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Carriers struggle to hold transpacific GRIs as rates come under pressure

May 08, 2023 6364 Read More

The transpacific mid-April GRIs imposed by carriers, ahead of the finalisation of annual contracts, are beginning to los

FMC says successfully disputed charges pass $1m landmark

May 08, 2023 5757 Read More

The US Federal Maritime Commission (FMC) said that, in the 10 months since the Ocean Shipping Reform Act (OSRA) was pass

GT NEW VIP Member-Limco Logistics Inc. join as GT USA VIP member

May 06, 2023 3725 Read More

When you think of import export, think of Limco Logistics, the trusted name for almost two decades. We are an International Freight and logistics service company and have been dedicated to serving the freight industry for quite a long time. Our headquarte

Glut of new China-Europe capacity will depress airfreight rates

May 05, 2023 3459 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 7651 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

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 4134 Read More

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

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

Boost for SAF as EU Parliament agrees mandate for aviation

April 26, 2023 6147 Read More

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

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

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

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

Hopes of a transpacific turnaround as Q1 numbers come in

April 21, 2023 6337 Read More

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

Leadership needed to drive maritime's climate technical fixes

April 21, 2023 2982 Read More

Green reports and initiatives reveal the need for leadership during the maritime transition to climate-friendly fuels an

Boxship demolition sales disappoint analysts as charter market booms

April 20, 2023 2677 Read More

The number of ageing containerships being sold for scrap this year is well below analysts’ predictions, the dearth of d

Boost for India's exports as global supply chain 'reorients itself'

April 20, 2023 7381 Read More

The first round of a $500-per-box general rate increase (GRI) on 29 March for India-US shipments has paid no dividends f

CMA CGM confirms takeover talks with Bolloré Logistics

April 19, 2023 7417 Read More

Sources had indicated that the ever-growing French group was planning a takeover of a major French logistics company and

Carriers hit by wave of rising costs rethink N Europe box port networks

April 19, 2023 3156 Read More

CMA CGM has announced that from15 May it will transfer its remaining vessel calls at the Polish port of Gdynia to the Ba

PCTC charter rates hit record highs as capacity stays tight

April 19, 2023 3030 Read More

It now costs a record $110,000 a day to charter a pure car and truck carrier (PCTC) for a year – a more than six-fold s

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