Latest News Former OOCL chief Tung Chee-hwa dead at 89  US retailers expect September to be busiest month of year for imports Freightos founder questions company’s direction, pushes for changes MPV owners resist scrapping older ships in face of firm cargo volumes, rates Signs of slow freight demand growth surface in LTL sector More News ✕ More News & Analysis Former OOCL chief Tung Chee-hwa dead at 89  Tung took over running the family shipping interests, which included Orient Overseas Container Line and bulk operator Island Navigation, in 1982 following the death of his shipping magnate father, but immediately faced the fallout from a global shipping industry crisis. US retailers expect September to be busiest month of year for imports An already strong peak shipping season is forecast to end with a bang this month as vessel delays in China and draft restrictions along the Panama Canal push robust imports into early fall, the National Retail Federation says. Freightos founder questions company’s direction, pushes for changes The company’s pivot to focus on software applications in lieu of developing its freight marketplace has led to stagnation of the business and its share price, former CEO Zvi Schreiber asserts.