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The dry bulk shipping market is expected to weaken in 2027 as accelerating vessel deliveries outpace demand growth under either of BIMCO’s two Strait of Hormuz scenarios.
BIMCO forecasts the dry bulk fleet growing 4 percent in both 2027 and 2028, driven largely by increased capesize deliveries. Cargo growth is expected to remain limited, while coal shipments begin declining.
If the Strait of Hormuz remains effectively closed, BIMCO forecasts ship demand growing ...
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C.H. Robinson has extended its artificial-intelligence tools into ocean shipping, airfreight and customs brokerage, automating portions of freight quoting, booking and document processing.
The third-party logistics provider said its AI agents have produced more than 80,000 ocean and airfreight price quotes for more than 3,600 customers. ...
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Herschel Parts has consolidated parcel and less-than-truckload shipping within an enterprise resource planning-integrated system, eliminating about 10 hours of weekly manual data entry.
The agricultural replacement-parts manufacturer and distributor is processing 98 percent of its shipments through a single workflow using Descartes Systems Group’s Pacejet multicarrier ...
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GEODIS has obtained certification in Poland permitting it to expand international forwarding services involving strategically sensitive and dual-use goods.
The Internal Compliance Programme certificate, known in Poland as WSK, was issued Sept. 16 by the Quality Certification Centre of the Military University of Technology. It confirms ...
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Persistent port congestion and higher fuel costs could prevent freight rates from returning to earlier levels as peak-season demand begins to ease, according to Freightos.
In its October Global Freight Outlook, Freightos said typhoon-related backlogs continued at major Far East ports, while congestion persisted at Northern ...
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China’s shipyards captured nearly three-quarters of global vessel contracting during the year ended Sept. 1, further extending the country’s lead while raising questions about whether expanded building capacity can remain fully employed.
The global shipyard order book reached an estimated 203.2 million compensated gross tons, or ...
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The Oregon International Port of Coos Bay has been selected to receive $204.8 million in federal funding for rail improvements supporting its proposed Pacific Coast Intermodal Port.
The Federal Railroad Administration selected the project for $204,771,601 through its fiscal 2025-2026 Consolidated Rail Infrastructure and Safety Improvements ...
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Ocean freight capacity and reliability risks are increasing on major Asia trade lanes, according to WiseTech Global’s October Ocean Freight Risk Outlook.
WiseTech rated overall risk on both Asia-North America and Asia-Europe trades as high. Europe-North America received a low overall rating.
On Asia-North America, tightening capacity ...
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Qatar Airways Cargo is expanding its Boeing 777 freighter network with new or restored services involving New York, Dallas/Fort Worth, Copenhagen and Warsaw.
The carrier will begin weekly New York freighter service Nov. 1 on a Doha-Liège-New York-Atlanta-Liège-Doha rotation. Combined with 14 weekly passenger flights, the ...
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Global container shipping schedule reliability declined for a fourth consecutive month in September, falling 2 percentage points to 27 percent, according to Xeneta.
Average vessel delays increased to six days, up 2.4 days since the beginning of the second quarter. Xeneta attributed much of the deterioration ...
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