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DB Schenker expands sustainable city logistics in Norway May 07,2021
Global logistics services provider DB Schenker has teamed up with Daimler Trucks’ FUSO brand to reduce its greenhouse gas emissions in Norway, expanding DB Schenker’s electric vehicle fleet and highlighting “the importance of electric mobility”. Back in October 2020, ... [learn more]
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Maersk posts record first-quarter earnings May 06,2021
The ongoing challenges facing the containerised supply chain have helped push Maersk to a record first quarter for earnings and profitability in a market that is set to remain disrupted into the fourth quarter of the year.“AP Moller-Maersk delivered an exceptionally strong performance in the fir... [learn more]
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Ex-China air freight rates continue rise May 06,2021
Ex-China air freight prices are continuing to rise this week on the back of highly constrained air freight capacity and strong demand, leading to very high load factors.Air freight data specialist TAC Index highlighted that as air cargo capacity is continuing to tighten, “some carriers are starting ... [learn more]
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Air freight carriers fly in Covid aid to India May 06,2021
IAG Cargo, the cargo division of International Airlines Group (IAG), and its sister company British Airways will operate a relief flight to India transporting 27 tonnes of medical aid as the humanitarian crisis caused by the worsening of the country’s Covid-19 pandemic worsens, joining other carrier... [learn more]
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Suez aftermath boosting China-Europe rail freight services May 06,2021
With increasing volumes of cargo being experienced on its LCL and FCL rail freight services between China and Europe, Asia-based international logistics providerU-Freight Group says that the recent problems in the Suez Canal have made the transport of freight by rail from China into Europe look all the more a... [learn more]
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Long-term box rates rise to new highs Apr 30,2021
Long-term ocean freight contract prices continued to rise in April, with all of the key headhaul markets for the US, Europe and Asia seeing year-on-year and month-on-month rises, new figures from Xeneta reveal.Figures published today based on the digital rates specialist’s Xeneta Shipping Index (X... [learn more]