[Chatham, NJ] – In honor of International Mother Earth Day on April 22, Shipco Transport is proud to announce the sponsorship of planting over 2,200 trees for our Shipco Transport employees worldwide. This initiative is a heartfelt thank you to our dedicated teams for their unwavering support of our sustainability mission. Shipco Transport has partnered
The European Commission is closely monitoring containerized imports from China due to concerns that the high U.S. tariffs will force a redirection of Trans-Pacific trade flows and flood Europe with Chinese goods. Although the EU has not seen import volumes rise beyond normal seasonal patterns, a new “Import Surveillance Task Force” has been launched to
IATA is standing by its air cargo forecast, even if ocean shipping resumes through the Red Sea. The trade group expects air cargo volumes to grow by 6% in 2025. Speaking to Air Cargo News at the IATA World Cargo Symposium (WCS), IATA director general Willie Walsh said that the trade body believes the air
The global ocean freight market is facing a fraught outlook in 2025, a new DHL update finds, characterized by economic headwinds, geopolitical tensions and industry restructuring. Global economic growth is projected to slow to 2.5% in 2025, the weakest since 2009, excluding the pandemic. The Americas will be hit hardest, with growth in the U.S.
The European Union (EU) is stepping up efforts to stop plastic pellet pollution at sea. These tiny plastic pieces, used to make everyday plastic items, often spill during transport and end up in oceans. ”Microplastics, including plastic pellets are now found everywhere — in our oceans, seas and even in the food we eat,” says
Uncertainty is dominating the global maritime industry as the trade war between the U.S. and China unfolds. Industry executives have said they are unable to plan ahead because the situation is constantly shifting. Lauritzen Bulkers’ interim CEO, Jacob Winthereik, said that with new tariffs being announced or changed almost weekly, there’s no sign of stability
Global container demand is expected to shrink primarily due to market uncertainty and trade tensions. Analyst Linerlytica has downgraded its global container demand growth projections to -1.1% for 2025. The Asian market is already facing challenges following the announcement of import tariff measures by the U.S. Linerlytica has reported “significant” ocean cargo booking cancellations in
The Ocean Alliance is canceling several Asia–North Europe sailings in April and May to help recover schedules affected by congestion and delays at European ports. In contrast, Maersk and Hapag-Lloyd, as part of the Gemini Cooperation, are taking a different approach by adding more vessels on the same trade route to help alleviate port delays
A 10% universal tariff and country-specific duties on U.S. imports will take effect on April 5 and April 9, respectively. Consequently, this is pressuring shippers to re-evaluate their supply chain strategies with some rushing to import goods to avoid fees, while others are holding back products in Asia. One forwarder observed that shippers are adopting
Most of the world’s top 30 ports saw strong cargo growth in 2024, rising by 7% overall, according to Alphaliner. The most significant volume growth came from Los Angeles/Long Beach at 19.8%, Tanger Med at 18.8%, and Tanjung Pelepas at 16.9%. Alphaliner attributes the significant increase in Los Angeles/Long Beach volumes to concerns about U.S. tariffs
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