Freight Teklif Al

The eight-week long service offers roughly two-week faster transit than traditional east-west routes that now generally sail around the Cape of Good Hope due to Red Sea diversions.

“It is increasingly difficult to really predict where that next disruption is going to come from,” Ranole Beng, Maersk’s head of Transpacific market for ocean, said in a virtual panel.

While the extreme volatility and withdrawal spikes of the pandemic era have concluded, the pre-2020 expectation of single-digit capacity withdrawal is structurally obsolete, the analyst says.

The maintenance and household products maker said effects from the conflict strained its supply chain last quarter.

The beverage company is still working to determine the full scope of the breach at its Fairlife business.

The Port St. Lucie site will cease operations Sept. 17, with employee separations slated to start the same day, according to a WARN notice.

Executives should ensure they have the right data, are piloting and scaling intelligently, and ready to scrap use cases that don’t pay off, experts said.

The sector is adding and expanding terminals, but data shows its overall door count is still almost 5% below its COVID-era 2022 peak.

Hunt set a company record for intermodal volume in Q2, with the gains coming as shippers increasingly turn to intermodal as they struggle to secure truckload capacity and absorb fuel price spikes linked to the war with Iran.

With vessel space increasingly scarce, cargo rollovers on certain premier westbound services out of India’s key gateway ports of Nhava Sheva and Mundra have been as high as 2,000 to 3,000 TEUs per sailing in recent weeks, industry sources say.