Companies are reconsidering the concept of nearshoring to reduce transportation costs, improve supply chain management, and mitigate global event risks. Mexico stands to benefit, becoming a nearshoring hub

Mass disruption to global supply chains is forcing firms to rethink production and, in many cases, ‘reshore’ vast swathes of their business

The transport technology innovator is building a ‘digital freight network’ to automate every step of the shipping process

A host of technological, environmental and geopolitical challenges will test the resilience of the maritime sector over the coming decades

The deal marks the latest in a long line of mergers gripping the industry, and will see Cosco emerge as the world’s third largest shipping company

Indebted South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering has been thrown a lifeline with a substantial $2.6bn bailout package

Indebted South Korean shipper Hanjin has won court approval to close its European business

Set adrift by tough government policies, one of South Korea’s ‘too big to fail’ conglomerates has done exactly that. Now, public scrutiny has turned towards other chaebols

The Baltic Dry Index, an indicator for economic growth, has fallen to its lowest level in almost three decades due to collapsing oil prices and an oversupply of ships