Ocean carriers are “taking advantage of the moment”, according to Alphaliner, boosting their balance sheets on the back of booming demand and all-time high spot rates.
Carriers are “surfing a wave”, said the consultant, but added that mid-term visibility was …

Maersk has completed its first airfreight charter after dumping the Damco brand last month.
It was the first of 11 charter flights for a tyre manufacturer in Thailand, with the cargo arriving in Nagoya, Japan, on Sunday.
Sasiphen Klaimanee, area …

The cost of trading in Northern Ireland is set to soar, post-Brexit – but claims that there will be food shortages have been dismissed as “scare-mongering”.
Director of the Northern Ireland Retail Consortium, Aodhan Connolly, last night warned that new …

Remember as far back as June – which in 2020 feels like looking back years rather than months – when Panalpina (PAN) was forced by its new bosses to give up its own freighter network? And all the finance people …

PRESS RELEASE:
MUMBAI, October 14, 2020: Kale Logistics Solutions (Kale), a trusted global IT solutions partner for several Fortune 500 companies worldwide for the Logistics Industry announced that it is now a member of Canadian International Freight Forwarders Association (CIFFA). …

The New Zealand Herald reports:
Shares in Mainfreight hit a record high after the company said its first half pre-tax profit is estimated to have leapt by 23.4 per cent to $102 million.
The global logistics company said it remained …

PRESS RELEASE: The acquisition is the second one during 2020 whilst opening in several new countries in Europe. Scan Global Logistics is expanding their footprint even though the pandemic has been disrupting the transport and logistics market.
Scan Global Logistics …