Australia’s freight volumes have taken a nosedive due to the coronavirus crisis – one ocean carrier reportedly cutting temporary staff as a result.
Cam Dumesny, chief executive of the Western Roads Federation (WRF), said the impact from China’s extended factory …

When demand for container shipping renews, vessels returning to China to load exports could find themselves on wrong side of a new emissions law.
At the weekend, the country banned the use of open-loop scrubbers with the ministry of transportation’s …

After its shock withdrawal from the transpacific this month, troubled Singapore-based carrier Pacific International Lines (PIL) is selling ships to raise cash to support its remaining operations.
It has prompted renewed industry speculation that PIL may soon pull out entirely …

PayCargo is eyeing greater market share in the US since teaming up with DockEnRoll, a software platform which helps reduce congestion and inefficiency by streamlining airport drop-off and pick-up.
What is most interesting about this, however, is that it allows …

Say you were a man in your 80s or 90s, looking to deploy almost $130bn of cash, or part of it, saved during your business lifetime.
Just like Warren Buffett you have a long-term investment horizon, but you also enjoy …

There have been a few emotional goodbyes from ex-Panalpina employees to the DSV Panalpina family in recent weeks, and many more are readying to go as the Danish group looks to reduce the headcount by chopping up to 4,000 staff, …

BLOOMBERG reports:
The U.S. Federal Reserve delivered an emergency half-percentage point interest rate cut Tuesday in a bid to protect the longest-ever economic expansion from the spreading coronavirus.
“The coronavirus poses evolving risks to economic activity,” the Fed said in …