Guangzhou Port Sells Zhonglian Shipping Stake in Strategic Pivot

Guangzhou Port Sells Zhonglian Shipping Stake in Strategic Pivot

Guangzhou Port plans to list its 14.7% stake in CULines for transfer, completing its full exit from the shipping company. Previously, Guangzhou Port partially reduced its holdings in CULines through share repurchase and agreement transfer. This transaction may be a significant move for Guangzhou Port to optimize its asset structure and adjust its shipping strategy, drawing market attention to its future development direction. The sale marks a complete departure from CULines for Guangzhou Port.

Dry Bulk Shipping Sees New Solutions in Commodity Logistics

Dry Bulk Shipping Sees New Solutions in Commodity Logistics

With 32 years of industry experience and scarce dry bulk chartering resources, Tianjin Meilian International Freight Forwarding Co., Ltd. provides freight forwarding companies with full vessel type options from 1,500 tons to 200,000 tons, and mature routes covering West Africa, South America, and Brazil. Through the WIFFA platform, Tianjin Meilian seeks cooperation with trucking companies, customs clearance companies, and other enterprises nationwide to jointly expand the bulk logistics market and achieve mutual benefit and win-win results.

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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Evergreen Marine Revenue Tops 1B Amid Soaring Shipping Rates

Evergreen Marine Revenue Tops 1B Amid Soaring Shipping Rates

Evergreen Marine's Q3 revenue exceeded NT$100 billion for the first time, reaching a record high, driven by persistently high container freight rates and increased capacity. Analysts suggest that factors such as restocking demand in Europe and the US, low container turnover rates, increased proportion of European routes, and long-term contract protection are expected to support Evergreen Marine's operational performance in 2022. The strong performance reflects the continued strength of the shipping market despite global economic uncertainties.

02/11/2026 Logistics
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Global Shipping Industry Faces Order Decline Amid Economic Slowdown

Global Shipping Industry Faces Order Decline Amid Economic Slowdown

The global "order drought" has led to a cooling of the container shipping market, with freight rates plummeting and shipping companies facing challenges. By optimizing routes, expanding diversified services, embracing digital transformation, and strengthening cooperation, shipping companies are expected to break through the adversity and embrace future market opportunities. The sharp decline in freight rates puts pressure on profitability, prompting strategic adjustments within the industry to navigate the downturn and prepare for a potential rebound.

Global Container Shipping Faces Tough 2023 As Rates Plunge

Global Container Shipping Faces Tough 2023 As Rates Plunge

ONE believes the container shipping market's development next year is unpredictable. Three major concerns are spot freight rate collapse, pressure on long-term contract prices, and a large influx of new capacity. The market faces multiple challenges, including declining demand, freight rate pressure, and increased competition. Shipping companies need to be cautious and adjust their strategies flexibly to navigate these difficulties.

3gtms Acquires Pacejet to Boost SMB Parcel Shipping Solutions

3gtms Acquires Pacejet to Boost SMB Parcel Shipping Solutions

3Gtms acquired Pacejet to expand its 3G-TM platform, reaching broader market channels and addressing complex parcel shipping needs. This acquisition strengthens 3Gtms' parcel capabilities and extends its reach into the mid-market. The integration of technologies is expected to enhance competitiveness. This move signals a trend towards integrated TMS platforms, which will help businesses improve logistics efficiency, reduce costs, and enhance customer satisfaction. The acquisition aims to create a more comprehensive solution for businesses managing diverse shipping requirements.

02/11/2026 Logistics
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Jones Act Debate Protectionism Vs Growth in US Shipping

Jones Act Debate Protectionism Vs Growth in US Shipping

This article explores the controversies and challenges surrounding the U.S. Jones Act, highlighting its limitations on competition, hindrance to emergency relief efforts, and weakening of the U.S. shipping industry's competitiveness. The article calls for a re-evaluation of the Jones Act, urging a balance between national security, economic development, and environmental protection. It advocates for gradual reforms and strengthened regulations, seeking equilibrium between protection and openness within the industry.

Biden Administration Targets Container Shipping Amid Supply Chain Concerns

Biden Administration Targets Container Shipping Amid Supply Chain Concerns

The Biden administration plans to crack down on container shipping companies, sparking opposition from industry associations. The Trucking Association supports the move, while the World Shipping Council objects, prompting expert analysis of the reasons behind the conflict. This potential regulatory action could reshape the supply chain and trigger antitrust scrutiny. The proposed regulations aim to address concerns about market concentration and unfair practices within the container shipping industry, potentially leading to significant changes in how goods are transported globally.

South Carolina Ports CEO Melvin Outlines Infrastructure Shipping Vision

South Carolina Ports CEO Melvin Outlines Infrastructure Shipping Vision

In an interview, Barbara Melvin, the new President and CEO of the South Carolina Ports Authority (SCPA), shared her insights on current import drivers, port infrastructure development, and the impact of the pandemic on container shipping. SCPA is actively pursuing port expansion, digital transformation, and supply chain diversification, aiming to become one of the most competitive ports in the United States. The focus is on enhancing capacity and resilience to better serve customers and navigate the evolving global trade landscape.