Intra-Asia carriers see H1 profits surge on higher freight rates, cargo volumes
The upbeat results have led several carriers to invest in new tonnage, with vessels scheduled for delivery in 2027 and 2028.
The upbeat results have led several carriers to invest in new tonnage, with vessels scheduled for delivery in 2027 and 2028.
Fragmentation and systems that don’t “talk to each other” are holding back the effective use of data in the project cargo industry, stakeholders say.
The joint technology aims to eliminate the need for tape measures, scales and handheld devices when gathering dimensions, weight and barcode data to register new SKUs.
CEO Marc Metrick in February acknowledged a backlog and promised outstanding invoices would be addressed beginning in July.
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The all-Scandinavian takeover will combine data sources in a move designed to bring transparency and efficiency to how ocean freight is bought and sold, Xeneta CEO Patrick Berglund says.
Outpost’s technology aims to answer key supply chain security questions and clarify visibility at terminal gates.
Less-than-truckload costs are up 7.3% year over year, according to the latest US data, but changes to the LTL classification system are adding little, if anything, to shipper rates.
Mediterranean Shipping Co. is adding new calls to West Africa on its South Africa service as former alliance partner Maersk pulls out of direct services from the continent.
The change, which applies to all international commercial shipments, aligns the agency with new Universal Postal Union regulations.