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Market Focus
  • New ZPMC Cranes Will Augment Port of Oakland’s Big Ship Capability Jun 24,2020

    ZPMC discussed the new cranes and new harbor automation technology at a Propeller Club of Northern California virtual presentation on June 16th.At the presentation, Port of Oakland executive director Danny Wan welcomed ZPMC: “We are especially excited to welcome ZPMC who will be delivering new crane... [learn more]

  • TAPA-Bosch partnership boosts secure truck parking in Europe Jun 22,2020

    A partnership between two of Europe’s leading cargo security networks has helped increase secure truck parking by almost 43% in the past year.The Transported Asset Protection Association’s (TAPA) said its programme to reduce cargo thefts and increase supply chain resilience in the Europe... [learn more]

  • Ocean freight rates soar as tight capacity meets climbing demand Jun 22,2020

    Ocean freight rates on key transpacific lanes have risen strongly in the last week, as an increase in demand continues to meet restricted capacity.Digital rates specialist Freightos noted that China-US East Coast prices have exceeded $3,000/FEU for the first time since July 2019, and China-US West Coast rates... [learn more]

  • European available road freight capacity dips after all-time highs Jun 22,2020

    European available road freight capacity on the spot market hit record levels in April and May to the backdrop of COVID-19, although the current month has brought some relief in the supply-demand imbalance, according to the latest Transport Market Monitor published by German cloud-based logistics softwa... [learn more]

  • Polar Air Cargo joins PHARMA.AERO Jun 17,2020

    Polar Air Cargo has become the latest full member of Brussels-based pharma trade body PHARMA.AERO. It joins airlines such as Singapore Airlines, Cathay Pacific and Amerijet.“We’re so pleased that Polar Air Cargo has joined PHARMA.AERO,” says Lars Winkelbauer, EVP and COO, Polar A... [learn more]

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