CALIFORNIA : Flexport, a supply chain startup with an $8 billion valuation, told employees on Wednesday it is laying off 20% of staff as a result of the global downturn
DENMARK : Sea-Intelligence noted in its latest report that when annualised against 2019, volume growth on the North America West Coast (NAWC) stagnated during the first two months
GENEVA : MSC has announced the addition of a new India – West Med shipping service from mid-December, which is expected to open a new trade corridor between
Changes to the organisation and the executive leadership of A.P. Moller – Maersk COPENHAGEN : A.P. Moller – Maersk (Maersk) has announced a new organisational structure and a new
MUMBAI : The largest container alliance in the world 2M Alliance, comprising Maersk and MSC, decided to make changes to its Transatlantic network. The alterations in 2M’s North
FRANCE : Sales and purchases of container ships halved to 950,300 TEUs in 2022 as freight levels began normalising, according to Alphaliner‘s latest report released on 11 January.
HAMBURG : Container xChange released the Container LogTech predictions report for 2023 which highlights important global trends that the shipping and supply chain industry will witness in 2023.
GENEVA : MSC’s port operating arm, Terminal Investment Limited (TIL) has completed the acquisition of Terminal Darsena Toscana (TDT) in the Port of Livorno. In particular, TIL’s subsidiary
HAIFA : 40Seas, an innovative fintech platform for cross-border trade financing, was funded with US$111 million from the Israeli companies ZIM and Team8. In particular, the company’s US$11
TOKYO : Mitsui O.S.K. Lines, Ltd, announced that it has decided on a new series name and a new hull color design for its car carriers, which are