AGP Executive Report
Last update: 6 hours agoMaritime Security: A projectile struck an oil tanker off the UAE near the Strait of Hormuz, renewing concerns over commercial shipping routes; Indian officials said all 19 crew members aboard a vessel attacked earlier were safe. Maersk: The carrier opened a 71,000-square-metre logistics hub in Montevideo as it confirmed a data breach involving a legacy system; hackers reportedly demanded $5 million. Parcel Rates: USPS plans average 5.9% increases on major domestic package services from Jan. 17, 2027, plus an 11% fuel surcharge. Freight Markets: Global air cargo volumes rose 9%, while Hapag-Lloyd will raise Far East–Europe rates from Dec. 1 amid industry debate over capacity and contracts. Logistics Investment: European freight platform sennder secured €228 million to fund growth, and GXO expanded humanoid robot trials in its warehouses.
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