News & Highlights

• US resin shippers look to tap new customers amid Iran war

  March 20th 2026

  The closure of the Strait of Hormuz has cut off a major source of global resin supply, teeing up US production to fill in some of the gap. (read more)

• FedEx Freight battles weak US industrial sector ahead of spinoff

  March 20th 2026

  The latest quarterly results show that FedEx’s less-than-truckload division is struggling with lackluster industrial demand, but a change in strateg (read more)

• APMT takes 49% stake in Haiphong’s HHIT terminal in northern Vietnam

  March 20th 2026

  The move comes just days after a joint venture between the two companies was selected as the preferred bidder to develop a $1.8 billion container term (read more)

• Hurdles in Persian Gulf test carriers moving stranded Asian cargo from India

  March 20th 2026

  Market sources say an estimated 40,000 to 50,000 TEUs have landed at Indian ports thus far, with Nhava Sheva (JNPA) terminals alone accounting for 25, (read more)

• Middle East war will ‘amplify’ volatility in global supply chains: Cosco

  March 19th 2026

  China’s largest shipping company commented on current geopolitical events as it released its 2025 financial results, which saw net profits plummet 3 (read more)