News

  • Post time: Jun-15-2022

    A FEW specialty roasters in the EU are offering beans that have been sailed instead of shipped by fossil-fueled vessels from South America, reports Bloomberg. Although they’re rarer than standard bags of supermarket coffee, the wind-blown beans may inspire some ideas for mitigating carbon e...Read more »

  • Post time: Jun-14-2022

    THE Port of Ningbo-Zhoushan broke a record handling 3.3 million TEU in May, an increase of 16 per cent, reports Colchester’s Seatrade Maritime News. The port had calls from 299 container services, adding two more services compared with April. Meanwhile, the sea-rail container volume of the ...Read more »

  • Post time: Jun-09-2022

    HONG KONG’s Freightos is going public through a merger with Tel Aviv-based special purpose acquisition firm, the Gersher Acquisition Company, reports New York’s FreightWaves. The Freightos Special Purpose Acquisition Company (SPAC) will have a pro forma enterprise value of US$435 mill...Read more »

  • Post time: Jun-07-2022

    A SOFTENING in consumer demand has weakened global freight rates but the containership charter markets remains largely insulated due to the absence of open tonnage and the length of time charters. Although there are signs of the red-hot charter market cooling, particularly in the smaller sizes, a...Read more »

  • Post time: Jun-04-2022

    UPS is teaming up with India-based travel conglomerate InterGlobe Enterprises to launch a new company targeting the growing express sector in the country. The new company, named Movin, will offer coverage across the country with a portfolio of business-to-business (B2B) services including a day-d...Read more »

  • Post time: May-31-2022

    THE world’s biggest container port, Shanghai, posted an 82.4 per cent year on year increase in April throughput to 3.08 million TEU, according to the Ministry of Transport (MOT), reported Beijing state media. “Currently, logistics in Shanghai and other key areas are gradually improvin...Read more »

  • Post time: May-26-2022

    CALLING all airline cargo customers: It’s time to cast a vote for your favourite cargo airline as part of London’s Air Cargo News Awards 2022. The awards give freight forwarders and shippers the chance to recognise the five best cargo airlines in regional categories and the ultimate C...Read more »

  • Post time: May-25-2022

    GERMAN shipping giant Hapag-Lloyd posted a first quarter 179 per cent year-on-year operating profit increase to US$5.3 billion, drawn on revenues of $9 billion, up 80 per cent. “The year has got off to an exceptionally strong start on the whole, and while there have been first signs that th...Read more »

  • Post time: May-24-2022

    WHALE shark’s large size makes it common for them to collide with ships, causing unfortunate and lethal injuries, reports Paris-based Sustainability Times. The previously overlooked matter could be the reason why populations of the world’s largest fish have been falling. The creatures...Read more »

  • Post time: May-23-2022

    DHL eCommerce solutions is having a successful year piloting two DoraSorter robotic systems in its Atlanta distribution center, reports the American Journal of Transportation. The robotic sortation systems are one of the projects that are part of the company’s US$100 million five-year autom...Read more »

  • Post time: May-20-2022

    TAIWAN’s EVA Airways has announced it will order an additional Boeing 777 freighter which it expects to be delivered by the end of 2023 to increase the airline’s competitive edge in the cargo market, reports Taipei’s Central News Agency. The new aircraft, together with EVA’...Read more »

  • Post time: May-20-2022

    MUNICIPAL authorities in Busan, are analysing a design and development of a smart container, which can transport batteries safely, reports London’s Loadstar. The report comes following increasing publicity about the dangers of carrying lithium batteries in containers. Busan authorities will...Read more »

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