
High shipping cost, companies consider local sourcing
The logistical nightmare caused by the pandemic and subsequent high costs of shipping goods from Asia is making companies reconsider local production. At the very least, companies are thinking

The logistical nightmare caused by the pandemic and subsequent high costs of shipping goods from Asia is making companies reconsider local production. At the very least, companies are thinking

Last year in August, Maersk launched a weekly eight-vessel string named ME7. This was launched from the Ennore port near Chennai. Each ship carries a capacity of

Value chain disruptions are increasingly blamed for inflationary tendencies, although there are multiple other factors that can drive consumer prices up. Since the summer of

Containership charter rates have stormed to new record highs with analysts warning that the scarce tonnage available could see prices remain at extraordinary levels for

Mitsui OSK Lines (MOL) and Methanex have concluded a previously announced strategic partnership, which includes MOL gaining a 40% stake in Methanex’s Waterfront Shipping (WFS) subsidiary. The

Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Takeshi Hashimoto) today announced that it will restructure the organization as follows: (Effective April 1, 2022) Establishment

The Union Budget 2022 gives a major thrust to the logistics and supply chain sector. Around 100 cargo terminals will be developed during the next

Major shipping companies are offering workers bonuses worth as much as three years’ salary in an effort to keep talent in an industry that is known for labor

Forwarders are increasingly taking control of their air freight needs through long-term charter deals. Last week, Atlas Air announced that Flexport would take a third

The logistical nightmare caused by the pandemic and subsequent high costs of shipping goods

Last year in August, Maersk launched a weekly eight-vessel string

Value chain disruptions are increasingly blamed for inflationary tendencies, although

Containership charter rates have stormed to new record highs with

Mitsui OSK Lines (MOL) and Methanex have concluded a previously announced strategic

Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Takeshi Hashimoto)

The Union Budget 2022 gives a major thrust to the

Major shipping companies are offering workers bonuses worth as much

Forwarders are increasingly taking control of their air freight needs