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indicted liner chairman teo stands down from top industry jobs

Indicted liner chairman Teo stands down from top industry jobs

Embattled Singamas Container Holdings executive chairman Teo Siong Seng said today he would take leave of absence from his concurrent role as Pacific International Lines’ (PIL) executive chairman, after the US Justice Department (DoJ) indicted him for cartel-like behaviour with fellow container makers. On 19 May, the DoJ indicted Mr Teo (pictured) for allegedly colluding

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intermodal growth raises spectre of congestion at rail ramps

Intermodal growth raises spectre of congestion at rail ramps

Escalating trucking charges and tender rejection rates are boosting intermodal traffic in the US – but they also give rise to warnings of congested rail heads, which could trigger detention and demurrage charges. At a glance, intermodal traffic in North America is not having a stellar time. In Q1, aggregate volumes actually contracted 0.04%, to

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dsv ‘tranching’ clients yet ‘sheer lack’ of integration weighs – sources

DSV ‘tranching’ clients yet ‘sheer lack’ of integration weighs – sources

Ever since the early days of the DSV-Schenker integration a year ago, several Premium sources have shared insight about how the newly combined entity would try to manage its client book. To pull it off, consensus was, wouldn’t be “a stroll in the park”, one said at the time as the deal closed. Fast-forward And

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european commission opens in depth foreign subsidies investigation into jd.com’s proposed acquisition of ceconomy

European Commission opens in-depth foreign subsidies investigation into JD.com’s proposed acquisition of Ceconomy

DHL-JD.com deal formalises China-EU retail corridor as de minimis reforms reshape ecommerce  JD.com’s European expansion has moved into a more strategic phase, with DHL Group signing an MoU … China de minimis DHL EU Germany JD.com the ecommerce equation Transport intelligence (Ti) Feb 26, 2026• 0 Comments• Share  

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first movers will rewrite the economics of freight forwarding

First movers will rewrite the economics of freight forwarding

28/05/2026 There has never been a more significant time to run a freight forwarding business. The industry has always operated on thin margins and high headcounts. But the numbers are about to move, and the direction they move depends entirely on when forwarders decide to act. The economy has been stubborn for decades. Gross margins

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Carriers still chase ‘healthy deals’ for open tonnage despite smaller idle fleet

Photo: © Eq Roy 27/05/2026 Excluding ships caught up in the fracas in the Persian Gulf, the container shipping sector’s scheme for full employment appears to be working, with virtually none of the rest of the world’s 33m teu cellular fleet idle. In its latest round-up, Alphaliner counted just 59 (representing 189,285 teu) vessels out

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China-Australia ‘firm’ as surcharges support strong rates

Photo: © Yong hian Lim 27/05/2026 Maersk is looking to capitalise on the “firm” China-Australia lane with its latest “lean service” announcement. The Danish shipping line on Friday announced a new service serving the Greater China region to/from Australia. The Qilin service will link Shanghai, Sydney and Melbourne from 24 July and complement Maersk’s existing

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