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Recession looms as tariffs turn trade upside down

Tariffs are driving global markets into recession, succumbing to the inevitable supply and demand imbalance as carrier capacity rises and demand diminishes. Shipping lines are...

ONE surpasses US$4.2 billion annual profit amid expanding container vessel fleet

Ocean Network Express (ONE) has reported exceptional financial results for the fiscal year ending 31 March 2025, marking a period of significant growth across...

CMA CGM expands air cargo fleet with Air Belgium acquisition

French shipping giant CMA CGM has finalized its purchase of Air Belgium, adding four cargo aircraft to its rapidly growing airfreight division. With this acquisition,...

Marinakis’ Capital splashes out over US$1.2B on 18 newbuild container vessels

Evangelos Marinakis’ Capital Maritime has finalised orders for 18 container ships at HD Hyundai shipyards. (adsbygoogle = window.adsbygoogle || ).push({}); HD...

CMA CGM flags first boxship in India, boosting nation’s maritime push

India’s maritime ambitions are gaining new momentum as the country strategically positions itself to become a global shipping and logistics powerhouse. In a landmark development,...

Hapag-Lloyd reports strong Q1 growth amid market uncertainty, warns of softer full-year outlook

Hapag-Lloyd announced increased revenue and earnings in the first quarter, per the preliminary and unaudited report. In particular, the German ocean carrier reported a 17%...

Shipping Stock Breakdown: April Performance Amid Global Trade Tensions

April 2025 unfolded as a month of high tension and shifting dynamics, as container lines faced simultaneous pressures from geopolitical instability and economic policy...

Parcelhero: Power Outage in Spain and Portugal to Severely Impact E-Commerce

A massive power cut across large parts of Spain and Portugal will have had a major impact on European Union (EU) cross-border e-commerce, according...

Kalmar bets on North American Genuine Parts warehouse

Finnish port equipment manufacturer Kalmar will relocate and outsource its Genuine Parts warehouse from Ottawa, Kansas, to Greenwood, Indiana. The move is expected to improve...

PSA’s Potential Exit from CK Hutchison Stake Signals Strategic Pivot Toward Growth and Stability

In light of PSA International’s decision to explore the sale of its 20% stake in CK Hutchison’s ports business, a review of the group’s...

COSCO SHIPPING Ports exceeds 35M TEUs, reports over US$380M in Q1 revenue

COSCO SHIPPING Ports has announced a total throughput of 35.75 million TEUs in the first quarter of 2025, translating to a 7.5% increase over...

The Top 5 Logistics Services in Canada

Whether you want to send a parcel locally, regionally, nationally or internationally, the best carrier ensures your items arrive intact and on time. With...

Latest Posts

Red Sea Eases, but Carriers Wary as Suez Canal Pushes for Return

As the haze begins to lift over the troubled waters of the Red Sea, the Suez Canal Authority (SCA) is carefully balancing reassurance with...

MSC and ZIM downsize joint Far East-US East Coast service network

In response to the recent changes in demand for cargo transport from Asia to the United States, MSC and ZIM have decided to adjust...

US sanctions target Iran-China oil trade, stirring waves across global shipping

As Washington ramps up its campaign to stifle Iranian oil revenues, a new chapter is unfolding in the ongoing tensions between the United States,...

AD Ports Group reports strong Q1 results

AD Ports Group delivered a solid financial performance in the first quarter of 2025, with significant year-on-year growth in revenue, earnings, and profits. Revenue for...

Clarksons: Tariffs could see negative growth for container shipping

Clarksons has warned that container shipping demand could regress if the US-China tariff war continues beyond this quarter. (adsbygoogle =...
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