Archives



June 2025

ONE Adds Sixth Ammonia-Methanol-ready Vessel

Ocean Network Express held a naming ceremony for the ONE Singapore, the sixth vessel in a series of 20 ammonia/methanol ready container vessels at the Hiroshima Shipyard of Imabari Shipbuilding Co. Ltd. in Japan. The 13,900 TEU Singapore-flagged vessel, which is methanol and ammonia-ready, follows the successful integration of ONE Sparkle – ONE’s first owned newbuilding – and the subsequent sister vessels, ONE Singapore will strengthen the company's service offerings on ... [+]

DHL Hikes International Small Package Rates

Parcel service giant DHL said it will “moderately increase” prices for private customer parcels and small packages sent abroad, effective July 1. DHL said it will adjust parcel prices for different country zones variably and more cost-oriented. In many zones and weight categories, parcel prices will remain stable. Additionally, DHL will classify ... [+]

GEODIS Expands Mexico Nearshoring Operations

GEODIS has opened an office in Guadalajara, Jalisco, to support the growth of the global logistics provider’s growing nearshoring freight forwarding business in Mexico. The Guadalajara office, GEODIS’s second-largest operations center in Mexico, will become a shared services center, including key logistics operations for the entire Americas region, the company said. ... [+]

Maersk Introduces New Dual-fuel Vessel Class

Ocean logistics giant A.P. Moller - Maersk named the first vessel in a series of 17,480 TEU vessels equipped with dual-fuel methanol propulsion, at a ceremony June 18 at Hyundai Heavy Industries’ (HHI) yard in Ulsan, South Korea. The Berlin Mærsk, is the 14th dual-fuel newbuild entering the Maersk fleet, and it ... [+]

Long Beach Blames Tariffs for 8.2% May Cargo Dip

Trade moving through the Port of Long Beach declined 8.2 percent in May due to tariffs and retaliatory tariffs, but a temporary pause on those fees will likely trigger a cargo surge by late June. Dockworkers and terminal operators processed 639,160 twenty-foot equivalent units, or TEUs in May, down 8.2 percent ... [+]

Tariffs Topple LA Port Volume, FY 2025-26 Budget

The Port of Los Angeles blamed the impacts of tariffs on imports and exports, as its May volume fell 5 percent to 716,619 twenty-foot equivalent units, or TEUs, and ending 10 straight months of year-over-year growth in overall cargo volume. “May marked our lowest monthly cargo output in over two years,” ... [+]

Consumers ‘Seeing Way Through’ Tariffs, NRF

U.S. Census Bureau data released June 17 showed continued growth in core retail sales – which exclude autos, gas and restaurants – in May despite a downturn in overall sales amid on-again, off-again tariffs on imported merchandise, said National Retail Federation Chief Economist Jack Kleinhen. “Despite a soft labor market, aggregate ... [+]

Freedom Intermodal, NOPB Expand at Port NOLA

The New Orleans Public Belt Railroad, or NOPB, said it has strengthened its partnership with Freedom International Tank Services, a full-service, logistics provider headquartered in New Orleans. Freedom Intermodal’s recent launch of its railcar cleaning services, as well as an expansion of transloading capacity and railcar storage, improves efficiency and reliability ... [+]

DOT Proposal Would Slash Trucking Regulations

The U.S. Department of Transportation has proposed slashing or amending about two dozen federal trucking regulations — major and minor — that the agency said were outdated or punishing truckers. “My department is slashing duplicative and outdated regulations that are unnecessarily burdensome, waste taxpayer dollars, and fail to ensure safety,” Transportation ... [+]

OECD Lowers 2025-26 Global, US Forecast

Global economic prospects are weakening, with substantial barriers to trade, tighter financial conditions, diminishing confidence and heightened policy uncertainty projected to have adverse impacts on growth, according to the Organization for Economic Cooperation and Development’s (OECD) latest Economic Outlook (https://tinyurl.com/mr3m6fbh). Global growth has slowed from 3.3 percent in 2024 to 2.9 ... [+]