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Shipping Line ONE Acquires 30% Stake in Key Laem Chabang Port, Thailand
Ocean carrier ONE continues its infrastructure acquisition strategy by signing an agreement to purchase a 30% stake in the Hutchison Laem Chabang terminal (Thailand), closely following a port investment deal in Busan. Japanese container shipping line Ocean Network Express (ONE) is utilizing a portion of the profits accumulated in recent years to accelerate the development […]
Hapag-Lloyd Announces General Rate Increase (GRI) on South America Route
Effective May 1, 2026, ocean carrier Hapag-Lloyd will officially implement a General Rate Increase (GRI) of $200 per container for all types of cargo transported from the East Coast to the West Coast of South America. Ocean carrier Hapag-Lloyd has issued an official advisory regarding the implementation of a General Rate Increase (GRI) for shipments […]
Ripple Effect: Middle East Crisis Reshapes Global Aviation Logistics and Supply Networks
Geopolitical tensions in the Middle East are fundamentally reshaping the global aviation logistics landscape. From blockaded flight corridors and soaring fuel prices to the fracturing of MRO hubs, the supply of aircraft parts is facing an unprecedented stress test. The cascading effects of the Middle East conflict have transformed routine aviation procurement and logistics into […]
US Government at Risk of Shutdown: Essential Transportation Continues, But Risks Remain.
In the event of a U.S. government shutdown, essential freight operations such as port and border inspections are expected to continue, but non-core services could be disrupted, causing delays and risks to the supply chain. In the event of a federal government shutdown, most essential freight operations are not expected to be affected. This is […]
Record-Breaking Container Ship Orders: Risk of Oversupply Lasting Through the Decade?
The global container shipping industry has just recorded a new record in shipbuilding orders. However, behind this seemingly positive figure lies concern about potential overcapacity that could persist for many years, weighing heavily on freight rates and shipping companies’ profits. Container Shipbuilding Orders Exceed Historical Limits According to the latest data from Linerlytica, the number […]
Container freight rates on the Asia-North America route continue to fall sharply despite shipping line cuts.
Asia-North America Container Freight Rates Plummet The Trans-Pacific shipping market continues to see a sharp decline in container freight rates. According to the latest data from Xeneta, spot rates from the Far East of Asia to the United States have fallen significantly since June, despite shipping lines’ efforts to reduce capacity. Far East → US […]
The US Issues New Executive Order on Tariffs: What Should Exporting Businesses Be Aware Of?
On July 31, 2025, the U.S. government officially issued an Executive Order adjusting tariffs on reciprocity, directly affecting imported goods from over 80 countries, including Vietnam. This is a strong move to address the long-standing trade deficit and reaffirm the U.S. stance on protecting its supply chains and economic and security interests. So what’s special […]
Asia-Europe Shipping Rate Update: Stagnation Amidst Volatility and Increased Risk of Port Congestion
Amidst the volatile global logistics market, the upward trend in Asia-Europe shipping rates has shown signs of slowing after six consecutive weeks of increases. However, according to experts, this may only be a “temporary pause” before the market enters a new cycle of volatility, with many challenges quietly accumulating – especially port congestion in Europe. […]
President Trump Announces “Significant Tariff Reductions” on Vietnamese Goods: A Golden Opportunity for Export Businesses and the Logistics Industry
According to information from the Ministry of Foreign Affairs, at 8 PM on July 2nd, General Secretary To Lam had a phone call with US President Donald Trump to discuss bilateral relations and issues related to reciprocal tariffs between the two countries. During the exchange, President Trump highly appreciated Vietnam’s commitment to opening its market, […]
Update: Israeli Ports Remain Operating Normally Amid Israel-Iran Conflict
Haifa and Ashdod: Normal Operations Amid Missile Attacks Despite military tensions between Israel and Iran entering their fourth day with multiple missile strikes, two key Israeli ports – Haifa and Ashdod – remain operational. Over the weekend, missiles from Iran targeted the Haifa area, home to one of the region’s busiest container ports, along with […]
IATA Forecasts Slight Increase in Airline Profits in 2025: Opportunities and Challenges for Cargo Transport
According to the latest financial report from the International Air Transport Association (IATA), 2025 will see global airline profits reach approximately $36 billion, a slight increase from the previous year’s $32.4 billion. However, alongside the optimistic signals from passenger transport, the air cargo sector is facing several worrying challenges. Falling Fuel Prices – A Key […]
Wave of Layoffs in the Transportation Industry in California and Texas
The freight industry in two major US states – California and Texas – is witnessing a wave of widespread layoffs, affecting more than 1,000 workers in just the past week. Major players like UPS, FedEx, Amazon, and several others have announced downsizing plans to restructure and adapt to market fluctuations. UPS: Laying Off 355 Workers […]
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