Transnet declares force majeure at ports over strike
Transnet declared force majeure at its ports on Thursday, according to a document seen by Reuters, as workers began an open-ended strike...
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donavan626
- Oct 6, 2022
- 5 min
LAX solicits proposals for massive cargo redevelopment
LAX Airport’s long-anticipated modernization of antiquated
facilities aims to improve freight flows
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donavan626
- Sep 27, 2022
- 3 min
Hurricane Ian strengthens to Category 2 storm
The National Hurricane Center has upgraded Hurricane Ian to a Category 2 storm
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donavan626
- Sep 26, 2022
- 2 min
Another week of tumbling spot rates – here come the 'carrot danglers'
Container spot rate indices have recorded another week of double-digit declines for Asia-Europe and transpacific headhaul container rates.
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donavan626
- Sep 22, 2022
- 4 min
BigCommerce survey reveals what e-commerce shoppers want
eMarketer estimates that worldwide e-commerce sales in 2022 will exceed $5 trillion for the first time
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donavan626
- Sep 20, 2022
- 3 min
Fall in container spot rates ‘much steeper,’ ‘less orderly’ than expected
Global index down 44% over past 6 months but still 3.4 times pre-COVID average
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donavan626
- Sep 19, 2022
- 2 min
FedEx to ground aircraft after weak market forces profit warning
Logistics stocks faced a battering after FedEx withdrew its forecast, following an “earnings miss of epic proportions”.
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donavan626
- Sep 16, 2022
- 3 min
Rail strike averted by tentative deal
There will be no rail strike in the U.S. on Friday as the key unions and negotiators for the railroads have reached a tentative agreement.
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donavan626
- Sep 15, 2022
- 4 min
NVOCCs Caught in the Middle of Ocean Shipping Reform Act
NVOCCs are caught in the middle of the Ocean Shipping Reform Act of 2022 requirements for reporting demurrage and detention
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donavan626
- Sep 15, 2022
- 5 min
Here’s what you need to know about a potential rail shutdown in USA
If a nationwide rail shutdown comes to fruition this week as some experts anticipate, it could have disastrous consequences
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donavan626
- Sep 14, 2022
- 4 min
'Catastrophic' US rail strike could begin on Friday, as carriers prepare for shutdown
chances of an agreement in contract talks between US railways and labour unions appear increasingly slim
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donavan626
- Sep 13, 2022
- 2 min
Typhoon Muifa to shut China ports for second time in 10 days
Another typhoon has prompted the ports of Shanghai and Ningbo to close for the second time in 10 days
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donavan626
- Sep 7, 2022
- 2 min
Philadelphia Airport set to poach New York traffic as it signs up cargo partners
Philadelphia Airport is hoping to lure cargo from other east coast airports, particularly New York
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donavan626
- Sep 6, 2022
- 1 min
'Massive' typhoon disrupts ports and airports in Shanghai, Ningbo and Busan
Typhoon Hinnamor has forced the ports of Shanghai, Ningbo and Busan to close, further disrupting shipping schedules from Asia.
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donavan626
- Sep 2, 2022
- 2 min
Airfreight rates to grind lower despite high inventories
Airfreight rates are expected to “grind directionally lower” or remain stable compared with current levels
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donavan626
- Aug 31, 2022
- 2 min
Covid lockdowns return to key Chinese port cities
Covid lockdowns are ticking up in China again with neighbourhoods in key port cities such as Shenzhen and Dalian forced back home this...
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donavan626
- Aug 29, 2022
- 2 min
Sydney & Melbourne Dnata Ground Crew Voting On Strike Action
Talks between the company and the Transport Workers' Union
have stalled.
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donavan626
- Aug 25, 2022
- 2 min
FMC emergency order 'won't be enough' to ease congestion at US ports
A Federal Maritime Commission (FMC) emergency order “won’t be enough” to alleviate supply chain congestion in the US
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donavan626
- Aug 22, 2022
- 2 min
Drought and power shortages bring crucial factories in China to a standstill
As container prices from China head south, drought and power rationing has triggered the closure of factories
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donavan626
- Aug 18, 2022
- 2 min
Reefer rates bolstered by congestion, shortages and drought in key regions
Equipment shortages have helped prop up freight rates for reefers, even as dry container prices continue to decline
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