Forwarders and Shippers Bracing for Anticipated Q4 Hike in Air Cargo Rates
Airlines are looking ahead to air cargo’s fourth-quarter peak season to decide how best to maximize returns from capacity out of Asia as spot rates are predicted to go sky high.
Missile Attack Confirmed in Arabian Sea
A merchant vessel in the Arabian Sea reported an explosion in close proximity to it on Monday, the United Kingdom Maritime Trade Operations (UKMTO) said.
U.S. FMC Orders Probe into Provider Practices as Chassis Trouble Flares Up Again
The U.S. Federal Maritime Commission (FMC) has opened an investigation into the actions of the Ocean Carrier Equipment Management Association (OCEMA), following reports that the organization and its members are not complying with a ruling on rights of shippers and truckers on choosing chassis to move containers.
Disruptions Grow at German Ports as Labour Talks Drag On
Germany’s powerful union Ver.di is continuing to stage a series of “warning strikes” rolling across the main German commercial ports as the union says they are “still far apart” on contract negotiations.
Idle Containership Fleet Dips to Pandemic-Era Lows as Carriers Hunt Tonnage
As global demand for box ship capacity continues to dramatically outstrip supply, the number of idled vessels is down to numbers not seen since the pandemic.
Conditions Continue to Improve for Trucking Companies
“Better days are in sight for trucking companies.”
Rail Strike in Canada Likely as ‘Essential Services’ Hurdle Seems to Have Tumbled
Final submissions to the Canada Industrial Relations Board (CIRB) reveal neither rail companies nor the union believe “essential services” will be disrupted by a strike, which could pave the way for action.
Container Losses Fall to Record Low Through Study of Parametric Rolling
The container shipping industry continues to make strong progress in reducing the number of boxes lost overboard. The World Shipping Council, an industry group made up of the major carriers, reports for the second year in a row that the number of containers lost at sea has fallen to record-low levels as they make progress […]
WestJet Cancels Some 40 Flights in Anticipation of Strike by Mechanics
As of Wednesday, the WestJet Group had cancelled about 40 flights in anticipation of a possible strike by its aircraft maintenance workers today.
Singapore Port Logjam Lingers as Container Ships Keep Piling In
The logjam that’s been plaguing Singapore’s container port is bringing forward this year’s peak season for the shipping sector, spelling trouble for businesses in the city-state.