Maersk vessel forced to omit Cape Town as congestion mounts
The port of Cape Town is facing significant congestion, which is set to worsen this ...
Maersk has told The Loadstar its subpoena by the US Department of Justice (DOJ) is tied to an “ongoing investigation into supply chain disruption”.
However, with no official announcement or response from the DOJ to requests for comment, there is scant detail on why the world’s second-largest container line has been subpoenaed.
The carrier’s North America spokesperson, Tom Boyd, confirmed to The Loadstar that it was linked to the investigation, adding: “We have not seen evidence of any actual or alleged wrongdoing on ...
Amazon pushes into LTL for small package fulfilment and UPS does a u-turn
New senior management for DSV as it readies for DB Schenker takeover
Volumes set to 'fall off a cliff' as US firms hit the brakes on sourcing and bookings
Asian exporters scramble for ships and boxes to beat 90-day tariff pause
Temporary tariff relief brings on early transpacific peak season
'Tariff madness' will prompt renegotiation of ocean shipping contracts
Forwarders 'allowing the fox into the chicken run' by supporting 'hungry' carriers
Response to tariffs by Chinese importers may see extra costs for US shippers
Comment on this article
Neil Baillie
March 20, 2022 at 5:43 amHMM April Melbourne- Busan rate$550, up$50 from March, based on this we sign contract with our customers. May rate just advised $950, still waiting on explanation as to what would cause such a hike… just one of many examples