A desperate Chittagong Port Authority (CPA) last week urged shippers to remove boxes from the badly congested port.
It wrote to shippers requesting they move containers quickly, as both the less-than-container load (LCL) and full-container-load (FCL) sheds are full.
Yesterday, …
German mid-sized 3PL Röhlig Logistics and US firm Penske Logistics have launched a new contract logistics joint-venture, Röhlig Penske Logistics, operating primarily in Germany and the Netherlands.
The companies, which have co-operated for a number of years, “serving shared customers …
Volume shippers offered new long-term fixed-rate contracts by container lines are, nevertheless, still keen to keep a foot in the door of the spot market.
The extreme volatility of the spot market saw many shippers get their fingers badly burned …
Property giants are scooping up logistics portfolios in anticipation of continuing clamour for warehouse capacity in a booming market fuelled by e-commerce.
CBRE Group, the world’s biggest industrial real estate player, is leading the charge with the $4.9bn acquisition of …
With the changes to post-Brexit border policies, pressure is set to intensify for UK importers next week as volumes begin to climb back, post-Christmas lull.
The first week of new import controls on EU goods saw a notable hitch when …
Australia’s Omicron wave has skyrocketed staff shortages in container logistics, putting the sector under “enormous strain”.
This week, local media reported bare supermarket shelves across the country, due to “up to half” of all truck drivers being absent from work, …
Atlas Air has ordered four 777 freighters, one to join the fleet in November and the other three arriving during through 2023 – and this year, it will receive the last four 747-8Fs to be made.
The carrier has money …
