• Fast-growing Scan Global eyes logistics targets in the UK Jun 24,2021

  Fast-growing European freight and logistics specialist Scan Global Logistics (SGL) has its sights on entering the UK market through merger and acquisition (M&A) in the coming months while also eyeing further expansion in the US.The Denmark-headquartered forwarder, owned since 2016 by US-based private equi... [learn more]

• Further Asia-Europe ocean freight rate rises expected Jun 24,2021

  Already sky-high ocean freight spot rates are expected to rise further on Asia-Europe services, as the demand for capacity and equipment continues to outstrip supply and port restrictions and congestion at Yantian and other south China ports add to the capacity crunch.In its latest weekly Ocean Freight Market... [learn more]

• Hapag-Lloyd orders six LNG-fuelled boxships with green loan Jun 24,2021

  Hapag-Lloyd has ordered six new 23,500 teu containerships fuelled by liquefied natural gas and financed with green loans.South Korea’s Daewoo Shipbuilding & Marine Engineering will build the new ships with dual-fuel, high-pressure engines for delivery in 2024.Hapag-Lloyd’s chief financ... [learn more]

• Freight tendering as we know it will be gone by 2025 Jun 24,2021

  It has been a remarkably challenging year in logistics. Not only has the pandemic sent major shockwaves through supply chains, shipping networks and ports, the industry has also had to contend with Brexit and the blocking of one of the world’s busiest shipping routes. Having built supply chains sole... [learn more]

• Liverpool recovering from severe port disruption Jun 22,2021

  The Port of Liverpool is hoping to make significant progress this week towards recovering from a period of severe disruption in the last two weeks that has led to high levels of delays and frustration among cargo customers.Sources close to the port in northwest England report that there have been a several is... [learn more]

• Rates drive new rivals to transpacific trade Jun 22,2021

  The transpacific box shipping market is set to become more crowded as lines not usually associated with the trade prepare to take advantage of sky-high freight rates and strong demand.Privately owned Chinese carrier BAL Container Line is set to launch a regular service between China and Los Angeles, after tri... [learn more]