OPINION: Are container carriers price gouging?
Source: Sea Intelligence WITH container spot rates far exceeding all past records in most trades, container carriers and their pricing behaviour are coming under increased...
UPDATE: Maersk Essen heads to Mexico
MAERSK Essen is heading to Lazaro Cardenas, Mexico, after losing some 750 containers overboard in heavy seas on 16 January. According to a statement from Maersk obtained by DCN,...
CEVA joins consortium to help distribute COVID vaccine worldwide
CEVA LOGISTICS has signed a memorandum of understanding with Abu Dhabi Ports to work with the Hope Consortium, which is an umbrella organisation of the UAE-based public-private...
Meth importation plans up in smoke
A JOINT release between the Australian Federal Police, Australian Border Force, the Australian Criminal Intelligence Commission and Victoria Police has confirmed that the agencies...
Logistics provider appoints APAC chief
GLOBAL logistics provider DB Schenker has named Dr Niklas Wilmking as its new CEO for the Asia Pacific region. Dr Wilmking was most recently executive vice president of global...
Ocean carriers battle the COVID cargo crunch
IN global supply chains, manufacturers and retailers normally operate with months and years of forward planning. Carriers invest billions of dollars in vessels and other assets...
Singapore port authority increases volume by 1.7% year-on-year
THE Port of Singapore Authority increased its volume by 1.7% from 2019 to 2020 (calendar year), with flagship PSA Singapore contributing 36.6m TEUs (-0.9%) and PSA terminals...
DHL buys Boeing 777 freighters
DHL Express and Boeing announced that the global logistics company placed an order for eight additional new Boeing 777 freighters. The investment marks a further step in DHL...
NPDL announces return of weekly Fiji service
NEPTUNE Pacific Direct Line announced that its weekly sailing schedule between New Zealand and Fiji will return, with improved local and global connectivity via strategic hubs in...
Partners launch first zero-emission air freight route
TO support the industry’s carbon reduction targets, Kuehne+Nagel and Air France KLM Cargo have launched the first carbon neutral air freight lane between North America and Europe....
Drugs smuggled in air cargo consignment
NEW SOUTH Wales Police have charged a man after $675,000 worth of liquid MDMA was discovered in an air-cargo consignment. The Australian Border Force examined a consignment that...
DHL Global Forwarding promotes two in Asia Pacific
DHL GLOBAL Forwarding announced two appointments to its Asia Pacific management board. DHL Global Forwarding India CEO Niki Frank will expand his portfolio to include the entire...
How long will container rate highs last?
WE are in one of the strongest bull markets for container carriers seen in the last few decades, with container rates on many trade lanes setting records week after week. But how...
Global air cargo volumes end year on a ‘relative high’
DESPITE no traditional peak season for global air cargo demand in Q4 2020, the year ended on a ‘relative high’ in December with the first positive year-on-year growth in weekly...
Kuehne+Nagel finalises COVID-19 vaccine distribution
BIOTECHNOLOGY company Moderna pioneering messenger RNA (mRNA) therapeutics and vaccines, and Kuehne+Nagel have agreed an international supply chain arrangement to provide...
