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Major lines’ margins in negative territory for first time after five years

Mainline operators’ operating profit margins fell into negative territory for the first time since 2018, due to losses in 4Q 2023, according to Alphaliner’s...

Ocean rates keep sliding, but some rebound for air: Freightos analysis

In the latest development in the Red Sea crisis, Houthis recently announced threats to expand their attacks to Indian Ocean traffic, aimed at disrupting vessel...

Pharmatrade unveils state-of-the-art logistics center in KEZAD

The opening of Pharmatrade's Abu Dhabi Logistics Centre, in collaboration with Khalifa Economic Zones Abu Dhabi (KEZAD) Group, marks a significant milestone in expanding...

ONE enhances China Thailand Philippines service

Ocean Network Express (ONE) announced the addition of Subic Bay port to the rotation of China Thailand Philippines service (CTP). The vessel Marina One is...

Yang Ming vessel knocks over three cranes after hitting Turkish wharf

A ship operated by Yang Ming Marine Transport slammed into a wharf in Turkey’s Evyapport on 16 March, while attempting to dock. The 2015-built 14,000...

APM Terminals, HHIT enter strategic collaboration

As part of the Dutch Trade mission to Vietnam, APM Terminals and Hateco Haiphong International Container Terminal (HHIT), a fully owned subsidiary of Hateco...

CFL Cargo launches multi-system locomotives

CFL Cargo, a European railway operator, has successfully homologated the first multi-system locomotives for operation between Germany, Luxembourg, and Poland. This achievement enhances international rail...

Hapag-Lloyd announces Mediterranean-South America West Coast service updates

German ocean carrier Hapag-Lloyd has announced changes in its Mediterranean-South America West Coast (MSW) service, which will be effective from 20 March. Hapag-Lloyd will introduce...

Port of Los Angeles exceeds 780,000 TEUs in February

In February, the Port of Los Angeles saw a significant surge in activity, handling 781,434 TEUs, marking a remarkable 60% increase from the same...

Hapag-Lloyd increases Asia container rates

German ocean carrier Hapag-Lloyd said its ocean tariff rates for Freight All Kinds (FAK) between Far East and North Europe & Mediterranean will increase. The...

ONE completes its first European Union Allowances transaction

Singapore-based container line Ocean Network Express (ONE) has announced its inaugural European Union Allowances (EUA) transaction with BNP Paribas, a global bank and financial...

CMA CGM announces overweight surcharge from South America East Coast

French box carrier CMA CGM has announced a new overweight surcharge (OWS), which will be effective from 1 April 2024 until further notice. This surcharge...

Latest Posts

Fire-ravaged Morning Midas sinks under tow

Morning Midas, the car carrier that caught fire on 3 June, sank in the Pacific Ocean in the afternoon (UK time) on 23 June, while the...

Port Houston posts steady growth in May

Port Houston recorded another month of steady performance in May 2025, handling 381,640 TEUs, marking a 5% year-over-year increase. Year-to-date, the port has processed 1,837,813...

Kalmar appoints new Senior Vice President in Human Resources

Kalmar Corporation has announced the appointment of Hanna Reijonen as Senior Vice President, Human Resources, effective 6 October 2025. She will also join the Kalmar...

DHL supply chain North America appoints new CEO

DHL Group has announced that Mark Kunar has been appointed CEO of DHL Supply Chain North America, effective immediately. He succeeds Patrick Kelleher, who has...

EuroHoldings announces share transfer to Marla Investments

EuroHoldings has announced the sale of 51.04% of its outstanding common shares to Marla Investments. The transaction was completed through a Stock Purchase Agreement with...
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