Cosco has finalized agreements worth nearly $2.7 billion for the construction of 18 new container ships. This substantial investment marks a pivotal moment in the carrier’s ongoing strategy to moderni
by Fourth-Party Logistics Sees Renewed Interest Amidst Market Dynamics
Technology analyst Gartner recently published a report categorizing Fourth-Party Logistics (4PL) providers. This move signals a significant resurgence of interest in the 4PL model within the logistics
by Hapag-Lloyd Subsidiary Assumes Full Control of Florida International Terminal
Hapag-Lloyd’s dedicated terminal subsidiary has finalized its full acquisition of the Florida International Terminal (FIT). This strategic facility operates within Port Everglades, a key maritime gate
by Update: ‘Unexpected’ margin boost in Q3 2025 to lift ocean carriers’ full-year results – Drewry
Title: Ocean Carriers Eye Profit Rebound Through 2026, Drewry Forecasts
Ocean carriers are poised for an unexpected surge in their operating margins during the third quarter of 2025, according to a re
by Update: Trump threatens 25% tariff on Iran’s trading partners
Title: US President Proposes 25% Duty on Iran’s Trading Partners
Update: Trump threatens 25% tariff on Iran’s trading partners President Trump has threatened to impose a 25% tariff on countries that c
by Aldi Accelerates U.S. Expansion with New Logistics Hubs
Aldi is embarking on a significant expansion across the United States, targeting substantial growth in its retail footprint. The grocery chain plans to open 180 new stores nationwide by the end of 202
by Employers Grapple with Skills Gaps, AI Amid Improving Hiring Outlook
Despite an improving hiring outlook for 2026, employers continue to face significant challenges. These hurdles primarily stem from persistent skills gaps and the growing impact of artificial intellige
by Louisville Rail Terminal Works to Resolve Driver Delays
Drivers navigating the Norfolk Southern terminal in Louisville are currently experiencing significant operational delays. These issues, which began last month, have notably impacted traffic flow and t
by Shipping Sector Fuels LNG Growth Amid Policy Uncertainty
The maritime shipping industry is currently demonstrating a significant commitment to decarbonization. Major carriers are proactively pursuing their net-zero goals, driving substantial investments in
by STG Initiates Chapter 11 Restructuring, Operations Remain Active
STG has filed for Chapter 11 bankruptcy, a move the company says will reset its balance sheet. This financial restructuring aims to reduce debt obligations. The filing signals a strategic effort to st