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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