ocean freight
‘Keep Trade Flowing’ Amid Pandemic, UN Chief Urges Governments
As the world battles the coronavirus pandemic, maritime transport plays a critical role in the response…
Ocean Freight Rates Caught in Coronavirus Slump
The WCI decreased 3.5 percent for the week ended March 5 and reached $1,485.59 per 40-foot container or…
What It Will Take to Modernize the Maritime Sector
With 90 percent of world trade transported by ocean carriers and flowing through ports, they hold the key to…
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One Freight Forwarder Took 19 Days to Provide a Quote. That Won’t Cut it Anymore.
Key results from a Freightos study of freight forwarders this year showed a movement toward more multi-modal…
Ocean Carriers Set to Switch to New Eco-Friendly Fuels in 2020
The activity is part of a movement to lower or eliminate carbon fuels from ocean shipping by re-engineering…
Multi-Industry Coalition Aims to Change the Fuel of Ocean Shipping
LEO, a blend of lignin and ethanol, is seen as a future solution for sustainable ocean shipping, the new…
H&M On Board Maersk Carbon-Neutral Ocean Transportation Pilot Project
Maersk is launching a biofuel product with select customers that are committed to sustainable solutions for…
DHL Express Goes Full Speed Into Greener Logistics
DHL Express plans to have 70 percent of its first and last mile package delivery performed in green vehicles…
Ocean Freight Rates Wobble as Geopolitical Conflicts Impact Trade Routes
The World Container Index was down 1.5 percent to $1,290.80 per FEU for the week ended May 30, but is seen…
Ocean Carriers Launch Major Digital Initiatives to Modernize Supply Chains
The ocean freight sector is taking steps to digitize its operations, with major carriers Maersk and CMA CGM…
Index-Linked Contracts Could Curb Price Volatility in Ocean Freight Rates, Report Says
Shippers are increasingly frustrated with the current process of setting ocean freight rates, as evidenced by…