Shippers from Asia to the UK container hub port of Felixstowe are being quoted rates of over $5,000 per 40ft, which is five times higher than the current spot rate for North Europe.
A forwarding source told The Loadstar today …
The seemingly insatiable appetite of US consumers for online shopping is powering Amazon to new heights.
The e-commerce giant reported a 37% jump in revenue for the third quarter, to $96.1bn, with operating income soaring to $6.2bn, up 93.7% year …
IAG Cargo today announced its third-quarter results, reporting commercial revenues of €302m ($353m) from 1 July to 30 September, an increase of 14.1% on the same period in 2019, at constant currency.
Overall yields for the quarter were up 113.4% …
Flexport is ramping-up efforts to mitigate its carbon footprint by joining a cross-industry collaboration to develop carbon removal technology.
Online payment platform Stripe this week launched Stripe Climate, which uses its payment system to allow online businesses to contribute funds …
Swissport International has relocated its ground services and cargo business from Berlin Tegel and Berlin Schönefeld to the German capital’s new Berlin Brandenburg Airport, and will start operations tomorrow.
With the move, the company is also expanding its total cargo …
The return of guardian angel industry veteran Chris Lewis to the port of Felixstowe next week cannot come soon enough for the beleaguered UK container hub port.
Not only are carriers levying congestion surcharges on embattled shippers using the port, …
Sinotrans, China’s most prominent logistics services provider quietly reported its third quarter (Q3 ’20) update this week, which almost passed unnoticed everywhere.
What nobody has missed though, are stories like these: “As Covid persists and US election nears, China growth …
