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A.P. Moller-Maersk said its East-West Network, launched under the Gemini Cooperation with Hapag-Lloyd, has achieved schedule reliability above 90 percent in North America, underscoring efforts by ocean carriers to improve consistency after years of supply chain disruption.
The network, introduced in February 2025, marked a major overhaul of east-west trade lanes. The partnership replaced more complex service strings with a hub-and-shuttle model designed to reduce delays and improve on-time performance.
Since its ...
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Shippers should not overreact to recent increases in ocean freight rates linked to the Iran conflict, as current volatility remains below levels seen during the Covid-19 pandemic, according to Drewry Shipping Consultants.
Data from Drewry’s Container Freight Rate Insight shows that spot rates on major east-west ...
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DHL Global Forwarding is expanding air freight capacity between Asia and Europe with new dedicated flights, leveraging assets from DHL Express to meet rising demand on the trade lane.
The company said it will launch weekly Boeing 777F services connecting Shanghai and Leipzig, as well as ...
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AAL Shipping has unveiled its latest Super B-Class vessel, AAL Newcastle, and announced two additional newbuildings as it expands capacity for heavy-lift cargo.
The vessel was named at CSSC Huangpu Wenchong Shipyard. In a statement, AAL Shipping said AAL Tianjin and AAL Miami will join the ...
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Global iron ore shipments rose 5 percent year over year in the first 12 weeks of 2026, supported by stronger Chinese import demand, even as China’s steel output declined, according to BIMCO.
Chinese steel production fell 4 percent year over year in the first two months ...
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Global container shipping rates continued to rise across major benchmarks, but market signals from Drewry and Xeneta point to diverging dynamics between stable capacity on some lanes and tightening conditions driven by geopolitical disruption and congestion.
Drewry’s World Container Index for the week of March 19 ...
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DHL is expanding its North America logistics infrastructure to support accelerating demand for data center construction and hyperscale deployment, adding more than 7 million square feet of dedicated warehouse capacity across 10 new sites set to come online in 2026.
The expansion, led by DHL Supply ...
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TotalEnergies will exit U.S. offshore wind, relinquishing two federal leases and redirecting capital to natural gas and power projects, after reaching a settlement with the U.S. Department of the Interior that includes roughly US$1 billion in reimbursed lease fees.
The company said it will return the ...
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ANALYSIS – The Trump administration is reshaping U.S. energy and foreign policy around oil supply and price stability, taking aggressive steps in Venezuela and Iran as global markets reel from oil-driven disruptions.
In recent days, the administration has moved to ease restrictions on both Venezuelan and ...
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Several major container shipping lines reported sharply lower earnings for 2025 as the industry continued to cool from the record profits generated during the pandemic-era freight boom.
Taiwan-based carrier Evergreen Marine Corp. said net profit attributable to shareholders fell 50.8 percent to about US$2.13 billion, on ...
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