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Recent News and Analysis

Maritime News

  • Cosco upsizes Asia-US Gulf service to post-Panamax ships amid port upgrades
  • Increased vessel capacity, reliability key to 2023 reefer rebound
  • No ‘musical chairs’ by carriers after end of 2M Alliance: Maersk CEO
  • Spot truckload rates rising at US East Coast ports, falling on West Coast
  • US retailers offer little optimism in gloomy H1 import forecast

Surface News

  • 3PL Echo moves to expand LTL business with new executive hires
  • Spot truckload rates rising at US East Coast ports, falling on West Coast
  • Overhaul acquisition consolidates freight risk management market
  • US transport providers lose fewer jobs than expected in January
  • US ‘freight recession’ putting motor carrier financing tools to the test

Air Cargo News

  • Overhaul acquisition consolidates freight risk management market
  • C.H. Robinson reaffirms commitment to global forwarding business
  • DSV books record result for 2022, but warns that bull run for profits is over
  • Early Lunar New Year stalls Asian air cargo recovery
  • UPS to sharpen focus on ‘smart’ technology in ‘bumpy’ 2023

Supply Chain News

  • 3PL Echo moves to expand LTL business with new executive hires
  • Increased vessel capacity, reliability key to 2023 reefer rebound
  • Overhaul acquisition consolidates freight risk management market
  • FMC order for MSC to justify congestion fee marks first under OSRA-22
  • US retailers’ global sourcing strategy will take time to develop: analysts
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