Korean flagship carrier HMM will double the number of reserved slots for small and medium enterprises (SMEs) on its extra loader services from the end of this month, particularly those bound for the US west coast.
On that route, 600 …

The day started with a giggle when I bumped into a release from Deutsche Post DHL that accompanied the disclosure of Q2/H1 21 numbers and hit the wires, presumably, just moments before from the German behemoth.
In an interview with …

Quite simply, the logic for spinning off one business from another is that the original combined entity be worth less than its separated parts over time.
The sooner, the better.
Value 
In fact, the first days of trade when a …

PRESS RELEASE

– Hanson Logistics is one of the largest cold storage providers in the Midwest
– Acquisition includes a network of facilities strategically positioned to reach over 60% of the U.S. population
– The acquisition of Hanson Logistics is …

Airlines are switching European airports as severe staff shortages keep freighters on the ground for hours, while others are having to fly before they are fully loaded.
German and Belgian airports were said to be among the worst affected according …

Ocean carriers continue to shift tonnage from intra-Asia and north-south trades to more lucrative east-west routes, which is in turn driving freight rates up on these secondary trades, threatening the sustainability of global markets.
Alphaliner said its data showed transpacific …

Airfreight rates ex-China are soaring after Covid cases prompted the closure of Nanjing Airport.
Authorities are blaming “lax” procedures at the airport and, with another Covid case connected to a cargo worker at Shanghai Pudong, forwarders fear new crew restrictions …