Tag: ocean freight

Denmark-based shipping giant Maersk today reported fourth-quarter revenue of $11.7 billion, a 34% year-over-year decline.   Its logistics and other services ...

As ocean freight rates continue to surge — above 235% in some trade lanes — since mid-December when the Red ...

As drought conditions continue to affect the Panama Canal and more than 120 container ships reroute from the Red Sea ...

The airfreight market will return to “classic seasonality” in 2024, following a year of low rates and demand, according to ...

BOSTON — Though shipping cold chain pharmaceuticals via ocean creates less CO2 than shipping by air, switching to ocean from ...

Kenya is planning to shift 50% of its horticultural exports to sea freight from air in the next 10 years ...

The capacity shortage caused by COVID-19 has pushed airfreight operators to pursue creative solutions like the implementation of passenger freighters. ...

German delivery firm DHL expects global supply-chain bottlenecks to ease next year as the return of air travel adds cargo ...

The air cargo market continues to make progress in adding capacity since losing at least 50% of capacity when passenger ...

Ships have resumed berthing operations at a halted container terminal in Ningbo, China, adding to optimism that full activity at ...

China partly shut the world’s third-busiest container port after a worker became infected with Covid, threatening more damage to already ...

Shenzhen’s Yantian Container Port returned to nearly full operational efficiency late in June, after a drop to less than 30% ...

The global shipping industry, already exhausted by pandemic shocks that are adding to inflation pressures and delivery delays, faces the ...

A nearly week-long saga to dislodge a giant container ship stuck in the Suez Canal reached an end Monday as ...