Littlejohn & Co. Becomes Magnate Worldwide’s Majority Shareholder

January 3, 2022

As Magnate Worldwide continues to execute its strategic plans, this is the next step to accelerate its growth. (Portland, OR) – Magnate Worldwide is pleased to announce that it has been acquired by Littlejohn & Co., a private equity investor with a long track...

Update: South China Adds to Capacity Issues

December 15, 2020

Due to COVID-19 quarantine requirements, feeder operators have announced their services to be suspended from mid-January to the end of February 2021. Carriers such as MSC, ONE, Hapag-Lloyd, and Hamburg-Sud have officially announced the suspension of feeder service....

Update: Ocean & Air Markets + Supply Chain Security

December 10, 2020

TPEB Ocean NORTH & CENTRAL CHINA Most carriers have extended their rates until December 14, however, due to ongoing space and equipment shortages, carriers released a premium surcharge at USD1500-2500/FEU, in order to protect regular cargo flows, and limit FAK...