Logistics

© Josepalbert13 By Mike Wackett 13/03/2020 Shippers and BCOs are being advised against signing long-term contracts with ocean carriers, due to the “unprecedented uncertainty” in the liner industry. Speaking via...

TOKYO -- Demand for air freight charter services is on the rise in East Asia as manufacturers scramble to secure vital supplies amid the coronavirus pandemic, even at sharply higher costs.The...

The U.S. Commerce Department’s Census Bureau, which is charged with collecting the nation’s trade statistics, said it is working with its counterparts among the various export enforcement agencies to redefine...

On Friday, Oct. 11, headlines blared of crude-tanker rates topping $300,000 per day, but the reality didn’t quite match the initial hype. Those numbers were for conditional deals, known in...

Severe congestion at Chinese ports is easing, say officials and industry participants, although a logjam of refrigerated containers has disrupted supplies of fresh and frozen food and pushed up freight...

LONDON--(BUSINESS WIRE)--The logistics market in APAC is poised to grow by USD 130.18 billion during 2020-2024, progressing at a CAGR of almost 6% during the forecast period. Request free sample...

© Tero Vesalainen By Alex Lennane 13/03/2020 Airlines and forwarders are beginning to release their plans for transatlantic air freight over the coming weeks – and rates are starting to surge....

The Baltic Exchange's main sea freight index edged down on Friday, as lower rates for panamax vessels more than offset a rise in the capesize and supramax segments.The Baltic index,...

© Mike Suszycki By Alex Lennane 13/03/2020 Fiata and other forwarding associations have failed the industry and should be restructured, claims veteran freight forwarder Steve Walker. In a speech in...

Dachser Air & Sea Logistics is the latest freight forwarder to announce an expanded charter operation as it looks to head off a coronavirus-related capacity crunch. The company said that...