The German commercial vehicle manufacturer Quantron finds itself in a severe financial crisis, prompting the Augsburg Court to initiate provisional insolvency proceedings. The company’s future appears uncertain.

Shipping lines are attempting to increase spot rates for container freight, but according to Xeneta, European importers shouldn’t be intimidated. The market intelligence platform reports that the general market trend remains downward, despite the carriers’ efforts.

The annual Global Supply Chain Leader Survey by McKinsey reveals that in 2024, supply chains continue to face vulnerabilities, despite progress since the previous year.

In the final week of October 2024, average spot rates for container shipping have started rising again after three months of decline, showing a double-digit increase on the route between Shanghai and Genoa.

CMA CGM will strengthen the container terminal at the port of Nador, located on Morocco’s Mediterranean coast, in collaboration with Marsa Maroc. The goal is to achieve an annual handling capacity of 1.2 million TEUs.