ID 33733835 © Dedi57 | Dreamstime.com South Korean mainline HMM is said to have commissioned twelve dual-fuel LNG containers and 14,000 TEUs from local shipyards. Although the company has not confirmed it, brokers said the ships, each priced at about $182.5 million, will be built by HD Hyundai, Eight, and Hanwha. To read this article…
The reopening of the Tema-Mpakadan line was marred by a technical malfunction. The reopening of Ghana’s 97.6-kilometre Tema-Mpakadan line on October 1 was marred by a technical glitch that prevented the passenger service from reaching its destination on time, according to local media reports. The first phase of the proposed 1,000 km standard gauge railway…
Beijing urged the United States to rethink its looming port call fee structure, as it announced details of its reciprocal policy toward US ships calling at its ports. New port fees for both the US Trade Representative and China will take effect on Tuesday, October 14, with China’s Ministry of Transportation setting rates in line…
Chinese airline Cosco and its subsidiary Orient Overseas Container Line (OOCL) in Hong Kong said they will not impose surcharges to offset new US port duties on ships built and operated by China, which are scheduled to be implemented on October 14. This decision contrasts with other liner operators who adjust their services in response…
As of now, a recession does not appear imminent, but it is clear that U.S. business momentum is slowing, and economic uncertainty continues to rise heading into the fourth quarter, according to a monthly report from ITS Logistics. The assessment comes as industry professionals prepare for the start of the domestic logistics peak season, further…
NBC NEWS reports: Thousands of U.S.-bound packages shipped by UPS are trapped in hubs across the country, unable to clear the maze of new customs requirements imposed by the Trump administration. As packages flagged for customs issues piled up at UPS warehouses, the company told NBC News it had begun “clearing out” some shipments. Frustrated…
In an interview on the “Lennys” podcast released on October 10, 2025, Jason Drooge, interim CEO of Scale AI, explained his three-part hiring philosophy. Droege said he looks for candidates who are curious problem solvers, humble collaborators and effective leaders. Read also: What motivates employee loyalty in global logistics companies? “I have to interview for…
As of now, a recession does not appear imminent, but it is clear that U.S. business momentum is slowing, and economic uncertainty continues to rise heading into the fourth quarter, according to a monthly report from ITS Logistics. The assessment comes as industry professionals prepare for the start of the domestic logistics peak season, further…
Two executives at a California-based wholesale clothing import company have been sentenced to prison and fined millions of dollars for undervaluing goods by more than $50 million, the first such case following changes to US trade rules under President Trump. A… To read this article you need to subscribe. Help us continue investing in award-winning,…
Chinese customs officials have been sent to major ports to conduct strict checks on semiconductor shipments, according to a report in the Financial Times. The newspaper said on Friday that the inspections initially targeted Nvidia H20 and RTX Pro 6000D chipsets designed to comply with US export controls. Read also: China’s exports to the United…