News

The Federal Maritime Commission (FMC) recently settled two enforcement cases, collecting a total of $ 1,350,000 in civil penalties from a vessel-operating carrier and an NVOCC. Hyundai Glovis, based in Seoul, paid $ 1.3 m after allegations that it violated the Shipping Act by offering services outside its tariff rates and failing to publish all active tariffs for over a year, impacting multiple shipments.

We are delighted to welcome SC Cargo SAS, based in Cartagena, Colombia, as the newest member of Apollo Global Experts! Welcome aboard! We are excited to collaborate and build a strong, productive partnership. 🙌

We are delighted to welcome Sarex International Logistics & Foreign Trade, based in Mersin, Türkiye, as the newest member of Apollo Global Experts!

Frankfurt Airport (FRA) demonstrated consistent air cargo performance in October 2025, handling a total of 179,543 metric tonnes of cargo, including airfreight and airmail.

This figure reflects a slight year-on-year decrease of just 0.1%, underscoring steady trade activity at one of Europe’s leading logistics hubs.

Evergreen has announced a $2.8 billion investment in 14 LNG dual-fuel containerships, marking its second major order split between Chinese and South Korean shipyards. The 14,000 TEU vessels will be evenly divided, with seven ships each to be built by China’s Guangzhou Shipyard International and South Korea’s Samsung Heavy Industries.

After much speculation, CMA CGM and Eurokai have officially confirmed the deal: the French shipping giant is acquiring a 20% stake in the Eurogate Container Terminal Hamburg (CTH).

According to data from Xeneta, this growth occurred even as factors like higher tariffs and US trade policies reduced early shipping activity. Despite the volume increase, October was the sixth consecutive month of declining spot rates, which fell by 3% to $2.58 per kg. Contract rates saw an even steeper drop of 8% to $2.31 per kg, indicating caution from both freight forwarders and carriers.

Egyptian officials and major shipping lines are in discussions about resuming transit through the Suez Canal. This follows a period of significant disruption that caused many carriers to divert their vessels away from the vital trade route.

Sometimes, the best stories in logistics begin by chance — and that’s exactly how David Muñoz from Geoflux, based in Figueres, Spain, found his calling. What started as a spontaneous job application turned into a career that perfectly matches his dynamic and detail-oriented nature. Over the years, David has come to see logistics as a true craft — one that demands intuition, precision, and a human touch that no machine can replace. In this edition of Apollo in the Spotlight, he shares his journey, challenges, and what keeps his passion for logistics alive every day.

The Port of Tokyo achieved a milestone by handling 2.42 million TEUs in the first half of 2025, marking a 6.5% year-on-year growth, according to London’s Port Technology International.

Emirates SkyCargo transported 1.25 million tonnes of cargo in the first six months of the year, up by 4% compared to the same period last year. However, cargo yields decreased by 6% due to softening demand in some market segments amidst tariff concerns.

Air Canada has announced a significant drop in its third-quarter profits, a direct result of a costly labor strike that disrupted operations during the peak summer travel season. The airline reported a Q3 profit of $264 million, a sharp decline from the $2.04 billion earned in the same period last year.