Sector

Spot rates from South East Asia to the US East Coast have softened towards the end of May in line with what's happening on other major trade routes.

DB Schenker announced that it acquired logistics software provider, Bitergo in a deal that would boost the freight forwarder's digital strategy.

China's e-commerce logistics sector rebounded in May.

DP World and CDPQ have announced an investment of US$5 billion in three UAE assets, Jebel Ali Port, Jebel Ali Free Zone, and the National Industries Park.

Port of Rotterdam is accelerating the reduction of its carbon footprint as part of its efforts to reach its sustainability goals.

Timor Port received two tugs, two STS gantries, and four RTG gantry cranes allowing the port to handle large-capacity vessels.

The Ports of Los Angeles and Long Beach delay consideration of the “Container Dwell Fee” until June 10.

Shanghai has lifted its Covid-19 related restrictions from June 1 paving the way for the full resumption of production and operations in the city after more than two months of lockdown.

Antonov Airlines announced it has completed three AN-124-100 flights to transport a new mobile gas power plant generator from Ljubljana, Slovenia to Kano, Nigeria.

Kuehne+Nagel announced that it will organise the heavy-lift logistics and module transportation for the hydro-processed esters and fatty acids (HEFA) biofuels project for Shell plc in the Netherlands.

The San Pedro Bay ports of Long Beach and Los Angeles once again announced a delay in the consideration of the “Container Dwell Fee” for another week until June 3.

Dimerco said as Covid-19 infections continue to climb in Taiwan, it recently moved Self-Test Kits from Hong Kong.

WebCargo has launched a new feature that allows forwarders to pay for their bookings directly on the platform, rather than via a third-party payment service.

UPS and InterGlobe Enterprises have launched MOVIN, a new logistics brand to serve the needs and demands of the fast-paced Indian market.

DHL Global Forwarding has announced new features and updates to its digital customer platform myDHLi that would increase efficiency and offer more environmental-friendly options for shipments.