Amid the Ever Given fallout, Asian shippers should expect a chronic container shortage, extended booking delays and more cargo rollovers at key transhipment hubs.
According to a Hong Kong-based forwarder, the week-long Suez blockage aggravated already stretched container supply chains.…
FedEx and TNT workers, thousands of whom across Europe face redundancy, say the merged express company failed to communicate plans and timelines for job cuts, creating a “stressful” situation.
But FedEx told The Loadstar the job cuts could take 18 …
Air freight volumes were slightly depressed in March, but anecdotally carriers are expecting a strong April – and that’s before any movement of distressed ocean freight.
The latest data from Clive Data Services shows that volumes in March 2021 were …
Maersk and Zim are set to increase Asia-US east coast capacity with a new standalone service in May.
Dubbed the TP23 service, it will deploy 10 vessels, of as yet undisclosed capacity, eight provided by Maersk and two from Zim.…
XPO Logistics has announced that Sandeep Sakharkar (pictured above) will become the chief information officer of GXO Logistics, the intended spin-off of XPO’s logistics segment.
Mr Sakharkar currently serves as XPO’s senior vice president of logistics technology and will lead …
Juxtaposition is the first natural step in any M&A search, followed by synergies led by geography and product musings and analysis, even more so nowadays as the asymmetry between demand and supply in deal-making is massive. Meanwhile the gap between …
Red hot and spicy.
It was tempting not to waste a second of Premium‘s time covering Mainfreight, but in the Easter egg we found a UBS note that could be worth three minutes or so of your own time, just …
