Category: Uncategorized

WiseTech says to cut nearly 30% of workforce as it preps for AI era The widely used freight forwarding software vendor said artificial intelligence is enabling it to reduce staff in roles that include programming, product development and customer service. Go to journal of commerce

India-Europe spot rates climb on seasonal booking demand, tighter capacity Forwarders say reefer-centric Indian grape exports combined with sporadic vessel schedule disruptions have enabled carriers to adjust rates upward on the trade lane. Go to journal of commerce

Jeremy Nixon to step down as ONE CEO after eight years at the helm Nixon, one of the most recognized executives in container shipping, led the transformation of legacy Japanese carriers K Line, MOL and NYK into a unified global company based in Singapore. Go to journal of commerce

IEEPA tariff decision prompts flood of correction tools for refunds, customs entries A number of forwarders and software vendors are providing products, often for free, to help shippers and customs brokers calculate refunds they may have coming following Friday’s Supreme Court ruling. Go to journal of commerce

Zim acquisition sets up network changes for Gemini: Sea-Intelligence Hapag-Lloyd said it wants to integrate Zim into the alliance with Maersk, but adding new ports and overlapping coverage means changes to services. Go to journal of commerce

Maersk, MSC units begin interim management of Panama Canal terminals APMT and TiL will operate the Balboa and Cristobal terminals, respectively, for 18 months while Panama’s government considers how best to award long-term contracts after nullifying the 28-year concession held by CK Hutchison. Go to journal of commerce

No clear path to get IMO’s net-zero framework over the line: industry experts Whatever measure is ultimately agreed to by member states, decarbonization experts agree the IMO’s revised emissions reduction targets set in 2023 will need to be pushed back. Go to journal of commerce

Hapag-Lloyd inks new sustainable biofuel deal with DSV The forwarder has contracted a total of 18,000 tonnes of CO₂ equivalent emission reductions on a well-to-wake basis that will be derived through the carrier’s Ship Green product. Go to journal of commerce

Hapag-Lloyd’s deal for Zim won’t fix challenges facing container shipping The $4.2 billion acquisition announced last week does nothing to alter the market’s weak fundamentals, notably soft demand and vessel oversupply, writes analyst John McCauley. Go to journal of commerce

Asia to dominate global wind cargo market through end of the decade A record number of wind farm installations in 2025 has set the tone for accelerated year-over-year demand growth for wind components, according to the Global Wind Energy Council. Go to journal of commerce

Hapag-Lloyd set to grow its intra-Asia network through Zim’s Gold Star Line Gold Star has a network of 20 China-centric liner services operated by 40 owned and chartered ships totaling 100,000 TEUs serving Asia, India and South Africa. Go to journal of commerce

Trump administration seeks to undo court rulings favoring offshore wind projects In the wake of several successful appeals that crimped Donald Trump’s executive order banning new projects, wind developers are racing against the clock to complete work as quickly as possible. Go to journal of commerce

US Supreme Court rules against Trump in critical IEEPA tariff case The 6-3 decision by the nation’s highest court to declare as illegal the global tariffs implemented by the US since last April’s so-called “Liberation Day” is likely to throw the Trump administration’s tariff policy into disarray. Go to journal of commerce

Ocean carrier on-time arrivals tumbled in January: Xeneta While Gemini Cooperation continues to top the industry’s schedule reliability, even its resilient network was not immune to deteriorating operational factors last month, notably severe weather in the North Atlantic. Go to journal of commerce

Trans-Pacific carriers, importers slow-walking service contract negotiations Retailers are holding back on signing their 2026-27 service contracts because they anticipate spot rates may sink further in the next few weeks, while carriers hold out hope market fundamentals will emerge to reverse the softening trend. Go to journal of commerce

CargoSprint acquires key appointment scheduling tool for LA-LB dray carriers Dray Dog is predominantly used by large drayage carriers serving the Southern California ports and handles a significant portion of appointments made at the 11 Los Angeles and Long Beach marine terminals. Go to journal of commerce

Truckload shippers look to minimize growing regulatory risks Asset-based carriers offer a layer of security for shippers concerned with the English language proficiency of drivers and non-domiciled CDL regulatory compliance, but it doesn’t eliminate the risk fully. Go to journal of commerce

Trucking executives buoyed by market signals as winter exit nears If trucking rates remain elevated into the spring, carriers will likely move to push prices higher on new and existing contracts in the second half of the year. Go to journal of commerce

Southern California imports ‘return to trend’ after lengthy period of turbulence The monthly year-on-year decline in import TEUs landing in Los Angeles and Long Beach over the past half-year isn’t a cargo swoon, but rather a return to normalcy, according to Larry Gross. Go to journal of commerce

Maersk to upsize India-USEC capacity to tap post-trade deal cargo growth   The carrier has finalized plans to inject significant incremental westbound capacity into the market on its “MECL” service, multiple industry sources told the Journal of Commerce. Go to journal of commerce

Greater capacity control needs hinder ocean reliability efforts The success of container lines in keeping vessel utilization high by removing functional capacity weakens the network and ups volatility in ocean reliability. Go to journal of commerce

CMA CGM inks order for six dual-fuel LNG ships with India yard CEO Rodolphe Saadé said the deal deepened a strategic partnership between the carrier and India that has existed for almost 40 years, adding the liner would also expand its engagement in container manufacturing and ship recycling. Go to journal of commerce

Surging China auto exports to counter carrier overcapacity fears: Wilhelmsen CEO China export forecasts could top 8 million vehicles this year, providing a steady flow of cargo for the expected 8% increase in the global ro/ro fleet. Go to journal of commerce

Growing energy cargo demand brings higher compliance burden As volumes of new energy generation and storage technologies increase, shippers expect more documentation, transparency and greater control over risk, according to project forwarders and carriers. Go to journal of commerce