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Global air cargo demand improves in November, capacity still tight

Air cargo demand is still down year-on-year, but continues to improve month-on-month “Current month-on-month gains indicate that global demand will return to 2019...

Global box volumes down just 1.7% in Jan-Nov 2020

Far East to North America trade lane is best performer Global container volumes fared better than expected, seen to fall less than 1.5%...

43% of shippers plan to increase resilience by enlarging pool of logistics partners

Just 17% of shippers want to outsource more physical operations and only 10% want to outsource supply chain management 43% of shippers plan...

Kuehne+Nagel closes deal to distribute Moderna vaccine

Distribution and central storage of the vaccines will be at Kuehne+Nagel’s pharma hub in Europe Vaccines will be distributed to markets in Europe,...

Airfreight volumes continue recovery as export orders expand

Asia’s airlines carried higher cargo volumes for the third straight month in November An acceleration in new export orders helped to boost volumes ...

Maersk seeking solutions to US exporters’ complaints of box shortages

Maersk assures it is finding ways to resolve the current container shortages and logistics bottlenecks amid surging US importation of goods US exporters...

ONE inks long-term charter for six of world’s largest box ships

Letter of intent signed for the 15-year charter of six new ultra large container ships Mega ships to have capacity greater than 24,000...

Rising container freight rates not easing in early 2021—experts

Increase in box transport rates to continue several weeks more into the new year Container shortages, surge in demand and heavy US and...

Hapag-Lloyd orders six 23,500-TEU ships for Asia-Europe trade

Vessels to be deployed on Europe-Far East routes Ship to be powered by dual fuel engine Delivery starts in April 2023 The investment...

New container output to jump 40% in 2021 amid strong cargo demand, Drewry forecasts

The unprecedented number of blanked sailings by carriers in the second quarter, not inadequate container fleet, led to the current shortage in empty...

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