Logistics News
- Kuehne + Nagel to Open Adidas Logistic Hub In ItalyTransport and logistics company, Kuehne + Nagel, has partnered with sportswear multinational corporation, Adidas, on a new fulfilment facility in Mantova, Italy.Logistics News May 26, 2022
- Terrorist attack in the Sinai Peninsula, EgyptThe deaths follow a May 7 ambush at a checkpoint in Sinai that killed 11 Egyptian soldiers and was claimed by Islamic State, one of the ........Logistics News May 13, 2022
- Biden Considers Dropping Tariffs to Fight InflationU.S. President Joe Biden said he knew people were suffering from high prices, saying tackling inflation was his domestic priority, according to Reuters and The New York Times. In a speech at the White House on Tuesday (May 10), Biden emphasized that the Federal Reserve is trying to solve the problem.Logistics News May 12, 2022
- US Sanctions Targeting Russia's Maritime SectorUnited States once again announced new sanctions on eight maritime-related companies and 69 ships linked to the Russian government.Logistics News May 11, 2022
- Evergreen overtakes ONE as the world's sixth container lineAccording to the latest statistics from Alphaliner, as of May 7, 2022, Evergreen Shipping has a total capacity of 201 ships and 1,509,654 TEU, surpassing ONE and ranking sixth in the world. At the same time, Evergreen Shipping also has an order capacity of 65 ships and 627,196TEU.Logistics News May 10, 2022
- UAE tanker ( Gulf Petroleum 4 ) explosion​On the morning of May 6, local time, a chemical tanker named GULF PETROLEUM 4 exploded during maintenance and repairs in Tuzla, Turkey, and one of its cylinders leaked carbon dioxide gas. At present, 4-5 people are known to have been poisoned and died due to the gas leak, at least 4 of them were crew members.Logistics News May 09, 2022
- New Regulations for International Maritime Trade from MayNew regulations for international maritime trade from May: China's RCEP agreement with Myanmar officially takes effect, Myanmar's import license for goods will be submitted before arrival in Hong Kong, Egypt has suspended 814 companies' import rights, new regulations in Port Klang......Logistics News May 06, 2022
- US Takes First Step Towards Four-Year China Tariffs ReviewThe USTR announced on May 3 that actions to Initiation of statutory review procedures for relevant actions on the "section 301 tariffs" ....Logistics News May 06, 2022
- [May Alphaliner Capacity Ranking] MSC adds 25 newbuildingsMSC's total capacity increased by 17,711TEU in the most recent month, the most among the top 10 liner companies, while adding 25 newbuildings.Logistics News May 05, 2022
- Global Port Chaos, Maersk Adjusts North American VoyagesGlobal supply chain problems appear set to worsen, as a new wave of coronavirus lockdowns, the Russian-Ukrainian conflict and a number of other factors cause longer port delays and further drive up costs, according to a new report from Royal Bank of Canada on Tuesday.Logistics News May 05, 2022