China-US trade tariff pause could drive a rebound for transpacific rates
After the US and Chinese governments agreed to slash reciprocal tariffs, shipping lines are expecting ...
The cargo divisions of India’s Jet Airways, IndiGo and SpiceJet are contesting fines for fixing fuel surcharges.
Jet was fined $22.9m, Indigo $9.6m and SpiceJet $6.4m – about 1% of turnover – after an investigation by the Competition Commission of India (CCI).
The probe followed a complaint in 2013 by the Express Industry Council of India, representing 29 parcel transport firms. The commission noted: “The airlines acted in parallel in collusion in fixing fuel surcharge rates [FSCs]. Such conduct was found to ...
Maersk u-turn as port congestion increases across Northern Europe
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Container spot rates diverge: to Europe still falling, but firmer to the US
Hapag-Lloyd won't take bookings if port congestion leaves cargo stranded
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Airfreight players eye new routes as demand on the transpacific nosedives
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