Freight Forwarding Firms Merge Amid Rising Competition

Freight Forwarding Firms Merge Amid Rising Competition

The global freight forwarding market has entered a zero-sum game, triggering a wave of mergers and acquisitions. Leading companies are expanding through M&A, accelerating industry consolidation and increasing market concentration. Facing the reversal of market supply and demand, freight forwarders need to innovate services, control costs, and transform into comprehensive logistics service providers. They should also actively pursue digital transformation and global expansion to cope with intense market competition. The key is adapting to the changing landscape and building resilience.

Affordable Ocean Freight Tips for Shipping Toys to Singapore

Affordable Ocean Freight Tips for Shipping Toys to Singapore

This article details the calculation methods for sea freight costs when shipping toys to Singapore. It covers factors influencing freight costs, such as volume, weight, packaging, and shipping method. The article also provides the freight calculation formula and answers frequently asked questions. The aim is to help readers understand the composition of sea freight costs, choose the appropriate shipping solution, save costs, and ensure the safe delivery of toys. This guide provides practical information for businesses involved in the toy export industry.

FMC Probes Container Shipping Delays As US Exports Lag

FMC Probes Container Shipping Delays As US Exports Lag

The Federal Maritime Commission (FMC) met with lawmakers to discuss alleged violations of the Shipping Act by ocean carriers. This stems from issues faced by U.S. exporters, including container shortages and detention and demurrage fees. The FMC is investigating these practices and may seek legislative support to strengthen regulation and modernize the Shipping Act. The focus is on ensuring fair practices within the container shipping industry and addressing concerns raised by American businesses regarding potential anti-competitive behavior and unfair charges.

01/29/2026 Logistics
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NYSHEX Commitment Contracts Stabilize Global Shipping Amid Volatility

NYSHEX Commitment Contracts Stabilize Global Shipping Amid Volatility

NYSHEX is transforming the global shipping market with its two-way committed contracts and neutral exchange platform. Shippers and carriers enter into legally binding agreements, securing capacity and prices in advance, reducing uncertainty and improving efficiency. NYSHEX has partnered with numerous leading carriers and shippers, dedicated to building a more reliable and efficient global shipping ecosystem. This innovative approach fosters greater predictability and stability in the often volatile shipping industry, benefiting all stakeholders involved by minimizing disruptions and optimizing resource allocation.

02/03/2026 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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Blockchain Bill of Lading Gains Traction in Global Shipping

Blockchain Bill of Lading Gains Traction in Global Shipping

This article explores the importance of blockchain bills of lading and electronic release systems in international maritime shipping. These technologies enhance transparency and efficiency in information flow, reducing the risk of unexpected delays and guiding the shipping industry towards a data-driven model. The article emphasizes instances of implementation of these technologies and the economic benefits they bring.

Busan Port Advances Smart Port Initiatives for Global Shipping

Busan Port Advances Smart Port Initiatives for Global Shipping

Founded in 2004, the Busan Port Authority aims to develop Busan Port into a global shipping hub. Despite challenges, it has achieved a container throughput of 21 million TEUs. The authority is enhancing its competitiveness and operational efficiency through infrastructure expansion and the construction of a smart port, striving to secure a leading position in the global shipping industry.

Breakthrough Achievements Guangdong CSSC Zhongyuan Heavy Industry Successfully Completes Its First Scrubber Project Retrofit

Breakthrough Achievements Guangdong CSSC Zhongyuan Heavy Industry Successfully Completes Its First Scrubber Project Retrofit

Guangdong Zhongyuan Shipping Heavy Industry successfully completed its first desulfurization tower modification project, enhancing the environmental performance of the 'Xinhui' vessel. The modification was smoothly executed amid challenges, strengthening the company's competitiveness in the ship repair and modification market and effectively meeting international emission standards. The company will continue to promote green shipping and sustainable development in the future.

07/23/2025 Logistics
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US Regulators Investigate Shipping Firms Amid Rising Freight Costs

US Regulators Investigate Shipping Firms Amid Rising Freight Costs

The U.S. Congress is investigating Maersk, CMA CGM, and Hapag-Lloyd, the three largest shipping companies, due to surging ocean freight rates and concerns about industry competition. The investigation demands freight rate information and lists of long-term contracts to assess potential unfair competition. High freight rates have prompted businesses to reconsider their supply chain strategies and may reshape global trade patterns. The shipping industry faces uncertainty and challenges, requiring cooperation from all stakeholders to address these issues.

Crossborder Ecommerce Tackles US Shipping Challenges

Crossborder Ecommerce Tackles US Shipping Challenges

This article focuses on potential delivery anomalies in air freight transportation in the United States, such as damage, missing items, and refusals. It elaborates on strategies for handling various situations, including on-site evidence documentation, claims material preparation, and allocation of responsibility and costs. The aim is to assist cross-border e-commerce sellers in effectively managing transportation risks.