Our Blog

AFTER U.S. ATTACK ON IRAN, SHIPPING CONTINUES TO USE STRAIT OF HORMUZ  While shipping watches closely for Iran to make a decision on a full-scale closure of the Strait of Hormuz, shipping  associations and government advisory agencies are urging caution for ships passing through areas within reach of Iran’s  military capabilities – including the Red …

MSC DEPLOYS FIRST 24,000 TEU BOXSHIPS TO WEST AFRICA  MSC Mediterranean Shipping Company has become the first shipping company to deploy its mega ships to the African  continent. The company made history in late April and early May when the service was inaugurated with two of the  recently built 24,000 TEU class containerships arriving in …

US MOVES TO STOP CHINA PARCEL SHIPMENTS BEARING COUNTERFEIT POSTAL LABELS  U.S. law enforcement authorities have obtained a temporary restraining order barring two logistics companies, one in  New York City and the other in Los Angeles, and their owner from using the U.S. Postal Service to ship packages  containing counterfeit postage. Federal prosecutors last week …

STATE OF FREIGHT TAKEAWAYS: FREIGHT CRASH MAY TURN INTO SUDDEN REVIVAL  Four weeks after the April State of Freight webinar, when a raging trade war looked to wreak havoc on freight markets,  the May edition of the monthly series confronted conditions that were getting at least a temporary reprieve because of the 90-day truce agreed …

SUEZ CANAL TRIES TO WOO BACK SHIPS ANNOUNCING DISCOUNT FOR LARGE BOXSHIPS  The Suez Canal Authority is offering incentives and discounts of 15 percent of the transit fees for containerships with a  net tonnage of 130,000 tons and above. The offer begins on Thursday, May 15, and ships can take advantage of it  transiting either …

DHL CUTS TIES WITH CARGO AIRLINES AS EFFICIENCY INITIATIVE RAMPS UP  DHL’s recent cancellation of transport partnerships with third-party airlines supporting its courier and freight forwarding  networks is part of a new cost improvement campaign that helped the Express division achieve first-quarter operating  profit despite lower shipment volume and rising trade volatility. DHL Express’ operating …