Skip to content
Search AI Powered

Latest Stories

newsworthy

Shipping companies expand Ocean Alliance

Newest offering speeds transit times and adds services, including 2 Transatlantic services linking North Europe to the U.S. East Coast and the Gulf.

Shipping companies expand Ocean Alliance

French container shipping giant CMA CGM has expanded its Ocean Alliance service, signing an agreement with executives from Chinese Ocean Shipping Company (COSCO), ocean carrier Evergreen, and Orient Overseas Container Line (OOCL) to launch a fourth version of the Ocean Alliance offering, the company said today.

Ocean Alliance Day 4 will launch in April, offering more port calls, more direct links, and better transit times, according to CMA CGM. Enhancements include the use of 325 container ships, 38 services, and an estimated carrying capacity of around 3.8 million TEUs (Twenty-foot Equivalent Units), according to officials. The deal expands service between Europe and Asia and between North Europe and the Americas, including the addition of two Transatlantic services linking North Europe to the U.S. East Coast and the Gulf of Mexico, officials said. Other enhancements include: 


  • 19 Transpacific services.
  • 7 services between Asia and Europe.
  • 4 services between Asia and the Mediterranean.
  • 4 services between Asia and the Middle East.
  • 2 Asia-Red Sea services.

"One year after the extension of Ocean Alliance until 2027, the launch of the Day 4 Product will enable us to further strengthen the competitiveness and quality of CMA CGM's offer," Rodolphe Saadé, chairman and CEO of the CMA CGM Group, said in a statement. "With this agreement, we are pursuing the continuous improvement of our services for the benefit of our customers."

The Latest

More Stories

autonomous tugger vehicle

Cyngn delivers autonomous tuggers to wheel maker COATS

Autonomous forklift maker Cyngn is deploying its DriveMod Tugger model at COATS Company, the largest full-line wheel service equipment manufacturer in North America, the companies said today.

The deal was announced the same week that California-based Cyngn said it had raised $33 million in funding through a stock sale.

Keep ReadingShow less

Featured

photo of self driving forklift
Lift Trucks, Personnel & Burden Carriers

Cyngn gains $33 million for its self-driving forklifts

Study: Industry workers bypass essential processes amid mounting stress

Study: Industry workers bypass essential processes amid mounting stress

Manufacturing and logistics workers are raising a red flag over workplace quality issues according to industry research released this week.

A comparative study of more than 4,000 workers from the United States, the United Kingdom, and Australia found that manufacturing and logistics workers say they have seen colleagues reduce the quality of their work and not follow processes in the workplace over the past year, with rates exceeding the overall average by 11% and 8%, respectively.

Keep ReadingShow less
photo of a cargo ship cruising

Project44 tallies supply chain impacts of a turbulent 2024

Following a year in which global logistics networks were buffeted by labor strikes, natural disasters, regional political violence, and economic turbulence, the supply chain visibility provider Project44 has compiled the impact of each of those events in a new study.

The “2024 Year in Review” report lists the various transportation delays, freight volume restrictions, and infrastructure repair costs of a long string of events. Those disruptions include labor strikes at Canadian ports and postal sites, the U.S. East and Gulf coast port strike; hurricanes Helene, Francine, and Milton; the Francis Scott key Bridge collapse in Baltimore Harbor; the CrowdStrike cyber attack; and Red Sea missile attacks on passing cargo ships.

Keep ReadingShow less
diagram of transportation modes

Shippeo gains $30 million backing for its transportation visibility platform

The French transportation visibility provider Shippeo today said it has raised $30 million in financial backing, saying the money will support its accelerated expansion across North America and APAC, while driving enhancements to its “Real-Time Transportation Visibility Platform” product.

The funding round was led by Woven Capital, Toyota’s growth fund, with participation from existing investors: Battery Ventures, Partech, NGP Capital, Bpifrance Digital Venture, LFX Venture Partners, Shift4Good and Yamaha Motor Ventures. With this round, Shippeo’s total funding exceeds $140 million.

Keep ReadingShow less
Cover image for the white paper, "The threat of resiliency and sustainability in global supply chain management: expectations for 2025."

CSCMP releases new white paper looking at potential supply chain impact of incoming Trump administration

Donald Trump has been clear that he plans to hit the ground running after his inauguration on January 20, launching ambitious plans that could have significant repercussions for global supply chains.

With a new white paper—"The threat of resiliency and sustainability in global supply chain management: Expectations for 2025”—the Council of Supply Chain Management Professionals (CSCMP) seeks to provide some guidance on what companies can expect for the first year of the second Trump Administration.

Keep ReadingShow less