1 March 2018
DOHA, Qatar – Qatar Airways Cargo’s pharma solution now includes CSafe’s newest RAP container. The RAP unit is perfectly suited for large volume pharma shipments and has been approved by the cargo carrier’s team of pharma specialists …

As shippers and carriers on the transpacific prepare for the annual contract negotiating season – which kicks off with the Journal of Commerce’s Transpacific Maritime (TPM) convention next week on Long Beach – industry analysts have predicted planned capacity increases …

Air freight rates are expected to have dipped in February, after a reasonably strong start to the year that saw them at their highest January level since 2015.
Drewry’s East-West air freight rate index rose 2% year-on-year in January, but …

Containership owner and manager Seaspan Corporation is refocusing on the second-hand market as it shies away from ordering new vessels.
The NYSE-listed firm says it intends to concentrate on strengthening its balance sheet.
According to chairman David Sokol, Seaspan’s “biggest …

US pilots have slammed ATSG’s lack of readiness for the year ahead despite the carrier announcing strong full-year results.
After a challenging 2016, in which the carrier recorded a “minor” loss, the US-based operator announced full-year revenues of $1.1bn, up …

TOKYO—Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Junichiro Ikeda) today announced that it will restructure the organization effective April 1, 2018, as follows
1. Establishment of Technology Innovation Unit MOL will establish the Technology Innovation Unit and the position …

According to its preliminary annual result, incorporating seven months of merged UASC business, Hapag-Lloyd achieved an operating result (ebit) of $464m in 2017, compared with just $140m the year before.
And at ebitda (earnings before interest, tax, depreciation and amortisation) …