IST - News_GT Global Transportation Networkpage27

Costco bites the early off-hire bullet amid demand slump and tumbling rates

December 15, 2022 3993 Read More

The containership charter market correction has seen daily hire rates stabilise at levels roughly twice as high as those

Cathay Pacific November volumes dip, but better days are on the radar

December 15, 2022 5683 Read More

Cathay Pacific suffered a large decline in cargo volumes last month, but there are signs of an uptick for airfreight thi

Fleet-building HMM set to order nine methanol-powered 8,000 teu ships

December 15, 2022 5385 Read More

South Korea’s flagship line, HMM, has invited tenders from its four largest compatriot shipbuilders to build nine 8,000

FedEx LTL consolidation service will make returning retail goods easier

December 15, 2022 5070 Read More

FedEx is strengthening its grip on B2C e-commerce with a new returns service in the US.Next year it will roll out a lowe

Zim crew 'feared for their safety' on Pacific voyage on 'unseaworthy' box ship

December 14, 2022 4393 Read More

Crew onboard theZim Iberiahave written to their crewing agents asking for redeployment after they claim they “feared fo

CMA CGM restricts bookings to South China through January

December 14, 2022 8261 Read More

French liner CMA CGM has told customers it will restrict bookings for shipments due to arrive at ports in southern China

Broken supply chains mean no quick take-offs for freighter conversions

December 13, 2022 6154 Read More

Israel Aerospace Industries’ (IAI) conversion programme for Boeing 777s is behind schedule.The company recently reveale

Kuehne+Nagel and Vestas deepen partnership to support growing demand

December 12, 2022 8131 Read More

Facilitating direct deliveries of spare parts to the wind turbinesServing Vestas’s B2B platform for renewable energy pa

Vincent Clerc to take over as Søren Skou retires from the helm at Maersk

December 12, 2022 6211 Read More

AP Møller Maersk CEO Søren Skou is to retire in January, with CEO of OceanLogistics Vincent Clerc set to take over on

US railways signal possible shift in direction as headwinds gather

December 12, 2022 8885 Read More

Two activist investment groups have proposed investor resolutions at UP and Norfolk Southern (NS), calling on them to of

Wan Hai to scrap 10 older vessels as market turns

December 12, 2022 4189 Read More

Wan Hai Lines has become the first liner operator to take a big step to reduce its tonnage overhang.The Taiwanese compan

MNG Airlines looking for carrier acquisition targets as it eyes a SPAC merger

December 09, 2022 7177 Read More

Turkey's MNG Airlines is looking to acquire an airline in the US or Europe, it told potential investors yesterday.An

CULines quits Asia-Europe trade and pulls out of VSA with Antong

December 09, 2022 5001 Read More

The last sailing of the Asia-Europe Express (AEX) service run jointly by China United Lines (CULines) and TS Lines will

US heavyweights launch concerted drive for truck booking API standard

December 09, 2022 8994 Read More

Three large players in the US trucking arena have joined hands to steer towards an industry standard for online scheduli

No dramatic change to Ocean Alliance network, but capacity set to spike

December 09, 2022 5357 Read More

Ocean Alliance members CMA CGM, Cosco, OOCL and Evergreen will launch their Day 7 Product network adjustments on 1 Janua

Industry group demands more stringent emission targets for trucks in the EU

December 09, 2022 4500 Read More

Following the first journey of its long-awaited Tesla Semi last week, PepsiCo, with a group of 44 other firms, including

Liners are turning into tramp operators as they blank more sailings

December 08, 2022 8842 Read More

Ocean carriers are ramping up their efforts to halt the relentless erosion of container spot rates by blanking more sail

Sign of the times as world's largest boxship sails light on its maiden voyage

December 07, 2022 6533 Read More

The 24,004 teuEver Atoptransited the Suez Canal over the weekend on its maiden voyage to North Europe, apparently less t

NVOs can benefit as box lines struggle through 'years of pain'

December 05, 2022 4779 Read More

As shipping lines grapple with the challenges of overcapacity, new regulations and tanking demand, one forwarder executi

'A badass rig', says Musk, as Pepsi's first Tesla Semi hits the road at last

December 02, 2022 2695 Read More

The first of a fleet of long-awaited Tesla Semi electric cab-over-engine trucks has completed its maiden cargo journey f

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