Zim Joins Likes of 2M Alliance, In part

Announced early this week is a slight change to one of the three largest carrier alliances, 2M.  2M, founded by Maersk and MSC and also including Hyundai operate one of the three major carrier alliances for Asia/North America service.  2M accounts for roughly 20% of all capacity. Zim released news that they are teaming up […]

Cosco Hit By Ransomware! 

  Cosco hit by ransomware! This week, Cosco fell victim to a similar fate of Maersk from 2017, a ransomware attack on all windows machines.  The attack hit Cosco’s US network and has spread affecting operations in US, Canada, Argentina, Brazil, Peru, Chile and Uruguay. The attack caused problems for all technology based systems including

US Import Growth & Price Implications

2018 is off to a great start!  With Peak Season just around the bend, the U.S. import volume has grown 6.5% for the first half of 2018, up from 3.5% growth at the same time last year.  U.S. GDP has grown, retail sales are supported by e-commerce channels, manufacturing was stable and the economy overall