Hapag-Lloyd’s shiny H1/Q2 ’20 results released today include several record readings that, in common with freight forwarders elsewhere in the supply chain, were somewhat unexpected yet temporary. Nonetheless, the numbers prove that Covid-19 was a boon for those who knew …

A key indicator of the health of the container shipping industry, Alphaliner’s fortnightly idle tonnage report, has recorded a further sharp drop in inactive capacity.
As of 3 August, another 49 ships, with a total capacity of 350,000 teu, had …

Russian carrier S7 Airlines is getting into the freighter business with two Boeing-converted 737-800s.
Leased from Gecas, the aircraft are expected to enter the fleet in November and January on medium- and short-haul routes.
The Siberian airline currently operates 96 …

If you are looking for free, accurate and up-to-the-minute data on transport capacity and rate changes, it’s now possible.
Xeneta and Zencargo have launched a free collaborative dashboard to help companies track trends, as Covid continues to up-end planning.
The …

Apple supplier Foxconn has told investors that nearly one-third of its production capacity is now outside China, a figure that will keep growing, according to Nikkei Asian Review.
Chairman Young Liu said a global trend of two market groups is …

Fred Smith, chairman of FedEx, has written to shareholders about the “challenge and change” at the company – and has outlined why FedEx broke with Amazon.
“It was the correct decision to end these contracts — which were not long-term …

You read it here in the FT’s key stats section:
“DSV Panalpina A/S (DSV:CPH) set a new 52-week high during today’s trading session when it reached 944.40. Over this period, the share price is up 52.62%.”
A bit later, a …