66% of logistics pros say talent quality — not cost — is the #1 factor in choosing a nearshore partner. Rapido's integration model explains why that's the right question to be asking.
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A suspected Iranian drone attacked an Israeli-owned container ship in the Indian Ocean amid the ongoing conflict with Hamas in the Gaza Strip, according to U.S. defense officials. The attack occurred as a temporary ceasefire has enabled a prisoner swap between Israel and Hamas, with 13 Israelis and seven foreigners exchanged for 39 Palestinians. The CMA CGM Symi, managed by Singapore-based Eastern Pacific Shipping, sustained damage but the crew remained unharmed. This incident is part of a series of attacks and hostilities in the region, reflecting the tense geopolitical climate and the escalation of a shadow war between Israel and Iran.
Breaking #Israeli-owned container ship reportedly hit by an #Iranian suicide drone in the Indian Ocean, following the recent hijacking of a partly-Israeli owned ship by Houthi rebels in the Red Sea. pic.twitter.com/KBE7RHpCo7
Plus, the offshore dispatchers your safety score can't catch, why Hormuz stays closed even after the war ends, what Triumph Financial's invoice volumes say about where freight is headed, and more.
Plus, Super Ego fires back at 60 Minutes, China tells Maersk and MSC to exit Panama ports, New York loses $73.5 million over non-domiciled CDLs — and more in today's newsletter.
South Korea is offering multi-billion-dollar investments in U.S. shipbuilding to avoid 25% tariffs, aligning with Washington’s push to counter China’s dominance in global shipbuilding.
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