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ocean freight carriers
Trends
- 1Shipping lines set higher ambitions for rail freight▼Beyond the ocean: Shipping lines’ higher ambitions for rail freight
Ocean shipping companies are looking beyond maritime routes and setting their sights on expanding rail freight operations. Industry publication RailFreight.com reports that container shipping lines are pursuing higher ambitions on the rails, suggesting carriers see combined sea and land logistics networks as key to future growth. The development points to growing interest in integrated overland transport corridors.
- 2Pan Ocean and Korea Line Win $123.6m POSCO Shipping Contracts▼Pan Ocean, Korea Line Win $123.6m POSCO Flow Contracts - News and Statistics
South Korean shipping companies Pan Ocean and Korea Line have won contracts worth a combined $123.6 million from steelmaker POSCO. The deals relate to POSCO's flow, or long-term freight, contracts covering the transport of raw materials. The agreements reinforce POSCO's practice of securing dedicated shipping capacity with Korean carriers for its steel logistics.
- 3Maersk expands its US logistics business beyond shipping▼Not just ocean: How Maersk grew its US logistics capabilities
Maersk, better known as a global ocean shipping line, has been building out its logistics operations in the United States, covering warehousing, inland transport and supply chain services. The company is positioning itself as an end-to-end logistics provider rather than a carrier moving containers alone, part of a broader strategy among shipping lines to diversify beyond volatile freight markets.
- 4Asia–UK ocean freight market braces for volatile October●Asia–UK ocean market faces volatile October as capacity shifts
Shipping between Asia and the UK is heading into an uncertain October as carriers adjust vessel capacity on the route. Freight rates are expected to fluctuate through the month as capacity shifts ripple through the market, leaving shippers and forwarders facing unpredictable pricing and limited visibility on booking conditions heading into the final quarter.