air cargo in 24 hours. Demand soars for Asia-Europe sea-air option to avoid longer Africa transit Journal of Commerce

Ocean Alliance keeps status quo, renews partnership for another five years The carrier grouping is untouched by the latest alliance changes roiling the container market and will assume its position as the largest global alliance early next year after 2M dissolves. Ocean Alliance keeps status quo, renews partnership for another five years Journal of Commerce

ODFL expands in Northeast as LTL land rush intensifies The second-largest US less-than-truckload provider is building terminals, parking lots and freight density as competitors vie for real estate and customers. ODFL expands in Northeast as LTL land rush intensifies Journal of Commerce

DOE billions available for green energy projects, but cargo not moving yet Billions of dollars in federal funds are available to scale up innovative green energy projects, once would-be developers make it through the DOE’s loan qualification process. DOE billions available for green energy projects, but cargo not moving yet Journal of Commerce

Montreal port employers lose bid to make dock work an ‘essential service’ The “essential” designation request, which if granted would have barred workers from striking, comes as talks on a new contract have dragged on for seven months with no resolution. Montreal port employers lose bid to make dock work an ‘essential service’ Journal of […]

Evergreen, Wai Hai join peers in reporting sharply lower 2023 financials But both carriers have seen a rebound in revenues for the first two months of 2024 amid the higher freight rates the market saw early this year. Evergreen, Wai Hai join peers in reporting sharply lower 2023 financials Journal of Commerce

CMA CGM amps up retention of spot shippers with loyalty program Small shippers that have historically been out of reach for CMA CGM are being targeted through a loyalty program connected to the carrier’s online spot booking tool. CMA CGM amps up retention of spot shippers with loyalty program Journal of Commerce

No cost hikes in Gemini’s transshipment-based model: Habben Jansen Hapag-Lloyd’s CEO insists the total cost of the network will be lower because Gemini will be able to better utilize controlled assets and deliver more efficient cargo connections in the hub and spoke model. No cost hikes in Gemini’s transshipment-based model: Habben Jansen Journal of Commerce

Zim’s standalone position enhances partnership potential on trans-Pacific: CFO The carrier, after steadily increasing its coverage on trade lanes between Asia and North and South America while building its fleet and volumes, aims to leverage that market strength into new slot-sharing agreements. Zim’s standalone position enhances partnership potential on trans-Pacific: CFO Journal of Commerce

DP World shuns asset-light approach in rapid expansion of forwarding unit The port operator has grown its global forwarding footprint to 100 offices, using its network of terminals, warehouses, road and rail to provide greater visibility and control of shipments. DP World shuns asset-light approach in rapid expansion of forwarding unit International Freight