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Portcast raises US$3.2 million to increase logistics profitability through AI technology

The logistics tech start-up Portcast has raised US$3.2 million Pre-Series A financing to make transports profitable with Artificial Intelligence (AI) - driven visibility. The Singapore-based...

Rapid cargo delivery is key to dynamic developing market

Key developments within the container shipping industry will see shipping lines transporting far more LCL (less than container load) cargoes and the development of...
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Hapag-Lloyd applies GRI on Pakistan–Middle East trade lanes

Hapag-Lloyd has announced a General Rate Increase (GRI) from Pakistan to the Arabian Gulf, Saudi Arabia (Eastern and Western Provinces), Jordan and Yemen, and...

Wan Hai Lines debuts new Vietnam–Thailand–India direct route

Wan Hai Lines has announced a new direct service, the Tamil Nadu–Thailand Express (TTX) service, with the first vessel arriving at India's Chennai and...

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...
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