OceanX radar: Basel bash; Vive La France! Rates - the eternal tango
Reaching the peak… are we there yet?
The takeover saga of Australian ports and rail behemoth Asciano appears to be entering its final chapter, after the company’s board said it was recommending that the two rival consortia bidding for the conglomerate break it up, bringing to an end a nine-month bidding war. It’s a hugely complicated arrangement, but effectively the former Patrick container terminals will be sold to a joint-venture made up of Qube Holdings and Brookfield, while the Pacific National rail freight business will be sold to a consortium of finance houses and sovereign wealth funds.
Carriers return to aggressive voyage blanking to mitigate reduced demand
Shippers to pay the penalty as ONE set to apply overweight charge
MSC launches more solo services after 'meteoric' capacity increase
Explosion at Aqaba Port kills 14 after crane drops container of chlorine gas
Air cargo rates plummet alongside consumer demand for Bangladesh apparel
AirBridgeCargo's Europe staff given termination notices, and bonus if they go
Transpac leads spot rate collapse as consumer spending reaches 'tipping point'
French government 'presses' CMA CGM to cut ocean rates for retail imports
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