The EU court was expected to impose a penalty of around 24 million euros.

Spot rates on Asia-Europe have slid for the last two weeks, ignoring a rate increase levied from July 1 and peak season surcharges from some carriers.

A consortium of Chinese investors has made an $11.6 billion offer for GLP, paying a huge premium for the Singapore-listed logistics property developer.

Despite some terminals being seriously affected by the Maersk Group cyber security breach, from a global perspective the impact was short lived.

Moving into the position of third-largest, by population, state in the US has propelled Florida's food and beverage business, said Paul Anderson, Florida Ports Council Chairman and Port Tampa Bay CEO.


What is a customer to do to protect its supply chain?

The first consignment of US beef to be imported by China in 14 years is just days away from arriving in the country.

The increased shareholding followed the sale earlier this week of the remaining 8.5 million shares in Hapag-Lloyd held by TUI Group.

China's Belt and Road is projected to generate an additional $2.5 trillion in global trade over the next 10 years.

China’s cold chain is growing at a phenomenal rate.