Surcharges add up for parcel shippers – and there may be more to come
UPS is hitting cargo owners with multiple surcharges in the run-up to the peak season ...
Each year, the annual Transpacific Maritime (TPM) conference opens with a keynote speech from IHS Markit chief economist Nariman Behravesh (pictured above). It acts as a an economic backdrop to the supply chain issues discussed at the conference, and this year focused on the threat of recession.
“The first quarter is when we most get asked “when is the next recession coming?”
“Well, growth is slowing, but we think the probability of a recession won’t begin growing until around the second half ...
Foreign airlines react to sudden new US rule tightening air cargo security
'Forwarders hope DSV will win DB Schenker'
Container manufacturers tell customers they are ‘sold out’ until mid-October
Transpacific rates war breaks out as new arrivals undercut major liners
Threat of more strikes at German ports as workers reject 'inadequate' offer
Bust-to-boom-to-bust: the cyclicality of air cargo growth patterns
Strike at major Indian ports called off, but supply chain challenges remain
Transhipment boom at port of Colombo fades as the competition grows
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