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Rates to the US East Coast and Europe are down by as much as $500 per FEU in recent weeks as ocean carriers look to lift volumes that softened in April.

The 14-day lead time now in place at Asian hubs would become a “global standard” for vessels seeking bunker fuel should the key waterway remain closed for another month, says S&P Global’s Fotios Katsoulas.

Facility openings in Miami, Phoenix and other cities aim to increase reliability and efficiency for the Postal Service as it navigates a network overhaul.

The consumer goods manufacturer aims to blunt the impact by reformulating products and diversifying its supply base.

But the window to lock in those savings over long-haul trucking will shrink because railroads eventually will increase their spot and contract pricing, too.

The Midwest outperformed other US regions in the latest U.S. Bank Freight Index, with freight volumes up 9.5% year over year and shipper spending jumping 26.7%.

The acquisition of German logistics software company Logward continues a trend of visibility vendors extending beyond data provision to areas like transportation management, booking and allocation.

The company best known for its vacuums has sped up forecast modeling from multiple weeks to a few days through a collaboration with o9 Solutions.

Cosco’s transaction is a charter deal with New York-listed, Greece-based Costamare Inc. for 16 container ships — a dozen 9,300-TEU vessels and four 3,100-TEU ships.

The Georgia Ports Authority will fund and initiate its own study for dredging and widening its ship channel and harbor as the US Army Corps of Engineers may lack the funds in 2027.