ONE and Hapag-Lloyd Near Major Newbuilding Deals as Global Container Ship Orders Approach 10 Million TEU
According to Alphaliner, with global container ship orders nearing a record-breaking 10 million TEUs, Ocean Network Express (ONE)
A Wave of Layoffs Hits the Freight Industry in California and Texas, Affecting Over 1,048 Workers
Over the past week, Amazon, FedEx, UPS, and F&S Produce West LLC have announced layoffs affecting more than 1,048 people in Ca
Container Shipping Industry Reports $9.9 Billion Profit in Q1 2025 Amid Red Sea Disruption
In the first quarter of 2025, the container shipping industry recorded a net profit of $9.9 billion, marking a significant decline
PIL, HMM, and X-Press Feeders Launch New Intra-Asia NCI Service
Pacific International Lines (PIL), HMM, and X-Press Feeders will jointly launch the new NCI (North China–Indonesia) service in Jun
MSC Container Ship Sinks Off India s Coast, Raising Major Environmental Concerns
The MSC ELSA 3, a 184-meter Liberia-flagged container ship, sank 38 nautical miles southwest of Kochi, India, triggering a signifi
Maersk and Hapag-Lloyd Launch New Transpacific Services Amid 90-Day Tariff Pause
Maersk and Hapag-Lloyd have announced new East Asia–US West Coast services under the Gemini Cooperation, adding capacity during th
