Retailers turn to robots in cost inflation fight

At a vast warehouse in the southern Dutch city of Roosendaal, automated cranes and driverless vehicles silently stack clothes for the French and Italian stores of retailer Primark, reducing the need for hard-to-come-by ...

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Shipping Prices Fall in Inventory Glut, Upping Broker Deals

Shipping rates that spiked during disruptions caused by the pandemic have plummeted — some are now calling it a “freight recession” — as inventory gluts across the U.S. lowered demand. That has placed the sector at a disadvantage during annual contract negotiations now in full swing, but means retailers and ...

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China outbound container volumes take another step down

Daily ocean container departures from China to all ports globally have taken another step down, according to data in FreightWaves SONAR Container Atlas, falling to minus-22% year over year on ...

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US container freight is shrinking

Container freight volumes at the largest U.S. ports were down 3.8% in September compared with the same month a year earlier, confirming the slackening of merchandise trade and downturn in the business ...

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Port of Los Angeles cargo throughput founders as US import market remains on downtrend

October container volumes at the Port of Los Angeles dropped by 25% on the year amid slowing import demand and ongoing cargo shifts towards the US Atlantic and Gulf coasts as shippers look to alternative gateways for ex-Asian cargoes, the Port said Nov. ...

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Warehousing and Storage Services Market Size is projected to reach USD 1264.01 Billion by 2030

The global warehousing and storage services market size was valued at USD 648.35 billion in 2021. It is projected to reach USD 1,264.01 billion by 2030, growing at a CAGR of 7.70% during the forecast period (2022-2030). Asia-Pacific is the most significant shareholder in the global warehousing and storage services ...

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Container market volatile but not collapsing

Hapag-Lloyd CEO Rolf Habben Jansen put a positive spin on the container shipping downturn during a conference call Thursday as his company logged yet another quarter for the record ...

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Vietnam air passengers near prepandemic levels

HANOI: The total number of air passengers passing through domestic airports will reach 80% of the peak number of passengers in 2019, says Dinh Viet Thang, director of the Civil Aviation Authority of Vietnam ...

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Container shipping giant to set up $2b fund to reduce carbon emissions

French shipping giant CMA CGM will invest US$1.5 billion ($2.12 billion) over the next five years to accelerate its energy transition across its transport and logistics businesses, a senior company executive ...

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Vietnam urges fuel traders to release stocks to ease supply crunch concerns

HANOI (Reuters) - Vietnam on Wednesday called on its largest fuel trading firms to release their stocks amid concerns about a fuel supply ...

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