Busan authorities will work on the so-called Battery Safe Transport Smart Container and its system technology development with South Korea’s largest container manufacturer, Vesta, pallet rental company Korea Pallet Pool and Busan Techno Park. The parties propose a design featuring fire insulation ...

And meanwhile, EU exporters benefit from the UK’s lack of controls. Some 6.5% of British businesses closed between 2020 and 2021, only the second decline in 20 years and substantively higher than 2017/18’s 0.5% dip, and while the pandemic had its own impact, many SMEs blame the handling of the E...

In an open letter, International Longshore and Warehouse Union (ILWU) president Willie Adams praised his 22,000 members as frontline workers that kept US commerce working throughout the pandemic. Mr Adams said that union members had experienced the same fears and “devastating losses” as the rest...

The new information demands by the Federal Maritime Commission’s (FMC) Bureau of Trade Analysis (BTA) will allow regulators greater insight into carrier behaviour. Meanwhile, Wan Hai is to settle claims concerning disputed D&D charges for 21 containers, making it the second carrier to set...

The pure-play contract logistics operator, formerly part of the XPO Logistics group which was spun-off last year, had an all-in offer of close to £1 billion accepted by the e-fulfilment company’s shareholders last month. GXO expects to complete the deal, which is subject to regulatory approval, b...

However, shipment volumes out of the world’s biggest port have stabilised, and more manufacturing is set to get the go-ahead to resume production. According to data and analytics company Russell Group, the “severe” cargo delays at Shanghai sent “shockwaves” through global supply chains, an...

With the current contract set to expire on 30 June, the International Longshore and Warehouse Union (ILWU), which represents nearly 14,000 port workers in California, Oregon and Washington State, and the Pacific Maritime Association (PMA) on behalf of shipping lines and terminal operators at 29 west...

The company’s ‘Buy with Prime’ offering allows merchants not selling on the Amazon platform to use Prime free next-day deliveries and returns. “Prime members will the see Prime logo and delivery promise on eligible products in merchants’ online stores, which signals the item is available f...

Cayman Islands-incorporated De Well Holdings is part of the group founded by former Cosco employees Yang Shi and his wife, Cheng Fang, with De Well International Freight Forwarding (Shanghai) in 1992. The De Well Holdings prospectus, filed last week, gave no timeframe for the listing, which aims to ...

It brings into sharp focus the unprecedentedly poor service performance of the lines at a time when the cost of freight is at historic highs. Jon Woods, director at UK forwarder XXXL in Felixstowe, booked a 20ft and a 40ft container of clothing and footwear with Maersk from Singapore to Southampton....