The latest news, insights, and updates from the global freight and logistics industry.
Asia–US container rates have soared past $11,000 per FEU, rising over 320% since late February and nearing pandemic-era highs.
China Golden Week 2026
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China’s major ports continue to face congestion and delays, creating ripple effects across global supply chains. Shippers are advised to closely monitor schedules and consider alternative routes where...
Sri Lanka will launch its Paperless Customs Declaration Processing System on 1 October, marking a major step in the digitalisation of the country's trade and customs processes. The system will integra...
Super Typhoon Bavi is forecast to make landfall near Taiwan and eastern China on Friday, bringing severe weather conditions that are expected to disrupt maritime operations across some of the region’s...
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The US and Iran exchanged fresh strikes across the Middle East for a second straight day, further undermining a fragile ceasefire agreed in April. US forces targeted Iranian military, surveillance and...
The Port of Colombo is facing mounting congestion as rapidly rising container volumes strain yard capacity and terminal operations. Shipping lines are reporting vessel berthing delays of two to three...
The Federal Maritime Commission (FMC) has reached a settlement with Maersk A/S over alleged violations of the U.S. Shipping Act. The agreement includes a $1.9 million civil penalty tied to detention c...
Global container freight rates continued their upward momentum for the third consecutive week, with the Drewry World Container Index (WCI) increasing 6% to US$2,712 per 40ft container on 21 May 2026....
Global air cargo spot rates surged 30% year over year in April to an average of $3.34 per kilogram, marking the highest level since October 2022, according to Xeneta. Rates from Southeast Asia to N...
A container ship operated by CMA CGM was struck while transiting the Strait of Hormuz, injuring several crew members as tensions linked to the ongoing U.S.-Iran conflict continue to disrupt global shi...
The Sri Lanka Customs has announced that cargo clearance for the three inspection yards at Colombo Port will move online starting Friday (03). Director General Seevali Arukgoda stated that the new...
The OOCL Sunflower has arrived at the Port of Long Beach after losing containers in a powerful North Pacific storm, prompting a safety response and inspection effort led by the United States Coast Gua...
Market Update
Global airlines cancelled flights across the Middle East on Saturday after the United States and Israel launched coordinated strikes on Iran, plunging the region into a new phase of conflict. Airsp...
A federal military operation in Jalisco has triggered widespread disruption across Mexico’s transport, retail, and education sectors following the reported death of Nemesio Oseguera Cervantes, leader...
The Customs Trade Union Alliance has commenced trade union action today (24), citing unresolved issues including long-delayed promotions that have reportedly been pending for the past six years. Unio...
The Federal Maritime Commission (FMC) has concluded an enforcement action against MSC Mediterranean Shipping Company, S.A. (MSC), assessing civil penalties totaling $22.67 million for multiple violati...
Recent discussions on long-standing operational challenges at Colombo Port and Sri Lanka Customs concluded without any meaningful progress, according to industry sources. The trading community continu...
Oil prices rose on Wednesday for a fifth straight session as markets reacted to fears of potential supply disruptions from Iran amid escalating geopolitical tensions. Concerns over a possible U.S. att...
The Port of Colombo reached a major milestone in 2025, recording its highest-ever container throughput of 8.29 million TEUs, a 6.4% increase from 2024, further cementing its status as South Asia’s lea...
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SCLOE My Tracking is a centralized, single-window cargo tracking dashboard designed for exporters, importers, and freight forwarders to gain complete visibility of their shipments in one place. With r...
CMA CGM is set to become the first major carrier to restore one of its services through the Red Sea and Suez Canal, beginning in 2026. The company plans to reroute its INDAMEX service, which connects...
Sri Lanka’s export sector has maintained strong momentum in 2025, recording 6% growth from January to October. According to Sri Lanka Customs and sector estimates, total exports reached US$ 14.43 bill...
The Port of Colombo recorded strong growth in the first nine months of 2025, handling 6.2 million TEUs, a 6.7% increase from the previous year, according to the Central Bank. September throughput rose...
Global shipping giant Maersk says it is preparing to resume using the Red Sea and Suez Canal route as soon as security conditions permit, CEO Vincent Clerc announced on Tuesday. The move comes after n...
A declared suspension of Red Sea attacks by Yemen’s Houthi militants has brought a glimmer of hope to global shipping after nearly two years of turmoil—but analysts warn the industry remains on edge....
The United States and China have agreed to suspend newly-introduced port fees on each other’s vessels for one year, temporarily easing tensions in their ongoing trade dispute. The fees, which began on...
Hambantota International Port (HIP) has recorded an impressive 151% year-on-year growth in cargo volumes, reaching 6,028,493 metric tons by September 2025 — up from 2,397,971 metric tons in the same p...
Colombo Port is grappling with severe congestion following a surge in cargo volumes, prompting some shipping lines to omit the port from their schedules, according to S&P Global. As of Monday, 10 vess...
The global container shipping landscape is increasingly dominated by powerful alliances and a handful of mega carriers. According to the latest figures from Alphaliner, the industry’s largest cooperat...
Flights at Dhaka’s Hazrat Shahjalal International Airport have resumed, officials confirmed, six hours after a fire in the cargo section forced all operations to a standstill on Saturday. The first...
Sri Lanka, whose exports to the European Union (EU) account for over 24% of its total trade, now faces heightened challenges in retaining preferential market access under the GSP+ (Generalized Scheme...
The Istanbul Bridge, a Chinese-operated containership, is set to arrive at Felixstowe, the UK’s largest container terminal on the afternoon of October 13, after completing a groundbreaking Arctic tran...
The Colombo Port has reported a net after-tax profit of Rs. 32.2 billion for the first eight months of 2025, according to the Ministry of Transport, Highways, Ports, and Civil Aviation. This marks...
Donald Trump has warned he may impose additional 100% tariffs on Chinese imports as early as 1 November, accusing Beijing of making “very hostile” moves by tightening restrictions on rare-earth export...
Ocean shipping rates have plunged to their lowest levels since January 2024, raising concerns over profitability for major carriers such as Maersk and Hapag-Lloyd. The decline follows a slowdown in gl...
Evergreen is proactively planning to increase the amount of cargo (tonnage) it carries between Asia and two key regions: Latin America and the Middle East. This is part of a forward-looking strategy o...
US President Donald Trump has unveiled a new wave of tariffs set to take effect on 1 October 2025, targeting pharmaceuticals, trucks, and household products in an effort to boost domestic manufacturin...
Greek shipowners are poised to play a pivotal role in advancing nuclear energy within the maritime sector. This commitment was underscored at ARGO: New Nuclear for Greek Maritime, held in Athens last...
Philippine President Ferdinand Marcos Jr placed the country’s disaster response agency on full alert Sunday, ordering all government units to mobilize as Super Typhoon Ragasa tore into the north of th...
China’s annual October Golden Week will run from October 1 to October 8, 2025, combining National Day celebrations with the Mid-Autumn Festival. To balance the extended break, employees will work on S...
Indian Railways has rolled out a series of scheduled, commodity-specific, time-tabled cargo trains designed to improve reliability, reduce transit times, and deliver industry-aligned logistics solutio...
The world’s first pure ammonia-powered demonstration vessel, the *Anhui*, has successfully completed its maiden voyage in Hefei, eastern China’s Anhui Province, a landmark achievement for the future o...
Sri Lankan exporters are once again grappling with uncertainty as operational delays at the Port of Colombo have led to vessels bypassing the port and instead discharging cargo at Indian terminals wit...
Nearly 70 shipping containers loaded with clothing, furniture, shoes, and electronics toppled from the cargo vessel Mississippi at the Port of Long Beach this week, prompting an urgent investigation i...
A severe shortage of locomotives in Bangladesh Railway has brought container transport from Chattogram Port to Dhaka nearly to a standstill, leaving over 1,200 TEUs stranded in port yards. Accordin...
Rising credit card fraud in the shipping industry is prompting major US retailers to block freight forwarding firms, leaving Bermudians unable to buy directly from many popular brands. Retailers in...
Sri Lanka’s export earnings surged to nearly US$ 10 billion in the first seven months of 2025, according to data from the Central Bank of Sri Lanka (CBSL) and Sri Lanka Customs. Between January and...
A major fire at the Port of Hamburg triggered multiple explosions and injured six people, disrupting port and inland shipping operations on August 25. The blaze reportedly began when a vehicle park...
The Chittagong Port Authority (CPA) has increased its container storage capacity by nearly 10 percent in a bid to ease severe congestion that has gripped the port over the past two months. To tackl...