HMM Sale 68B Deal to Transform Global Shipping Industry

HMM Sale 68B Deal to Transform Global Shipping Industry

HMM, the world's eighth-largest liner company, is up for sale again with an estimated value of $6.8 billion, drawing global attention to the shipping industry. The South Korean government's push to exit state-owned assets is the primary driver. HMM's substantial capacity, diversified business portfolio, and core competitiveness have attracted interest from multiple companies. This acquisition will profoundly impact the global shipping landscape, presenting both opportunities and challenges for shippers and freight forwarders. The final outcome remains to be seen.

USPS Opens Lastmile Delivery to Bidders Altering Logistics Sector

USPS Opens Lastmile Delivery to Bidders Altering Logistics Sector

The United States Postal Service (USPS) plans to open its last-mile delivery network, allowing various shippers to bid for access to its over 18,000 delivery points. This initiative aims to increase USPS revenue, enhance financial sustainability, and help retailers achieve faster delivery times. Experts view this as both an opportunity and a challenge, with the bidding process, pricing, and service levels being crucial factors. This move has the potential to reshape the express delivery industry landscape and intensify market competition.

01/15/2026 Logistics
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Guide to Avoiding Air Freight Volumetric Weight Costs

Guide to Avoiding Air Freight Volumetric Weight Costs

This article provides an in-depth analysis of international air freight cost calculation rules, focusing on the billing principles of volumetric weight versus actual weight. It offers a detailed breakdown of cost components, calculation examples, and a guide to avoiding common pitfalls. The aim is to help shippers effectively control logistics costs and mitigate potential risks associated with international air freight, especially regarding the impact of volumetric weight on the final price. Understanding these principles is crucial for optimizing shipping strategies.

Global Air Cargo Classes Streamline Logistics Cut Costs

Global Air Cargo Classes Streamline Logistics Cut Costs

This article provides an in-depth analysis of international air freight cargo classes, explaining their classification standards based on transportation priority, cargo hold type, and cargo attributes. The aim is to help cargo owners optimize logistics plans, reduce costs, and ensure the safe and timely delivery of goods. By understanding the nuances of cargo classes, shippers can make informed decisions to select the most suitable option for their specific needs, ultimately improving efficiency and minimizing potential delays or damages during transit.

Trucking Firms Thrive Despite Driver Shortage Surging Demand

Trucking Firms Thrive Despite Driver Shortage Surging Demand

The trucking market, impacted by the pandemic, is experiencing high demand and elevated freight rates, favoring trucking companies. The driver shortage remains a persistent challenge, while regulatory changes introduce uncertainty. With the peak season approaching, demand is expected to surge. Trucking companies need to optimize operations, and shippers should plan ahead. Monitoring market dynamics is crucial for navigating these challenges and capitalizing on opportunities. The current environment presents both potential profits and significant hurdles for all stakeholders in the logistics ecosystem.

Project44 Buys Convey for 255M to Boost Lastmile Tracking

Project44 Buys Convey for 255M to Boost Lastmile Tracking

Project44 acquired Convey for $255 million, aiming to expand its end-to-end supply chain visibility platform, particularly strengthening its last-mile delivery capabilities. Convey's technology helps shippers connect parcel and freight data, optimizing the final mile delivery experience. This marks project44's third acquisition this year, demonstrating its strategy to build a more robust supply chain visibility platform. The acquisition will integrate Convey's expertise in last-mile delivery with project44's existing capabilities to provide enhanced tracking and management for shipments.

01/19/2026 Logistics
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Trucking Industry Lobbies for Policy Changes in Washington

Trucking Industry Lobbies for Policy Changes in Washington

Led by the National Shippers Strategic Transportation Council (NASSTRAC), over ten shipper and carrier organizations will hold a lobbying event in Washington D.C. on February 1st. The initiative aims to highlight the importance of the trucking industry to policymakers and advocate for key issues. These include concerns about truck driver hours-of-service regulations, advocating for the expanded use of longer, heavier trucks, and improving the highway system. The goal is to enhance trucking efficiency and safeguard the nation's economic well-being.

01/20/2026 Logistics
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US STB Extends Comment Period on Rail Switching Proposal

US STB Extends Comment Period on Rail Switching Proposal

The U.S. Surface Transportation Board (STB) has extended the comment deadline for its “Reciprocal Switching” proposal, which aims to provide poorly served freight rail shippers with the option to access other rail carriers. The new proposal establishes three key performance standards: service reliability, consistency, and local service. It also requires Class I railroads to provide historical data on service metrics. Industry response to the proposal has been mixed, but there's general agreement that it's intended to improve the quality of rail service.

01/19/2026 Logistics
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New Predictive Freight Index Aims to Forecast Shipping Rates

New Predictive Freight Index Aims to Forecast Shipping Rates

Cowen and AFS have partnered to launch a freight index, forecasting LTL, truckload, and parcel rates. The inaugural index reveals an increase in truckload rates and a decrease in LTL weight. This index provides valuable insights into the current state of the freight market and offers predictive analysis for future trends. It aims to assist shippers and carriers in making informed decisions regarding pricing and capacity planning. The index will be updated regularly to reflect the dynamic nature of the logistics industry.

AFS Cowen Launch Predictive Freight Index for Market Trends

AFS Cowen Launch Predictive Freight Index for Market Trends

Cowen and AFS have jointly launched a forward-looking freight index. Leveraging AI and ML technologies, it forecasts trends in LTL, TL, and parcel freight rates. This provides decision support for investors, shippers, carriers, and logistics service providers, helping businesses optimize strategies, reduce costs, and improve profitability. The index allows stakeholders to gain a competitive edge and capitalize on opportunities in the rapidly changing market. It offers valuable insights for informed decision-making and proactive planning in the logistics industry.