Plus, FedEx and UPS harness AI in logistics, South America's trade scene challenges Panama Canal's constraints, and Estes navigates a disruptive cyberattack.
While trade activity escalates in South America, influenced by diversified sourcing strategies, the Panama Canal continues to face drought-induced challenges.
Estes grapples with a cyberattack. This comes just weeks after Yellow accepted Estes' $1.3B bid for its terminals.
A historic drug seizure at Rotterdam sees eight tons of cocaine, worth $653m, concealed in a Maersk ship's shipment of bananas.
The Port of Rotterdam was the scene of a record drug bust as Dutch customs seized eight tons of cocaine from a Maersk containership.
To put it into perspective, this bust is nearly twice the size of the 4.6 tons found in 2005. Still, globally, it trails behind a 20-tonne cocaine seizure at Philadelphia's port in 2019.
Source: Splash
The port of Rotterdam is one of the largest drug hubs in the world, consumes huge amounts of fossil energy and is therefore not a good example of green energy.
— Tone ☕️ (@wssounddesign) March 28, 2023
BUT:
The will to open up to new technologies is the right way into the future.
7/10 pic.twitter.com/5lJ8MxEMZ9
Explore a 20-year analysis of U.S. trade shifts with China and the rise of South and Southeast Asian countries as significant trading partners.
The FMC orders Hamburg Süd to pay OJ Commerce $9.8 million for refusing cargo space, breaching US Shipping Act's anti-retaliation provision.
While trade activity escalates in South America, influenced by diversified sourcing strategies, the Panama Canal continues to face drought-induced challenges.
A cargo ship in the North Sea, carrying over 3,500 vehicles, including nearly 500 electric vehicles (EVs), has been
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