Congestion is on the rise again across Northern Europe’s inland waterways, leaving shippers scrambling to retrieve their containers.
Barge operator Contargo’s congestion times spiked this week, with delays to Rotterdam services hitting a four-week high of 89 hours.
This is …
Global trade is alive and well – but the global health situation is continuing to distort trade patterns and creating uncertainty, two multinational forwarders said today.
Predictions are hard to make: will western economies start to embrace services over goods …
As Australia reprises its colonial past with a proposed free trade agreement with the so-called “Mother Country” – Britain – how material will this be in changing trade flows and associated shipping volumes?
Not even a rounding error.
Free trade …
“MPC Container Ships is pleased to announce that it has entered into a share purchase agreement to acquire Songa Container for an aggregate purchase price of USD 210.25 million on a debt and cash free basis. (…)” – MPC Container …
Shanghai authorities have suspended the land transport of containerised non-essential dangerous goods after two recent fires in the port.
The suspension will be in force until 2 July, and follows the most recent fire on 17 June, giving officials time …
Yantian International Container Terminal (YICT) says it will return to normal operations tomorrow, following weeks of disruption caused by an outbreak of Covid-19 among dockers at the port.
Operations fell to around 20% of capacity as the virus spread through …
Industry sources are painting a mixed view of the current air freight market, revealing pockets of congestion, but no real recovery from the (relative) slump seen in May.
In fact, Clive Data Services revealed that China-Europe lanes saw a 20% …
