News

04.05.2020

No stopping sky-high air cargo prices on ex-China routes

Sustained demand for personal protective equipment from coronavirus-hit countries and air cargo space constraints is driving up rates on the major trades. Photo credit: Shutterstock.com. Air […]
04.05.2020

Logistics automation incentives switch from cost-cutting to value addition

Automation is a scary word, never more so in a time when reduced demand for products is inducing cost-cutting at many organizations, but the drivers for […]
04.05.2020

JOC Rankings: US-China trade war accelerates market share losses for West Coast ports

The combined import-export market share of the ports of Los Angeles and Long Beach (pictured) has fallen from 26.5 percent in 2015 to 22.9 percent in […]
01.05.2020

Blankings, imports boost trans-Pacific spot rates

NVOs expect this week’s spike in imports to be followed by declining volumes in May and June. Photo credit: Shutterstock.com. Spot rates in the eastbound trans-Pacific […]
01.05.2020

Container cargo imbalance from COVID-19 deepens

Cargo has been steadily building up in warehouses, port terminals, and inland depots during the lockdowns, according to forwarder association FIATA and insurer TT Club. Photo […]
01.05.2020

Ro-ro shipper Caterpillar idles 25 percent of operations on COVID-19

A Caterpillar Challenger tractor prepares a Ukrainian field for spring sowing. Photo credit: Orest lyzhechka/Shutterstock.com. A quarter of Caterpillar’s global manufacturing operations were shut down as […]
01.05.2020

Smoother trans-Pac contract talks signal evolving carrier-shipper dynamics

According to multiple sources, trans-Pacific container contract negotiations in 2020 have been far less confrontational than usual, as the high-stakes brinkmanship seen in previous years has […]
01.05.2020

Higher margins elude Asia air freight forwarders

The high cost of charter flights is further reducing profit margins on the east-west air trade. Photo credit: Shutterstock.com. Soaring air freight rates out of Asia […]
01.05.2020

Gulf resins, ag shippers to benefit from new Evergreen service

Evergreen’s weekly Caribbean service will expand export opportunities for shippers of resins, poultry, forestry and agricultural products. Photo credit: Shutterstock.com Evergreen Marine Corp. this week launched […]
30.04.2020

Wind propulsion piques interest of MPV, ro-ro carriers

French shipowners are planning two wind-assisted propulsion ro-ro carriers with designs based on traditional sailing ships. Photo credit: Mauric. Wind power is gaining favor with multipurpose […]