More Shipping Lines Set to Plunge into Losses in Q4
Veuillez noter que certaines nouvelles de transport international ainsi que les nouvelles américaines sont disponibles en anglais seulement. Ocean carrier operational profits fell below pre-pandemic levels in the third quarter – and results for Q4 are likely to be a whole lot worse.
‘Dire’ Scenario for Shipping Lines More Likely as Spot Rates Fall Back
Veuillez noter que certaines nouvelles de transport international ainsi que les nouvelles américaines sont disponibles en anglais seulement. There’s a lot at stake for container lines’ 2024 bottom lines in the last few weeks of 2023. If lines can’t push up spot rates very soon, next year’s annual contract rates will reset much lower versus […]
Pricing Index Shows Airfreight Rates Creeping Steadily Upwards
Veuillez noter que certaines nouvelles de transport international ainsi que les nouvelles américaines sont disponibles en anglais seulement. The August to September uptick on airfreight rates on major Asia-outbound lanes is gradually continuing, pricing analysts say.
Heightened Cargo Theft Trends Continue in Q3
Veuillez noter que certaines nouvelles de transport international ainsi que les nouvelles américaines sont disponibles en anglais seulement. In a trend that shows no signs of slowing, cargo theft for the third quarter of 2023 increased 59% year-over-year after comparable increases in quarters one and two, according to a report from freight security network CargoNet. […]
Ocean Carriers Are Driving the Rates Race to the Bottom – ‘They’re All at It’
Veuillez noter que certaines nouvelles de transport international ainsi que les nouvelles américaines sont disponibles en anglais seulement. Carriers are themselves driving the rates ‘race to the bottom’ they warned would lead to a “dire situation” in 2024 – Maersk singled out as one of the worst offenders.
Flights Get Longer as Airlines Are Forced to Skirt War Zones
Veuillez noter que certaines nouvelles de transport international ainsi que les nouvelles américaines sont disponibles en anglais seulement. The Middle East has long been a global crossroads for air travel, with hundreds of aircraft bisecting the region every day on long-distance journeys connecting the U.S., Europe and Asia.
Panama Canal Plans to Cut Transits by 40% Due to Ongoing Drought
Veuillez noter que certaines nouvelles de transport international ainsi que les nouvelles américaines sont disponibles en anglais seulement. The Panama Canal Authority released plans to drastically scale down transits at the canal phased in over the next three months as it reports water levels have continued to decline to unprecedented levels for this time of […]
Airfreight Rate Increases Pick Up Pace in October
Veuillez noter que certaines nouvelles de transport international ainsi que les nouvelles américaines sont disponibles en anglais seulement. Airfreight rates on major east-west trades picked up in October as the industry entered its traditional peak season.
Unionized Employees Ratify Collective Agreement with St. Lawrence Seaway Management Corporation
Veuillez noter que certaines nouvelles de transport international ainsi que les nouvelles américaines sont disponibles en anglais seulement. The St. Lawrence Seaway Management Corporation (SLSMC) announced on November 2 the ratification of a three-year collective agreement with its 360 unionized employees represented by Unifor.
Maersk Cutting 10,000 Jobs in Face of ‘Worsening Market Conditions’
Veuillez noter que certaines nouvelles de transport international ainsi que les nouvelles américaines sont disponibles en anglais seulement. Maersk revealed Friday that it is “intensifying” job cuts in light of the “worsening market conditions” in ocean shipping.