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COSCO SHIPPING LAUNCHES 700 TEU ELECTRIC BOXSHIP
COSCO SHIPPING LAUNCHES 700 TEU ELECTRIC BOXSHIP

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COSCO SHIPPING Development successfully launched a 700 TEU electric container vessel (N997) on 26 July at No.1 Shipyard of COSCO SHIPPING Heavy Industry in Yangzhou, China.

CANADIAN LABOUR MINISTER SENDS IN MEDIATOR WITH PLAN TO END PORT STRIKE
CANADIAN LABOUR MINISTER SENDS IN MEDIATOR WITH PLAN TO END PORT STRIKE

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The port strike in British Columbia, which has shuttered two of Canada’s top three maritime gateways, could be hurtling toward a rapid solution.

ASIANA LINES WANT A SLICE OF BIGGGER RIVALS’ TRANSATLANTIC REEFER TRADE
ASIANA LINES WANT A SLICE OF BIGGGER RIVALS’ TRANSATLANTIC REEFER TRADE

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ONE, Cosco and OOCL are challenging their larger European competitors’ dominance in the South America-Europe reefer tradeby launching the joint Latin East-Coast Europe Express (LUX) service.

CMA CGM implements new overweight surcharge from Asia to Africa
CMA CGM implements new overweight surcharge from Asia to Africa

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CMA CGM has announced a new overweight surcharge (OWS) from Asia to Africa, effective in the next month.

Warning to forwarders: a perfect storm on the horizon for US supply chains
Warning to forwarders: a perfect storm on the horizon for US supply chains

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The US supply chain faces several challenges, including decreasing product demand, the war in Ukraine and rising inflation. However, a potential UPS strike – along with a chance that Yellow Freight goes insolvent – could create a perfect storm, with disastrous economic consequences.

Shifting trade patterns see Mexico become biggest exporter to US
Shifting trade patterns see Mexico become biggest exporter to US

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There was a marked shift in supply chains in Q2 – with profound ramifications for logistics infrastructure and manpower – as Mexico overtook China as the top exporter to the US.


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