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Maersk Raises 2024 Outlook for Third Time Citing Demand and Uncertainty

Freight Demand Is Moderating Heading Toward the Fourth Quarter

Maersk Line to Electrify North American Operations With Swedish Trucks

Panama Canal Continues Progress Toward Normal Operations

Hits

Glut of new China-Europe capacity will depress airfreight rates

May 05, 2023 3458 Read More

Surging China-Europe air passenger services will only serve to further depress air freight rates, as the industry strugg

After 'strongest quarter of the year', Maersk will batten down the hatches

May 05, 2023 7650 Read More

Maersk says it expects Q1 to be the strongest quarter of the year and prepares for breakeven trading for the rest of 202

Acronyms-N

May 04, 2023 8328 Read More

n.e.m.:Not elsewhere mentioned (English)n.e.s.:Not elsewhere specifiedN.O.E.:Not otherwise enumeratedN.O.H.P.:

European hauliers stay positive, despite post-holiday rates fall

May 04, 2023 7335 Read More

Post-peak holiday blues are hitting European road freight rates “harder than usual”, but there seems some positivity a

MSC leads a standalone charge, but most carriers need their VSAs

May 04, 2023 4133 Read More

Ocean carriers are opting for more standalone services or slot-swop agreements, with capacity operated under vessel-shar

Acronyms-M

April 28, 2023 4975 Read More

M.M.:Mercantile marineM/R:Mate's ReceiptM/T:Metric Ton (2204 lbs.)M/V or M.V.:Motor vesselMafi:A generic term for a

GT NEW VIP Member-Globe Ground Shipping join as GT India VIP member

April 28, 2023 5719 Read More

Globe Ground Shipping is an experienced global freight forwarder located in India.We would like to introduce you that we are a professionally company providing complete logistics services for ocean freight，air freight，container handling,customs brokerage

GT NEW VIP Member-YEDAIAH INTERNATIONAL GROUP LOJISTIK LTD.STI join as GT Turkiye VIP member

April 27, 2023 4725 Read More

Yedaiah Logistics Company is one of the world's leading providers of supply chain solutions.With freight forwarding as our core activity, we have diversified into logistics, removals, project cargo forwarding and outbound logistics; complementary ser

Acronyms-L

April 27, 2023 7867 Read More

L.D.:Loss and damagel.t. or l.tn.:Long ton (2240 lbs.).L/C - Letter of Credit:A document issued by a bank per instructio

Cargolux posts $1.6bn record profit but warns of declining market

April 27, 2023 8284 Read More

Cargolux has enjoyed anther year of record results, posting a profit after tax for 2022 of $1.6bn, up from $1.3bn in 202

Acronyms-K

April 26, 2023 8931 Read More

K.D.C.L.:Knocked down in carload lotsK.D.L.C.L.:Knocked down in less than carload lots.KD Flat:An article taken apart, f

Boost for SAF as EU Parliament agrees mandate for aviation

April 26, 2023 6146 Read More

The EU has agreed ReFuelEU Aviation, a policy to increase the mix of sustainable aviation fuel (SAF) in aircraft from 20

Acronyms-J

April 25, 2023 4417 Read More

J.W.O.:Jettison and washing overboardJETSAM:Goods from a ship's cargo, or parts of its equipment, that have been thr

K+N, Primark and Bolloré all put a brave face on Q1 numbers

April 25, 2023 3412 Read More

The difficulty of presenting year-on-year changes in financial results is becoming ever more apparent, with Kuehne + Nag

Influx of capacity brings a 'new era' for air cargo markets

April 25, 2023 6715 Read More

New capacity in the passenger and freighter market is changing the parameters of air cargo this year.Different aircraft

Acronyms-I

April 24, 2023 3163 Read More

I.C.T.F.:Intermodal Container Transfer Facility, an on-dock facility for moving containers from ship to rail or truck.I.

Transpacific rates shoot up as carriers prop up GRIs with more blanks

April 24, 2023 4390 Read More

Container spot rates from Asia to the US west coast shot up this week, as carriers succeeded in implementing a good perc

TS Lines offloads more feeder vessels in 'fleet streamlining'

April 24, 2023 7304 Read More

The TS Lines ‘fire-sale’ of ships has continued with the sale of three mores, bringing the total to nine offloaded sin

Acronyms-H

April 21, 2023 5126 Read More

Harmonized Code:An internationally accepted and uniform description system for classifying goods for customs, statistica

Hopes of a transpacific turnaround as Q1 numbers come in

April 21, 2023 6336 Read More

The downturn on the transpacific, compared with the pandemic-driven boom of the past two years, is palpable as ocean car

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