Category Archives for Industry News

Spike takes Asia-Europe spot rates back above ,100 per box Spot rates on the Asia-Europe trade continued their volatile mid-summer ride, rising $412… Spike takes Asia-Europe spot rates back above ,100 per box Journal of Commerce

India orders more efficient port land use as it steps up reforms The government of India believes its landlord ports are underutilizing their assets and land and has proposed the leasing of vacant areas, including idle berths, for development… India orders more efficient port land use as it steps up reforms Journal of Commerce

Wind projects offer growth, challenges for breakbulk carriers Wind power shipments have emerged as one of the key growth sectors in breakbulk and project cargo shipping. Wind power capacity in the U.S. grew 15 percent last year and will increase 10 percent this year and 11 percent next year, according to the U.S. Energy Information […]

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 […]