Orders and production drove the industry’s expansion, as businesses submitted requests to restock shelves or get ahead of tariffs, according to the Institute for Supply Management.
With few opportunities for large-scale consolidation and freight rates under growing pressure from slowing volumes and the largest-ever order book, liners will need to look elsewhere to save costs; it won’t be long before AI offers up ready solutions, writes Peter Tirschwell.
Industry leaders play a critical role in removing barriers and encouraging inclusivity, according to SVP of Field Supply Chain Darcy Arata.
Launching early this year, Walmart Exports will allow eligible products to be delivered from the U.S. to shoppers in Mexico and Canada.
Norden, Stena RoRo and Meriaura commit to up to 15 new ships as the resilience of the MPV market is reflected in the most recent quarterly market sentiment index published by One World Shipbrokers.
The appointment of Maersk’s terminals arm came just hours Panama’s Supreme Court nullified the concessions Hutchison had held at the Balboa and Cristobal ports for almost 30 years.
The move comes after Spain turned away three US-flagged ships and a Danish multipurpose vessel on the grounds they were carrying military cargo bound for Israel.
CEO Mark Rourke said a spot rate surge in December was the first sign of truckload capacity exits having a material impact on prices that will eventually lead to the carrier being able to charge shippers higher rates.
A surge in tariff-driven frontloading from Asia to North America earlier in the year led to a wait-and-see approach from US importers, resulting in weaker demand.
The U.S. president said the duties would be implemented if Canada doesn’t fully certify four Gulfstream jet models but didn’t give a precise timeline.
