Forwarders have been running in high gear, often getting nowhere.
“Capacity and space is a disaster, and we are seeing massive swings in rates from five- to 20-times the normal level. We have made bookings and then been advised the …
Substantial price and capacity volatility in air freight and blanked sea freight sailings have pushed attention toward overland routes between Asia and Europe.
InstaFreight, a road specialist, is one forwarder offering trucking services across Eurasia and claims that, with congestion …
India’s 21-day coronavirus lockdown has caused severe cargo congestion at key ports and container freight stations.
As a result, Maersk, MSC, CMA CGM, Hapag-Lloyd and Cosco have all reportedly omitted calls at Jawaharlal Nehru Port Trust (JNPT) and Mundra Port, …
Ocean carrier fleet expansion is on hold as the liner industry fights for survival amid Covid-19 lockdowns around the world.
According to BIMCO chief shipping analyst Peter Sand, orders to shipyards have fallen significantly across all shipping sectors and comes …
5 minute read
Covid-19 has had immediate industrial consequences likely carrying long-term effects on our capitalistic society – which may, or may not, have changed forever when we eventually get out of the pandemic.
Hybrid solutions sought
This global health …
On 1 April, Toll Group CEO Thomas Knudsen sent a message to all employees at 5.40pm local time.
Part of it was leaked to the press: In a story headed “Toll Group CEO takes 40% pay cut” (link), The Australian …
We know how difficult the past few weeks have been. Global capacity has shrunk by 22% while in the past 6 weeks, air cargo rates have risen 13% week over week. Pricing and capacity shift. Quickly.
We’re here for you.…
