Logistics
Hapag-Lloyd has agreed to acquire ZIM Integrated Shipping Services for about US$4.2 billion in cash, a merger that would create the world’s fifth-largest container shipping company and could reshape competition and freight pricing across major trade lanes.
Under the deal announced Feb. 16, Hapag-Lloyd will pay US$35 per ZIM share, a 58 percent premium to the company’s previous closing price, according to company statements. The combined carrier would operate more than ...
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U.S. import volumes at major container ports are expected to post their first month-over-month increase in six months in January but remain below year-earlier levels until late spring, according to the latest Global Port Tracker report from the National Retail Federation and Hackett Associates.
January volume ...
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President Donald J. Trump on Jan. 28 designated Laura DiBella to serve as chairman of the Federal Maritime Commission.
DiBella was sworn in as a new commissioner about three weeks earlier; she was nominated by Trump Dec. 18 and confirmed by the Senate on Dec. 18 ...
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The multipurpose and heavy-lift shipping market entered 2026 on a firmer footing, according to the 20th edition of Market Sentiment Index (MSI) from One World Shipbrokers, which recorded its third consecutive quarterly rise to 53.4 in the first quarter.
The index points to modest improvements in ...
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CMA CGM will reroute vessels on its FAL 1, FAL 3 and MEX Asia-Europe services around the Cape of Good Hope, reversing a recent return to the Suez Canal and adding fresh uncertainty for North American shippers already grappling with volatile transit times, freight rates ...
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The U.S. Federal Maritime Commission slapped Mediterranean Shipping Co. S.A. (MSC), the world’s largest container carrier, with civil penalties totaling US$22.67 million for multiple violations of the Shipping Act, the agency announced Jan. 28.
In a final order (Docket No. 23-08), the FMC said its Bureau ...
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Global container shipping in 2026 is facing worsening overcapacity and sharply reduced profitability, according to a new report from Drewry, the London-based maritime research and consultant.
Drewry’s latest analysis, Container Shipping Financial Health Check 2026, warns that weakening carrier finances and continued fleet expansion will reshape ...
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C.H. Robinson Worldwide Inc. closed out 2025 with another quarter of outperformance, gaining market share and expanding margins despite one of the weakest freight environments in more than a decade.
The Eden Prairie, Minnesota-based logistics provider said disciplined execution and its “Lean AI” operating model helped ...
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The global dry bulk shipping market is expected to remain broadly balanced in 2026 before weakening in 2027, according to new analysis from BIMCO, as fleet growth begins to outpace demand despite improving economic conditions.
BIMCO revised its 2026 dry bulk demand forecast higher by 0.5 ...
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The Port of Long Beach plans to double its annual container capacity to 20 million TEUs by 2050 after posting a record year in 2025, CEO Noel Hacegaba said at his first State of the Port address, Jan. 15.
The port moved 9.88 million twenty-foot-equivalent units, ...
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