With shippers facing skyrocketing container freight rates and premium fees across main and secondary trades, ocean carriers are now pummelling their customers with a mass of equipment imbalance and intermodal surcharges.
The strategy of carriers is to get as many …

A continued dearth of capacity on the transatlantic has seen Delta launch daily cargo-only flights, while Geodis has announced an extension to its charter programme on the route.
Delta said today it would operate a 767-400 daily between New York …

At the risk of sounding like a broken record, maybe you missed it, but the unbeatable DSV Panalpina (DSV PAN) broke through the ceiling of Dkr1,100 on the stock market today…
… setting an(other) all-time record of Dkr1,119.5 ($179.1) in …

Ocean Network Express (ONE) is to launch a new weekly Europe – West Africa Service (EWX) to deliver a more efficient and comprehensive service network. The first voyage will commence in February 2021.

The post Ocean Network Express to launch …

As Atlas Air prepares to announce (presumably strong) third-quarter results tomorrow, the increasingly bitter battle with its pilots continues – out of the view of the keen eyes of investors.
Negotiations appear to have gone from worse, to even worse …

With the containership charter market virtually sold out across all sizes, MSC is continuing to expand its fleet with a series of opportunist boxship purchases.
It is thereby closing the capacity gap on its 2M partner, Maersk.
According to Alphaliner, …

Feeder vessel operators to and from Chittagong and the hubs of Colombo, Singapore and Port Klang are to slap emergency cost recovery surcharges (ECRS) on outbound and inbound shipments to Bangladesh.
The moves comes amid acute congestion at the hubs, …