Cosco has initiated its ambitious $7 billion fleet expansion strategy by awarding the first series of newbuilding contracts. This marks a significant step in the company’s long-term plan to modernize
by Lunar New Year Drives Asia-Europe Shipping Surge
Ocean carriers operating between Asia and Europe are significantly increasing their capacity as the trade route enters a critical peak shipping period. This heightened activity reflects strong demand
by Convenience Retailers Boost Supply Networks in 2025
The year 2025 marked a period of significant strategic activity within the convenience store sector’s supply chain operations. Major retailers undertook key initiatives to bolster their logistics and
by Economic Pressures Dampen Trans-Pacific Trade Ahead of Lunar New Year
Trans-Pacific shipping volumes have slowed considerably leading up to the Lunar New Year. This trend follows a sharp decline in the final months of 2025. Retailers primarily caused this earlier volume
by Update: Supply-demand imbalance puts ocean carriers on course for heavy losses
Title: Ocean Carriers Brace for Billions in Losses Amid Capacity Glut
The global ocean shipping industry faces significant financial headwinds, with analysts projecting heavy losses for carriers acros
by Update: White House delays furniture tariff increases for a year
The White House has announced a significant delay in its planned tariff increases on furniture imports. This decision means that the current 25% duty rate will remain unchanged for an additional year,
by Proposed Rail Merger Presents Mixed Outlook for Shippers
A significant proposed merger between Union Pacific (UP) and Norfolk Southern (NS) is currently undergoing federal review. This potential consolidation presents a complex picture for the shipping indu