
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 Asi

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 dir

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

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 invol

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 s

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




