Unscrupulous forwarders in India are taking advantage of “desperate” shippers, using inside information from shipping lines to create a “black market” for spot bookings, it is claimed.
Container shipping’s worst-ever capacity crunch has led to skyrocketing freight rates and a …
Cargojet has found a way to extend its US network: acquiring 25% of North Carolina-headquartered airline 21Air.
21Air, a Part-121 carrier which operates five 767 freighters, provides charter, ACMI and CMI services to customers including Cargojet.
In its second-quarter earnings …
Hapag-Lloyd posted a net profit of $1.8bn for the second quarter of the year, compared with just $287m for Q2 20, and says it expects very strong earnings for at least the next three quarters.
Revenue was up 70%, to …
The British International Freight Association (BIFA) has launched an online training course to help prepare members and others to operate HM Revenue and Customs’ (HMRC) Customs Declaration Service (CDS).
CDS will replace CHIEF in a phased transition, ending in April …
The catchy headline from Seeking Alpha on Wednesday – “JP Morgan bucks second-half worries with transport picks” – reminds us that risk abounds, but also that opportunities are plentiful in transport and logistics (T&L).
How so?
In a nutshell, to …
BLOOMBERG reports:
Deutsche Post AG has joined the bidding for German alcohol logistics company Hillebrand, according to people familiar with the matter.
The German delivery group has entered discussions with Hillebrand’s owner, private equity firm Cobepa, about a potential acquisition, …
Dedicated 164,000 square foot facility open 24 hours for pickup with availability just hours after flight arrivals.
Chicago – August 10, 2021 – MIC Cargo, a portfolio company of Inoa Ventures Management, held a grand opening on July 27th for …
