November 25, 2025

press release November 25, 2025 Joint statement from AP Moller-Maersk and the Suez Canal Authority on extending the strategic partnership AP Moller-Maersk (Maersk) and the Suez Canal Authority (SCA) today announced the extension of our strategic partnership agreement. Building on a long history of successful cooperation, this renewed framework will further strengthen our cooperation. Maersk,…

The National Association for Business Economics’ year-end outlook survey suggests that U.S. economic growth will pick up slightly next year, although employment gains will remain slow and the Federal Reserve will slow further interest rate cuts. The survey of 42 professional forecasters, conducted Nov. 3-11, found that the median forecast was for 2% growth, up…

The first locomotive in Latin America to run on green hydrogen, says the operator Chile’s Antofagasta Railway Company (FCAB) has completed what it says is the first operational deployment in Latin America of a green hydrogen-powered locomotive. The inaugural run took place on 20 November, with the locomotive rolling from FCAB’s Patio Norte yard to…

ID 264216174 © Korn Vithayanokaron Major global ports continue to experience long wait times, which may create upward pressure on freight rates. In a report today, maritime intelligence firm Kpler warned that port congestion has become “one of the most significant operational challenges” in global maritime supply chains. “Port congestion represents… To read this article…

Global shipping companies are going through the most turbulent period in decades due to rapid shifts in policies affecting international trade. According to Yahoo Finance, Patrick Frith, senior director of growth and cross-border at Avalara, said that the last 10 months of 2025 were the most chaotic and turbulent times of his career in cross-border…

Hapag-Lloyd’s shopping spree for feeder tonnage in order to “reduce exposure to a very tight charter market” could prompt other operators to increase their order books or charter periods. Marine consultancy Braemar noted that although the last quarter traditionally saw a quieter period in the market, this year vessel chartering… To read this article you…

Global Entry with Thomas Taggart – a bi-weekly column about navigating global trade, e-commerce and compliance in a changing world When the Canada Border Services Agency (CBSA) finalizes its long-planned assessment-for-duty adjustments — which are expected to take effect in early 2026 — it will represent the most significant reform of customs assessment in a…

Saudi Arabia continues to invest in its Vision 2030 plan to become a global logistics hub, announcing today that German logistics provider DHL Supply Chain has agreed to develop a $150 million facility in the Kingdom. DHL said it has signed a 26-year land lease agreement as the anchor tenant in the Special Integrated Logistics…