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AP Moeller – Maersk A/S

Maersk unveils latest ‘dual-fuel methanol vessel’

by Joseph Addison
Maersk unveils latest ‘dual-fuel methanol vessel’

The container ship Gunde Maersk docked at the Port of Oakland on June 24, 2024, in Oakland, California. Justin Sullivan | Getty Images SINGAPORE — Denmark-based shipping and logistics giant …

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Panama Canal says trade rebound is underway after record drought

by Joseph Addison
Panama Canal says trade rebound is underway after record drought

After two years of record drought conditions amid a challenging El Nino weather system which decimated vessel transits, the Panama Canal is experiencing a trade rebound. Ricaurte Vásquez, administrator of …

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Trump vow on new trade war sends shockwaves through supply chain

by Joseph Addison
Trump vow on new trade war sends shockwaves through supply chain

Retailers and manufacturing companies have been increasingly calling logistics partners, both in the days leading up to presidential election and on Election Night, about “front loading” shipments ahead of any …

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‘Made in Mexico’ trade controversy stoking another kind of border war

by Joseph Addison
‘Made in Mexico’ trade controversy stoking another kind of border war

Mexico’s robust, and booming, trade with the United States has logistics companies clamoring for a slice of the pie and politicians taking a cautious look at how overseas firms may …

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stocks, news, data and earnings

by Joseph Addison
stocks, news, data and earnings

A TV presenter gets ready for the daily reporting from the floor of the German share price index DAX at the stock exchange in Frankfurt, Germany, November 15, 2023.  Staff …

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Maersk slumps 7% as the end of U.S. port strikes weighs on European shippers

by Joseph Addison
Maersk slumps 7% as the end of U.S. port strikes weighs on European shippers

An aerial view of the Dundalk Marine Terminal October 03, 2024 in Baltimore, Maryland.  Anna Moneymaker | Getty Images Shares of Moller-Maersk slumped more than 8% on the Friday market …

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What a lengthy U.S. port strike could mean for global supply chains

by Joseph Addison
What a lengthy U.S. port strike could mean for global supply chains

A container ship departs the Port of Newark for the Atlantic Ocean on September 30, 2024 seen from New York City. Spencer Platt | Getty Images News | Getty Images …

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East Coast port strike fears grow as key labor union meetings begin

by Joseph Addison
East Coast port strike fears grow as key labor union meetings begin

Shipping yard equipment sits parked near containers at the Port of Virginia APM Terminal in Portsmouth, Virginia, U.S. Bloomberg | Bloomberg | Getty Images A series of key labor meetings …

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Canadian rail lockout leaves billions in U.S. trade stranded

by Joseph Addison
Canadian rail lockout leaves billions in U.S. trade stranded

Locked out railway workers demonstrate outside of the CN Rail Brampton yard on August 22, 2024 in Brampton ON, Canada.  Ian Willms | Getty Images The highly integrated trade relationship …

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No sign of U.S. recession in freight demand, Maersk CEO says

by Joseph Addison
No sign of U.S. recession in freight demand, Maersk CEO says

Shipping giant Maersk, considered a barometer for global trade, is not seeing signs of a U.S. recession as freight demand remains robust, the company’s chief executive said Wednesday. “We’ve seen …

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