Jeremy Nixon, a highly recognized executive in the container shipping industry, is set to step down as CEO of Ocean Network Express (ONE) after an eight-year tenure. His departure marks the end of a s
by WiseTech Global Announces Significant Workforce Reduction Amid AI Transition
WiseTech Global, a leading provider of freight forwarding software, announced plans to reduce its workforce by nearly 30%. This significant move comes as the company strategically prepares for what it
by India-Europe Shipping Costs Surge Amid Seasonal Demand
Spot shipping rates on the crucial India-Europe trade lane are currently experiencing a notable upward trend. This increase stems primarily from a significant surge in seasonal booking demand, coupled
by Update: Hormel taps Hershey veteran as chief supply chain officer
Hormel Foods has announced the appointment of Will Bonifant as its new Chief Supply Chain Officer. Bonifant, an experienced professional from The Hershey Company, brings extensive industry knowledge t
by Update: USPS tests picture proof of delivery capability
Title: USPS Explores Visual Delivery Confirmation in Pilot Program
Update: USPS tests picture proof of delivery capability The United States Postal Service (USPS) has initiated a pilot program to test
by Applied Materials Agrees to Landmark Export Violation Settlement
Applied Materials, a prominent global manufacturer of semiconductor manufacturing equipment, has agreed to pay a substantial $252.5 million. This payment resolves allegations of significant export vio
by Trade Flows Hold Steady Amid Tariff Uncertainty, Future Disruptions Loom
Despite persistent uncertainty surrounding global tariffs, shipper purchase orders currently maintain a steady course. This indicates a notable resilience within current trade flows. However, this sta
by Shipping Giants Assume Interim Control of Panama Canal Terminals
Units of two global shipping powerhouses, Maersk and MSC, have commenced interim management of critical terminals along the Panama Canal. This significant development sees APM Terminals, a subsidiary
by Maritime Decarbonization Targets Face Expert-Predicted Delays
The International Maritime Organization’s (IMO) net-zero framework currently lacks a clear path to finalization, industry experts report. Decarbonization specialists also agree that the IMO’s updated
by Court Ruling Prompts New Tariff Refund Solutions
A recent Supreme Court ruling has significant implications for IEEPA tariffs. Shippers and customs brokers may now qualify for refunds. In response, numerous forwarders and software vendors are offeri