Global Logistics News

  • Carrier earnings show scale of low-sulfur risk

    Carrier earnings show scale of low-sulfur risk

    [caption caption="Maersk"][/caption]Although Maersk marked rising tariffs as a key risk to the profitability of the container shipping industry, the impending low-sulfur fuel mandate poses the...

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  • Carrier earnings show scale of low-sulfur risk

    Carrier earnings show scale of low-sulfur risk

    [caption caption="Maersk Line posted a pre-tax profit of $238 million for 2018 compared to $25 million in 2017. Photo credit: Shutterstock.com."][/caption]Although Maersk marked rising tariffs as...

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  • Flexport’s $1 billion injection retriggers scale questions

    Flexport’s $1 billion injection retriggers scale questions

    [caption caption="San Francisco-based forwarder Flexport's $1 billion funding injection is by far the largest-ever single cash infusion into a logistics startup. Photo credit:...

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  • Keeping an eye on compliance in a volatile environment

    The current international trade atmosphere presents many challenges for North American importers and shippers. Regulations are complex and constantly changing, making the environment even more...

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  • US truckers' pricing power receding

    US truckers' pricing power receding

    [caption caption="US long-haul truckload pricing growth is expected to slow from 8.2 percent in fourth quarter 2018 to 2.15 percent by fourth quarter 2019, according to the IHS Markit Producer...

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  • New truck driver pay model aimed at capacity retention

    New truck driver pay model aimed at capacity retention

    [caption caption="Daseke's 'Salary Plus' driver pay program provides drivers with a base salary, along with bonuses for mileage and safety. Photo credit: Shutterstock.com."][/caption]Truck driver...

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  • DP World expands short-sea reach with P&O purchase

    DP World expands short-sea reach with P&O purchase

    [caption caption="UK-based P&O Ferries operates 30,000 voyages each year, with connections at 11 ports in Britain, France, Northern Ireland, the Republic of Ireland, the Netherlands, and Belgium....

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  • DP World expands shortsea reach with P&O buy

    DP World expands shortsea reach with P&O buy

    [caption caption="UK-based P&O Ferries operates 30,000 voyages each year, with connections at 11 ports in Britain, France, Northern Ireland, the Republic of Ireland, the Netherlands, and Belgium....

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  • Russian rumbles on Belt and Road

    There has been a recent flurry of reports as to who is attending the Belt Road Initiative (BRI) summit scheduled for April. Malaysia’s PM Mahathir has confirmed as attending, suggesting that...

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  • Europe block exemption debate reveals deep shipper frustration

    Europe block exemption debate reveals deep shipper frustration

    [caption caption="The current five-year extension of the European block exemption for liner consortia will expire in April 2020. Photo credit: Shutterstock.com."][/caption]Shipper frustration over...

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  • SAL mulls newbuildings amid early market rebound

    SAL mulls newbuildings amid early market rebound

    [caption caption="Provided oil prices remain in the $60 per barrel range, SAL Heavy Lift expects to order new vessels some time in the next two years. Photo credit: SAL."][/caption]A rebound in...

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  • Small shippers face higher low-sulfur fuel burden

    Small shippers face higher low-sulfur fuel burden

    [caption caption="For their part, carriers have said privately and publicly that shippers have to fully pay their fare share to meet the IMO rule. Photo Credit: Shutterstock"][/caption]Smaller...

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  • PORT OF GUANGZHOU (NANSHA) UP IN 2018 GLOBAL PORT RANKINGS

    Port of Guangzhou commands the number 5th Slot on the Top Global Ports with a 2018 record-breaking performance of 21.92 Million Teus, up 7.6% vs 2017. Port of Nansha, the only Deep-Water Port of...

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  • Enough low-sulfur fuel at US ports come 2020?

    Enough low-sulfur fuel at US ports come 2020?

    [caption caption="The International Maritime Organization has mandated that all ocean carriers must switch to burning fuel with a sulfur content of less than 0.5 percent on Jan. 1, 2020. Photo...

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  • Tampa port lands another Asian container service

    Tampa port lands another Asian container service

    [caption caption="CMA CGM will add Tampa Bay as a weekly stop on its PEX3 service beginning in May, a direct-from-Asia route already calling the Gulf Coast and Miami. Photo credit: Port Tampa...

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  • Tampa port lands another Asian container service

    Tampa port lands another Asian container service

    [caption caption="CMA CGM will add Tampa Bay as a weekly stop on its PEX3 service beginning in May, a direct-from-Asia route already calling the Gulf Coast and Miami. Photo credit: Port Tampa...

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  • Daseke cool on M&A and hot on logistics

    Daseke cool on M&A and hot on logistics

    [caption caption="Flatbed and heavy-freight hauler Daseke took in $1.6 billion in revenue in 2018. Photo credit: Daseke."][/caption]After nearly doubling in size from 2017 to 2018, heavy-freight...

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  • Daseke cool on M&A, hot on logistics

    Daseke cool on M&A, hot on logistics

    [caption caption="Flatbed and heavy-freight hauler Daseke took in $1.6 billion in revenue in 2018. Photo credit: Daseke."][/caption]After nearly doubling in size from 2017 to 2018, heavy-freight...

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  • Deeper channel allows more mega-ship calls at JNPT

    Deeper channel allows more mega-ship calls at JNPT

    [caption caption="The project to deepen Jawaharlal Nehru Port Trust (JNPT) from 14 m to 15 m (50 feet) was made possible by a public investment of about Rs.2,000 crore ($282 million). Photo...

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  • Container carriers rewrite game plans

    Container carriers rewrite game plans

    [caption caption="Diverging carrier strategies could have an impact on customers as firms look to differentiate themselves in a largely commoditized market. Photo credit:...

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