CMA CGM set to takeover Air Belgium following court approval
CMA CGM has confirmed it is aiming to take over Air Belgium, after a court ...
The contagion of skyrocketing container freight rates has now spread from the Asia-Europe tradelane, to the transpacific, and is also about to hit transatlantic shippers.
Spot rates from North Europe to the US east coast have been sub-economic for ocean carriers for some time, with for instance Xeneta’s XSI reading this week languishing at an average of just $1,464 per 40ft, compared with an average of $6,412 in the same week of last year.
And this ...
Trump tariffs see hundreds of cancelled container bookings a day from Asia
Macron calls for ‘suspension’ – CMA CGM's $20bn US investment in doubt
De minimis exemption on shipments from China to the US will end in May
Forwarders stay cool as US 'liberation day' tariffs threaten 'global trade war'
Mixed response in US to 'Liberation Day', while China leads wave of retaliation
Tariffs and de minimis set air freight rates on a volatile course
Overcapacity looms for ocean trades – with more blanked sailings inevitable
'To ship or not to ship', the question for US importers amid tariff uncertainty
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