The U.S. Department of Commerce has announced the implementation of new duties on specific molded fiber products imported from China and Vietnam. This action targets a range of items, including molded
by Winter Weather Jolts US Trucking Rates
Disruptive winter weather, featuring a significant snowstorm and frigid temperatures, recently impacted the United States. This event caused a substantial surge in spot truck rates. The increase echoe
by Maersk Restructures Logistics Arm Following Profit Shortfalls
Maersk has initiated a significant reorganization of its logistics segment. This strategic move involves splitting the company’s “Logistics and Services” division into three distinct product segments.
by Polish Trade Body Alleges Unfair Advantage for Non-EU E-commerce
A prominent Polish digital trade body has voiced sharp criticism regarding what it describes as “unequal rules” impacting e-commerce platforms, particularly those operating from outside the European U
by Inland Waterways Offer Strategic Route for Project Cargo
Global demand for transporting large, complex project cargo continues to expand, prompting shippers to seek innovative logistical solutions. Inland water transport is emerging as a powerful alternativ
by Update: Australia’s VICT extends terminal concession at Port of Melbourne to 2066
Title: VICT Secures Extended Terminal Operations at Port of Melbourne
VICT, the Australian operating subsidiary of Manila-headquartered International Container Terminal Services (ICTSI), has secured a
by Inland Rail Hubs Grapple with Post-Storm Bottlenecks
Key inland rail terminals in Chicago, Cincinnati, and Memphis currently face significant congestion. These operational bottlenecks are causing widespread delays and generating driver complaints.
These
by Update: Eli Lilly plans $3.5B weight-loss drug factory
Pharmaceutical giant Eli Lilly has announced a substantial $3.5 billion investment in a new manufacturing facility. The company plans to construct this state-of-the-art factory in Pennsylvania, specif
by MPV Market Bifurcates Amid Uneven Cargo Demand
The Multi-Purpose Vessel (MPV) market is preparing for a significant structural shift. It will likely evolve into a two-tier system, reflecting the fluctuating nature of project cargo demand. While po
by Maersk Reports Quarterly Loss Amidst Looming Market Oversupply
Global shipping giant Maersk has announced its first quarterly financial loss in two years, marking a significant shift in its recent performance. This development comes even as the carrier’s robust i