The company said that its vessel, the Maersk Hangzhou, was targeted by Houthis in attack boats December 31.

DTN said the feature will allow ship owners and charterers to better plan for and adapt to potential voyage disruptions that can affect a company’s performance, bottom line or emissions.

Ikea said it’s looking for other options to secure the availability of its products, many of which normally pass through the Red Sea and the Suez Canal.

China’s shipbuilding output increased by 12% year-on-year to 38 million dwt during the period running from January 2023 to November, making up50.1% of the planet’s total output.

The finalists and the award winner will be recognized at the 2024 Salute to Women Behind the Wheel in Louisville, Kentucky on March 22, 2024.

The company laid off 75% of its U.S. staff on December 4, bringing TuSimple’s total global workforce to just 700 full-time employees.

Businesses now have the freedom to match carriers to their more specific needs seamlessly and simultaneously, loosening the grip of core carriers on logistics operations. 

The system will enable operators, companies, airlines and other agencies to access all types of cargo-related information on a single platform.

Simpson beat out Tori Blake (chief financial officer and co-owner of Western Logistics Express and WLX) and Megan Ferguson (vice president of End-to-End Delivery Acceleration for Walmart) for the award.

Those interviewed said they expect a rebound during the second half of 2024 with half of the participants saying they believe freight volumes will increase by 5% during that period.