Ekspres Kargo

The delays in Asia helped propel global port congestion to a four-year high, with almost 11% of the container fleet waiting at anchorage as of June 28, according to Linerlytica.

The port authority plans to pause operations at its Leatherman Terminal used by MSC and shift activity to other terminals starting in August.

The U.S., Mexico and Canada will continue negotiating about potential adjustments to the trilateral free trade agreement, which will remain in place until at least 2036.

The takeover means CMA CGM subsidiary CEVA Logistics will become one of the top contract logistics providers in North America.

The overall economy grew for the 20th month in a row, but the Iran war and price volatility are still major concerns for manufacturers.

A key freight forwarders group warns that shifting liability onto forwarders – without them having operational control or corresponding insurance coverage – creates legal uncertainty.

Once the deal for FedEx Supply Chain is complete, the two companies also plan to solidify multiyear ocean and air freight agreements.

The beverage giant will lay off 175 workers as part of the closure, which has been planned for several years.

Breakbulk and project cargo market drivers are being tempered by government actions and ongoing tensions in global trade lanes.

The Brownsville Navigation District unveiled its deeper ship channels last week as the South Texas port aims to be ready for heavier liquid and bulk commodity ships.