After months of almost uninterrupted decline, container freight rates are finally showing a slight sign of recovery. According to data from the Drewry World Container Index, reported by FreightWaves, the global average level has increased by about 7% over the past week, reaching nearly ,927 per 40-foot container. This increase remains...
Behind the big numbers of a rapidly expanding global fleet lies a much more subtle imbalance. On one side, shipowners have a veritable army of mega-container ships, capable of carrying more than 20,000 TEUs on the major East-West routes. On the other hand, the market is facing a growing scarcity...
As traffic thru the Suez Canal begins to normalize after the security crisis in the Red Sea, shipowners are preparing to redistribute some of the vessels deployed on detour routes via the Cape. Good news for overall transit times… but a more worrying outlook for freight rates on some regional...
Since dawn, several Mexican highways have looked more like improvised parking lots than logistical corridors. Groups of drivers block entire stretches of national highways, sometimes with a simple line of trucks, sometimes with larger gatherings. Their message is simple: they can no longer cope with the assaults, cargo thefts and...
China Cargo Airlines inaugurates a direct Paris–Shanghai freight flight, complemented by feeder road connections across Western Europe. This corridor meets an increased demand from European component and electronics industries toward Asia, and reverses the “classic” Asia-Europe export flow. By bringing the inventory of components in Europe closer to Asia, shippers...
Chinese shipbuilder Hudong-Zhonghua Shipbuilding today delivered its ninth LNG carrier of the year, marking a new record for a single builder in a full year. The vessel, with a capacity of 174,000 m³, was developed for a major Chinese LNG project, with high-performance containment, reduced energy consumption, and LR/CCS classification....
The problem of cameras mounted on trucks was discussed at the Trimble Insight 2025 trade exhibition mainly from the aspect of usage regulations rather than only from a technological one. Installing cameras without establishing a clear policy, according to a number of speakers, causes more stress than security. The primary takeaway...
A new regulatory battle is brewing at the heart of American agricultural logistics. The strict enforcement of a Federal Motor Carrier Safety Administration (FMCSA) rule regarding commercial driver’s licenses (CDL) for non-American drivers could sideline up to 75% of the transportation workforce deemed “critical” for harvests. Agricultural organizations are sounding the alarm:...
The air bridge between Asia and the UK’s heartland continues to thicken. Hong Kong Air Cargo has launched a series of charter flights to East Midlands Airport (EMA), becoming the seventh all-cargo carrier to open operations at the hub since May. aircargonews.net EMA confirms its role as an e-commerce and express hub...
Bangladesh has just taken a significant step in modernizing its maritime corridors. The government has signed a concession agreement with APM Terminals and local partner QNS Container Services Ltd to develop the Laldia Container Terminal in Chattogram, with an investment of over $550 million. The agreement, concluded with the Chittagong Port Authority...
