October 2, 2022
Project Cargo/Breakbulk
October 2, 2022
LNG-Birth of a new industry in Canada
October 2, 2022
Commissionaires offers a wide range of security services
October 2, 2022
Focusing on the future for Canadian ports
October 2, 2022
No Business Case” for more Canadian LNG export terminals. PM pledges support for “green” ammonia
October 2, 2022
Learning shipping rules
October 2, 2022
Trucking wages jump in 2021 as shortages and supply chain issues increase demand for drivers
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Freight rate bubble bursts, pushing smaller opportunists our of the transpacific
The Covid freight rate bubble has burst, and the absence of “easy money” is forcing smaller carriers and forwarders to quit the transpacific trade. According to Richie Lin, logistics consultant director at Team Global Logistics, the inflated freight rates of 2020 and...
Confidence returns for China’s shippers, despite high costs and falling demand
High freight costs, slow logistical deliveries and falling demand are the major problems revealed in a China Council for the Promotion of International Trade (CCPIT) survey of 500 Chinese companies. At a recent CCPIT’s briefing, China Chamber of International Commerce...
Carriers remain buoyant despite collapse of spot rates and falling demand
Container spot rates from China to Middle East and intra-Asia routes are reported to have “collapsed” by mid-August, with prices to Europe and the US coming under intense pressure. Nevertheless, two ocean carriers remain bullish on maintaining profitability, as the...
Maersk confident of contract integrity, as it builds $19 billion M & A war-chest
Maersk CEO Soren Skou told investors on August 3 he remained “confident” about the shipping line’s contracted customers sticking with their agreements, despite a backdrop of softer demand and container spot rates declining. He said his confidence in the integrity of...
Hapag-Lloyd begins roll-out of trackers for its 1.6 million containers
Hapag-Lloyd is to begin installing new real-time tracking and telemetry devices across its fleet of standard containers at the end of August. This will entail investment of around $250 million across the shipping line’s 1.6 million boxes. While many reefer containers...
US railways move to rev up operations after deal, but labour yet to agree
Amid broad relief that a crippling strike had been averted at the eleventh hour, US Class I railways moved to ramp up their operations again. For now, industrial action is off the cards, but it is not clear if labour groups may decide to call a strike owing to...