Heartland Express is to acquire Contract Freighters’ dry van and temperature-controlled truckload business and CFI Logistica’s operations in Mexico, both from TFI International, for $525m. The merger excludes CFI Dedicated and CFI Logistics US brokerage operations, which were retained by TFI. ...

It will be built by China Merchants Jinling Shipyard for delivery in 2024 and can carry around 334 teu, including 60 teu of reefers, about 134 teu more than its current vessels. Part of Cosco, Japan-China services call at Shanghai and at Japan’s ports of Osaka and Kobe, alternating between Osaka...

Moreover, a wage settlement last week at German ports is also expected to relieve the high yard density at Hamburg’s box terminals in the coming weeks. According to new weekly data produced by supply chain intelligence company eeSea for the port of Rotterdam, congestion at the Dutch gateway and n...

The vessels can each carry around 1,100 tonnes of breakbulk cargo, the equivalent of around 100 containers, at speeds of 10 knots. Though the vessels will not be free of conventional propulsion, the majority of energy will be provided by the wind, said to entail a 90% emissions reduction. TOWT has...

Last week, the US government suspended 26 China-bound September flights from Chinese carriers in a tit-for-tat response to the Chinese government’s move to cancel flights by US carriers over Covid cases. The impacted airlines include Xiamen, Air China, China Southern and China Eastern, while the ...

It is arguably one of the strongest indications to date that lower deck cargo space – which, before the pandemic, represented roughly 50% of global cargo capacity – is steadily returning to the market. Lufthansa Cargo markets the belly capacity of more than 6,000 flights a week by Lufthansa and...

Vespucci Maritime’s Lars Jensen was referring to the rapid reversal in price direction on the Asia to US west coast and Asia-North Europe tradelanes, which saw their components in Drewry’s WCI index shed another 6% and 5%, respectively, this week. “This clearly signals a weakness in the marke...

Close on the heels of a Kolkata to Dhaka container-on-barge service for India-Bangladesh cross-border trade, Maersk India has piloted a similar offering on the domestic leg on the Bay of Bengal coast line from Kolkata to Meghalaya – a north-eastern state facing historical supply chain constraints....

The WSC is garnering a reputation as the International Chamber of Shipping’s sharper-toothed cousin, after a Maersk representative quit the ICS, and will make the recommendations at the IMO’s Marine Environmental Protection Committee meeting (MEPC 79) in December. “Liner shipping is investing...

Nevertheless, the initiative could fail unless there is more support from international shippers, warned French shipper body the Association des Utilisateurs de Transport de Fret (AUTF). Sustainable transport lobby group France Supply Chain and the AUTF launched the Association of Low Carbon Mariti...