EU Update 2024: Crises lead to growth
April 9, 2024
In light of the current political and economic developments, the mood in the European transport and logistics branch remains somewhat subdued. However, the crises have taught the logistics industry the importance of resilient supply chains—and thus the need for diversification of logistics services.
Container Shipping Market Facing Major Challenge
March 18, 2024
Global container shipping faces overcapacity, driving rates to unsustainable lows and prompting cost-cutting measures.
2024 Global Logistics Outlook: Crisis mode lingers
February 1, 2024
Figuring out how to emerge from this ongoing maelstrom will remain a challenge for shippers everywhere in 2024. With that in mind, let’s focus a few areas around the globe where extra care and diligent logistics management will need to be applied to keep operations—and budgets—in check.
Maersk and Hapag-Lloyd herald future plans for the ‘Gemini Cooperation’
January 17, 2024
Hapag-Lloyd said that the objective of this new offering will be to deliver a flexible and interconnected ocean network with industry-leading reliability. And Maersk explained that the Gemini Cooperation will provide unprecedented reliability, speed-to-market, and geographical reach, as well as continuing to support decarbonization and the company’s future intention to be a net-zero company.
Shipping Rates Are on the Rise as Disruptions Continue in Red Sea, Panama Canal
January 9, 2024
As shippers navigate goods around low water levels in the Panama Canal and risks in the Red Sea, rates are rising and the risk of downstream disruptions is growing.
Maersk continues to pause vessels in Red Sea and Gulf of Aden
January 5, 2024
Due to the ongoing violence in the Red Sea region and continued attacks on global shipping, global ocean container line service provider A.P. Moller-Maersk said this week it would pause all vessels bound for the Red Sea/Gulf of Aden, due to the recent incident pertaining to the Maersk Hangzhou and related issued in that region.
A.P. Moller-Maersk, Hapag-Lloyd Halt Commercial Shipping in Red Sea
December 15, 2023
Two global shipping giants, A.P. Moller-Maersk and Hapag-Lloyd, announced on Friday that they are pausing shipping in the Red Sea following continued attacks on commercial ships in the region.