DSV recently made a sudden move at its logistics center in Wilmer, Dallas, Texas, laying off 391 employees in one fell swoop, including front-line staff such as forklift operators, warehouse workers, drivers, and supervisors.It has been revealed that DSV has officially filed its layoff decision with

Recently, a consortium led by Vietnam National Shipping Lines (VIMC) and TiL—a terminal operator owned by Mediterranean Shipping Company (MSC)—officially secured the development rights for the Can Gio International Container Transshipment Port.For those following logistics in Southeast Asia, this

The standoff in the Strait of Hormuz is pushing a number of small and medium-sized South Korean shipping companies to the brink of collapse.According to the latest data from the Korea Shipowners’ Association, of the 26 South Korean-owned vessels currently stranded in the strait, 10 belong to eight

On April 13, Iran submitted an official document to the Legal Committee of the International Maritime Organization (IMO), systematically detailing for the first time the damage inflicted on its maritime sector by recent conflicts:39 merchant ships were sunk, 110 fishing vessels were damaged, and 20

At nearly 2 p.m. on April 9th, a submarine named "Hong Bum-tu" that was undergoing major repairs suddenly caught fire at the Hyundai Heavy Industries shipyard in Ulsan, South Korea.There were 47 people on board at the time, including shipyard employees and outsourced workers. When the alar