Transpacific contract rates rise on Trump’s fickle policies
Shippers exasperated with the constant flip-flops in the Trump administration’s trade policy have agreed to ...
With the ocean shipping alliances set to undergo major upheaval, the upcoming contract negotiation season will be different, because of “big unknowns”, according to the director of the Global Shipper’s Forum, James Hookham.
In February, ocean carriers Maersk and Hapag-Lloyd will leave their respective groupings, the 2M and THE Alliance, to form the Gemini Cooperation.
The 2M’s MSC will remain alone, THE Alliance will comprise just HMM, ONE and Yang Ming, while the Ocean Alliance of CMA CGM, Cosco, OOCL and Evergreen ...
Trump tariffs see hundreds of cancelled container bookings a day from Asia
'To ship or not to ship', the question for US importers amid tariff uncertainty
'Disastrous' DSV-Schenker merger would 'disrupt European haulage market'
'Chaos after chaos' coming from de minimis changes and more tariffs
Forto 'sharpens commercial priorities' as it lays off one-third of staff
List of blanked transpac sailings grows as trade war heats up and demand cools
EC approves DSV takeover of DB Schenker
Overcapacity looms for ocean trades – with more blanked sailings inevitable
Amazon Air’s metamorphosis: 'a different air cargo unit from two years ago'
Shippers in Asia restart ocean shipment bookings – but not from China
India withdraws access for Bangladesh transhipments, in 'very harmful' decision
'Tariff hell' leaves industries in limbo – 'not a great environment to plan'
Comment on this article
Matthew Gore
August 21, 2024 at 4:59 pm@James Hookham, I think we both know that contracts do amount to something, although, as has always been the case, it’s about getting the right terms in place and being prepared to enforce them, should you need to, whether from a shipper or carrier perspectice. #HFW