Raymond STERN
Saipem falls to first-half loss but eyes pick-up in sales
Contractor’s results buffeted by Covid-19 and issues at North Sea wind project Saipem reported on Friday second quarter earnings that...
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Raymond STERN
Jul 29, 2021
The true cost of shipping.
The true cost of shipping from Asia has for some time exceeded even the highly elevated container spot market rates, with the payment of...
Raymond STERN
Jul 29, 2021
DSV Panalpina aims for more market share as it looks to integrate Agility
Freight forwarders serve shippers much better than shipping lines – and large forwarders are best of all, claimed DSV Panalpina in its...
Raymond STERN
Jul 28, 2021
Shipping prices may be heading higher but are ‘not super yet,’ analysts say
Shipping rates are at multi-year highs, but have not reached the bull cycle peaks of the past, said Rashpal Bhatti, vice president of...
Raymond STERN
Jul 28, 2021
China-Europe rail gets Vietnam connection, but huge mode shift brings delays
Booming China-Europe rail freight has expanded to Vietnam, but high demand and bad weather means lengthy delays. Due to overstretched...
Raymond STERN
Jul 28, 2021
Freight forwarders expect no change in container market for years, says British Freight Union.
The British International Freight Association (BIFA) has stated that it expects freight rates to remain at extraordinarily high levels,...
Raymond STERN
Jul 26, 2021
Freightify announces $2.5 million funding from Tradeworks VC, Venture Catalysts.
The company's platform handles more than $400 milion in freight revenue for customers and a corresponding GMV of $2 billion. Freightify,...
Raymond STERN
Jul 26, 2021
How to cushion consumers from high maritime freight rates
The cost of shipping one standard 20-foot container from Shanghai to Brazil, for example, is today nearly five times higher than the...
Raymond STERN
Jul 25, 2021
Global container port capacity will struggle to catch up with rising demand
The bleak outlook of significantly lower throughput levels for container hub ports at the outset of the pandemic has, 18 months later,...
Raymond STERN
Jul 22, 2021
FMC To Audit Ocean Carrier Demurrage and Detention Practices
On July 20, the Federal Maritime Commission (FMC) announced that it has established a new “Vessel-Operating Common Carrier Audit Program”...
Raymond STERN
Jul 20, 2021
DSV Panalpina secures higher rating from Moody's
Transport and logistics major DSV Panalpina receives one of the highest credit ratings from Moody's. The rating "strengthens DSV's...
Raymond STERN
Jul 20, 2021
Amazon Effect | The Need for Digitalisation in Logistics Industry
When Jeff Bezos, in 1994, realized the growth of the internet, he laid the business plan for one of the most successful companies ever...
Raymond STERN
Jul 19, 2021
UK Has Its Own Truck Driver Shortage
Driver recruitment agencies are “eating themselves” with practices that are eroding confidence in UK haulage, forcing a rethink among...
Raymond STERN
Jul 18, 2021
Luca Graf, Head of Digital Innovation, DSV Panalpina
Luca Graf, Head of Digital Innovation, DSV Panalpina, talks about how disruptive technologies are beginning to disrupt the freight and...
Raymond STERN
Jul 15, 2021
US Cargo Owners Applaud White House Order on Competitiveness
Groups representing cargo owners are praising President Biden’s executive order on business competitiveness, but say stronger regulatory...
Raymond STERN
Jul 15, 2021
Investing In A Logistics Firm
Globally, manufacturing companies especially consumer goods producers, rely on logistics firms to get their products to the end users who...
Raymond STERN
Jul 15, 2021
Volga-Dnepr flies custom-built compressor from Zurich to Abu Dhabi
Russian freighter operator Volga-Dnepr Airlines, in partnership with logistics provider Geodis, has transported a large custom-built...
Raymond STERN
Jul 15, 2021
BIRMINGHAM 2022 APPOINTS KUEHNE + NAGEL AS LOGISTICS PROVIDER
The Birmingham 2022 Commonwealth Games has appointed Kuehne+Nagel as its Official Event Logistics Provider. Following a competitive...
Raymond STERN
Jul 15, 2021
Cosco request for 10 neo-panamaxes pushes orderbook to 21% of the fleet
The ship-buying bonanza has continued with news of another order, this time for 10 neo-panamax vessels for Cosco Ship Holdings (CSH) from...
Raymond STERN
Jul 14, 2021
Ocean rates continue to climb as peak season heats up
Demand for ocean freight continues to outstrip supply as peak season heats up, pushing Asia-North Europe rates past the $13k/FEU mark,...
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