COSCO Expands Red Sea Footprint with Jeddah Port Investment

COSCO Expands Red Sea Footprint with Jeddah Port Investment

COSCO SHIPPING Ports acquired a 20% stake in Red Sea Gateway Terminal (RSGT) to strengthen its strategic presence in the Red Sea region. RSGT, located in Jeddah Islamic Port, is the largest terminal in the port and boasts a significant geographical advantage. This collaboration will upgrade terminal facilities, improve operational efficiency, and help COSCO SHIPPING Ports expand into the Middle East and African markets, achieving mutual benefits and win-win results. This investment highlights COSCO's commitment to developing key trade routes.

02/11/2026 Logistics
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COSCO Ship Incident in South Africa Threatens Supply Chains

COSCO Ship Incident in South Africa Threatens Supply Chains

COSCO Shipping's "COSCO SAO PAULO" vessel reportedly caught fire and experienced container loss off the coast of South Africa, impacting the ZAX2 South Africa route and several partner shipping companies. The incident may lead to cargo loss and schedule delays. Insurance companies have issued claim notices. Foreign trade enterprises and freight forwarders should closely monitor the situation, strengthen risk prevention measures, and ensure supply chain stability. This incident highlights the importance of cargo insurance and proactive risk management in international shipping.

02/11/2026 Logistics
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Cosco CMA CGM Compete for Third in Global Shipping

Cosco CMA CGM Compete for Third in Global Shipping

COSCO Shipping once became third largest carrier after acquiring OOCL, but CMA CGM quickly expanded and surpassed it. The shipping industry is highly competitive, and capacity expansion is crucial for gaining market share. The battle for dominance involves strategic maneuvers and significant investments in vessel capacity. Carriers are constantly vying for position in the capacity rankings, highlighting the intense strategic game being played out in the global shipping market. This competition drives innovation and efficiency, ultimately impacting global trade flows.

02/11/2026 Logistics
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COSCO Launches Chinaeurope Rail Service to Boost Land Logistics

COSCO Launches Chinaeurope Rail Service to Boost Land Logistics

COSCO SHIPPING goes 'onshore'! The inaugural COSCO SHIPPING Lines China-Europe Railway Express (Wuhan) marks a significant step in its multimodal transportation strategy. By collaborating with Wuhan, COSCO SHIPPING integrates sea and land transportation resources to create a comprehensive supply chain service covering the Eurasian continent. This actively implements the 'Belt and Road' initiative. The company plans to deepen cooperation and jointly build multiple international transportation corridors in the future, further enhancing its global logistics network and contributing to international trade facilitation.

02/11/2026 Logistics
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Chinas Cosco Finalizes Hamburg Port Stake Amid Geopolitical Tensions

Chinas Cosco Finalizes Hamburg Port Stake Amid Geopolitical Tensions

COSCO Shipping's acquisition of a 24.9% stake in the Container Terminal Tollerort (CTT) at the Port of Hamburg has been approved. This adjusted equity ratio reflects Germany's balancing act between economic cooperation and national security. As a vital European hub, the Port of Hamburg is a key component of COSCO Shipping's global strategy, facilitating European market expansion and promoting Sino-European trade. This event highlights the complexities of Sino-European economic relations and the shared challenge of deepening cooperation while ensuring security.

02/11/2026 Logistics
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Seabay Invests 153M to Expand Fleet Strengthen Asia Shipping Dominance

Seabay Invests 153M to Expand Fleet Strengthen Asia Shipping Dominance

SITC International has invested $153 million to order four container ships, aiming to expand its owned fleet and meet the growing transportation demand in the Asian market. Including previously effective orders, SITC's order book has increased to 14 vessels, totaling 28,800 TEU. This further strengthens its leading position among global liner companies and injects new momentum into the prosperous development of the Asian shipping market. The expansion demonstrates SITC's commitment to serving the region's increasing trade volumes and maintaining its competitive edge.

02/11/2026 Logistics
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DHL Opens 4M Seattle Hub to Expand Global Shipping

DHL Opens 4M Seattle Hub to Expand Global Shipping

DHL has invested $4 million in a new service center in Seattle to enhance its international freight capabilities. This investment aims to meet the growing demands of local businesses for international trade and cross-border e-commerce. The new facility will provide faster and more convenient logistics services, improving the efficiency of global shipping for Seattle-based companies and supporting their expansion into international markets. The center will streamline processes and reduce transit times, ultimately benefiting businesses engaged in international commerce.

02/11/2026 Logistics
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DHL Expands Southern California Facility with 7M Ecommerce Investment

DHL Expands Southern California Facility with 7M Ecommerce Investment

DHL is expanding its service center in the Inland Empire, California, with a $7 million investment to address international trade and e-commerce growth. The expanded facility increases cargo handling capacity and adds new employees. This move is part of DHL's strategic plan to capitalize on e-commerce opportunities, optimize the supply chain, enhance customer service, and strengthen its market position, adapting to future trends. The Inland Empire, as a logistics hub, will benefit from this expansion, promoting local economic development.

02/11/2026 Logistics
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US Tariff Hikes Threaten Thai Ecommerce Growth

US Tariff Hikes Threaten Thai Ecommerce Growth

New US tariff policies may severely impact Thai e-commerce exports, particularly in sectors like auto parts and electronics. Rising raw material costs and stricter compliance requirements will intensify operational pressure on businesses. Thai companies should proactively explore emerging markets, enhance product quality, and strictly adhere to rules of origin to mitigate the risk of declining export volumes. Diversification and adaptation are crucial strategies for navigating the challenges posed by the evolving trade landscape and maintaining competitiveness in the global market.

02/11/2026 Customs Knowledge
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US Rail Freight Gains in Carloads Dips in Container Volume

US Rail Freight Gains in Carloads Dips in Container Volume

Recent data presents a mixed picture for US rail freight. Carload traffic experienced year-over-year growth, suggesting recovery in some traditional industries. However, container traffic saw a slight decline, reflecting challenges in global trade. Several factors will influence future freight volumes, including economic growth, inflation, and geopolitical events. Understanding these dynamics is crucial for assessing the overall health of the US economy and its interconnectedness with global markets. The performance of rail freight serves as a valuable indicator of broader economic trends.

02/11/2026 Logistics
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