No matter how far logistics technology advances, the global freight system still depends on narrow waterways and constrained access points. These maritime chokepoints-some no wider than a few hundred meters (or a few hundred yards) – carry much of the world’s trade. And when traffic slows, everything behind it does too. For freight forwarders, chokepoints
Trans-Pacific container rates have decreased as manufacturing and logistics operations in China wound down in anticipation of the Lunar New Year holiday, which began on January 29. In the week ending January 24, Asia-U.S. West Coast ocean rates fell by -7% per FEU, while the Asia-U.S. East Coast rates dropped -1% per FEU according to
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.
The U.S. government is awarding US$3 billion in investments to strengthen the country’s port infrastructure, boost jobs, and reduce pollution at 55 ports across 27 states and territories. The US$3 billion investment will fund “… battery-electric and hydrogen-powered human-operated and human-maintained equipment, including over 1,500 units of cargo handling equipment, 1,000 drayage trucks, 10 locomotives,
Global shipping saw a 17.2% increase in TEU-mile demand in 2024 due to vessel diversions around the Cape of Good Hope, according to Xeneta. To counter longer transit times, the global fleet will expand by 4.5% in 2025, though at a slower growth than in 2024. Despite lower consumer demand, the longer routes have kept