CMA CGM Closes $1.4 Billion Purchase of FedEx Supply Chain
The deal nearly triples CEVA Logistics’ North American contract logistics footprint and comes with multi-year ocean and air freight agreements between CMA CGM and FedEx.
The deal nearly triples CEVA Logistics’ North American contract logistics footprint and comes with multi-year ocean and air freight agreements between CMA CGM and FedEx.
Shanghai to Los Angeles spot rates held flat at $7,835 per 40-ft container on Oct. 1 while New York rose 1%. Here is how to decide whether to book now or wait.
Judges pressed the government on its authority and evidence for duties covering 60 economies; the court set no timeline for a decision, so the tariffs remain in force.
ONE, HMM and Yang Ming are switching the FE1 Southeast Asia-North Europe service from the Cape of Good Hope back to the Suez Canal, starting with the ONE Continuity in mid-October.
Freight is only one line of an import’s cost. Here is what a landed cost estimate adds, which inputs decide its accuracy, and how the estimate compares with the final customs entry.
Federal prosecutors say the group bought real carriers, including one for about $22,000, booked loads through brokers and stole electronics, appliances and solar panels.
B2B orders that outgrow a box need freight rates, not parcel rates. Here is how a freight API fits an e-commerce checkout, which SKU data it needs, and what happens after the order.
Import bans on listed Canadian alcohol, dairy and motorcycle products took effect Sept. 29 at 12:01 a.m. ET, layered on 50% Section 338 duties that apply even to USMCA goods.
IATA’s August data show demand up 4.4%, a 46.0% load factor, the first month-over-month yield gain since April and 13.2% growth on Asia-North America.
U.S. diesel averaged $6.382 per gallon on Sept. 28, about 70% above a year ago, as freight volumes posted their first annual gain since early 2023.
The four types of bill of lading API, the eBOL standards from NMFTA and DCSA, the fields a BOL carries, and how BOL data ties back to a freight booking.
The Panama Canal Authority raised the Neopanamax draft to 49.0 feet on Sept. 28 and adds a tenth daily slot from Oct. 15. Carrier surcharges remain in place.