The Loadstar - Making sense of the supply chain
Rates update, week 51: GRIs boost prices, with more to come in January Container spot rates on the transpacific trades shot up this week, on the back of a series of mid-December general rate increases (GRIs) that appear to have significantly boosted prices.
Gemini drops Felixstowe for London Gateway on Asia-Europe …
Nov 15, 2024 · “Due to this change, Felixstowe will not be a part of Maersk and Hapag-Lloyd’s shared Gemini network.” “Gemini choosing London Gateway for their Asia-Europe and Middle East-Europe services is a testament to the investments we’ve made to build an advanced, world-class logistics hub,” Ernst Schulze, chief executive , Ports & Terminals, DP World in the UK, said.
Air cargo spot rates hit 2024 peak, while Vietnam becomes a …
Oct 11, 2024 · Air cargo spot rates have risen to their highest level this year, despite the recent Golden Week holiday in China. Tonnages fell by 7% week on week out of Asia Pacific, in the week to 6 October, WorldACD said.
Seko Logistics refinances after being hit by 'freight recession' - The ...
Sep 20, 2024 · Seko Logistics has admitted that it has had to refinance, but was at pains to point out that it had not defaulted on debt repayments. After Loadstar DeskOne broke the news this week that things were afoot at Seko, the company put out a statement yesterday in response to The Loadstar ’s questions a day earlier.. However, the statement failed to include any detail on the refinancing, which it ...
New strings attached - shipping shapes up for 2025 with Premier ...
Sep 9, 2024 · The structure of the global container shipping alliance next year is set for a further shake-up after MSC unveiled its new standalone east-west service network and revealed it has concluded a vessel-sharing agreement (VSA) with THE …
Fallout from hurricanes a greater concern than strikes, say …
Oct 10, 2024 · Forwarders are increasingly concerned by the storms battering the southern US, as fears of long-lasting fallout from the port strike recede.
Forwarders slam Canadian government 'late intervention' in port …
Nov 14, 2024 · Forwarders have lambasted the Canadian government for its “late intervention” in the stand-off between dockers and their employers across the country’s ports.
eVTOL drone project gets closer to flights carrying air cargo - The ...
Nov 19, 2024 · Pipistrel, a tech-based mobility company, claims to have “reimagined the future of air freight transport” with its Nuuva V300 hybrid-electric VTOL unmanned cargo aircraft.
Loadstar Podcast | November 2024 | Trump tariffs, TIACA insights, …
Nov 20, 2024 · Host Mike King explores the latest developments in airfreight and global trade policy on this episode of The Loadstar Podcast. Reporting from TIACA’s Air Cargo Forum (ACF) in Miami, Alex Lennane shares insights from industry leaders, while Brian Bourke (SEKO Logistics) and Niall van de Wouw (Xeneta) weigh in on market dynamics as we approach Donald Trump’s inauguration in January 2025.
Harim would submit new bid if HMM came up for sale again - The …
Oct 23, 2024 · However, Harim chairman Kim Hong-kuk has now confirmed that the group would review a deal if the opportunity arose again. But he has, reportedly, questioned whether the government was “sincere” about selling to the private sector.