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Europe’s biggest container lines want to phase out ships powered only by fossil fuels, they say in a proposal jointly made by Mediterranean Shipping Co., Maersk, CMA CGM and Hapag-Lloyd.

Ships sailing to European ports face a combined carbon emissions bill of $3.6 billion next year, the start of a levy that’s likely to rise as Europe steps up efforts to combat climate change.

Carriers like the U.S. Postal Service, FedEx and UPS Inc. have capacity to meet projected demand this holiday season, which is cheery news for shippers and shoppers alike.

The container shipping industry, after two years of record-high freight rates and slow deliveries, is seeing its boom become a bust due to oversupply following the COVID-19 demand highs.

The container shipping industry faces a few years of headwinds as low freight rates and widening geopolitical turmoil cloud the outlook, according to Hapag-Lloyd AG CEO Rolf Habben Jansen.

2022 saw an eastern shift in container shipping within the United States, while airfreight volumes dipped across North America.

On Oct. 30, Georgia Ports Authority CEO Griff Lynch highlighted expansion projects that will allow the Port of Brunswick to surpass Baltimore as the nation’s top port for automobile shipping as early as 2026.

In efforts to improve the supply chain system, U.S. port operators are utilizing advancements in infrastructure and technology to accommodate bigger ships and manage more cargo.

Despite enduring a cooldown in international trade, most of the world’s largest transportation and logistics providers continued to grow their ­businesses in 2022.

A.P. Moller-Maersk A/S, the maritime shipping giant that has been diversifying into land transportation, is betting that driverless trucks will help make deliveries more reliable.