Airlines and forwarders are hoping the congestion and chaos sweeping through airports across Europe and the US “is reaching its peak”.
The Loadstar has received numerous reports of delayed or lost cargo amid chaos at handling facilities, with the latest …
As the epic congestion at the largest marine gateway complex in the US shows no signs of abating, container lines are looking increasingly for west coast alternatives and are diverting vessels, or changing the order of port calls.
Transpacific sailings …
US marine regulatory agency the Federal Maritime Commission (FMC) is to order container lines serving Los Angeles, Long Beach and New York, and box terminal operators in the same ports, to explain how they calculate detention and demurrage charges.
FMC …
Have there ever been as many brackets, denoting year-on-year declines, as there will be in airlines’ financial results this year?
And the numbers are big: Air France-KLM has just announced its 2020 results, which make for rather sobering reading.
Its …
As rainmakers are increasingly busy making sense of pro-forma investment tie-ups in logistics, we have often thought takeover under the assumption that only the most aggressive asset-light M&A leader worldwide, DSV Panalpina ($41.5bn market cap), will soon show us where …
UBS released a note to clients today in which it shared its “optimistic view on the freight cycle & XPO initiatives in 2021”.
It added:
“On Wednesday afternoon we hosted a fireside chat with XPO’s CEO Brad Jacobs and the …
Six global forwarders will ultimately determine the rates paid to airlines by Unicef for vaccine distribution.
Yesterday, 16 airlines announced they had signed MoUs with Unicef to support its global vaccination plan.
The agreements, which last five years, do not …
