December 2025

Hacebaga to Succeed Cordero as Long Beach CEO

The Long Beach Board of Harbor Commissioners were expected to select longtime Port of Long Beach executive Dr. Noel Hacegaba as the Port’s next CEO, effective Jan. 1. Hacegaba, currently chief operating officer, would succeed Mario Cordero, who is stepping down at the year end, after leading the port through record cargo growth, major modernization and the global pandemic. Hacegaba has served in senior management roles at the port for 15 years, ... [+]

GEODIS, Atlas Air, mas Expand in South America

Global logistics provider GEODIS said it has signed a strategic interline agreement with Atlas Air and mas, to significantly expand its air freight network across South America. GEODIS will further strengthen its air freight network in Colombia, Brazil, Panama, Chile and Costa Rica, increasing its ability to offer direct connections from ... [+]

Transpacific Rates Bottom Out, Drewry WCI Says

Drewry’s World Container Index (WCI) rose 7 percent to US$1,927 per 40-foot container (FEU) after three weeks of decline, mainly due to rate hikes on transpacific and Asia–Europe trade routes. Following three weeks of declines that pushed spot rates to their lowest level since January, rates on the transpacific head-haul finally ... [+]

Bulker Building Contracts Drop to 5-year Low

Through November the capacity of bulker newbuilding contract fell 54 percent year-over-year to 25 million deadweight tons, its lowest level since 2020, said BIMCO, the Danish shipping association. The result is the dry bulk orderbook 4 percent lower than a year ago, and accounting for 11 percent of the dry bulk ... [+]

BIMCO, Hunit Launch Standard Contracts Pilot

BIMCO and self-performing contract platform provider Hunit have launched a joint pilot project that aims to reduce risks, cut manual workloads and modernize the maritime industry’s work with standard contracts, the Danish shipping association said. The pilot project will address rising operational demands driven by sanctions regimes, increasing safety and emissions ... [+]

DHL, Happy Robot’s AI Agents Boosts Efficiency

Global logistics provider DHL Group said it is accelerating its enterprise-wide AI strategy through a new partnership between its contract logistics division, DHL Supply Chain and the AI startup HappyRobot, the enterprise-grade platform. DHL said the collaboration marks a significant step in deploying agentic AI to streamline operational communication and enhance ... [+]