Commercial shipping may resume through the Suez Canal by late February, depending on whether the conditions outlined in the ceasefire agreement between Israel and Hamas are met. Attacks on commercial vessels by Houthi militia have disrupted global shipping, forcing diversions to the longer and more costly journeys around the Cape of Good Hope for the
Ocean and air freight rates have climbed significantly in 2024, driven by unpredictable market dynamics, according to Transport Intelligence (Ti). Ocean freight rates remain 117.6 points above January levels, with no immediate return to pre-crisis levels expected. Xeneta’s chief analyst, Peter Sand, highlighted ocean carriers as the year’s “financial winners,” noting their shift from loss-making
Fragmented logistics networks often require businesses to work with multiple providers, leading to inconsistent standards, limited visibility, communication challenges, and scalability constraints. Robert Zorzi, Regional COO – Americas, and Jakob Bluhme, Global CCO – Global Accounts, explain how Shipco unites multiple neutral consolidation providers under the WorldWide Alliance (WWA) and utilizes a dedicated digital platform
Peter Andersen, Regional COO – Europe, Stig Krogh, Global COO – Ocean/Regional COO – Asia & ISC, and Robert Zorzi, Regional COO – Americas, discuss Shipco Transport’s customer-centric approach driving operational and service excellence across all areas, highlighting how the commitment to putting customers’ needs first delivers consistency, improves efficiency, and strengthens customer trust worldwide.
In the complex world of logistics, success is not just about moving cargo. It is about having the right strategies and the right people driving the process. Three of Shipco’s leaders – Peter Andersen, Regional COO, Europe; Robert Zorzi, Regional COO, Americas; and Stig Krogh, Global COO – Ocean/Regional COO, Asia Pacific & ISC –
The China-Mexico trade route has grown rapidly in 2024, with shipping volumes up 18.9% in the first nine months compared to 2023, according to Xeneta. June saw a record 135,724 TEUs moved between the two countries. This rapid growth has driven significant rate volatility. Spot rates on the China-Mexico West Coast route peaked six times
Logistics is continually being influenced by external factors such as pandemic surges, natural disasters, to geopolitical turmoil and economic crises. Yet, in today’s highly globalized world, the scale and impact of such events on supply chains have intensified significantly. In an era where volatility is the norm, adaptability in logistics and transportation has become essential.
Hapag-Lloyd said there could be a potential for a cargo surge ahead of the Lunar New Year in January 2025, driven by shippers trying to avoid potential new U.S. tariffs on Chinese goods under the incoming Trump administration. Hapag-Lloyd CEO Rolf Habben Jansen said the demand spike is possible, but noted it was too early
Ocean carriers at ports in Mexico and Central America are adjusting services and building contingencies to maintain schedule integrity. Carriers and forwarders attribute the challenges to high trade volumes, particularly from Mexico. In response to chronic port congestion and berthing delays at key ports in the region, Maersk and CMA CGM have adjusted their service
The Eastbound Trans-Pacific trade is seeing unusually strong demand for Asian imports in November when peak season typically slows. Steady retail sales, concerns over higher tariffs, and the mid-January expiration of the labor agreement at U.S. East and Gulf Coast ports have reduced blank sailings to about 5.4% on the West Coast and 8.1% on
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