‘Mass-casualty incident’ as Maersk-operated ship destroys Baltimore bridge
A Maersk-operated container ship has caused a catastrophic collapse of a key bridge in the US port of Baltimore, with as many as 20 people missing.
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A Maersk-operated container ship has caused a catastrophic collapse of a key bridge in the US port of Baltimore, with as many as 20 people missing.
Road freight operators could face up to 83% increase in road toll charges under the proposed rule, with the increase being the highest for operators with older vehicles.
The European Road Freight Transport 2023 Report shows a picture of a weak recovery, with some unpredictable factors creating an uncertain, challenging and complex market environment in the road freight market.
Maersk recently announced a strategic partnership with US-based project developer Carbon Sink LLC to develop green methanol production facilities in the US.
Flexport Capital has secured a credit facility of up to $200m from separate insurance accounts managed by KKR, a New York-based investment firm.
China is quickly losing its allure as an investment destination and the country is now seen as “less predictable, less reliable and less efficient”, says a new report.
Continued supply chain congestion and the resulting inflated freight rates has led ocean shipping lines to upgrade their earnings forecasts for 2022.
Nigeria’s Topship aspires to be a ‘Flexport for African SMEs’.
The RCEP, thought to be the world’s largest trade agreement, came into effect January 1, 2022.
The U.S. administration steps up investments in both digital and physical infrastructure, but also its scrutiny on container shipping alliances.
Ocean freight rates have stabilised at historically high levels and according to Ti’s Ocean Freight Rate Tracker for Q1 2022, shippers won’t see much rates relief until Q3 2022.
The latest regulations are going to significantly impact road freight operations in Europe and put pressure on capacity and rates.