News

01.08.2019

Slim summer pickings for air cargo as demand tumbles

It looks like there will not be much to load on cargo planes over the next few months with the market taking a deep downturn. Photo […]
01.08.2019

MPV/HL owners face bleak financing environment

The specialist nature of heavy-lift and multi-purpose vessels — particularly when they’re exposed to the whims of commodities markets — make them more of a financing risk than […]
01.08.2019

India’s JNPT terminals ink truce on rail operations

JNPT, which includes the Nhava Sheva (India) Gateway Terminal, handles the bulk of India’s containerized freight, with fiscal year 2018-19 throughput hitting an all-time high of […]
31.07.2019

Carriers get reprieve on new India manifest rule

Those who violate India’s new filing rules for import and export manifests could face fines as high as almost $3,000 per violation. Photo credit: Shutterstock.com. Indian […]
31.07.2019

ONE shrugs off poor first year with Q1 profit

ONE sharply turned around its loss-making performance last year with a positive result in the first quarter of a new financial year. Photo credit: Shutterstock.com. Ocean […]
31.07.2019

DSV chief: Low rates will take sting out of IMO 2020

DSV reported after-tax profit of $315 million in the first half on the back of a 5.4 percent increase in revenue, to almost $6 billion. Photo […]
31.07.2019

More US projects get DOT’s ‘marine highway’ designation

The marine highway designation made by the Department of Transportation aims to remove trucks from the road by promoting the movement of cargo by barge. Photo […]
31.07.2019

Odyn buy boosts Turvo in logistics software space

Turvo’s acquisition of Odyn comes about nine months after it raised $60 million in venture capital funding. Photo credit: Shutterstock.com. The race to build software for […]
31.07.2019

Mexico enhances play as regional supply chain gateway

The value of cross-border US-Mexican trade by all transportation modes rose 4.6 percent to $54.5 billion in May, according to US statistics. Photo credit: Shutterstock.com. MEXICO […]
31.07.2019

One-third of LA-LB truck appointment slots unused: study

If truckers in Los Angeles-Long Beach improve on the current performance of more than one-third of the available appointment slots being unused each week, there would […]