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

June 01, 2023 4379 Read More

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

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

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

April 24, 2023 4391 Read More

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

Improved Danube services link Asian and Europe ports with Ukraine

April 13, 2023 7948 Read More

More use of small shallow-draught terminals on the River Danube has freed cargo movements to and from Ukraine and opened

New port can boost Senegal economy, but connections must improve

April 12, 2023 7854 Read More

The new port of Ndayane may be DP World’s “largest” investment in Africa, but any hope of it helping unlock the conti

Chassis problems likely to flare up again when volumes rise, warns ITS

March 20, 2023 4867 Read More

The latest Port Rail Ramp Freight Index, produced by ITS Logistics, shows flows through US ports have returned to normal

Pier Wind project takes priority over lost volumes for port of Long Beach

March 07, 2023 3815 Read More

Losing traffic to ports on the east and Gulf coasts, America’s premier ocean gateway, the ports making up the Los Angel

Bulker briefly grounds in Suez Canal, prompting Ever Given flashbacks

January 10, 2023 3631 Read More

The world held its breath briefly today as a Greek bulk carrier,Glory, grounded close to the western bank of the Suez Ca

Australia to investigate soaring profits of container terminal operators

December 16, 2022 9070 Read More

Container terminal companies’ profit margins have soared since the start of the Covid-19 pandemic to levels not seen fo

National freight transport strategy to protect supply chains needed in Canada

November 25, 2022 7380 Read More

Ottawa is on the way to a more active role in Canada’s freight transport system as transport minister Omar Alghabra pla

Korean shipping lines promised billions in state support as profits fade

November 21, 2022 6471 Read More

South Korea’s minister for oceans and fisheries has assured the country's container shipping companies his ministry

Improved shipping reliability adds to retailer woes as more stock pours in

November 18, 2022 7261 Read More

Less congestion on the high seas has put additional pressure on some retailers, already struggling with too much stock.W

Florida shipper sues, claiming Maersk 'flouts the law to rake in profits'

November 15, 2022 4214 Read More

Ocean carriers are heavily discounting spot cargo from Asia as ‘top up’ for their much higher paying contract business

GXO eyes improved 'returns' as Clipper buy can boost reverse logistics offering

November 10, 2022 6888 Read More

GXO is focusing on hugely expanding its returns and reverse logistics offerings after completing the acquisition of UK-b

Project44 raises $80m for Scope 3 emissions-measuring platform

November 05, 2022 7753 Read More

CMA CGM and Maersk’s investment arm have invested in supply chain visibility platform Project44.In its latest round of

Another record profit for Maersk – but 'we are past the earnings peak'

November 02, 2022 4225 Read More

Maersk achieved a new record net profit of $8.9bn in Q3, but said it had “now seen the peak” in its “extraordinary ea

Rising Shipping Costs Prompt Businesses to Get Creative With Deliveries

October 25, 2022 3743 Read More

Rising shipping costs are primed to squeeze profits for businesses of all sizes this holiday season.Entrepreneurs and ex

What is the Cargo Booking Process?

September 19, 2022 5277 Read More

Check restrictionsSelect product and serviceMake bookingPrepare cargo and paperworkComplete Air WaybillDrop cargoTrack c

What is the procedure for Shipping Bill generation?

September 09, 2022 6729 Read More

The procedure for generating a Shipping Bill is as follows:The shipper has to register with the Customs with either thei

Railroads Reverse Years of Streamlining to Improve Freight Service

September 07, 2022 3647 Read More

Rail services reopen ‘hump’ yards that had been largely idled before the pandemic in the industry’s drive for efficiency

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