50 articles found with keyword "Freight"
South Korea's HMM said it will chase high-yield cargo and new shipping routes to offset weak market conditions after reporting an 83 per cent fall in third-quarter net profit, reports London's S&P Global
Airlines are seeing signs of weakening air cargo demand as inflation and slowing growth weigh on global trade, reported Lyon's Euronews
THE global Baltic Air Freight Index (BAI00), calculated by TAC, dipped by one per cent in the week, leaving it 5
GERMAN flag carrier Lufthansa's air freight business said it is experiencing an increase in demand for pharmaceutical shipments to the United States as drugmakers speed up shipments ahead of potential import tariff increases
THE 100,000th China-Europe freight train from Chongqing recently departed for Europe, marking a significant milestone in the development of world trade, reports Xinhua
A TRAIN fully loaded with diverse goods departed last Saturday morning from Xi'an, the capital city of northwest China's Shaanxi Province, bound for Malaszewicze, Poland, marking a significant milestone as the total number of China-Europe freight train trips surpassed 90,000
THE executive management team at UTC Overseas, an international freight forwarder and logistics provider headquartered in Houston, Texas, announced the introduction of a new dedicated air freight division based in Frankfurt, Germany
THE world's largest logistics provider has cast doubts on the likelihood of a substantial rebound in cross-border freight transportation during the typically busy months leading up to Christmas shopping, reports New York's FreightWaves
CHAIRMAN of the Hong Kong Association of Freight Forwarding and Logistics (HAFFA) Gary Lau has stressed the importance of Hong Kong's freight and logistics industry's role as a key player in the success of the Greater Bay Area (GBA)
CANADIAN clothing retailer Lululemon will increase its international air freight shipments before the fall to get ahead of expected tariff-fueled port congestion, reports New York's Air Cargo World
NORTH American rail volume for the week ending July 6 fell 5
CARGO traffic globally, measured in freight tonne kilometres (FTKs), fell by 4
CALIFORNIA has declared a state of emergency after main thoroughfares in Riverside, San Bernardino, Los Angeles, San Diego, Imperial and Kern Counties have been blocked by flooding after heavy rains, which continue to pound the southern portion of the state.
THE International Air Cargo Association (TIACA) will hold its Air Cargo Forum and Exhibition 2018 in the Metro Toronto Convention Centre from October 16 to 18, the group announced
THE demand for air freight services is lower due to a combination of factors such as the Russia-Ukraine war, China's old zero Covid policy, high inflation rate, and the looming threat of recession, according to Chennai-based Beroe, reports Chicago's PRNewswire
CONTAINER shipping has been warned to brace for a hard landing rates-wise as multiple indices around the world plunge further
THE volume of outbound and inbound cargo handled by the Penang Freight Forwarders Association (PFFA) is expected to rise five per cent to over 141,000 tonnes, reports Kuala Lumpur's Malaysia Star
GAP has defended its plan to air freight 35 per cent of its holiday range, absorbing US$450 million in related costs to help offset supply chain issues, reports New York's RetailWire
CHINA-EUROPE rail freight saw a steady growth the first 11 months of the year, according to National Development and Reform Commission (NDRC) data, reports Xinhua
XENETA's Long-Term XSI Public Indices revealed another monthly hike in long-term ocean freight rates, with global container prices climbing 3
FREIGHT shipments within North America in May reached the second-highest monthly level recorded in 31 years of data, according to Cass Information Systems, a provider of freight payment services and author of the Cass Freight Index (CFI), reports IHS Media
NORTH American rail volume for the week ending October 27, from 12 US, Canadian and Mexican railways reporting increased three per cent to 376,943 carloads and up 5
Looming restrictions on shipping fuel sulphur content could see freight rates on seaborne coal routes rise by as much as 40% in 2020, consultancy Wood Mackenzie said on Thursday.
THE International Federation of Freight Forwarders Associations (FIATA) has appointed Hans Kersten as deputy director and director general designate after the retirement of Marco Sorgetti in September.
The pick-up in demand for seaborne dry bulk commodities across the board provided shipowners with better returns during the first quarter of the year despite net fleet growth over the same period.
AS carriers begin contract negotiations for the year ahead, the container freight market is strengthening and Drewry said some shippers could see contract rates rise 20-40 per cent in worst case scenarios.
Container shipping firms are hoping for a better year as freight rates rebound in the lead-up to the Lunar New Year holiday and the nagging problem of overcapacity eases during the year.
In its latest report, BIMCO forecast that for the coming six weeks, Capesize time charter average rates will remain subdued around $4,500-8,500 per day. The Panamax market is expected to hold on to recent gains and remain in the USD 5,000– 10,000 per day range. In the Supramax market, BIMCO sees freight rates in the USD
Global Maritime News & Shipping Industry Updates
,660/TEU" class="w-full h-full object-cover"/>ASIA-EUROPE freight rates have once again risen after a brief hiatus over the past two weeks, as spot rates on the trade last week increased 21 per cent to US
Libya-bound sea freight is continuing to move from the UK to the North African country despite news that all three ports have closed.
Container shipper Maersk Line plans to raise freight rates from the Middle East and the Indian subcontinent to northern Europe and the Mediterranean twice in the first quarter, it said on its website.
Global freight rates, both in the tanker and dry bulk segments, continued their downward journey, forcing ship owners to keep a slice of their fleet idle as the rates at times did not even cover the operating costs, the whole of last month.
THE latest DHL Hong Kong Air Trade Leading Index shows that the trade war between the US and China is having a negative effect on Hong Kong's air imports and exports
THE Asia Pacific air cargo market has recorded 5
FREIGHT companies have reason to fear that Amazon is a threat now that the online retail giant has moved into the transport market to cut costs, reports Melbourne's Australian Financial Review
INDIAN authorities have announced that airport operator GMR Hyderabad International Airport Ltd (GHIAL) - a joint venture company established between the GMR Group, Airports Authority of India (I), Government of Telangana and Malaysia Airports Holding - is to double its cargo handling capacity at Hyderabad
CONCERNS have been flagged that the recovery in the container shipping sector may be floundering amid a drop in freight rates, a softening in charter rates, and expansion of the global idle box fleet.
CONTAINER freight rates on Asia-Mediterranean trade lanes are expected to come under renewed pressure in the fourth quarter, as a result of ultra-large container vessels (ULCVs) being deployed on the route, according to Drewry.
THE British International Freight Association (BIFA) that represents freight forwarders and logistics companies has accused shipping lines of exploiting the global rule to cap sulphur content in marine fuel at 0
BRITAIN's second largest airport suffered an April cargo slump across its East Midlands, London Stansted, and Manchester gateways after a strong 2018, reports London's Loadstar
DSV's air freight volumes rose in the first half of the year by one per cent, but fell by two per cent in the second quarter of the year, due to the market environment as well as the termination of a high-volume, low-margin customer contract
THE total volume of air cargo volumes exported from Germany fell 24
AIR cargo demand fell again in May with the US-China trade war impacting the sector and driving a faster shift away from China
FORWARDERS are testing air freight online rates and bookings on airline websites, but some say it leads to inefficiency, reports London's Loadstar
SIGNIFICANT, albeit small, growth in European import and export activity, combined with increased Far East imports and continued growth in US exports triggered a moderate rise in global container freight rates in March
THE Freight Transport Association (FTA) is calling on its members to continue preparing for a no-deal Brexit, even after the UK's Prime Minister Boris Johnson proposed that when the country leaves the European Union (EU), Northern Ireland would remain in the single market for goods, but leave the customs union
FREIGHT rates for modern tanker tonnage have soared almost 40 per cent in the first market test for modern, very large crude carriers loading Middle East crude since the recent incendiary attacks on tankers in the Gulf of Oman, reports Lloyd's List
UPS has expanded its Worldwide Express Freight and Worldwide Express Freight Midday services to customers in 2,300 postal codes in the metropolitan areas of Moscow, St Petersburg and Nizhniy Novogorod
ONTARIO International Airport in southern California handled 65,514 tonnes of commercial freight in August, an increase of 2
UK LEADING independent freight forwarder, Davies Turner, is to expand its trade using greener transport mode, between the UK and Turkey.
50 articles found with keyword "Freight"
South Korea's HMM said it will chase high-yield cargo and new shipping routes to offset weak market conditions after reporting an 83 per cent fall in third-quarter net profit, reports London's S&P Global
Airlines are seeing signs of weakening air cargo demand as inflation and slowing growth weigh on global trade, reported Lyon's Euronews
THE global Baltic Air Freight Index (BAI00), calculated by TAC, dipped by one per cent in the week, leaving it 5
GERMAN flag carrier Lufthansa's air freight business said it is experiencing an increase in demand for pharmaceutical shipments to the United States as drugmakers speed up shipments ahead of potential import tariff increases
THE 100,000th China-Europe freight train from Chongqing recently departed for Europe, marking a significant milestone in the development of world trade, reports Xinhua
A TRAIN fully loaded with diverse goods departed last Saturday morning from Xi'an, the capital city of northwest China's Shaanxi Province, bound for Malaszewicze, Poland, marking a significant milestone as the total number of China-Europe freight train trips surpassed 90,000
THE executive management team at UTC Overseas, an international freight forwarder and logistics provider headquartered in Houston, Texas, announced the introduction of a new dedicated air freight division based in Frankfurt, Germany
THE world's largest logistics provider has cast doubts on the likelihood of a substantial rebound in cross-border freight transportation during the typically busy months leading up to Christmas shopping, reports New York's FreightWaves
CHAIRMAN of the Hong Kong Association of Freight Forwarding and Logistics (HAFFA) Gary Lau has stressed the importance of Hong Kong's freight and logistics industry's role as a key player in the success of the Greater Bay Area (GBA)
CANADIAN clothing retailer Lululemon will increase its international air freight shipments before the fall to get ahead of expected tariff-fueled port congestion, reports New York's Air Cargo World
NORTH American rail volume for the week ending July 6 fell 5
CARGO traffic globally, measured in freight tonne kilometres (FTKs), fell by 4
CALIFORNIA has declared a state of emergency after main thoroughfares in Riverside, San Bernardino, Los Angeles, San Diego, Imperial and Kern Counties have been blocked by flooding after heavy rains, which continue to pound the southern portion of the state.
THE International Air Cargo Association (TIACA) will hold its Air Cargo Forum and Exhibition 2018 in the Metro Toronto Convention Centre from October 16 to 18, the group announced
THE demand for air freight services is lower due to a combination of factors such as the Russia-Ukraine war, China's old zero Covid policy, high inflation rate, and the looming threat of recession, according to Chennai-based Beroe, reports Chicago's PRNewswire
CONTAINER shipping has been warned to brace for a hard landing rates-wise as multiple indices around the world plunge further
THE volume of outbound and inbound cargo handled by the Penang Freight Forwarders Association (PFFA) is expected to rise five per cent to over 141,000 tonnes, reports Kuala Lumpur's Malaysia Star
GAP has defended its plan to air freight 35 per cent of its holiday range, absorbing US$450 million in related costs to help offset supply chain issues, reports New York's RetailWire
CHINA-EUROPE rail freight saw a steady growth the first 11 months of the year, according to National Development and Reform Commission (NDRC) data, reports Xinhua
XENETA's Long-Term XSI Public Indices revealed another monthly hike in long-term ocean freight rates, with global container prices climbing 3
FREIGHT shipments within North America in May reached the second-highest monthly level recorded in 31 years of data, according to Cass Information Systems, a provider of freight payment services and author of the Cass Freight Index (CFI), reports IHS Media
NORTH American rail volume for the week ending October 27, from 12 US, Canadian and Mexican railways reporting increased three per cent to 376,943 carloads and up 5
Looming restrictions on shipping fuel sulphur content could see freight rates on seaborne coal routes rise by as much as 40% in 2020, consultancy Wood Mackenzie said on Thursday.
THE International Federation of Freight Forwarders Associations (FIATA) has appointed Hans Kersten as deputy director and director general designate after the retirement of Marco Sorgetti in September.
The pick-up in demand for seaborne dry bulk commodities across the board provided shipowners with better returns during the first quarter of the year despite net fleet growth over the same period.
AS carriers begin contract negotiations for the year ahead, the container freight market is strengthening and Drewry said some shippers could see contract rates rise 20-40 per cent in worst case scenarios.
Container shipping firms are hoping for a better year as freight rates rebound in the lead-up to the Lunar New Year holiday and the nagging problem of overcapacity eases during the year.
In its latest report, BIMCO forecast that for the coming six weeks, Capesize time charter average rates will remain subdued around $4,500-8,500 per day. The Panamax market is expected to hold on to recent gains and remain in the USD 5,000– 10,000 per day range. In the Supramax market, BIMCO sees freight rates in the USD
Global Maritime News & Shipping Industry Updates
,660/TEU" class="w-full h-full object-cover"/>ASIA-EUROPE freight rates have once again risen after a brief hiatus over the past two weeks, as spot rates on the trade last week increased 21 per cent to US
Libya-bound sea freight is continuing to move from the UK to the North African country despite news that all three ports have closed.
Container shipper Maersk Line plans to raise freight rates from the Middle East and the Indian subcontinent to northern Europe and the Mediterranean twice in the first quarter, it said on its website.
Global freight rates, both in the tanker and dry bulk segments, continued their downward journey, forcing ship owners to keep a slice of their fleet idle as the rates at times did not even cover the operating costs, the whole of last month.
THE latest DHL Hong Kong Air Trade Leading Index shows that the trade war between the US and China is having a negative effect on Hong Kong's air imports and exports
THE Asia Pacific air cargo market has recorded 5
FREIGHT companies have reason to fear that Amazon is a threat now that the online retail giant has moved into the transport market to cut costs, reports Melbourne's Australian Financial Review
INDIAN authorities have announced that airport operator GMR Hyderabad International Airport Ltd (GHIAL) - a joint venture company established between the GMR Group, Airports Authority of India (I), Government of Telangana and Malaysia Airports Holding - is to double its cargo handling capacity at Hyderabad
CONCERNS have been flagged that the recovery in the container shipping sector may be floundering amid a drop in freight rates, a softening in charter rates, and expansion of the global idle box fleet.
CONTAINER freight rates on Asia-Mediterranean trade lanes are expected to come under renewed pressure in the fourth quarter, as a result of ultra-large container vessels (ULCVs) being deployed on the route, according to Drewry.
THE British International Freight Association (BIFA) that represents freight forwarders and logistics companies has accused shipping lines of exploiting the global rule to cap sulphur content in marine fuel at 0
BRITAIN's second largest airport suffered an April cargo slump across its East Midlands, London Stansted, and Manchester gateways after a strong 2018, reports London's Loadstar
DSV's air freight volumes rose in the first half of the year by one per cent, but fell by two per cent in the second quarter of the year, due to the market environment as well as the termination of a high-volume, low-margin customer contract
THE total volume of air cargo volumes exported from Germany fell 24
AIR cargo demand fell again in May with the US-China trade war impacting the sector and driving a faster shift away from China
FORWARDERS are testing air freight online rates and bookings on airline websites, but some say it leads to inefficiency, reports London's Loadstar
SIGNIFICANT, albeit small, growth in European import and export activity, combined with increased Far East imports and continued growth in US exports triggered a moderate rise in global container freight rates in March
THE Freight Transport Association (FTA) is calling on its members to continue preparing for a no-deal Brexit, even after the UK's Prime Minister Boris Johnson proposed that when the country leaves the European Union (EU), Northern Ireland would remain in the single market for goods, but leave the customs union
FREIGHT rates for modern tanker tonnage have soared almost 40 per cent in the first market test for modern, very large crude carriers loading Middle East crude since the recent incendiary attacks on tankers in the Gulf of Oman, reports Lloyd's List
UPS has expanded its Worldwide Express Freight and Worldwide Express Freight Midday services to customers in 2,300 postal codes in the metropolitan areas of Moscow, St Petersburg and Nizhniy Novogorod
ONTARIO International Airport in southern California handled 65,514 tonnes of commercial freight in August, an increase of 2
UK LEADING independent freight forwarder, Davies Turner, is to expand its trade using greener transport mode, between the UK and Turkey.
