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Baltimore’s Francis Scott Key Bridge Collapses After Collision
March 26, 2024
A major bridge collapsed in Baltimore overnight and the economic impact is expected to be severe.
Container Shipping Market Facing Major Challenge
March 18, 2024
Global container shipping faces overcapacity, driving rates to unsustainable lows and prompting cost-cutting measures.
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.
Autonomous Trucking Continues to Build Momentum for Large Fleets
October 10, 2023
A partnership between Maersk and Kodiak Robotics brings the first commercial trucking lane between Houston and Oklahoma City to fruition as self-driving truck testing programs continue to grow.
Maersk Hopes to Automate As Much As 80% of Logistics Within 7 Years
August 18, 2023
In an interview with a Danish newspaper, Maersk CTO Navneet Kapoor said the company is using AI to automate as much as 20% of its logistics tasks today and hopes to increase that to 80% within seven years.
European logistics in times of war and crises
April 3, 2023
Considering all that has taken place, our European correspondent reports that the logistics industry in Europe has responded well to the generational disruptions experienced over the past few years. Through the development of new routes, services and even diplomacy, supply chains have been maintained—even under extreme pressures.
2M ocean alliance is winding down, reports MSC and Maersk
January 30, 2023
Global ocean container carriers Geneva Switzerland-based MSC Shipping Company (MSC) and Copenhagen, Denmark-based Maersk A/S, a subsidiary of A.P. Moller-Maersk, said that they have reached a mutual agreement to terminate their 2M ocean alliance, a container shipping line vessel agreement in 2025.
Top 30 Ocean Carriers 2021: Pricing heads up as shippers fight for space
October 12, 2021
Shippers relying on maritime operators to get their goods to market have been slammed in recent months. Meanwhile container carriers are looking at 50%-plus percentage gains in revenue.
Quest for Quality 2021: Ocean Carriers
August 15, 2021
Balance achieved, service delivered.
Top 35 Ocean Carriers 2018: Turnaround time?
October 3, 2018
The continued rise in fuel prices and chartering rates had a negative impact on the earnings of the top tier carriers for most of 2018. But as new alliances mature, industry experts are forecasting a modest improvement by next year.
Damco’s supply chain services under Maersk banner will be tracked closely by shippers
September 25, 2018
When Damco’s Supply Chain Services and Maersk Line’s Ocean Product are finally integrated On January 1st, 2019, A.P. Moller - Maersk hopes that shippers will have “fewer touchpoints” and more comprehensive offerings.
Maersk and IBM Introduce TradeLens Blockchain Global Shipping Solution
August 13, 2018
The industry-wide collaboration announced in January advances as more than 90 organizations participate in the global trade solution with more than 154 million events captured on the platform and growing by one million per day.
Ocean Carrier Trends: Will global shipping alliances restore stability?
January 31, 2018
Hedging your bets on securing capacity may be an ongoing gambit this year, say ocean shipping industry experts. The big players have only gotten bigger, but that’s no guarantee that service and reliability will improve.
Maersk and IBM roll out blockchain-based joint venture with a global trade focus
January 18, 2018
With a focus on providing more efficient and secure methods for conducting global trade through the usage of blockchain technology, ocean cargo giant A.P. Moller-Maersk and technology powerhouse IBM announced plans this week for a joint venture (JV). IBM and Maersk said that the objective of this JV is to provide a jointly developed global trade digitization platform that is built on open standards and designed for use by the entire global shipping ecosystem
Maersk IBM Form Joint Venture Applying Blockchain to Improve Global Trade & Digitize Supply Chain
January 18, 2018
A.P. Moller - Maersk and IBM have announced their intent to establish a joint venture to provide more efficient and secure methods for conducting global trade using blockchain technology.