Freight News
The global shipping order book reached a 17-year high of 191 million compensated gross tonnes (CGT) by the end of the first quarter of 2026, equal to 17 percent of the global fleet, according to BIMCO.
The increase reflects sustained newbuilding activity and a surge in tanker orders, including a record quarter for crude tanker contracting, said Filipe Gouveia, shipping analysis manager at BIMCO.
Newbuilding contracting totaled 17.6 million CGT in the ...
[+]
APM Terminals’ US$73 million rail expansion at Port of Los Angeles is accelerating cargo flows from ships to inland markets, as upgraded infrastructure at Pier 400 boosts capacity and cuts transit times.
The project, implemented at APM Terminals Los Angeles, added 31,000 linear feet of track ...
[+]
GEODIS said it is consolidating legacy brands in France and expanding specialized healthcare logistics capabilities in Switzerland, as it seeks to strengthen its European network.
The company said Sealogis, Sealogis Freight Forwarding and XP LOG will be rebranded under the GEODIS name by the end of ...
[+]
Ocean Network Express has agreed to acquire a 30 percent stake in Hutchison Laem Chabang Terminal, strengthening its access to capacity at one of Southeast Asia’s key shipping hubs.
The investment, announced March 30, covers the Laem Chabang facility’s Terminal D, as well as Terminals C1, ...
[+]
Global logistics provider GEODIS has completed its acquisition of Transports Malherbe after receiving regulatory approval, strengthening its position in France’s road freight market.
The deal expands GEODIS’s capabilities in full truckload and less-than-truckload transport, particularly in the agri-food and retail sectors where Malherbe has an established ...
[+]
A.P. Moller-Maersk and Hapag-Lloyd, in their most recent financial results, reflected continued normalization in container shipping earnings as freight rates soften from pandemic-era highs.
Maersk, which reports on a standard quarterly basis, reported revenue of about US$50 billion for the year, with underlying EBITDA of roughly ...
[+]
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 ...
[+]
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 ...
[+]
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 ...
[+]
CEVA Logistics said March 31 it has completed its acquisition of Italy-based Fagioli Group after receiving regulatory approvals and meeting closing conditions.
The companies signed the share purchase agreement on Dec. 15, 2025. Financial terms were not disclosed.
CEVA said the deal strengthens its capabilities in project ...
[+]
« Back
More »
