Category Archives for Industry News

Capacity restraints cost Schiphol air cargo Schiphol’s management said it expected lower overall freighter air traffic movements in the first half, due to capacity constraints, but its longer-term analysis remains encouraging. (Above: Cargo being loaded at Schiphol Airport.) Photo credit: Shutterstock.com. LONDON — Amsterdam Schiphol Airport’s cargo traffic declined in the first half of the year, […]

JNPT June dwell time declines, but intermodal rail increases PSA Internationals’ dedicated rail yard (above) at Jawaharlal Nehru Port Trust — designed to synchronize operations with Indian Railways’ Dedicated Freight Corridor project under construction — is the key to reducing the port’s rail cargo dwell times. Photo credit: PSA India. A lackadaisical shippers’ attitude toward […]

XPO Logistics expects 'big peak' ahead, plans for growth As e-commerce continues to boost revenue at XPO, the logistics provider is looking to technology to help manage multimodal service offerings for shippers. Photo credit: XPO Logistics. XPO Logistics is ramping up for a big peak shipping season this autumn, hiring staff and implementing technology to […]

Maersk adds heavy-lift projects as part of India expansion Maersk personnel load windmill blades onto a ship for transport from India to China as part of its oversized shipment business. Photo credit: Maersk India. After establishing a strong footprint in India’s reefer cargo trade with an array of end-to-end, store-door logistics operations in recent months, Maersk […]

DSV posts record quarterly earnings, raises full-year guidance Record high margins were driven by continued improvement in productivity across the organization, DSV said, and the company had equally encouraging news regarding the UTi integration. Photo credit: Shutterstock.com. DSV reported record financial results in the second quarter, prompting the global freight forwarding and logistics group to […]

Ocean Network Express posts loss in debut first quarter MOL said Ocean Network Express’s (ONE’s) underperformance was “largely due to the disorder in the services to its customers which coincided with higher fuel prices.” Photo credit: ONE.   LONDON — Ocean Network Express (ONE) plunged $120 million into the red in the first quarter, with […]

Air cargo groups say peak season capacity to match demand The air cargo sector is better prepared to handle likely strong demand in 2018’s peak season than last year. (Above: Air cargo being loaded in Poland.) Photo credit: Shutterstock.com. The air cargo market this peak season will be better prepared to handle the expected strong […]

Trans-Pac peak season wake up call US importers are facing a perilous peak season in the trans-Pacific this year, with many likely to be forced to pay significantly higher rates to get goods onto ships that in many cases are nearly sold out. Ocean carriers in certain cases are holding the line on weekly minimum quantity commitments (MQCs) […]

Cosco’s pre-cyber attack efforts protected network   Cosco Shipping Lines was able to contain the damage from last week’s cyber attack to its operations in the Americas, and cargo handling in the United States, Canada, and South America at its marine terminals was largely unaffected because Cosco isolated its internal networks across its global operations. […]

Indian truckers end strike after government deal Officials told trucker union representatives that the government remains sensitive to truckers’ demands and they will establish an expert committee to examine all core issues. Photo credit: Shutterstock.com. Indian supply chains are returning to normal, after striking truckers and government authorities brokered a deal during their second round […]