Capture of MSC Aries will further drive up Indian export costs
With heightened geopolitical tensions sparked by the Iran-Israel faceoff, Indian exporters are again staring at ...
Problems at one port simply represent opportunity for another. While the continuing trucker strike at Port Metro Vancouver, which is said to be costing the Canadian economy C$885m per week, has shifted cargo to other west coast ports, over on the eastern seaboard. Montreal is hoping to benefit from congestion at its US counterparts. The incoming president of Montreal Gateway Terminals Partnership, which already sees 35% of its volumes coming from or to the US, is rubbing his hands in glee at the congestion in NY/New Jersey.
'I'm scared', says Boeing whistleblower, after two others suffer mysterious deaths
Indian trade disrupted as port congestion forces liner services to skip calls
Shipper frustration as spot rates rise alongside demand, and cargo is rolled
Don't get too confident for Q2, market risks haven't disappeared, warns Yang Ming chief
Flexport's newly liveried aircraft ready as business looks up
Rail strike looming in Canada: it will come 'at the worst possible time'
Q1 'better than expected' for Maersk – but 'there's more pressure to come'
Airfreight contracts begin to reflect threat of a Q4 capacity crunch
Comment on this article