As major container shipping lines consistently bypass the Red Sea to avoid the threat of rebel missile attacks, air cargo volumes are finally getting a boost (source: Freight Waves).
READ MORE >Two new members joined EMO Trans Germany’s Board of Directors: Ercan Ince (45) and Norman Klinkhammer (34). Both already held leading positions within the company: Ince at the logistics agent’s headquarters in Filderstadt near Stuttgart, Klinkhammer in EMO’s station on…
READ MORE >The third release of the European Union’s customs pre-arrival safety and security system – Import Control System 2 (ICS2) – goes live on June 3, 2024. The EU has prepared fact sheets to assist importers with compliance.
READ MORE >Energy shipper Shell halted all Red Sea transits on Tuesday, as did the big three Japanese tanker and bulker owners: MOL, NYK and K-Line. Container-ship diversions around the Cape of Good Hope now appear likely to last for months (source:…
READ MORE >The U.S. Navy has warned American-flagged vessels to steer clear of areas around Yemen in the Red Sea and the Gulf of Aden for the next 72 hours after the U.S. and Britain launched multiple airstrikes targeting Houthi rebels. The…
READ MORE >US West Coast ports are back to normal after pandemic gridlock and drawn-out labor negotiations spurred fears that market share would be lost to the East and Gulf coasts for good, Port of Long Beach CEO Mario Cordero said (source:…
READ MORE >The peak season surge in air freight rates of the past three months appears to have come to an end according to the latest data from TAC Index, the price reporting agency (PRA) for air freight markets (source: STAT Times).
READ MORE >Transportation metrics slid again in December with capacity increasing at a faster pace and prices declining at a higher rate, according to a monthly survey of supply chain executives. However, there was some optimism that the cycle may turn in…
READ MORE >U.S. and Belgian cargo hubs Port Houston and the Port of Antwerp-Bruges, together with four other partners, have signed a landmark agreement to form a strategic alliance aimed at accelerating the transatlantic green transition (source: Offshore Energy).
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