ACE - News_GT Global Transportation Network -

Middle East Air Cargo Rates SOAR as Freight Reroutes to Trucks Amidst Airspace Chaos

March 10, 2026 5680 Read More

Dubai, UAE / Muscat, Oman – The global air cargo industry is in a frantic scramble, diverting crucial freight onto the region's highways as unprecedented flight disruptions and closed airspace ch

Middle East Airspace Disruptions Cut Asia–Europe Air Freight Capacity, Triggering Market Strain

March 05, 2026 8607 Read More

Air cargo capacity between Asia and Europe has fallen sharply after several Gulf airspace zones and major aviation hubs were forced to suspend operations due to escalating tensions in the Middle East.

Container Shipping Faces Years of Overcapacity and Depressed Rates, Experts Warn

November 04, 2025 9142 Read More

Seoul, South Korea- Ocean-going liner operators are facing a prolonged period of severe overcapacity and depressed freight rates, a challenging market environment that could persist for years, potenti

Asia-Europe Freight Market Braces for Rate War Amidst Capacity Surge

September 18, 2025 6008 Read More

London, UK - The Asia-Europe shipping route is increasingly showing signs of a brewing freight rate war, as an influx of capacity threatens to push spot rates even lower, despite what appears to be a

More Pain for US Importers as 407 New Metal Products Face 50% Tariffs

August 20, 2025 6405 Read More

The United States has significantly expanded its trade protection measures by adding 407 new product codes to the list of steel and aluminum derivatives subject to 50% additional tariffs, effective Au

Spot Rates Slide, but Forwarders Brace for "Hidden" Surcharges

July 28, 2025 7458 Read More

Container spot rates on both the transpacific and Asia–Europe corridors extended their losing streak this week, yet forwarders say the headline figures mask a new wave of carrier surcharges that coul

Forwarders Face Margin Uncertainty in 2025 Amid Volatility

June 20, 2025 4154 Read More

As we progress into 2025, forwarders find themselves navigating a landscape of financial uncertainty, with the lack of visibility making accurate forecasting challenging. This situation is further com

US Exporters Face Shockwave: Trump’s $1.5M Chinese Vessel Fee Could Double Costs

March 04, 2025 3302 Read More

US exporters are confronted with the prospect of their costs doubling if the Trump administration goes ahead with its plan to levy a $1.5 million fee per port entry for vessels built in China.Followin

Charleston Moves to More Than Double Space at North Container Terminal

March 22, 2024 3850 Read More

SC Ports which operates the Port of Charleston, South Carolina announced plans for a major expansion that will more than

GT NEW VIP Member-PACE LOGISTICS join as GT Pakistan VIP member

October 10, 2023 3331 Read More

We here to announce that PACE LOGISTICS join as GT Pakistan VIP member.

Record blanking as supply races ahead of demand in container shipping

September 13, 2023 4707 Read More

A perfect storm of newbuild containership deliveries, weakening demand and a dearth of scrapping candidates is throwing

Transpac rates head north as carriers face Panama Canal restrictions

June 09, 2023 4728 Read More

Transpacific spot rates from Asia are set to spike as a consequence of industrial action at US west coast ports and Pana

Evergreen and Wan Hai face up to bearish market as profits tumble

June 01, 2023 4441 Read More

Evergreen and Wan Hai chiefs admitted yesterday that the continuing Russian war on Ukraine meant revising the shipping m

MSC and CMA CGM way ahead in box fleet-building race

May 18, 2023 8833 Read More

MSC’s phenomenal growth over the past two years has largely been driven by acquisition of second-hand containerships, w

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

April 25, 2023 3489 Read More

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

Zim faces redeploying nine box ships as it axes transpacific loop

November 22, 2022 7136 Read More

Zim has suspended its Asia US east coast ZSE express loop, with the last sailing performed by the 5,936 teuIan Hfrom Tan

Ro-ro market rebounds as rates double and vessel space is at a premium

November 21, 2022 5942 Read More

As the container shipping bonanza comes to an end, the ro-ro market has come alive, with full ships, spot rates in the s

Shippers face a 'stick or twist' contract choice as economies flounder

November 17, 2022 3354 Read More

As Europe’s contracting season approaches, shippers and forwarders are considering their options for the forthcoming ye

Forwarders face problems accessing critical TSA platforms for air cargo security

August 16, 2018 512 Read More

Sniffer dogs are straining at the leash to reinforce air cargo security in the US. On the other hand, the dearth of funding for the Transportation Security Agency (TSA) is about to make life more difficult for forwarders, as the agency's interface