Container spot rates from Asia to the US are sliding fast, with today’s Shanghai Containerised Freight Index (SCFI) recording a further 10% drop for the US west coast and 7% for east coast ports.
With new annual contract negotiations about …

Dutch organisations, including KLM and the government, are fighting back over Kalitta Air’s claim that its slots at Schiphol Airport were “wrongfully withheld”.
Last month, the US cargo carrier called on the US Department of Transportation (DoT) to restrict or …

A coalition of US farmers and their forwarders claims the country’s logistics infrastructure is “inadequate” and domestic business is losing out to imports.
Board member of the Agriculture Transportation Coalition (AgTC) Donna Lemm told a Senate committee hearing this week …

Shipping costs could rise by $3bn next year, according to a new report that will undoubtedly unnerve shippers – but the rise is less than some reports have forecast (see comment below).
The cost rise will follow the “steep” drop …

Swiss 3PL Panalpina, currently the subject of intense merger and acquisition scrutiny, today posted double-digit increases in profits for 2018.
Revenues passed the Sfr6bn mark, up from Sfr5.5bn in 20017, while reported ebit grew 15% to reach Sfr118.4m, compared with …

Transpacific ocean carriers are deadheading more equipment back to Asia than ever before – with US import tariffs actually exacerbating the imbalance.
According to a survey of the top 10 US ports by Alphaliner, the imbalance rate deteriorated significantly in …

FedEx today launched its new cutting-edge robotic last-mile delivery solution – the FedEx SameDay Bot.
It said it was collaborating with AutoZone, Lowe’s, Pizza Hut, Target, Walgreens and Walmart “to help assess retailers’ autonomous delivery needs”, given that according to …