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Maersk Extends Red Sea Diversion and Warns Risk Will Persist

A.P. Moller-Maersk A/S plans to continue diverting ships away from the Red Sea 鈥渇or the foreseeable future鈥 after pausing transits earlier this week to assess the situation.

January 5, 2024

Spot Container Shipping Rates Soar 173% on Red Sea Threats

Short-term rates for container shipping between Asia, Europe and the U.S. are climbing on reduced capacity caused by the threats to cargo vessels in the Red Sea.

January 4, 2024

Daimler Partners With Amazon for Fuel Cell Truck Trials

Daimler Truck plans to begin the first on-road customer tests of hydrogen fuel cell-powered Mercedes-Benz GenH2 trucks in global markets in the middle of 2024.

December 20, 2023

Red Sea Chaos Has Shippers Bracing for Weeks Without Route

The global shipping industry is bracing for the prospect of living without its most important trade route for weeks.

December 19, 2023

Maersk Sails South of Africa to Avoid Red Sea Conflict Area

Shipping giant A.P. Moller-Maersk A/S will redirect its vessels to sail south of Africa to avoid the Red Sea conflict area where Houthi militants have attacked several ships.

December 19, 2023

Deutsche Bahn to Sell Logistics Unit Schenker

BERLIN 鈥 Germany鈥檚 main national railway operator, Deutsche Bahn, on Dec. 19 launched an effort to sell its logistics unit, DB Schenker, as the company concentrates on its core business.

December 19, 2023

Railroads Urge Border Officials to Reopen US-Mexico Crossings

Railroads are calling for U.S. Customs and Border Protection to reopen U.S.-Mexico rail crossings at El Paso and Eagle Pass, Texas.

December 18, 2023

Houthi Attacks Push Shipping Giants to Pause Red Sea Voyages

Attacks on merchant ships by Houthi militants near Yemen in the Red Sea have prompted trade disruption, with major vessel owners Maersk and Hapag-Lloyg halting trips through the area.

December 15, 2023

Cargo Workers Strike at Denver International Airport

Nearly 100 Swissport cargo workers at the Denver International Airport are on strike Dec. 11, protesting unsafe work conditions they say the company has been ignoring for more than a year.

December 11, 2023