BLOOMBERG reports:
China International Marine Containers Group Co. and Midea Group Co. are among suitors entering into the next round of bidding for A.P. Moller-Maersk A/S’s refrigerated container business, which could be valued at as much as $1 billion, people …

China’s latest Covid restrictions have sparked a chain reaction, hampering trucking at container terminals across the Pearl River Delta (PRD).
Amid already severe congestion at Yantian, now “worse than Suez” and spreading to nearby Shekou and Nansha, new testing rules …

Cargo Network Services, IATA’s US cargo arm, has severed all ties with payment platform PayCargo – previously a very close partner –  due to a “lack of business compatibility principles”.
In a note to customers yesterday, seen by The Loadstar, …

The availability of containers at southern Chinese ports continues to deteriorate as carriers omit calls due to a wave of Covid outbreaks in Guangzhou province.
According to the latest data from Container xChange, the ports of Yantian, Shekou and Nansha …

The International Maritime Organization (IMO) environmental meeting began today with a row between Japan and its neighbours over the dumping of contaminated water into the ocean.
China, supported by both North and South Korea, made an official complaint at the …

(13.00 BST Correction: new calculations made for XPO Logistics, its parts and implied pro-forma value estimates)
The first reaction when UPS and XPO Logistics released their guidance updates and other corporate matters on Wednesday – respectively here and here – …

After a year and a half’s break, Marc Meier is once more a head trainer in logistics.
As of June 1, the former CEO of the Hamburg-based sea freight forwarder Fr. Meyer’s Sohn (FMS) and long-time Kuehne + Nagel manager …