Freight News
Singapore-based carrier Ocean Network Express, or ONE, will join Ocean Alliance members CMA CGM, COSCO Shipping Lines, Oriental Overseas Container Line and Evergreen Line in three North Europe Transatlantic services, effective from February 2025.
“Combining our collective fleet deployment and market experience to provide a comprehensive and reliable end-to-end customer service offering across all the key TA [transatlantic] market sectors,” said Jeremy Nixon, CEO of ONE.
The three services between North Europe ...
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Global mid-market business leaders are relatively optimistic for 2025, despite seeing a recession as a foregone conclusion, according to a survey by U.S. accounting firm Moss Adams LLP.The 2024 Mid-Market Report, which targets owners and CEOs of businesses reporting US$50 million to US$500 million in ...
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Buoyed by six straight months of historic volumes, the Port of Long Beach is on course to reach 9.6 million cargo containers by the end of 2024 without congestion or other disruption and exceeding the previous record set during the pandemic in 2021.The Port of ...
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OUTLOOK Report from Magaya
The global logistics industry may soon be faced with further disruption as U.S trade policy transitions to President-elect Trump and a new Congress in January.Already, announcements of proposed tariffs and regulatory shifts are causing concern about their impact to global supply chains, ...
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DAT Freight & Analytics, which operates DAT One, the truckload freight marketplace, and DAT iQ, the freight data analytics service, said Dec. 17 that it acquired Trucker Tools, a carrier-forward capacity sourcing and load-tracking solution.DAT, the Beaverton, Oregon-based business unit of Roper Technologies, said the ...
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The CMA CGM Group, the French shipping giant, said it is building a zero-emission inland waterway transport solution in Vietnam, featuring a battery-powered electric barge and a charging infrastructure powered by a new solar farm at the deep-sea terminal of Gemalink.The e-barge will transport goods ...
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U.S. retail sales showed moderate growth continuing in November ahead of the holiday season’s busiest shopping days, according to the CNBC/NRF Retail Monitor, which the National Retail Federation released Dec. 10.Total retail sales, excluding automobiles and gasoline, were up 0.15 percent seasonally adjusted month over ...
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Ocean Network Express said it will postpone the start of its PS5 and PN4 transpacific services under the Premier Alliance until May 2025.Through May, ONE will modify service coverage with additional port calls on the PS4, PS6 and PN3, with the following rotations:• PS4 (Pacific ...
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Some 270 business organizations, in a letter asked the International Longshoremen’s Association and the U.S. Maritime Alliance Ltd. to resume contract talks in hopes of avoiding another strike at the 36 ports on the East and Gulf coasts.The two sides were to have met four ...
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The global airline industry in 2025 will show a slight strengthening of profitability amid ongoing cost and supply chain challenges, according to the outlook from he International Air Transport Association, or IATA.The overall financial performance is expected to improve in 2025 on the back of ...
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