The report also found that global transportation costs have fallen below their long-term average thanks to lessening pressures on shipping, rail, air and road freight. 

A staggering 93% of chemical companies claim freight transportation and supply chain disruptions have affected them negatively.

Stefan Paul believes Kuehne + Nagel is well positioned to weather freight volatility and that a cargo recovery could begin as soon as the second half of this year.

Logiswift, the Dubai-based provider of a software platform for supply chain orchestration, has opened its first office in the U.S., in Houston, Texas.

The divide is the latest example of the challenges that strategies built on cross-selling and so-called one-stop shop shipping services face.

AEA, a New York buyout firm that traces its roots to the Rockefeller and Mellon family fortunes, had been working with Barclays Plc on the potential divestment of Scan Global.

A new set of regulations by U.S. Customs and Border Protection (CBP) promises to make it easier for smaller customs brokers to operate on a national scale. But they also carry a sting.

Earnings fell sharply in the second half of 2022, and its international freight-forwarding arm is exposed to competition from big global operators.

Prime Minister Rishi Sunak said on December 7 that he would bring in "new tough laws" to curb the impact of strikes as he criticized "unreasonable" union chiefs.