The world’s biggest container ship, built by South Korea, has passed through the Suez Canal en route to Europe
As the pandemic continues to wreak havoc across global economies, U.S. retailers with a global footprint have felt the pinch, with demand for products continuing to fluctuate.
A Singapore-flagged containership lost at least 40 containers overboard in heavy seas off the coast of Sydney
Hong Kong International Airport maintained its position as the world’s busiest cargo airport last year, but challenging market conditions led to an overall decline in demand at the top 20 hubs
After a week of bounce momentum the market appears to have stalled out once again.
Throughout April, container shipping spot freight rates on the back-haul trade from North Europe to China were higher than those on the front-haul trade from China to North Europe.
The largest container port complex in the United States, estimated that cargo volumes would continue sliding down in the second quarter after the bleak first quarter.
China Tianjin Container Freight Index (TCI), an indicator of northern China’s international container freight rates, stood at 539.06 points on Tuesday
The additional visibility into air and ocean freight transport modes complements project44’s truckload and less-than-truckload solutions.
Despite signs of ex-China air cargo pricing stabilising, expects air and ocean price and supply chain disruption to persist for some time
LATAM Cargo has launched services from Europe to the US for the first time, as capacity on the trade has been reduced due to the coronavirus outbreak.
Freight forwarder advances tech investment in digital platform transaction
The company incurs $900 million in costs related to COVID-19. The nation’s largest retailer reported adjusted earnings per share (EPS) of $1.18, $0.09 ahead of the consensus estimate .