Container spot rates continued to climb on the Asia-Europe trades this week on the back of strong demand and extremely tight capacity, in terms of both vessel and equipment availability.
Today’s Shanghai Containerised Freight Index (SCFI) published a rate of …

Air Canada (AC) was the first airline to remove seats and deploy passenger aircraft as freighters back in April, when Covid-19 lockdowns grounded fleets.
Now the airline is preparing to turn 767s into permanent freighters to establish main deck capacity …

Freight forwarders are beginning to withdraw operations from Northern Ireland amid increasing concern about the capability of UK customs systems to handle dual-tariff procedures post-Brexit.
Agency Sector Management (ASM) chairman Peter MacSwiney told The Loadstar two of his largest customers …

India’s airlines and airports need more international cargo to meet the country’s ambitious throughput targets, say stakeholders.
The goal for India’s airports is to handle 10m tonnes of cargo a year by 2027 – almost triple the current rate.
And …

Hapag-Lloyd recorded a net Q3 profit of $290m, up 73%, to take the carrier’s profit for the nine-month period to $605m, nearly double the $333m achieved the previous year.
However, the carrier’s most profitable quarter could be yet to come, …

A Volga-Dnepr AN-124 made an emergency landing at Tolmachevo Airport in Novosibirsk, Russia this morning, and suffered extensive damage.
The aircraft had made a technical stop at the airport, but returned immediately after take-off, overrunning the runway by some 200 …

LSCMS and global market intelligence firm IDC have released a comprehensive guide for use by governments, NGO’s, pharma and logistics companies and other stakeholders involved in COVDI-19 manufacturing and distribution.
Distributing COVID-19 vaccines will require the involvement of many parties …