U.S. and China officially extend trade truce by two months
The U.S. and China extend tariff reductions and a pause on other trade actions by two months, until January 10, 2027, according to Supply Chain Dive.
MSC increases December 2026 FAK rates on Far East–Mediterranean and Black Sea trades
Effective December 1, 2026, MSC will increase its Freight All Kinds (FAK) rates from the Far East to the Mediterranean, North Africa and Black Sea, with rates reaching as high as USD 8,200 per 40-foot container. Rates to Northern Europe will remain unchanged.
CMA CGM Announces New Peak Season Surcharges on Services from Asia to the Mediterranean and Mauritius
CMA CGM will introduce new Peak Season Surcharges (PSS) from November 2026, reaching up to US$1,600 per 40-foot container on services to the Mediterranean and North Africa, alongside revised charges for shipments to Mauritius.
COSCO Shipping Energy Plans 24-Vessel VLCC Fleet Expansion
COSCO Shipping Energy has unveiled a major fleet expansion program comprising 24 Very Large Crude Carriers (VLCCs), split between 10 direct newbuilding orders valued at $1.42 billion and 14 long-term bareboat charters, with deliveries scheduled across 2029–2030.
Evergreen's EVER EON Transits Suez Canal, Marking Return After Nearly Three Years of Disruption
Evergreen's 16,556-TEU container ship EVER EON transited the Suez Canal on November 8, 2026, marking the carrier's return to the key maritime route after nearly three years of disruption caused by the Red Sea crisis.
International Shipping and Logistics Market Update Week 45/2026 | Phaata
The international logistics marketplace platform Phaata provides an update on the international container shipping and logistics market for routes from Asia to North America, Europe, and more for Week 45 (from Nov 02 - Nov 08), 2026.
MSC Extends PRS and SCS Coverage to All Mediterranean and Black Sea Ports
MSC will extend the application of its PRS and SCS surcharges to cargo moving from Asia to the remaining ports across the Mediterranean and Black Sea, effective November 15, 2026, based on the proforma sailing date, until further notice.
Hapag-Lloyd Imposes US$400/TEU PSS on Cargo from Asia and Oceania to Tema
Hapag-Lloyd will apply a USD 400/TEU PSS to all container types from Asia and Oceania to Tema for cargo loaded from 6 November 2026.
Kuehne+Nagel Port Operations Update: Vessel Waiting Times in Ningbo and Shanghai Exceed Two Days
Kuehne+Nagel's port operations update for October 27–November 3, 2026, reports vessel waiting times of more than two days in Ningbo and Shanghai following typhoon-related disruptions, while yard utilization at Vung Tau remains elevated at 90–95%.
MSC about to overtake Maersk at the top of the box rankings
For the first time in more than a quarter of a century, Maersk is on track to lose its position as the world's largest container shipping company.
Yang Ming offers online quotes and reservations tools
Yang Ming has just become the latest container shipping line to provide customers with online quotation and reservation tools.
FMC investigates container demurrage charges
The Federal Maritime Commission (FMC) is preparing to take action to address the congestion conundrum and on-road charges being charged to shippers, truckers and freight forwarders at ports of the United States.
A wave of Asian imports flooded many US ports, adding to costs
The wave of imports flooded the Los Angeles and Long Beach ports has spread to other ports, causing delays and higher costs for importers.
What is Logistics industry? What will you learn from a Logistics degree?
What is Logistics industry? Logistics industry is the science of purchasing, manufacturing, and distributing raw materials and finished products to the right place, at the right time and with the right quantity. By military definition, the logistics also includes the movement of soldiers.
Container shipping rates soar
Global container shipping rates have risen to record levels due to spike in storage demand in the United States and Europe, shortage of containers at export hubs and changes in shipping flows due to the Corona virus pandemic.
MSC may soon overtake Maersk to stay at the top of the liner rankings
Maersk, the world's largest carrier for the past quarter century, may soon lose the number 1 position in the ranking of global shipping lines to its alliance partner - MSC.
What is Logistics - Logistics definition and its importance in business?
What is Logistics? Logistics is part of the Supply Chain which includes the following stages: Planning, Implementing and Controlling the flow of goods and services as well as the information related to abovementioned flow.
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