Spot rates on transpacific surge after news of tariff time-out
Container freight spot rates shot up on the transpacific trades this week, with an immediate ...
Lufthansa Cargo is betting on China’s economy growing and is upping its freighter capacity to the country – despite continued weak demand.
Airfreight rates continue to fall, according to TAC Index figures, which saw the overall index drop 5.8% last week. China-Europe fell nearly 20% in the week, to $3.92, while Frankfurt to Shanghai dropped more than 20%, to $1.44.
Unperturbed, Lufthansa Cargo this morning said it would expand its freighter network for its summer schedule, starting 26 March.
“Looking at the Chinese ...
Crew saved as MSC box ship, hit by 'monsoon' off Indian coast, sinks
Carriers react quickly to transpac demand surge, but rates remain muted
ONE opts for South Korean newbuilds to avoid hefty US port fees
New services and reinstated blanked sailings boost transpacific capacity
Congestion fear as US west coast ports brace for transpacific cargo surge
$2.1bn E2open purchase will 'catapult WiseTech into a different dimension'
News in Brief Podcast | Week 21 | GRIs and European port congestion
After DSV 'cuts the cake' on Schenker acquisition, time for redundancies?
MSC Elsa 3 sinking – now the 'blame game' begins
Air forwarders face financial uncertainty – but 'there are opportunities'
Houthis claim Red Sea safe for box ships not calling at port of Haifa
DHL expands agreement with Shopify – where does that leave Flexport?
Shippers hold their breath as Trump appeals court ruling that tariffs are illegal
Shippers brace for rate rise as smart phones expected to drive air cargo market
US importers stockpiling goods to avert autumn shortages amid tariff chaos
Handler Celebi mounts legal challenge to security clearance ban at Indian airports
Comment on this article