FORBES writes:
One would think that the worldwide “stop the world” moment would have totally collapsed China trade. It hasn’t.
The world still needs China, and still relies on China.
Their trade balance for the month of May hit a …

The scheduled airline air cargo industry does not need a revised business plan, it needs a completely new business model.
In this concluding white paper from SASI, re post Covid-19 recovery, I would like to start with a brief recap …

Online electricals retailer, AO has opened a new distribution warehouse in Crewe, its third in the town, to make sure its growing number of customers get what they need when they need it.
The new warehouse adds a further 110ksq …

ECU Line of India (NSE: ALL CARGO) and FM Logistics of Malaysia (KLSE: FREIGHT) have joined NVO2 (www.nvo2nvo.com) selling neutral LCL services.
ECU Line, arguably the world’s leading neutral LCL provider, commences with offering services across the Pacific whilst FM …

CMA CGM moved back into the black in the first quarter, thanks to the sale of terminals, and the carrier remains bullish about the outlook despite the impact of Covid-19 on its liftings.
The French transport and logistics group recorded …

Fraport, operator of Frankfurt Airport, is to cut up to 3,000 jobs, according to a report in German paper DVZ.
While Fraport has yet to respond to the claims, DVZ claimed that some 14% of jobs at the operator were …

South Korean carrier HMM’s latest ULCV, the HMM Algeciras, which at 23,964 teu is the world’s largest boxship, made its maiden call at Hamburg yesterday, exchanging some 13,600 teu in a single call.
The fate of the vessel remains unclear …