Container lines set for stronger year for volume and pricing Stronger economic growth in the eurozone is anticipated to translate into higher volumes and profits on the Asia-Europe trade. Carriers on the Asia-Europe trade are heading for a vastly improved year as steady growth in container volume and European economies continues to hold up freight […]
Read More →Container lines set for strong year for volume and pricing
on July 31, 2017in Industry News
Container lines set for strong year for volume and pricing Stronger economic growth in the eurozone is anticipated to translate into higher volumes and profits on the Asia-Europe trade. Carriers on the Asia-Europe trade are heading for a vastly improved year as steady growth in both container volume and European economies continues to hold up […]
Read More →American Airlines boosts Europe truck footprint
on July 31, 2017in Industry News
American Airlines boosts Europe truck footprint Second-quarter air cargo volumes at American Airlines rose by double-digits. American Airlines Cargo has boosted and expanded its European trucking network, adding services into London Heathrow and Barcelona airports to keep pace with rising demand for its 450 weekly departures. The trucking services operate via flight numbers, connecting offline […]
Read More →Asia-Europe spot rates tick up on growing demand
on July 28, 2017in Industry News
Asia-Europe spot rates tick up on growing demand The Asia-Europe spot rate gains this week paled in comparison to the increase in the trans-Pacific. The spot rate to move a TEU from Asia to Europe inched up this week from the prior week after three straight weeks of declines, potentially signalling a turning point for […]
Read More →Trans-Pac spot spike signals peak season in gear
on July 28, 2017in Industry News
Trans-Pac spot spike signals peak season in gear Spot market shipping rates from Shanghai to US West Coast ports such as Los Angeles jumped 62 percent from last week. Eastbound trans-Pacific spot rates surged by double-digits this week to the US East and West coasts after three straight weeks of decline, in a sign of […]
Read More →Mexican truckers plead for crackdown on cargo theft surge
on July 27, 2017in Industry News
Mexican truckers plead for crackdown on cargo theft surge Mexico’s transportation industry wants a greater government focus on cargo theft deterrence and punishment. Mexican trucking companies are urging lawmakers to stiffen penalties against cargo robberies, with a group representing motor carriers saying the escalation of crime this year has turned much of the country’s highways […]
Read More →Mexican truckers urge government to crack down on cargo theft surge
on July 27, 2017in Industry News
Mexican truckers urge government to crack down on cargo theft surge Mexican trucking companies are urging lawmakers to stiffen penalties against cargo robberies, with a group representing motor carries saying the escalation of crime this year has turned much of the country’s highways into “no man’s land.” The Cámara Nacional del Autotransporte de Carga (CANACAR), […]
Read More →New ways to reduce container booking no-shows emerge
on July 27, 2017in Industry News
New ways to reduce container booking no-shows emerge No-shows and rolled cargo are two of the major inefficiences of modern container shipping. A renewed focus on flaws in the container booking process that leave vessels partly empty, when promised cargo doesn’t arrive, or overbooked, with containers left on the dock, has triggered a slew of […]
Read More →East-west spot rate gains forecast to drive carriers to $5 billion profit
on July 25, 2017in Industry News
East-west spot rate gains forecast to drive carriers to billion profit East-west spot rates have slid through summer but are expected to rise along with peak season volumes. Spot rates in the major east-west trades will soon emerge from their temporary slump as the peak-season begins, driving carriers to an industry-wide profit of about $5 […]
Read More →East-west spot rate gains forecast to drive carriers to $5B profit
on July 25, 2017in Industry News
East-west spot rate gains forecast to drive carriers to B profit East-west spot rates have slid through summer, but are expected to rise along with peak season volumes. Spot rates in the major east-west trades will soon emerge from their temporary slump as the peak-season begins, driving carriers to an industry-wide profit of about $5 […]
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