OCEAN FREIGHT

Scan Global Logistics appoints former Maersk boss Nils Smedegaard Andersen

Raymond STERN

May 23, 2023

Scan Global Logistics appoints former Maersk boss Nils Smedegaard Andersen

Fast-growing forwarder Scan Global Logistics (SGL) has appointed Nils Smedegaard Andersen as its first new board member and chairman of...

Etihad Rail, DHL Global Forwarding ink 20-year partnership

Abdel Halim ESSABBAK

May 16, 2023

Etihad Rail, DHL Global Forwarding ink 20-year partnership

The agreement will see the establishment of a joint venture company that will enable DHL to use Etihad Rail’s network to conduct its main...

Aramex and Abu Dhabi Ports set up joint venture focused on freight forwarding

Abdel Halim ESSABBAK

May 14, 2023

Aramex and Abu Dhabi Ports set up joint venture focused on freight forwarding

Aramex, the Middle East’s biggest listed courier company, has signed an agreement with Abu Dhabi Ports Group to set up a joint venture to...

Supply-Chain Headaches Ease for Many Companies

Raymond STERN

Feb 20, 2023

Supply-Chain Headaches Ease for Many Companies

Some retailers and manufacturers expect fewer disruptions and lower freight rates this year. Supply-chain snarls are fading from among...

There’s a new inflation warning for consumers coming from the supply chain

Raymond STERN

Feb 12, 2023

There’s a new inflation warning for consumers coming from the supply chain

Warehouses and distribution centers are pushing rates higher, with U.S. storage prices up 1.4% month-over-month and nearly 11%...

C.H. Robinson Reaches Standstill Agreement With Activist Investor

Raymond STERN

Jan 8, 2023

C.H. Robinson Reaches Standstill Agreement With Activist Investor

The pact with Ancora Advisors comes as the freight broker is searching for a new CEO. Logistics heavyweight C.H. Robinson Worldwide Inc....

Relief for shippers as freight costs dip to near pre-pandemic levels

Raymond STERN

Dec 25, 2022

Relief for shippers as freight costs dip to near pre-pandemic levels

AFTER more than two years of exceptionally high freight rates in a tight capacity market, shippers are finally getting some relief. In...

Muscat – Asyad Group, Oman’s global integrated logistics service provider, signed a memorandum of un

Raymond STERN

Nov 25, 2022

Muscat – Asyad Group, Oman’s global integrated logistics service provider, signed a memorandum of un

Muscat – Asyad Group, Oman’s global integrated logistics service provider, signed a memorandum of understanding (MoU) with Tanzania Post...

Forwarders call for rules to prevent carrier dominance of global supply chains

Raymond STERN

Nov 24, 2022

Forwarders call for rules to prevent carrier dominance of global supply chains

Global regulation is needed to prevent supply chain domination by container lines, FIATA told the Logistics for Europe Forum in Brussels...

Maersk adds Khazaen Dry Port to its global network of port calls

Raymond STERN

Nov 23, 2022

Maersk adds Khazaen Dry Port to its global network of port calls

The agreement enables Maersk to offer customers seamless access to global markets, as well as enhanced time-and cost-efficient land...

Dubai based Transworld Group enters the Tanker segment

Raymond STERN

Nov 23, 2022

Dubai based Transworld Group enters the Tanker segment

In its latest diversification move with the acquisition of 2 LR tankers. Transworld Group Dubai joins the liquid bulk trade with two Long...

Bahri’s Chemicals and Logistics business units sign MoUs to strengthen cooperation with Luberef

Raymond STERN

Nov 20, 2022

Bahri’s Chemicals and Logistics business units sign MoUs to strengthen cooperation with Luberef

Bahri business units to provide sustainable and efficient solutions to meet Luberef’s various logistics and transportation requirements...

DHL to open new office in Sohar Freezone

Raymond STERN

Nov 18, 2022

DHL to open new office in Sohar Freezone

DHL, the leading international provider of air, ocean, and road freight services has announced the opening of a new office in Sohar...

Acquisition of Noatum Propels AD Ports Group to Become a Global Logistics Platform

Raymond STERN

Nov 17, 2022

Acquisition of Noatum Propels AD Ports Group to Become a Global Logistics Platform

AED 2.5 Billion Strategic Investment also Offers Exposure to Maritime Activities in the Mediterranean Region and Port Facilities in Spain...

Global freight rates down 30% YoY; steel, auto, and pharma to benefit

Raymond STERN

Nov 16, 2022

Global freight rates down 30% YoY; steel, auto, and pharma to benefit

However, average container prices are still 2-3 times higher compared to pre-pandemic levels. International freight rates have declined...

GoFreight raises $23M to become the “Shopify of freight forwarding”

Raymond STERN

Nov 13, 2022

GoFreight raises $23M to become the “Shopify of freight forwarding”

Unicorn Flexport is revolutionizing the world of logistics, serving as a freight forwarder with software that enables customers to manage...

C.H. Robinson cuts jobs as logistics markets cool

Raymond STERN

Nov 10, 2022

C.H. Robinson cuts jobs as logistics markets cool

Logistics company C.H. Robinson Worldwide Inc. (NYSE: CHRW) has laid off about 650 workers in the past week, signaling slower demand for...

UK freight association develops programme to attract recruits from other industry sectors

Raymond STERN

Nov 7, 2022

UK freight association develops programme to attract recruits from other industry sectors

The British International Freight Association (BIFA) has launched a programme called ‘Freight Development Pathway’ in partnership with...

Amazon targets freight forwarding with Global Logistics offering

Raymond STERN

Nov 1, 2022

Amazon targets freight forwarding with Global Logistics offering

Amazon is looking to ramp up its freight forwarding business as the e-commerce giant continues to expand its supply chain offering....

Shipping rates are no longer plunging. Is ‘new normal’ near?

Raymond STERN

Oct 27, 2022

Shipping rates are no longer plunging. Is ‘new normal’ near?

Drewry trans-Pacific indexes down just 3% this week, FBX indexes flattening Ocean shipping spot rate indexes are still falling. But after...