Canal revenue increased 8%-10% in the first five months of its fiscal year 2026, which started in October, compared to the same period a year earlier. The canal saw a record $5.7 billion in FY 2025.聽
March 6, 2026Search
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Maersk Suspends More Container Services on Middle East Risks
Maersk will temporarily halt its FM1 Service, which connects the Far East to the Middle East, and its ME11 Service, which links the Middle East to Europe, according to a聽notice聽to customers on March 6.
March 6, 2026Strait of Hormuz Shipping Is at Near-Total Halt
A review of shipping signals have confirmed only two commercial transits in the past 24 hours, the Joint Maritime Information Center said in a聽note聽on March 6.
March 6, 2026CK Hutchison Port Sale Plan Stalls Ahead of Trump-Xi Meeting
CK Hutchison's plans to sell its global ports are at an impasse a year after the deal was announced, with hopes pinned on a meeting between Donald Trump and Xi Jinping to yield a breakthrough.
March 6, 2026Amazon Web Outage Strands Customers
Amazon.com's website and mobile app malfunctioned for some users March 5, with critical features like product listings and checkout options producing error pages.聽
March 5, 2026USPS Taps Restructuring Advisers Amid Cash Crunch
The Postal Service hired consulting firm Alvarez & Marsal in recent days to develop a plan, Postmaster General David Steiner said March 4 in an interview.
March 4, 2026Shippers and Oil Traders Seek Details on Trump鈥檚 Convoy Plan
With ships unable or unwilling to transit the Strait of Hormuz, producers cannot export,聽supertanker聽costs are skyrocketing and storage at many Persian Gulf refineries is filling up fast.聽
March 4, 2026Kuehne + Nagel to Cut 2,000 Jobs as War Pressures Markets
The conflict in the Middle East creates additional unknowns. 鈥淭he whole issue of supply chain reliability will become more important,鈥 CEO Stefan Paul told journalists on March 3.
March 3, 2026Containership Giants Move Freight Away From Gulf Hot Spots
Some carriers are canceling bookings temporarily, skipping some port calls, warning of delays and implementing surcharges to transport containers through the conflict zone.聽
March 2, 2026Maersk Ground Freight to Open Up to 7 More Facilities in 2026
Currently, Maersk operates 65 ground freight facilities in the U.S. The next terminals to open will be smaller than the Fontana site, the spokeswoman said.
February 27, 2026