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Maersk Can’t Find Enough Women to Pursue Top Jobs

[Stay on top of transportation news: Get TTNews in your inbox.]The chairman of A.P. Moller-Maersk A/S, Jim Hagemann Snabe, said it is proving difficult to get enough women to apply for top management...

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Egypt Seizes Ever Given Pending $900 Million Compensation

[Stay on top of transportation news: Get TTNews in your inbox.]Egypt seized the giant container vessel that blocked the Suez Canal last month as part of an effort to get more than $900 million in...

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Trudeau Signals Move to End Dockworkers Strike at Montreal Port

[Stay on top of transportation news: Get TTNews in your inbox.]Canada is planning legislation to end a general strike at the Port of Montreal that’s bound to worsen congestion at other sites and add to...

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Here’s Why You Should Christmas Shop Early

[Ensure you have all the info you need in these unprecedented times. Subscribe now.]If it seems like shipping delays and soaring delivery costs aren’t getting any better, it’s because by some metrics...

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US Seeks to Lower Spiking Shipping Costs With Competition

[Ensure you have all the info you need in these unprecedented times. Subscribe now.]The Biden administration is set to ask regulators to promote competition in the ocean shipping and rail industries...

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WTO Says Record Global Trade in Goods Might Be Nearing a Peak

[Stay on top of transportation news: Get TTNews in your inbox.]Global trade in goods might be close to plateauing — albeit at a record level — amid an outlook clouded by regional imbalances and...

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Goldman-Backed Exchange Raises Cash to Expand Shipping Contracts

[Stay on top of transportation news: Get TTNews in your inbox.]The New York Shipping Exchange, founded in 2015 by a former industry executive to make the container shipping market more efficient, is...

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Industry Group Backs Global Carbon Surcharge for Large Ships

[Stay on top of transportation news: Get TTNews in your inbox.]BERLIN — A major maritime industry association on Sept. 7 backed plans for a global surcharge on carbon emissions from shipping to help...

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The World’s Shippers Are Earning the Most Money Since 2008

[Stay on top of transportation news: Get TTNews in your inbox.]The global shipping industry is getting its biggest payday since 2008 as the combination of booming demand for goods and a global supply...

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Pandemic Shopping Spree Fuels Rebound in Shipping Emissions

[Stay on top of transportation news: Get TTNews in your inbox.]The pandemic-driven shopping spree is having at least one unintended consequence: Emissions from shipping are on the rise again.The Port...

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World’s Largest Container Line Makes Play for Italian Air Carrier

[Stay on top of transportation news: Get TTNews in your inbox.]Mediterranean Shipping Co. is seeking a controlling stake in new Italian flag carrier ITA Airways through a deal that would also include...

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Biden Takes on Ocean Shipping as FMC Sees Market Setting Rates

[Stay on top of transportation news: Get TTNews in your inbox.]President Joe Biden is taking on the concentrated market power of ocean shipping companies, although officials at the agency overseeing...

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MSC Buys Bollore’s African Logistics Unit

[Stay on top of transportation news: Get TTNews in your inbox.]MSC Mediterranean Shipping Co. agreed to buy the African transport and logistics business of Bollore SA for 5.7 billion euros ($6.3...

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UK Startup Wants to Build Batteries for Boats

[Stay on top of transportation news: Get TTNews in your inbox.]U.K. battery company Britishvolt Ltd. received an investment from shipping firm Scorpio Group as it looks to develop technologies to help...

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FIATA Focuses on Unfair Shipping Competition, Digital Trade Documents

[Stay on top of transportation news: Get TTNews in your inbox.]New digitized trade documents and unfair competition from shipping lines infringing on turf for inland cargo are top priorities during a...

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