Two Companies Apply for FMCSA Hours of Service Exemptions on the Same Day

In an unusual development, two private companies have separately applied to the Federal Motor Carrier Safety Administration (FMCSA) for long-term exemptions from the Hours of Service (HOS) regulations. Both applications, published in the Federal Register on June 30, request operational flexibility for drivers responding to emergency situations rather than routine freight movements. While HOS waivers […]

Maersk’s Return to the Suez Canal: What It Means for Global Shipping and Supply Chains

Maersk’s Return to the Suez Canal: What It Means for Global Shipping and Supply Chains

After months of rerouting vessels around the Cape of Good Hope, Maersk is preparing to send its first cargo through the Suez Canal since the start of the Iran war. According to reports from the Financial Times and Reuters, Maersk plans to send the container vessel Maersk Majestic through the Suez Canal and the Red […]

Oil Prices Stabilize: What It Means for Global Shipping

Oil Prices Stabilize as U.S.–Iran Peace Efforts Continue, Easing Pressure on Global Shipping

Oil Prices Stabilize as U.S.–Iran Peace Efforts Continue, Supporting Global Shipping Oil prices remained broadly stable on 3 July, as financial markets monitored ongoing diplomatic efforts between the United States and Iran. According to market reports, optimism surrounding continued diplomatic engagement helped ease immediate concerns over potential disruptions to energy exports and major shipping routes. […]

FedEx & CMA CGM

CMA CGM to Acquire FedEx Supply Chain in a $1.4 Billion Deal: Strengthening North American Logistics Operations

Global shipping and logistics group CMA CGM has announced an agreement to acquire FedEx Supply Chain, the contract logistics business of FedEx Corporation, in a transaction valued at $1.4 billion. The acquisition marks another significant step in CMA CGM’s long-term strategy of expanding its integrated logistics capabilities through its logistics subsidiary, CEVA Logistics. According to […]