Software provider Everstream Analytics plans to use a new $24 million investment to expand the geographic reach of its suite of supply chain risk and network planning products.
A tightening supply of multipurpose ships bodes well for carriers and their bottom lines, but signals a higher "new normal" ahead for breakbulk and project shippers.
A Port of Rotterdam initiative has identified a way to make green hydrogen available at scale for European industry and inland transport providers in a move designed to help meet regional zero-carbon targets.
The latest newbuild order from Japan’s MOL continues a flurry of vehicle carrier orders made in the last month that will result in a bigger — and greener fleet — global fleet.
Shippers converting ocean consignments into air freight to avoid port bottlenecks along the US East Coast are filling all available air cargo capacity on the trans-Atlantic trade lane.
China’s COVID lockdowns, the war in Ukraine, soaring energy prices, and declining global container volumes are muddying the trade outlook waters this year.
Hapag-Lloyd’s investment in container tracking hardware has visibility providers hoping to capitalize on better container location data to feed to their shipper customers.
In the first four months of 2022, fewer than half of ocean freight contracts signed across 13 major trade lanes have been annual in duration, as shippers try new procurement strategies to wade through constrained vessel capacity.
The number of LNG-powered dual-fuel vessels ordered by major carriers has risen sharply in the past year, but so has opposition from environmental groups that say the newbuilds will lock in fossil fuel production for decades.
The new fiscal year has gotten off to an uneven start for Indian exporters, who are contending with port omissions and schedule rerouting on major strings to Europe and the US.