Port NOLA awarded $73.77 million U.S. DOT Grant for Louisiana International Terminal
The Port of New Orleans (Port NOLA) will receive $73.77 million from the federal government to assist in building the Louisiana International Terminal (LIT) project,…
Year over year cargo traffic consistent with last year on US Great Lakes as of end of November
Shipping activity for the US Great Lakes in 2023 remained consistent with the previous year through the end of November, with approximately 32.6 million metric…
Shipping insurance for Red Sea transit soars after mounting attacks
The cost of insuring vessels that will transit the Red Sea jumped again this week after mounting attacks in the region forced some ships to…
Red Sea crisis disrupts Ikea, Abercrombie & Fitch shipments
Ikea faces possible shortages of some products as shipping firms reroute vessels away from the Red Sea, while clothing retailer Abercrombie & Fitch Co. plans…
Xi lauds trade boom with Russia, vows to ‘amplify’ cooperation
Chinese President Xi Jinping vowed to “amplify” ties with Moscow during a meeting with Russian Prime Minister Mikhail Mishustin, as the two sides continue to…
C.H. Robinson’s CEO sees freight rebound in second half of 2024
C.H. Robinson Worldwide Inc. expects the freight recession will linger into next year, but sees a recovery taking hold in the second half of 2024.
Canada Cartage launches state-of-the-art terminal and cross-dock facility in Rocky View County, Alberta
Canada Cartage, one of the country’s leading transportation and logistics providers, has announced the opening of its latest terminal and cross-dock at 135 High Plains…
FTR’s TCI for October reflects some improvement for carriers within a difficult trucking market
FTR’s Trucking Conditions Index in October improved to a reading of -6.07 from -8.97 in September.
Shipnext and FONASBA partner to raise standards in online shipping
Leading online cargo platform Shipnext and The Federation of National Associations of Ship Brokers and Agents (FONASBA) have signed a partnership agreement with the aim…
Asia Break Bulk and CSL Shipping sign strategic partnership
500t loading capacity MPP vessel to be jointly operated
Get the most up-to-date trending news!
SubscribeIndustry updates and weekly newsletter direct to your inbox!
Follow us on social media:
![[Freightos Weekly Update] Ocean rates climbing, with more increases expected soon](https://www.ajot.com/images/uploads/article/_thumbs/Support_grows_for_India%E2%80%99s_new_maritime_CCTV_rules.jpg)
![[Freightos Weekly Update] Container rates starting to spike on peak season rush](https://www.ajot.com/images/uploads/article/_thumbs/LB_stacked_containers.JPG)