Sea-Intelligence, a Danish maritime data analysis company, reported that the global liner on-time rate appears to have broken the downward trend since the beginning of the year, with the on-time rate increasing by 3.6 percentage points to 40% in June.
Maersk announced on August 5 that it has reached an agreement to acquire Martin Bencher Group, a project logistics company based in Denmark, and will launch a new service offering, Maersk Project Logistics.
Ten Australian ports face a disruption shutdown on Friday as maritime workers at tugboat company Svitzer go on strike over the Danish company's attempt to terminate its corporate agreement.
More than 1,900 workers at the Port of Felixstowe, UK's largest container port, are planning an eight-day strike later this month due to wage discontent.
The implementation of Walmart Fulfillment Services (WFS) is an absolute rule changer that brings Walmart closer to matching Amazon's ability to serve customers with fast and reliable shipping. WFS also opens up Walmart's marketplace to new sellers who otherwise would not be able to ship to customers at scale.
Amazon (NASDAQ: AMZN) reported its financial results for the second quarter ended June 30, 2022. The earnings data showed that Amazon's net sales increased 7% to $121.2 billion in the second quarter, beating Wall Street's estimate of $119 billion.
ÐßÐßÊÓƵ Supply Chain has compiled a list of the more common ocean freight surcharges that are currently in effect, in the hope that it will help you better understand ocean freight surcharges.
