The recent surge in India-Europe trade rates has come to an end, with the market stabilizing into a more balanced supply-demand environment. Local freight forwarders report a significant drop in
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The heavy transportation and engineering sector is experiencing a shift towards realism as scattered project delays and cancellations arise due to regulatory hurdles and a more challenging global financing environment.
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Compliance experts are warning that U.S. Customs and Border Protection (CBP) is intensifying its scrutiny of customs brokers as the agency grapples with a growing influx of e-commerce shipments. These
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Global trade is facing a new challenge as a sudden shortage of shipping containers has caused ocean freight rates to spike, disrupting supply chains just as the peak shipping season
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Canada’s labor minister has decided not to step in to resolve ongoing contract negotiations between the nation’s major railroads and their unions, heightening the risk of an imminent work stoppage.
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The upcoming week will be pivotal in determining the stability of the trans-Pacific market for the peak shipping season this fall, as container lines attempt to raise spot rates from
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DHL Express Implements Surcharge: DHL Express announced plans to introduce a peak season surcharge starting September 15, as discussed during an August 1 earnings call. This surcharge will vary depending
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FedEx Expands International Service: FedEx has broadened its FedEx International Connect Plus service, enabling Chinese e-commerce merchants to access markets in the U.S. and Europe, capitalizing on the increasing demand
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Canada’s labor regulators ruled on Friday that a disruption to the country's rail system would not significantly endanger public safety, paving the way for a potential strike or lockout as
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