Evergreen and Yang Ming are not following the contractual stance of rival operators, including Maersk and Cosco which are locking-in customers to multi-year contracts
The two Taiwanese carriers believe they should not bind their customers.
Yang Ming president Patrick Tu …
Securing space on containerships is viewed as the biggest challenge for the logistics sector going into 2022, according to an industry survey.
A poll of 800 logistics companies by online equipment trading platform Container xChange reveals that for 53% of …
Washington is moving to ramp up security against cybercrime in the US transport arena.
The US Department of Homeland Security’s latest initiatives are pushing railroads to beef up their security, following a similar drive targeting airports and airlines.
From the …
French container shipping group CMA CGM has bolstered the contract logistics operations of 3PL subsidiary Ceva Logistics with the $3bn acquisition of a swathe of Ingram Micro’s Commerce & Lifecycle Services (CLS) activities.
The acquisition, from private equity firm Platinum …
A new partial lockdown in Ningbo has highlighted the threat to container supply chains from China’s strict zero-Covid policy.
Positive cases in Ningbo’s Zhenhai district prompted “closed loop” management to be imposed on Monday, according to local media.
The city …
“Acquiring US-based Ingram Micro CLS will accelerate our supply chain capabilities in contract logistics and eCommerce expertise. [It is a] Key catalyst for our subsidiary Ceva Logistics’ development in high-growth eCommerce segment, especially in US, European markets. Ceva Logistics [is …
PRESS RELEASE We are excited to launch the EU BMR compliant Xeneta Shipping Index by Compass (XSI® – C), together with Compass Financial Technologies. The BMR compliant XSI® – C is ready for index-based contracting and derivatives and is the …
