We may have reached the bottom, if analyses by Clive Data Services, Freightos and major banks are correct.
Air cargo volumes, which fell rapidly in March, improved in the second half of last month.
But although April volumes were down …
The Suez Canal Authority (SCA) is set to lose over $10m in revenue from container lines routing vessels via the Cape of Good Hope rather than its waterway.
According to new Alphaliner research, “the number of containerships that have opted …
Shipping lines have realised the benefits of consolidation during the coronavirus crisis, with the sector seeing a “new competitive landscape”.
According to Lars Jensen, CEO of SeaIntelligence Consulting, carriers’ ability to control capacity is better than ever, since there are …
Hapag-Lloyd expects a “solid recovery” for all of its liner trades this year and into 2021, but short-term, the outlook is uncertain, it said today.
“One can only speculate on where we are going to be in four or eight …
US-based Expeditors, considered a bellwether for forwarders in terms of financial performance, performed “relatively well” in a first quarter that saw volumes decline across all its business lines.
The company last night reported a 6% year-on-year decline in first-quarter revenue …
I’ve been busy over the last few days digesting the feedback from trusted Toll Group insiders to understand how precarious the situation is at the Australian logistics firm following the latest ransomware hacking. Lucky me.
The good news first: three …
NORTHAMPTON, UK – 6 May 2020 — XPO Logistics, a leading global provider of supply chain solutions, has added a new “points of interest” GPS-based map function to its Drive XPO mobile app for truck drivers. XPO accelerated development of …
