COSCO buys OOCL for $6.3B

With OOCL's assets, the Chinese shipping line would become the third-largest global ocean carrier, overtaking CMA CGM.

By Edwin Lopez • July 9, 2017

BIMCO addresses cybersecurity issues with new guidelines

After the sweeping NotPetya attack, the maritime council is challenging companies to adhere to new cybersecurity guidelines to reduce risk.

By Jennifer McKevitt • July 7, 2017

Train length increases in effort to keep costs down, efficiency up

The rail industry — still recovering from a recession — seems to have taken a tip from ocean carriers in relying on larger trains for efficiency, but will this also lead to a decline in customer service?

By Edwin Lopez , Jennifer McKevitt • July 7, 2017

Japanese lines celebrate after EU approves joint venture

Despite a deferred decision from the U.S. and rejection from South Africa, K Line, NYK and MOL said they had received all approvals necessary to begin the joint venture.

By Edwin Lopez • July 5, 2017

Industry Pulse: Strong growth set to raise truckload prices in 2017

A rising tide lifts all boats. Or in this case, a strong economy is beginning to translate into higher truckload prices, according to data from Cass Information Systems.

By Edwin Lopez • July 5, 2017

Maersk's Nyetya recovery highlights impact of global cyberattacks

The global malware attack hit companies across sectors, hindering logistics companies just as much as chocolate factories. More than a week after Nyetya, organizations are still working to recover. 

By Naomi Eide • July 5, 2017

Spain's port strikes end as parties reach new deal

A few details must still be resolved, but the dockworkers have called off all planned strikes as employers guaranteed 100% retention despite a 10% salary drop.

By Edwin Lopez • June 30, 2017

ONE explores appeal, trade lane exit after South Africa's rejection

The merging Japanese lines are exploring all options to secure their deal's success, showing how important consolidation is to the industry.

By Edwin Lopez , Jennifer McKevitt • June 29, 2017

Analyst tells ports to find more ways to offset costs of big ships

Many large container vessels recently joined the global shipping fleet, but because they're expensive, ports need to invest in other projects to offset costs.

By Jennifer McKevitt • June 29, 2017

Report: Global food supply chains depend on 14 freight bottlenecks

Ports on the U.S. Gulf Coast and the nation's rail and waterway networks were cited as vulnerable to disruption, alongside global "choke points."

By Jennifer McKevitt • June 28, 2017

Spain's port strikes begin to see light at the end of the tunnel

Dockworkers are expected to meet with ANESCO, the employers' association, this week to set off a new round of negotiations and potentially call off future strikes.

By Edwin Lopez • June 27, 2017

Maersk unveils cold chain visibility tool, targets pharma transport market

A growing consumer demand for cold chain products and shippers' need for supply chain visibility suggests the tool will have a ROI.

By Edwin Lopez , Jennifer McKevitt • June 27, 2017

Industry Pulse: Rail industry still toeing the line of an economic rebound

The rail industry, after enduring a severe trough, appears to be on a fickle path to recovery, as increased competition from other modes of transportation and new technologies may threaten recent gains in intermodal shipments.

By Edwin Lopez • June 26, 2017

Survey: Increase in shipping confidence suggests industry is on the upswing

As the shipping industry consolidates, prices rise and so does confidence in industry.

By Jennifer McKevitt • June 23, 2017

Antitrust concerns doom Japanese lines' merger in South Africa

It's the second large blow for the proposed Ocean Network Express, which is becoming a punching bag for regulators dissatisfied with the shipping industry.

By Edwin Lopez , Jennifer McKevitt • June 23, 2017

OOCL plays down COSCO takeover bid as rumors

The shipping line again denied any participation in M&A talks amid recent reports that a $4 billion deal will close soon.

By Edwin Lopez • June 22, 2017

COSCO in talks to acquire OOCL

The purchase would increase COSCO's market share to 11.6%, making it the third largest carrier ahead of CMA CGM.

By Jennifer McKevitt , Kate Patrick Macri • June 21, 2017

Drivers' strike in California raises questions of modern slavery

The Port of Los Angeles is seeing its fifteenth driver strike in four years as workers protest their status as contractors and forced debt.

By Edwin Lopez , Jennifer McKevitt • June 21, 2017

New Lake Michigan shipping route will connect Michigan to Wisconsin

The new maritime route is expected to eliminate at least a million trucks from the Borman Expressway each year.

By Jennifer McKevitt , Kate Patrick Macri • June 20, 2017

Europe to suffer continent-wide port strike in support of Spanish dockworkers

The International Dockworkers' Council called for all European workers to strike for two hours on June 29, after Spain's port employers refused to accept a new deal Friday.

By Edwin Lopez • June 19, 2017

Industry Pulse: Ocean rates dip as demand and supply rebalance

The shipping industry has seen various shocks over the last year, but recent trends suggest the worst is over and carriers will return to profitability.

By Edwin Lopez • June 19, 2017

Update: Ports of Los Angeles, Long Beach truck drivers strike

Truckers and Teamsters cited fear of displacement following the ports' zero emissions announcement, though the ports say operations will not be disrupted.

By Edwin Lopez , Kate Patrick Macri • June 19, 2017

'Dirty bomb' threat shuts down Port of Charleston terminal

A seven-hour bomb-threat investigation demonstrates that security threats can disrupt logistics. Close communication between security personnel and supply chain managers is essential.

By Kate Patrick Macri • June 15, 2017

Spain port employers to consider labor deal Friday

Meanwhile, a 100% strike turnout from Spanish dockworkers leaves the nation's ports at a standstill for a second day in a row.

By Edwin Lopez • June 15, 2017

CMA CGM picks up Mercosul from Maersk

Maersk Line had pledged to divest the Brazilian carrier as part of its acquisition of Hamburg Sud.

By Jennifer McKevitt • June 13, 2017