Transpacific and Japanese shippers are likely to face a significant shortage of air freight capacity this week after 11 747 freighters were grounded on Saturday.
Japanese airline Nippon Cargo Airlines (NCA) suspended all operations after government inspectors uncovered “inappropriate” maintenance …
That was quick: only about ten weeks after I covered WiseTech Global (WTC) and its corporate strategy, drawing a parallel with XPO Logistics, the shares of the Australian logistics software developer hit another record high (A$16.45) (US$12.25) on Tuesday, before …
A rush to beat the tariffs imposed by the US and China in the latest trade spat could spark a change in freight movements and rates.
Over the weekend, China retaliated against the US imposition of 25% tariffs on $34bn …
XPO Logistics is developing what it claims is the “digital warehouse of the future” in the UK.
The 63,800sq metre distribution centre at Segro’s East Midlands Gateway Logistics Park in Leicestershire will be developed with together with Nestlé.
The facility …
Not for the first time, the US authorities have abruptly flipped a switch ushering in new air cargo security requirements, but the sudden change looks unlikely to disrupt freight flows.
However, there appears to be some confusion.
On Monday, the …
Container spot rates seem to have shrugged off carriers’ attempts to add an emergency bunker surcharge (EBS).
And there are doubts emerging as to whether the lines can secure peak season surcharges (PSSs) this year.
The Asia to US components …
The European Shippers Council (ESC) has accused container lines of price-signalling, following a wave of emergency bunker surcharges (EBSs).
A letter to the European Commission claims the introduction of an EBS by “most of the largest” container lines at the …
