News
November 20, 2018
The IMO’s 0.5% sulphur cap, to be imposed in January 2020, could be a “blessing in disguise” for shipping lines, should the regulatory fallout finally end the industry’s elusive search for supply and demand balance.
November 20, 2018
The National Retail Federation projects sales between $717.5 billion to $720.9 billion this holiday season, representing a 4.3% to 4.8% increase over last year's sales of $687.9 billion, which were a 5.3% increase over 2016.
November 19, 2018
While most economists agree that trade wars are ineffective and harmful, some players in the logistics industry are seeing opportunities – mostly in air freight, which typically benefits from chaos and change.
November 18, 2018
The European Union is hammering out the first bloc-wide rules to prevent foreign investments from threatening national security, as Chinese acquisitions foster political unease.
November 16, 2018
Tariffs are hurting back haul revenue out of the U.S., said COO Søren Toft, but with tariffs on $200 billion in imports from China set to increase from 10% to 25% on in January, carriers are bracing for volume dips.
November 15, 2018
The draft treaty on the Brexit transition would keep the UK within the EU customs union until January 2021, and potentially longer; provide arrangements for UK and EU citizens to travel freely between Britain and the continent; bring an end to UK financial institutions' easy access to EU markets; and end the European Court of Justice's jurisdiction in the UK.
November 15, 2018
In a joint announcement, A.P. Moller Maersk, CMA CGM, Hapag-Lloyd, MSC and Ocean Network Express (ONE) confirmed previously forecasted plans to form a global association of ocean shipping lines.
November 14, 2018
China’s stock-market slump and the fallout from a trade dispute with the U.S. are doing nothing to divert the country from plans to open up to foreign investors, according to MSCI Inc.
November 14, 2018
German Economy Minister Peter Altmaier pledged to shield his country’s auto industry from a trade war with the U.S. amid signs that President Donald Trump will hold off for now on car tariffs.
November 13, 2018
After months of stalled talks, false starts and setbacks, negotiators from Britain and the European Union struck a proposed divorce deal Tuesday to provide for the U.K.’s smooth exit from the bloc.