Due to falling water levels, some key sections of the Rhine are expected to be unnavigable from August 12, which may further tighten the current situation in Europe.

The EU embargo on Russian coal imports came into effect on 11 August after the agreed midnight deadline for the transition period.

Kuehne+Nagel announced that it has locked in a significant amount of next-generation biofuels that could reduce CO2 emissions by 40,000 TEUs

Negotiations to avert a strike at the Port of Felixstowe, the UK's largest container port, broke down on the evening of the 9th at ACAS Mediation Services, local time in the UK. 21-28 August strikes are inevitable and the port faces a shutdown, a move that will have an impact on international seaborne trade in the region, in addition to logistics and transport in the area.

MSC said that it will continue to develop the sea-rail combined transportation business in other inland provinces in China, penetrate deep into the business locations of inland customers in China, and provide more diversified products and services.

UPS is acquiring Bomi Group from health care investment firm ArchiMed. The deal will add temperature-controlled facilities in 14 countries and nearly 3,000 highly skilled Bomi Group team members to UPS.

OOCL has confirmed the launch of its new A3 Express Loop (A3X) service, designed to provide a express loop between China and Australia. The A3X service, which will connect Shanghai and Shekou in China with Brisbane and Sydney in Australia, the first sailing will begin from Shanghai with the ETD on May 31, 2022.

Four airlines have suspended flights from the U.S. back to China. So it seems that sellers who take US air freight may be affected more, and the air freight rates is afraid to rise.

Recently, DHL announced that it will reopen its business in Ukraine, but will withdraw from the Russian domestic market from September 1.

Maersk announced on August 5 that it has reached an agreement to acquire Martin Bencher Group, a project logistics company based in Denmark, and will launch a new service offering, Maersk Project Logistics.