UPS Shuts Down Facilities and Accelerates Layoffs Amid Network Restructuring and Automation Push
As layoffs spread, logistics giant UPS shuts down related operations in three states.UPS is closing operational facilities in Dall
Global Container Shipping Market Faces Mounting Pressures Amid Trade Disruptions and Rate Declines
Drewry Data Reveals Deep Challenges in Container Shipping MarketThe global container shipping market is currently mired in multipl
Iraq Navy Seizes Liberian-Flagged Oil Tanker in Crackdown on Maritime Fuel Smuggling
According to Reuters, the Iraqi Navy announced last week that it had detained a Liberian-flagged oil tanker within its territorial
Maersk Announces New Surcharges Effective August 11, 2025 for Asia to Mediterranean/Northern Europe
Peak Season Surcharge (PSS) Revision – Asia Far East to Mediterranean Maersk will revise the Peak Season Surcharge for shipments f
Successful Maritime Rescue Operation Saves 20 Crew Members from Burning Vietnamese Oil Tanker
The Vietnam Maritime Administration reported a successful offshore search and rescue operation, providing timely aid to 20 crew me
Increased Volatility in Major East-West Shipping Routes Leading to Port Congestion
Sea-Intelligence's latest analysis reveals that, over the past five years, capacity on major East-West shipping routes has become
