More From Glenn Taylor
Freightos Cuts 15% of Jobs in Bid to Break Even
Layoffs are expected to save $4.5 million annually as the freight tech firm aims to reach adjusted…
Cosco Ships Cross Hormuz as Retailers Brace for Cost Fallout
The transits through the conduit are the first for a major ocean carrier since the start of the Iran war…
Hormuz Crisis Hits Hapag-Lloyd With Up to $50M in Added Weekly Costs
As fuel cost pressures intensify for Hapag-Lloyd and its ships remain stranded in the Persian Gulf, Cosco…
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UPS Pulls Driver Buyout Program in 13 States After Teamsters Pushback
Union pressure forces a partial retreat, but UPS maintains the buyouts comply with the parties' national and…
USPS Moves to Add First-Ever Fuel Surcharge to Offset Oil Spikes
The proposed 8 percent price increase for parcel delivery comes as the courier warns of a cash shortfall and…
Iran War’s Capacity Constraints Disrupt Majority of Air Freight Forwarders
While major Middle Eastern airlines are seeing recovery from the war's initial disruption, Qatar Airways has…
Cosco Reopens Middle East Bookings Amid Hormuz Volatility
The Chinese carrier becomes the first major line to reopen bookings to select Gulf states as security risks…
Iran’s $2 Million ‘Pay-to-Pass’ Fees Reportedly Emerge in Strait of Hormuz
On Tuesday, the Iranian Navy turned back a container ship from passing through the corridor due to "failure…
Air Cargo Rates Jump 10% as Iran War Strains Capacity, Fuel Costs
Jet fuel prices have nearly doubled from pre-war totals, prompting United Airlines to trim roughly 5 percent…
Hormuz Disruptions Lift India-Bound Freight Rates
According to Xeneta, average spot rates for goods shipped from China to India's Nhava Sheva Port have…
Freight Recovery Gains Steam as Heavy-Duty Truck Orders Surge
Class 8 orders have hit the highest level since September 2022, though diesel price spikes tied to the Strait…
Three Ships Hit Near Strait of Hormuz as Iran War Disrupts Global Apparel Logistics
Attacks on vessels including the ONE Majesty add pressure to already strained supply chains as south Asian…
China’s Exports Surge to Start 2026, but Mask Slowing Economy
Outbound shipments soared 21.8 percent to $656.6 billion despite an 11 percent drop in U.S.-bound cargo as…
CK Hutchison Seeks $2B in Arbitration Over Panama Canal Port Seizure
The Hong Kong-based operator challenges Panama's takeover of the Balboa and Cristóbal terminals as China…
Container Freight Rate Slide Hits CMA CGM, ZIM Earnings
Global container shipping capacity continues to outpace demand, pushing spot rates lower and clouding…