US imports still rising – 'strongest performance since the pandemic'
US container import volumes continued to show surprising strength in May, according to new data ...
“We think the best ROI on cash is to make an accretive acquisition, and that would be our top priority, but it’s got to be something that’s a good strategic fit, that’s integrateable, fits with our culture, fits with our strategy. So … we are actively engaged in looking at M&A opportunities because we do think that’s the best use of our cash.” – Doug Waggoner, chairman and CEO of Chicago-based Echo Global Logistics, 3 February 2021.
The fight between bulls and ...
Chaos now rules the container shipping market, says Yang Ming CFO
US Logistics Solutions files for liquidation, with significant job losses
Maersk sets new chartering record with deal for $150,000 a day
Forwarders 'being squeezed' as spot and contract rates move further apart
More ships and more containers needed for 'feverish' box shipping sector
MSC and CMA CGM roll out new shuttle services as intra-Asia rates soar
Demand for air freight 'perking up', but this puts pressure on capacity
Idle containership fleet dips to pandemic era lows as carriers hunt tonnage
Comment on this article