Zim’s fourth-quarter earnings beat estimates despite drop in rates, volume
The Israel-based carrier said the volume declines were led by its cross-Suez and trans-Atlantic services, which dropped 13% and 10%, respectively, from 2024.
The Israel-based carrier said the volume declines were led by its cross-Suez and trans-Atlantic services, which dropped 13% and 10%, respectively, from 2024.
Shippers face legal risks, unclear timelines and system gaps as they navigate a potentially complex rollout of tariff refund procedures
Data generated within logistics software vendors is part of a web of information that helps shippers weigh service levels and inventory carrying costs against rate levels.
Hutchison-owned Panama Ports Company had its 28-year concession to manage and operate the Balboa and Cristóbal terminals nullified by Panama’s Supreme Court on Jan 29.
The newly delivered 13,000-TEU CMA CGM Osmium was refueled with 3,643 tons of biomethanol over the weekend as part of an alternative fuel partnership with the world’s largest container port.
The U.S. air freight market faces vulnerability as some Middle East corridors are critical for pharmaceuticals and retail volumes, Chief Airfreight Officer Niall van de Wouw said.
The carrier is pursuing growth in high-value verticals as major customer Amazon pulls shorter-distance shipments into its own network.
The newly released Gartner® Market Guide for FAP Providers highlights the rising use of AI to accelerate the audit process. However, the conversation must evolve.
The carrier said it would rely on the diversification of its activities, network flexibility and financial strength to weather the uncertain outlook this year.
The service disruptions come as freight tracking platform Vizion said Friday there has been an 81% drop in daily bookings placed by shippers looking to import goods into key Persian Gulf ports.