East-west rates diverge as transpac spots hold while Asia-Europe keeps falling
Container spot freight rates on the main east-west trades diverged this week after a series ...
Ecommerce continues to be air cargo’s star performer, dominating China’s export market and absorbing capacity to Europe and the US, according to a senior industry executive.
“The overall market in 2024 so far has produced decent growth in general cargo [+3%], complemented by a heavy surge in ecommerce business driven by the new Chinese market entrants,” Geodis’s EVP freight forwarding, Eric Martin-Neuville, told The Loadstar.
“This has led to global growth of approximately 10%, significantly above the various forecasts. Capacity has continued ...
Trump tariffs see hundreds of cancelled container bookings a day from Asia
'To ship or not to ship', the question for US importers amid tariff uncertainty
'Chaos after chaos' coming from de minimis changes and more tariffs
Forto 'sharpens commercial priorities' as it lays off one-third of staff
List of blanked transpac sailings grows as trade war heats up and demand cools
'Disastrous' DSV-Schenker merger would 'disrupt European haulage market'
EC approves DSV takeover of DB Schenker
Overcapacity looms for ocean trades – with more blanked sailings inevitable
Amazon Air’s metamorphosis: 'a different air cargo unit from two years ago'
Shippers in Asia restart ocean shipment bookings – but not from China
India withdraws access for Bangladesh transhipments, in 'very harmful' decision
'Tariff hell' leaves industries in limbo – 'not a great environment to plan'
Comment on this article