A strong U.S. economy should see Europe-North America container volume growth of 3%+ next year, but clouds hover over the trade.
A trade war truce is not stopping multinationals from exploring alternative sourcing options to China, but moving supply chains is difficult, says expert.
Even a full U.S.-China trade deal might not stop shippers moving production out of China. But is the U.S. a realistic option?
But an undercover survey finds that traditional forwarders face increased pressure from container lines and digital forwarders.
Hopes that last week’s trade deal might boost the beleaguered shipping lane are overly optimistic, says analyst.
New independent research reveals that lines are failing to adequately explain how IMO 2020 fuel bill surcharges are calculated.
British transport associations call on Prime Minister Johnson to quickly agree a future trading arrangement with the European Union.
The U.K. is now almost certain to leave the European Union on Jan. 31. However, a no-deal Brexit remains a possibility.
After electoral win, the newly empowered Conservative Government will push through legislation to ensure the U.K. leaves the European Union as scheduled on Jan. 31.
After adjusting for Lunar New Year distortions, the growth rate for Chinese exports to the U.S. in November was the lowest since January 1996.
Shipyards are facing a scrubber stampede as container lines seek to sidestep paying for low-sulfur IMO 2020 bunkers beginning on Jan. 1.
Losses in Europe are estimated to now be costing businesses billions of euros a year.
The Swedish truck giant’s venture capital arm has invested an undisclosed sum in Autotech Ventures.
Manufacturers also call for the rapid roll-out of dedicated charging and refueling infrastructure to help reduce the share of trucks running on diesel.
Carriers are “jacking up” spot rates to improve their negotiating hands with shippers as they agree pricing for IMO 2020 fuel bills and long-term Asia-Europe contracts.
“Undercover boss” believes average international airfreight shipment times should be at least a day faster. Experts agree the sector can up its game.
Trevor Milton believes replacing diesel trucks with cleaner alternatives will improve the image of trucking and enable legislators to slash emissions.
The partnership between IVECO and Nikola Motors announced in September will roll out its first battery electric truck to European buyers in 2021. A fuel cell electric model will follow in 2023.
Expert explains why shippers based in the U.S. and beyond should prepare urgently for the worst-case scenario – a no-deal Brexit in 2020.
Maritime, air and overland trade routes into Europe are being piggybacked by criminal gangs deploying the latest digital supply chain technologies to help meet mushrooming demand for illegal drugs across the European Union (EU), according to a major new report examining the continent’s illicit drugs business. The 2019 EU Drug Markets Report by the EU […]
The shift of production from China to southeast Asia is unlikely to stop the trans-Pacific container market from declining this year.
China’s exports to the U.S. contracted last month. Even so, slowing U.S. exports to its trade rival saw China’s trade surplus with the U.S. widen.
Animal rights groups call for the European Commission to ban the live transport of animals following the Black Sea tragedy.
CMA CGM reported solid results for the third quarter of 2019. However, those results were weighed down by the costs of financing its purchase of CEVA Logistics.
Demand could pick up next year, but U.S. elections are one of multiple potential pitfalls delegates at TIACA’s 2019 Executive summit heard this week.
Shippers believe container line consortia are anti-competitive and lack transparency.
The European Commission believes that container shipping lines need consortia to make “operations more financially viable and efficient.”
The new center at Cologne-Bonn Airport will help meet rising demand for express e-commerce shipments.
Japanese mafia are in the firing line after a record 400 kilos of cocaine are found in a container in Japan.
The new 40,000-square-meter center is the size of five football fields and has a sorting capacity of 50,000 shipments per hour.
With Soren Toft, Maersk COO just a week ago, poised to become MSC’s new CEO, FreightWaves examines which carrier rules the waves.
Europol believe Italy’s ‘Ndrangheta mafia is behind the use of Gioia Tauro as a cocaine hub for western Europe.
The shipping grapevine is abuzz with rumors that the man who was Maersk’s COO until Monday (Nov. 11) could soon be leading MSC.
Focus on profitability over market share bears fruit for Danish container shipping giant.
CEO tells FreightWaves the U.S.-China trade war has transformed the trans-Pacific trade and customers are receptive to paying IMO 2020 bills.
Maersk, MSC, Hapag-Lloyd and COSCO will be the main market share “losers”, says Alphaliner.
Although air freight prices have been edging upwards, sources suggest the 2019 peak season might be short-lived.
Brexit-driven scramble for supply chain properties continues as Tristan plans $165 million investment in Dutch logistics platform.
The Deutsche Post DHL Group subsidiary claims its new digital road freight platform is the continent’s first.
Capacity cuts by lines and higher bunker surcharges as IMO 2020 low sulfur fuels are phased in are fueling box freight rate inflation.
Uncertainty around trade wars and Brexit have been the biggest drags on air cargo markets this year, but Steven Polmans is an optimist.
A United Nations report concludes U.S. consumers and Chinese exporters are the primary losers in the trade war. Taiwan, Mexico, Europe and Vietnam are net beneficiaries.
A year after announcing a range of e-trucks for the U.S. market, Volvo Trucks has started selling all-electric models in Europe.
Asia-Europe and Asia-U.S. spot freight rates jumped 12-30% last week, but can carriers hold on to the gains?
Transit times of 10-12 days are promised on the new service from DHL Global Forwarding.
In a thinly veiled swipe at President Trump’s trade policy, the U.N. says protectionism will result in weaker maritime demand over the next five years.
The challenges facing the Danish logistics giant as it integrates Panalpina were evident in its first quarterly results since the $5 billion acquisition.
Tribunal rules $6 billion class action against manufacturers DAF, Daimler/Mercedes, Iveco, MAN and Volvo/Renault can proceed.
CEVA Logistics, the third-party logistics subsidiary purchased by the French shipping giant in April, will cross-sell and share warehousing with Wing.
The U.K. was scheduled to leave the EU on October 31, but now has until January 31, 2020 to get a deal approved by Parliament.
With spot container freight rates continuing to tumble, carriers are forecast to withdraw more capacity ahead of annual contract negotiations with shippers.
The world’s second-largest 3PL does not expect a rebound in air cargo markets until the second half of 2020.
Shippers will shun container lines that lack transparency or overcharge for low-sulfur fuels.
U.K. police are investigating whether human trafficking gangs were behind the deaths after 25-year old driver is arrested on suspicion of murder.
The need for dual-hub European logistics systems as Brexit looms is one reason the Hong Kong-based supply chain specialist is building a new hub.
The world’s second-largest third-party logistics provider reports sea and land transport Q3 performance gains but confirms air freight market decline.
France-based carrier says its new Shipfin Trade Finance products will be made available in Europe and the U.S. next year.
British government minister’s voyeuristic sex claims about truck drivers are “classist,” “inappropriate” and “ignorant,” says road transport representative.
The U.K.-based logistics company has been given due diligence access to the scandal-plagued trucking firm’s accounts.
French calls for mandatory slow steaming continue, but the introduction of low-sulfur bunkers could see container lines accelerate services as fuel markets are played for competitive advantage.
Brexit is now only two weeks away but the dangers facing truckers and shippers continue to mount.
September saw China record its lowest monthly export growth to the U.S. since 1996 as the trade war inflicted more damage.
FreightWaves finds growing evidence that manufacturers and distributors are transferring operations from the U.K. to northern Europe.
European shippers have joined with leading container line analyst Drewry to bring order to the “who pays what” implementation of IMO low-sulfur fuels.
Asia-Europe demand has been strong for much of the year, but spot rates have tumbled as some lines have cut rates. With demand weakening, carriers are poorly placed ahead of annual contract negotiations, says Drewry.
An influx of new container ships has hiked the average size of vessels deployed on the trans-Pacific and Asia-Europe trades, reports Alphaliner.
Renowned logistics analyst explains how Brexit will impact cargo flows, liner shipping calls and European supply chain planning.
European logistics giant could bring its famed, eco-friendly distribution centers to North America as its global expansion continues
Maersk expects ample supplies of low-sulfur fuels to be available in most ports, but warns shippers to expect higher costs.
Drewry expects service levels to be cut by lines if shippers prove unwilling to foot the bill for mandatory low-sulfur fuels.
The transfer of production out of China to avoid U.S. tariffs of up to 25% is having a tangible impact on global trade flows.
Spain’s road transport sector faces a “profound” shortfall in drivers, says IRU
The introduction of new low-sulfur fuels, bearish demand and increased blanked sailings will bring more volatility to box markets in the coming months, says MSI.
From Oct. 1 new low-sulfur fuel charges are being levied by some container lines with more to follow through Q4. Use of the fuels is not mandatory until January 1, 2020.
With 7,000-10,000 trucks using the Calais-Dover route between France and England every day, a no-deal Brexit will hit haulage companies hard, says the IRU.
The start of the box shipping slack season commences next week when Chinese factories close for the Golden Week holiday. Further spot rate losses are predicted by Alphaliner.
Trade lanes will come to a halt if the U.K. exits the EU on October. 31, believes the Secretary-General of the European Shippers Council.
At 400 meters in length, the CMA CGM Jacques Saade has capacity for over 23,000 containers.
Flexport’s head of airfreight believes a small bump in demand out of Asia could result from new U.S. tariffs, while higher fuel prices will push up air cargo costs.
The shipping giant has teamed up with JDA to boost warehouse and supply chain visibility
Getting to Zero Coalition, which includes Maersk Line, calls for “commercially viable zero-emission vessels” to be deployed on deep sea trade by 2030.
The $42.3 million bust is the latest in a string of global maritime drug seizures at sea and in ports.
FIATA warns that higher air, ocean and trucking fuels costs will be passed directly on to customers.
Blockchain to be deployed by VAKT to smooth the post-trade process
Boris Blanche, managing director of the International Road Transport Union, believes upskilling, better recruitment practices and semi-autonomous trucking can help address the shortfall of drivers.
According to an MSI analyst, a key mainline container trade hardly bumped this summer – and the forward outlook for carriers is less than upbeat.
Danish logistics conglomerate DSV is now one of the world’s leading forwarders after completing the acquisition of Panalpina in August.
With oil prices climbing 20%, bunker and BAF costs are expected to follow suit after Saudi drone attacks
Carriers are set to withdraw more Asia-Europe sailings in Q4 as excess capacity drags on freight rates.
Higher transport costs are a price worth paying to cut carbon emissions, says a U.K. government energy czar. Ship owners beg to differ.
Digitalization and automation are increasing the risk of cyberattacks, say intelligence agencies, but many shipping companies are refusing to act.
Truck capacity across the English Channel could be cut to 50% for up to three months, resulting in two day queues for drivers.
BIMCO, ICS, INTERCARGO and INTERTANKO call on charterers, bunker suppliers and nation states to “double their efforts” to ensure a smooth transition to low-sulfur fuel.
Future attacks could be far worse than the $10 billion ‘NotPetya’ attack in 2017 that hobbled Maersk and cost FedEx $300 million.
But a failure to secure a no-deal Brexit could scupper their plans to reshore manufacturing.
Healthy container throughput growth suggests they might be.
But trade associations call for more certainty as political impasse continues.
Pilot eLCV projects are planned in the U.S. next year with local production a long-term aim.
Does container shipping have a drug problem? After a string of busts in the U.S. in recent months, attention has now switched to the U.K., where authorities have seized 1,279 kilograms of heroin with a street value of £130 million ($148 million). The drugs were found Aug. 30 by officers from Border Force and the […]
Air cargo carriers are expecting a demand surge for scheduled and charter capacity if the British government overcomes opposition in Parliament and proceeds with a no-deal exit from the European Union Oct. 31, a scenario that even government experts agree will cause logistics chaos at English Channel ports. Opposition to a no-deal Brexit reached fever […]
