Logistics
At its midway point in is financial year, shipping line Hapag-Lloyd saw significantly increased transport in a volatile shipping market characterized by chaotic implementation of tariffs.
Germany-based Hapag-Lloyd concluded its first half with group EBITDA of US$1.9 billion, up 11.3 percent from the first half of 2024.
The frequent changes in trade policies of U.S. and its trade partners – or adversaries – led to volatile demand and freight rates. In addition, ...
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Haier-owned GE Appliances said Aug. 13 that it plans to invest more than US$3 billion over five years in its U.S. operations and workforce following the Trump administration's tariff policies aimed at boosting domestic manufacturing, Reuters reported.
GE Appliances said the investment is aimed at expanding ...
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U.S. seaborne grain shipments improved 9 percent in the first half of 2025, despite retaliatory tariffs that caused U.S. grain exports to China to plummet 57 percent in the same period, said BIMCO, the Danish shipping association.
The first half result was driven by stronger maize ...
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Georgia Ports broke ground in July on a new PermaCold Logistics 216,000 square-foot cold storage facility near Brunswick, adding 30,000 pallet positions.
The building is being developed by Ti Cold and Karis Cold for PermaCold Logistics at Tidewater Industrial Park in Darien, Ga. Located five minutes ...
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British International Freight Association Director General Steve Parker, while echoing BIFA’s support for Heathrow Airport’s long overdue expansion, has called for the UK government to get on with it.
"Over the past decades, successive UK governments have shown a singular lack of vision in the face ...
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President Trump on July 30 issued an executive order suspending commercial de minimis entries from all countries as of Aug. 29.
Trump said he is taking this action under the International Emergency Economic Powers Act, or IEEPA, to prevent evasion of the “reciprocal” tariffs he imposed ...
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Market average spot rates from the Far East to U.S. West Coast increased 10 percent by mid-month but steadily declined to US$2,264 per 40-foot equivalent units (or FEUs), said Xeneta, the freight rate benchmarking and market analytics platform.
Average spot rates from Far East to U.S. ...
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The International Cargo Handling Coordination Association, or ICHCA, has conducted an analysis of nearly 500 incidents involving shore workers over the last 25 years, with its findings on the ICHCA Severe Risks Dashboard.
Key findings include:
• An almost equal split between on-vessel and onshore risk to ...
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ITS Logistics, the asset-based North American third-party logistics provider, said its second quarter U.S. Distribution and Fulfillment Index, powered by Cresa, sees a tightening of warehouse space in the second half of the year.
Calling it “market recalibrating,” ITS Logistics said that tariff-driven front-loading continues to ...
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Drewry's World Container Index, or WCI, declined 1 percent to US$2,499 per 40-foot container the week of July 31, and continued to stabilize after a volatile period.
The unpredictability began, Drewry said, after U.S. tariffs were announced in April, which caused rates to surge from May ...
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