Category Archives for Industry News

Deutsche Bahn bounces back to black Deutsche Bahn’s operating profit grew 13 percent in the first half of the year as Germany’s state-owned rail company began to reap the benefits of a restructuring… Deutsche Bahn bounces back to black Journal of Commerce

Air France-KLM cargo stuck in the red Air France-KLM’s cargo loss narrowed slightly in the second quarter but pushed the company’s total deficit to over $1 billion in the past four-and-a-half years. The Franco-Dutch airline’s… Air France-KLM cargo stuck in the red Journal of Commerce

India doubles down on port rail connectivity projects For Indian shippers, trucking is historically the preferred mode of transportation to and from the interior, even on long distances. That trend’s unlikely to change significantly in the coming… India doubles down on port rail connectivity projects Journal of Commerce

Billions invested to beef up India infrastructure, manufacturing When it comes to shipper enthusiasm for sourcing and tapping domestic consumers, India has generally played second-fiddle to China. That’s changing. China’s aging workforce and its demands for… Billions invested to beef up India infrastructure, manufacturing Journal of Commerce

Asia-Europe spot rate decline slows before Aug. 1 GRI Asia-Europe spot freight rates continued their steady march down from the year’s high reached on July 1 and have dropped by almost $500 per twenty-foot-equivalent unit in the past three weeks.The spot rate on Asia-North Europe fell… Asia-Europe spot rate decline slows before Aug. 1 GRI […]

Next phase of inland ports are intermediate DCs near cities Spurred on by the desire of consumers to receive their orders faster and cheaper, retailers are establishing “intermediate”… Next phase of inland ports are intermediate DCs near cities Journal of Commerce

Ocean Alliance betting big on trans-Pacific services to East, Gulf coast WASHINGTON — The Ocean Alliance in April plans to deploy the most expansive all-water trans-Pacific service network to U.S. East and Gulf Coast ports that has been seen in years, according to a U.S. maritime regulator. Ocean Alliance… Ocean Alliance betting big on trans-Pacific […]

Trans-Pacific eastbound spot rates pop as peak season nears Spot rates in the eastbound trans-Pacific got a nice pop this week as retailers move closer to the peak-shipping season, according to the Shanghai Containerized Freight Index. The spot rate for shipping a 40-foot container from Shanghai… Trans-Pacific eastbound spot rates pop as peak season nears […]

Asia-Europe spot rates fall ahead of Med capacity injection The slide in spot freight rates from Asia to North Europe and the Mediterranean continued this week, even as G6 Alliance carriers start to ramp up both… Asia-Europe spot rates fall ahead of Med capacity injection Journal of Commerce

Top forwarders grapple with container shipping alliance reshuffling The world’s forwarders that manage half of the global container trade are accustomed to the frequently changing shape of the liner… Top forwarders grapple with container shipping alliance reshuffling Journal of Commerce