Freight News
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, C2 and A3. The terminal is a major component of Thailand’s Eastern Economic Corridor and a primary deep-water gateway for regional trade.
Financial terms were not ...
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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 ...
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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 ...
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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 ...
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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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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 ...
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International airfreight rates surged in March, with some routes rising as much as 95 percent, as reduced capacity and higher fuel costs tied to the Iran conflict pushed prices toward pandemic-era highs, according to Drewry.
Rates from Shanghai to Dubai climbed 95 percent since the start ...
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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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Log-hub has released version 6.1 of its platform, adding artificial intelligence-driven route optimization and expanded carbon emissions analysis as companies seek more automated and transparent logistics planning tools.
The update introduces AI-powered last-mile route optimization through the company’s Supply Chain Agent, allowing users to generate delivery ...
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