Ocean Network Express (ONE) has significantly increased its ownership stake in Poseidon, the parent company of Seaspan. This strategic investment, estimated at nearly $1 billion, underscores ONE’s com
by USPS Launches Bidding for Last-Mile Delivery Network Access
The United States Postal Service (USPS) has initiated a new bidding process, inviting shippers to reserve crucial “last-mile” delivery capacity within its extensive network.
USPS Launches Bidding for
by Asia-Latin America Trade Faces Strategic Overhauls and Rate Adjustments
Ocean carriers operating on the vital Asia-Latin America trade route are preparing for significant operational shifts. These strategic adjustments include planned increases in freight rates alongside
by Global Shipping Lanes See Major Capacity Shift and Imbalance
New analysis reveals a profound transformation within the global container shipping market. Over the past two years, a systematic displacement of larger vessels has occurred, moving them from primary
by Asia-Europe Ocean Trade Sees Capacity Surge Amid Booking Boom
Cargo bookings for the vital ocean trade routes connecting Asia to North Europe and the Mediterranean experienced a sharp increase throughout December. This significant uptick reflects robust activity
by Ocean Carriers Face Challenging Outlook Amidst Profit Dip
Ocean carriers recently reported a sharp decline in their third-quarter profits, a development signaling potential headwinds for the industry. Despite this recent downturn, market analysts project shi