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...
View ArticleEgypt 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...
View ArticleTrudeau 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...
View ArticleHere’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...
View ArticleUS 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...
View ArticleWTO 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...
View ArticleGoldman-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...
View ArticleIndustry 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...
View ArticleThe 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...
View ArticlePandemic 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...
View ArticleWorld’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...
View ArticleBiden 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...
View ArticleMSC 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...
View ArticleUK 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...
View ArticleFIATA 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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