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Market Focus
  • FedEx ups peak surcharges as demand stretches air capacity May 14,2021

    FedEx has implemented fresh increases in international peak surcharges as strong demand stretches air cargo capacityand whichis also impacting on its services and operations in Europe, CEP-Research reports.As of 10 May, the US integrator adjusted diverse peak surcharges for freight shipments between various p... [learn more]

  • Cargo facilities to be expanded at New York airport May 14,2021

    The Port Authority of New York and New Jersey has announced the expansion of cargo space and services.its facilities at New York Newark Liberty International Airport, responding to a sharp rise in demand from the market.The agency has issued “a request for proposals (RFP)” to pre-qualified... [learn more]

  • WACO System in digitalisation drive May 14,2021

    WACO System, the independent global freight management and logistics organisation, has appointed Texas-headquartered global logistics 'Software as a Service' company, Slync.io, as an Associate Vendor Member.“The Logistics Orchestration® platform by Slync.io provides WACO members with... [learn more]

  • Sennder acquires Dutch forwarder Cars&Cargo May 12,2021

    Rapidly expanding European digital road freight forwarder Sennder announced today that it has acquired Cars&Cargo, a Dutch-based freight forwarder operating across France and Benelux and said it was continuing to evaluate other strategic acquisitions to strengthen its offering across Europe.Sennder said t... [learn more]

  • Reefer container freight rates soar May 12,2021

    Reefer container freight rates have risen sharply this year “but remain far outgunned by the inexorable rise in dry box pricing”, according to Drewry’s newly launched Reefer Shipping Forecaster report.Drewry’s Reefer Container Freight Rate Index, a weighted average ... [learn more]

  • TradeLens platform extends reach into China May 12,2021

    Maersk and China Unicom have formed a partnership to commercialise TradeLens, a blockchain-based container logistics platform, in China.China Unicom Digital Tech, a subsidiary of the state telecommunications giant, will host and operate the Maersk/IBM developed digital platform on the Chinese mainland, maki... [learn more]

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