One of the worst-affected facilities is the Shanghai East Container Terminal, where there are delays of up to seven days, Maersk said in an advisory t (read more)
The transportation holding company has set a multi-year “medium-term” LTL revenue target of $2 billion, nearly double its 2023 LTL revenue. (read more)
The intermodal provider has become more aggressive in pricing with shippers this year, jockeying with competitors for market share by lowering contrac (read more)
The legislation adds advanced biofuels and e-fuels to a list of clean energy supported by the EU, which shipowners regard as a crucial step towards me (read more)
Roughly one-third of the multipurpose and heavy-lift fleet is in position to be scrapped, while the industry demands larger vessels and carriers weigh (read more)