REUTERS reports:
Bitcoin, the world’s biggest cryptocurrency, fell as much as 14% to $51,541 on Sunday, reversing most of the big gains it made over the past week.
Bitcoin was last trading down 10% at $53,991 as of 1320 GMT, …

BLOOMBERG reports:
ESR Cayman Ltd. has agreed to buy a portfolio of warehouse and logistics assets in Australia from Blackstone Group for about A$3.8 billion ($2.9 billion) in the country’s biggest real estate transaction in five years.
The Hong Kong-listed …

Container spot rates are beginning to head upwards again across all trades from already elevated levels, as carriers reduce their commitment to contract volumes in favour of much higher FAK rates.
The Freightos Baltic Index (FBX) China-North Europe component edged …

Nearly a decade after it was first mooted, the joint IATA-FIATA Air Cargo Progamme (IFACP – previously called CAMP), by which forwarders stopped being ‘agents’ of the airlines, has been quietly dropped, with carriers and their customers unable to agree.…

European shippers have again renewed calls for the European Commission to review its competition policy regulating the liner sector, as they continue to face equipment shortages, restricted vessel capacity and sky-high freight rates.
Today the European Ceramic Industry Association, Cerame-Unie, …

The port of Montreal appears to be on course for another flare-up in the confrontation between management and labour.
The past few days have seen an escalation in the conflict, increasing shipper fears of another crippling slowdown in operations.
Tension …

Zim is extending its footprint in the fast shipping lane between Asia and North America.
By the end of the month, the carrier intends to start an expedited transpacific service from Taiwan and China to California.
It will deploy vessels …