Cargolux made a record-breaking profit in 2020: net profit after tax was $768.7m, nearly four times higher than its previous record in 2018, with revenues at $3.17bn.
The 50-year-old carrier has never had such a strong balance sheet – lined …

Yours truly owns two motorbikes (three if you include a scooter) and a small French hatchback, which needs to be replaced.
The imminent arrival of a second child means our family needs a bigger, preferably German, car which must be …

The smouldering wreck of the X-Press Pearl has settled onto the ocean floor after water flooded the engine room, according to the latest information from its owner’s spokesman.
Even though the aft of the vessel had settled on the seabed, …

Shippers using the North Atlantic tradelanes are getting a taste of what their counterparts on the transpacific have been dealing with for some time.
Westbound pricing is rising sharply in response to a combination of robust demand and equipment shortages.…

Maersk Line has confirmed that a failure of its booking systems was not due to a cyber-attack, but rather the result of a technical failure.
The Danish carrier’s booking site has been down for several hours today, preventing customers from …

Skyrocketing freight rates across major tradelanes are eating into retailers margins and making the transport of some commodities unsustainable.
According to an analysis by Sea-Intelligence, average spot rates, together with carrier premium fees – that have become essential in order …

Export operations resumed at Shenzhen’s port of Yantian on Monday, but a 20,000 container backlog and slow productivity means at least another week of delays.
The past 48 hours saw a raft of schedule omissions, with ONE announcing 12 of …