News Media
-
.png)
-
-
[SHIPPING INDEX] World Container Index - 11 Apr
Date : 2024-04-16
Drewry’s World Container Index decreased by 1% to $2,795 per 40ft container this week.
-
[AIR INDEX] WorldACD Weekly Air Cargo Trends – week 14
Date : 2024-04-16
Worldwide air cargo rates have continued to rise into the first week of April, boosted by a surge in prices and demand from Middle East & South Asia origins, according to the latest weekly figures and analysis from WorldACD Market Data, despite a fal...
-
[AIR] How cross-border e-commerce is propelling air cargo industry
Date : 2024-04-16
The e-commerce air cargo sector is experiencing an unprecedented surge and is expected to grow remarkably in the coming years. According to Andre Majeres, the Head of E-commerce, Cargo, and Mail Operations at the International Air Transport Associati...
-
[SHIPPING] March U.S. Import Container Volume Continues Strong Trajectory
Date : 2024-04-16
In March 2024, U.S. container import volumes increased 0.4% from February, but jumped 15.7% when compared to the same month last year, indicating exceptional growth when considering the impact of the Chinese Lunar New Year on the second half of March...
-
-
EUSU LOGISTICS MONTHLY LOGISTICS & NEWS_MARCH '2024
Date : 2024-03-26
EUSU LOGISTICS MONTHLY LOGISTICS & NEWS
-
[AIR] Air freight rates decline on LNY impact: TAC Index
Date : 2024-02-21
Global air freight prices have fallen back again, according to the latest data from TAC Index, the leading price reporting agency (PRA) on air freight. "The overall Baltic Air Freight Index calculated by TAC declined 8.2 percent over the week to 19 F...
-
[AIR] Indian e-commerce takes the air route to deliver cross-border
Date : 2024-02-21
Online retail shipments around the world are pouring volumes to air cargo due to the speed factor. The Indian air cargo is also witnessing an increased movement of e-commerce but not without challenges. “During the peak of the Covid-19 pandemic, it w...
-
[SHIPPING] Spiralling ocean freight rates from the Far East to US may have peaked
Date : 2024-02-21
The Red Sea crisis sent ocean freight rates from the Far East to US spiralling by more than 150%, but there appears to be some relief on the horizon for shippers. The latest data released by Xeneta indicates a peak may have been reached after spot r...
-
[SHIPPING] China-US container leasing rates rise threefold, container demand recovery on the horizon
Date : 2024-02-21
The global shipping industry experienced a significant surge in rates over the past couple of months, as an aftermath of the Red Sea crisis. Three months into this crisis, container leasing rates on the China-US trade route have surged dramaticall...
-
.png)
[AIR] Ex-China air cargo rates surge ahead of Lunar New Year
Date : 2024-02-14
Air cargo rates from China have surged in the final full week ahead of Lunar New Year (LNY) on February 10 as shippers rush to get goods shipped before the LNY holiday period, according to the latest figures from WorldACD Market Data. Rates for air c...
-
[AIR] LOVE IS IN THE AIR… THE IMPACT OF VALENTINE’S DAY ON AIR FREIGHT
Date : 2024-02-14
In the week ending 4 February the air cargo spot rate from Columbia and Ecuador to Miami increased by 37% to USD 1.45 per kg compared to three weeks prior, just before the start of the peak season. Despite carriers increasing capacity through addi...
-
[SHIPPING] US Container Imports Expected to Rise in First Half of 2024
Date : 2024-02-14
The first half of this year is projected to see an increase in inbound cargo volume at major U.S. container ports despite recent attacks on ships in the Red Sea, according to the latest Global Port Tracker report by the National Retail Federation and...
-
.png)
[SHIPPING] Red Sea Greens to Chinese New Year Blues: Where are container spot prices headed?
Date : 2024-02-14
As the Chinese New Year Blues unfold, with the “Year of the Dragon” being celebrated from the 10th to the 15th of February, 2024, the container spot rates finally seem to have given up their green sprints that commenced on account of the Red Sea disr...
-
[SHIPPING] Despite dim outlook, January imports grew at fastest pace in 7 years
Date : 2024-02-14
With geopolitical tensions rising around the Suez Canal and water levels dropping at the Panama Canal, one could be forgiven for expecting U.S. imports to fall in January. But, according to new data from Descartes, they were shockingly robust. The...
-
[SHIPPING] No large ships idled this week
Date : 2024-02-14
Following the impact of the Houthi attacks on commercial shipping in general and container ships in particular the number of large boxships idled fell to zero with carriers deploying tonnage to maintain schedules on the longer Cape route.
-
[AIR] Strong, slow January pushes air cargo volumes up 10%
Date : 2024-02-06
Global air cargo volumes rose by a surprise but welcome 10 percent year-on-year in January as shippers’ concerns over hostilities in the Red Sea and an early Lunar New Year more than compensated for an anticipated post-Christmas drop in ecommerce tra...
-
[Shipping] Israel logistics startup forges overland trade route to bypass Houthi Red Sea crisis
Date : 2024-02-06
Trucknet Enterprise, an Israeli smart transportation company has forged agreements this month to facilitate an overland trade route for the transfer of goods from the Persian Gulf through Saudi Arabia and Jordan to Israel bypassing the Red Sea waterw...