The worldwide supply chain is constantly changing. As we continue dealing with the fallout of pandemic-related supply chain issues, fluctuations in prices, labour disruptions, logistic delays, and port congestion persist. We provide you with freight updates that include some of the latest industry news, helping to keep you on top of the dynamic global supply chain landscape.
Hapag-Lloyd is seeking to acquire ZIM, Israel’s largest container carrier, according to multiple media outlets, but the move is already running into resistance from ZIM’s workers’ committee, which has warned that the presence of Qatari and Saudi sovereign funds among the German carrier’s shareholders could pose a national security risk. Read more.
Light Speed Logistics has been placed under three court-appointed receiverships in a rapid series of rulings that hand control of the carrier’s cash, equipment and real estate to three different lenders. Read more.
Optimism about an economic lift at the beginning of 2025 has given way to the reality that the longest freight slump in memory has extended into a third year. Read more.
Canada will tighten the rules on steel imports and offer more financial help for lumber producers, aiming to stem losses in two industries targeted by U.S. tariffs. Read more.
U.S. President Donald Trump’s lead trade negotiator says the administration is considering breaking up the three-way free trade agreement with Canada and Mexico, moving toward separate deals instead. Read more.