Freight Rates Plummet to $1 on East Asia Backhaul Routes Amid 20% Volume Drop
Despite a 20% decline in shipping volumes, freight forwarders are offering rates as low as $1 for backhaul routes from East Asia.O
Evergreen Marine Launches New VTS Route, Offering Fastest Direct Shipping from South China to Key Southeast Asian Ports
On April 16, Taiwan-based Evergreen Marine officially launched its new VTS shipping route, which will be one of the fastest direct
NY-NJ Port Authority, APM Terminals Seal 33-Year Lease Renewal with $500M Green Investment to Triple Cargo Capacity
The Port Authority of New York and New Jersey has reached a 33-year lease renewal agreement with APM Terminals, a subsidiary of Ma
India Approves $525 Million Access Road Project at JNPA Port to Ease Congestion, Boost Regional Growth
The Jawaharlal Nehru Port Authority (JNPA) in India has secured approval to develop a new access road system. The project involves
MSC Perfectly Mimics Maersk s Old Playbook as Shipping Giants Battle for Dominance
Linerlytica analyst Tan Hua Joo believes Mediterranean Shipping Company (MSC) is flawlessly replicating rival Maersk’s former stra
USPS Nationwide Strike! 10,000 Job Cuts, Over 6,000 Post Offices Shut Down, Cross-Border Logistics Severely Impacted
According to the Associated Press, US Postmaster General Louis DeJoy recently sent a letter to Congress outlining plans to cut 10,
