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Logistics

Maersk Charts Strong Q3 Amid Operational Gains

A.P. Moller - Maersk A/S said delivered strong financial results in the third quarter of 2025, driven by operational improvements and proactive cost measures. The company achieved sequential growth across all business segments. Based on this, Maersk refines the full-year 2025 financial guidance. Revenue was US$ 14.2 billion, down 10.1 percent from US$15.8 billion in the third quarter 2024. EBITDA was US$2.7 billion, plummeting 43.8 percent from US$4.8 billion in the ... [+]

Long Beach-LA Ports, SCAQMD in Clean Air Pact

The Long Beach Board of Harbor Commissioners have approved a cooperative agreement with the South Coast Air Quality Management District (SCAQMD) and the Port of Los Angeles containing time-bound and enforceable commitments to develop zero-emissions infrastructure at the nation’s largest ports complex. The agreement, which the ... [+]

Georgia Ports Sustain 12% of State Employment

Port activity in Georgia now supports nearly 651,000 full- and part-time jobs across the Peach State, according to an economic impact study by the University of Georgia’s Terry College of Business. The statewide number has grown by 41,770 jobs or 7 percent compared to fiscal ... [+]

CH Robinson Launches Agentic Supply Chain

C.H. Robinson harkened the arrival of its Agentic Supply Chain: an intelligent ecosystem that continuously thinks, learns, adapts and acts. The Eden Prairie, Minnesota logistics provider said it is the most advanced form of artificial intelligence in logistics. It understands context, makes decisions in real time ... [+]

CBP Automates ACE Secure Data Portal Process

U.S. Customs and Border Protection (CBP) on Oct. 30 automated the process for applying for a new Automated Commercial Environment (ACE) Secure Data Portal (ACE Portal) top account with the Importer sub-account view. For trade parties with an existing CBP Form 5106 (5106 record) on file ... [+]

Incora’s Malaysia Office Supports APAC Growth

Incora, a provider of integrated supply chain solutions for the aerospace and defense industries, said it has opened an office in Johor, Malaysia, a latest step in its expansion across the Asia-Pacific. The new office will serve as Incora’s Asia-Pacific Shared Service Center and will provide ... [+]

US Chamber to Congress on Shutdown: ‘Enough’

U.S. Chamber of Commerce President and CEO Suzanne P. Clark, in a letter to Congress Nov. 6 called on Senate Democrats to immediately vote to reopen the federal government and work with Republicans to address pressing issues such as healthcare affordability. “ENOUGH. Government shutdowns are always ... [+]

China to Resume US Soya Bean Imports, BIMCO

Following U.S.-China trade negotiations, China has committed to resume imports of U.S. soya beans and will purchase 12 million tonnes during the rest of 2025 and 25 million tonnes per year during the next three years, like 2024 volumes. If these commitments are met, U.S. ... [+]

Dry Bulk Demand Softens as Coal Shipments Fall

Coal shipments are forecast to decline 4.9 percent between 2025 and 2027, as demand is falling as electricity generation from renewable sources continues to expand, particularly in China, Europe and India, said BIMCO, the Danish shipping association. Furthermore, the global steel demand outlook is weak, contributing ... [+]

KKR Launches Galaxy Container Solutions

Global investment firm KKR said it has launched Galaxy Container Solutions, a global marine container leasing and financing platform, in partnership with a team of industry veterans. Galaxy will be owned by KKR-managed credit funds and accounts, which are committing US$500 million to the company via ... [+]

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