International

Giant US integrator UPS has agreed to sell its UPS Freight division to Canadian transport and logistics operator TFI International, for $800m.

There are calls for an urgent review of container lashing practices and stack height restrictions after another box ship lost a huge number of containers in the Pacific Ocean.

The Ocean Alliance is set to increase capacity on its global deepsea services by around 9% this year.

Canada’s port of Hamilton is preparing for rising cargo traffic with the development of an intermodal satellite hub.

A very strong fourth-quarter 2020 operational update from OOCL is an indicator of the rich vein of profitability enjoyed by the liner industry since the middle of last year, despite the pandemic.

Sky-high airfreight rates and the global container shortage are driving demand for less-than-container load (LCL) shipping services.