#Freight Forwarding
Fleet-Heavy Ocean Carriers Also Stuck With too Many Containers
Not only do ocean carriers have too many ships, they also have too many containers to fill vessels that are being deployed. In its latest Container Equipment Fore...
Air cargo’s rollercoaster ride set to end in 2024?
The air cargo rollercoaster ride of the last few years is looking like it could end in 2024 with “classic seasonality” set to return, although there coul...
AD Ports closes in on $2bn deal to buy Indonesia’s Meratus
Fast expanding AD Ports from Abu Dhabi is tipped to be finalising a deal to buy Indonesia’s top container shipping line, Meratus, in a deal thought to be worth...
MSC bolsters Italian rail position
Mediterranean Shipping Co’s (MSC) increasing focus on European rail is gaining speed. The world’s largest containerline has just formed a new co...
CMA CGM investing in US infrastructure to control its destiny
CMA CGM is the latest carrier to report on the challenging environment and the massive loss of revenues. According to a recent CNBC Supply Chain survey of logistics...
Maersk updates ocean services between the Far East and Africa
Maersk (Maersk) announced several updates to its ocean shipping services between the Far East and Africa today. Commencing from the first week of December, FEW2, FEW...
CMA CGM Profits Plunge as Container Shipping Market Normalizes
French shipping company CMA CGM saw a significant decline in profit during the third quarter of 2023, as the container shipping market continued to return to pre-pan...
First TIACA BlueSky community programme launches
The International Air Cargo Association (TIACA), Air Cargo Belgium and Brussels Airport have announced the first TIACA BlueSky community programme. This fol...
Cargojet to sell off new B757 freighters, pause 767 conversions
Cargojet, which operates a nationwide air cargo network in Canada for e-commerce express companies plus international services, is moving more aggressively to cap fl...
STATE OF FREIGHT Container rates hit $10,000 as ocean freight inflation soars in Red Sea crisis
With the Red Sea diversions by shipping companies including Maersk continuing amid the risk of attacks by the Houthis, global logistics managers are faced with a two...
Swissport opens air cargo terminal in Spain
Swissport is growing its cargo business in Spain with the opening of a new air cargo terminal at Zaragoza Airport. The new cargo terminal, which officially opened...
Record Wave of New Containerships Expected to Push Global Fleet Above 30 Million TEU
The global containership fleet is set to exceed the 30-million TEU mark for the first time in history in 2024, as a wave of new containerships hit the water, accordi...
Container market shows ‘no encouraging signs’ of recovery: HMM
HMM presented a grim assessment of the container shipping market Friday as the carrier reported a sharp decline in profitability with earnings continuing their seque...
Top 20 Cargo Airports: Hong Kong leads the way in a tough 2022
In the wake of Covid-19, other challenges are still hampering air cargo growth. But some of the world’s busiest airports are bullish nonetheless, and are backi...
Panama Canal queue grows 13% in the space of 24 hours
The number of ships waiting to transit the Panama Canal has leapt by 13% in the space of just 24 hours as drastic transit cuts kick in at the drought-hit waterway th...
03 November 2024
‘It’s all happening again.’ The supply chain is under strain
08 November 2024
Global Freight Rises But Shows Signs of Weakness in U.S.
23 Oktober 2024
Arctic Shipping Route to See First-Ever Panamax Containership
18 Oktober 2024