Raymond STERN
Broken cranes see China-Europe rail schedules hit the buffers, hard
The China-Europe rail freight network is suffering congestion and delays from two broken cranes on the Kazakhstan border with China....
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Raymond STERN
Oct 13, 2022
Container shipping: Rates to drop below pre-COVID levels, report says
Container xChange’s monthly container logistics report highlighted the key trends driving the container shipping market’s volatility,...
Raymond STERN
Oct 13, 2022
Evergreen joins compatriot lines in renegotiating shipping contract rates
Evergreen has followed its fellow Taiwanese carriers, Yang Ming and Wan Hai, in beginning to renegotiate contract terms with shippers....
Raymond STERN
Oct 12, 2022
Dubai South Unveils Opening of DB Schenker’s Third Mega Logistics Facility
Dubai South, the largest single-urban master development focusing on aviation, logistics and real estate, has announced that DB Schenker...
Raymond STERN
Oct 10, 2022
Shipsy demonstrates the impact of AI, ML & automation on global supply chains
At GITEX GLOBAL 2022, Shipsy, a leading global SaaS-based smart logistics management platform, is showcasing how supply chain leaders...
Raymond STERN
Oct 9, 2022
Second strike at Liverpool to add to European port congestion, slow product delivery
Dockworkers in Liverpool are set to start a seven-day strike on October 11 as U.K. and European ports remain congested from dual prior...
Raymond STERN
Sep 13, 2022
AD Ports Group completes acquisition of Egypt’s Transmar and Transcargo International
The total purchase consideration for 70% shareholding amounts to $140mln. It is the first international acquisition realised by AD Ports...
Raymond STERN
Sep 11, 2022
Scan Global Logistics opens in Abu Dhabi, its second office in the UAE in less than a year
On 1 September, only seven months after opening its first wholly owned operation in Dubai in the United Arab Emirates (UAE), the global...
Raymond STERN
Aug 17, 2022
Sharjah's electric sky pods to transport shipping containers and boost UAE's green drive
A shipping container terminal is the latest addition to a Sharjah test centre that aims to take mass transport to the skies with an...
Raymond STERN
Aug 11, 2022
Logistics Giant DSV Targets U.S. in Renewed Acquisition Drive
CEO Jens Bjørn Andersen has built the freight forwarder into a global heavyweight, but says more consolidation is likely in the highly...
Raymond STERN
Jul 6, 2022
More than 2% of the global freight capacity is at a standstill in Europe’s North Sea
According to Germany’s Kiel Institute for the World Economy (IFW) expert, Vincent Stamer, more than 2% of the global freight capacity...
Raymond STERN
Feb 21, 2022
Expeditors International Shuts Down Computer Systems After Cyberattack
The logistics giant hasn’t said when it will fully restore operations. Seattle-based logistics giant Expeditors International of...
Raymond STERN
Feb 19, 2022
Maersk announces it is set to acquire Pilot Freight Services
Maersk officials said that the purchase price is $1.68 billion (USD), adding that the acquisition is subject to regulatory review and...
Raymond STERN
Feb 19, 2022
Supply chain crisis: Asia rethinks ‘just-in-time’ strategy as pandemic upends logistics industry
Pandemic-era disruptions have upended distribution networks and exposed vulnerabilities in supply chains from Hong Kong to Singapore to...
Raymond STERN
Feb 18, 2022
European forwarders call for urgent EC probe into 'distorted' liner market
Freight forwarder association Clecat is asking the EC competition directorate to urgently investigate what it claims are “distortions” in...
Raymond STERN
Feb 17, 2022
IKEA, Epicor & the supply chain crises impact on furniture
IKEA & Epicor say the fallout of the global shipping and supply chain crisis has serious consequences for furniture retailers &...
Raymond STERN
Feb 17, 2022
CMA CGM wins concession to operate Beirut's container terminal
CMA CGM’s terminal operating subsidiary CMA Terminals has won the 10-year concession to manage, operate and maintain the Port of Beirut’s...
Raymond STERN
Feb 11, 2022
Container terminal operators see profits boosted by global port congestion
Global terminal operators are profiting from port congestion – surcharges and storage fees are boosting average container yields....
Raymond STERN
Feb 11, 2022
10 Biggest Logistics Companies In MENA
Logistics companies are also key enablers, moving goods and services across the globe. Many MENA countries are developing their ports...
Raymond STERN
Feb 11, 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....
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