The shipping industry, particularly the India-Europe ocean route, is witnessing a significant yet stabilizing change. Over the past month, spot rates for shipments have seen a noticeable decline, reflecting a balanced supply-demand environment. Major carriers such as Maersk have adjusted their
The proposed multimodal terminal in Rybnik, Poland, had the potential to become a cornerstone of logistics in the region. Conceptualized in 2018, the project aimed to integrate rail and road transport, delivering economic, environmental, and infrastructural benefits. However, despite its promising
In recent years, the explosive growth of e-commerce has profoundly impacted the logistics and delivery industries. One area, in particular, that has seen remarkable transformation is last-mile delivery – the final step in getting a product from a warehouse to the consumer’s doorstep. In Parsippany,
NOVA Infrastructure, a prominent middle-market infrastructure private equity firm, has revealed the sale of Bold Holdco, LLC to a group of institutional investors advised by J.P. Morgan Global Alternatives’ Global Transportation Group. Bold Ocean, headquartered in Annapolis, MD, is renowned for its
The recent memorandum of understanding (MoU) signed between Hong Kong Air Cargo (HKAC) and ZTO Express Group marks a significant shift in the landscape of e-commerce logistics. This partnership seeks to leverage the combined strengths of both companies to meet the escalating demands of the global
As Tropical Storm Debby barrels through the southeastern United States, the trucking industry has found itself at the epicenter of both the disaster and the subsequent relief efforts. The storm's ferocity has resulted in widespread infrastructural damage, with road closures, flooding, downed trees,
