CEVA Logistics, part of the CMA CGM Group, has signed a global, multi-year partnership with Ferrari to support its racing activities as official logistics partner.
Container capacity deployed in the four-week period in 2022 on the Asia-North America West Coast is 1.29 million TEUs, a massive 300,000 TEU higher than the 2016-2019 average deployment, according to the latest analysis by Sea-Intelligence.
DP World has entered a strategic partnership with Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping, reinforcing its commitment to sustainability.
Hong Kong-listed Orient Overseas Container Line (OOCL) more than doubled revenue (unaudited) to $15.7 billion for the year ended December 31, 2021 compared to $7.5 billion in 2020 on a marginal increase (2 two percent) in liftings to 7.6 million.
FedEx and Microsoft on Monday announced the next solution as part of their multiyear collaboration to transform commerce, supply chains and logistics.
Ocean carriers are likely to report a combined profit of $200 billion (at a margin of 37 percent) in 2022 against the revised estimate of $190 billion in 2021, according to maritime consultancy Drewry in its latest Container Forecast report.
The ports of Los Angeles and Long Beach will delay consideration of the container dwell fee until January 28. Since the programme was announced on October 25, the two ports have seen a combined decline of 62 percent in ageing cargo on the docks, Los Angel...
In light of the global supply chain crisis, the report highlights ongoing risks like ocean freight bottlenecks growing labor unrest, increased inventory leading to higher costs for companies, and an increased regulatory framework from governments around t...
2022 has been off to an ominous start for shippers - no let-up in climbing freight rates, port congestion globally at higher levels and demand continuing to increase in key markets like the U.S.
Kenyan B2C e-commerce company Copia Global has raised $50 million in a Series C equity round led by Goodwell Investments.
PAPS, a Senegal-based logistics and delivery company, announced that it has raised a $4.5 million pre-Series A round to expand its tech-enabled logistics solution across the Francophone region.
Kuehne+Nagel is launching the Seaexplorer disruption indicator to measure the efficiency of the world container shipping networks.
Kale Logistics Solutions (Kale) has appointed Vikram Bansal as its new chief technology officer (CTO) to enhance digital capabilities and fast-track technological innovation at the company.
ECS Group, Cargo Digital Factory, Wiremind, CargoTech
The global forwarder supported an NGO in rescuing five lions and one tiger from Ukraine and to safely transport them to their new home for in South Africa