The main rail option from China for European importers is via the so-called “middle corridor,” but as demand steadily increases, so too are the many chokepoints along the route.
US retailers have shifted some of their imports to the East Coast as a hedge against possible labor disruption at West Coast ports, a move that has caused vessel backlogs at major gateways along the eastern seaboard.
Indian policymakers have had a heightened focus of late on the development of marine highways along the country’s vast river network in order to encourage a larger modal shift from land to sea.
The enormous challenges of transitioning global shipping from fossil fuels to zero-carbon alternatives are coming into view, none more important than aligning private investors and governments to ensure decarbonization targets are met.
ONE has extended its highly profitable run through its fiscal first quarter, building on last year’s stellar performance to turn in another record result.
The latest integration is a sign of continued strategic partnerships between logistics software vendors as they seek to amplify the value their solutions offer.
Retailers and forwarders in the eastbound trans-Pacific are facing an unusual dichotomy in which spot rates continue to deteriorate even though monthly import volumes from Asia remain at record or near-record levels.
Soaring inflation and a cost-of-living crisis is leading to a sharp increase in industrial action by workers across Europe, with Port of Felixstowe dockworkers the latest to vote for a walkout.
Average rate levels secured by Hapag-Lloyd were up 80 percent through the first half, setting the carrier on course for another hugely profitable year.
Multi-year contracts signed by shippers at the height of the ocean freight bull run may be less attractive as the market begins to soften, according to forwarder DSV.
Deciding whether to outsource key logistics functions is an existential question for shippers, one made harder by external dynamics being out of whack during the pandemic.