Yusen Logistics has commenced operations from its new distribution facility in the heart of the East Midlands Gateway in Northampton. The additional cross-dock facility has been commissioned to supply the ongoing growth and development of the Yusen shared user delivery …
Europe to China and Hong Kong air freight load factors have overtaken China to Europe for the first time, according to new data.
Dynamic load factor information from Clive Data Services to 9 February shows a massive reduction in the …
MARKETWATCH reports:
The U.S. Energy Information Administration lowered its 2020 forecasts for West Texas Intermediate and Brent crude oil prices and reduced its expectations for U.S. crude-oil production, according to the Short-Term Energy Outlook report released Tuesday.
To read the …
CH Robinson Worldwide and subsidiary Robinson Fresh engaged in “unconscionable and deceptive business practices” by making secret profits from growers, it is alleged.
In a class action lawsuit filed last month, the growers are demanding $1.1bn in damages from the …
As airlines continue to pare Chinese services, with much belly capacity now not returning until the summer season begins in April, freight data on the routes is becoming harder to interpret – but a freight “bottleneck” is expected soon.
“Index …
A forum of shippers, freight forwarders and port service providers have slammed the high-handedness of the EC for including an extension of the consortia block exemption regulation (BER) for liner shipping in its 2020 work programme to the European parliament.…
XPO Logistics resumed its growth trajectory in the final quarter of last year, as investments in technology and productivity began to bear fruit.
The operator reported a fourth-quarter adjusted ebitda of $432m, compared with $380m the previous year.
Group revenue …
