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7411 posts

Freight rate index now 430% higher than last year

The Freightos Baltic Index (FBX) ended August at US$10,321 per FEU, only…
  • September 6, 2021
  • 2 minute read

Shippers artificially inflate freight rates through voluntary increases

A carrier revealed that if it offered US$10,000 per container to the…
  • September 6, 2021
  • 2 minute read

PortCalls September 6, 2021

Our latest issue (PortCalls_September 6, 2021). Stories include: Foreign lines subject of…
  • September 6, 2021
  • 1 minute read

OOCL places order for 10 mega box ships

The ten 16,000-TEU container ships have a total value of US$1.6 billion…
  • September 3, 2021
  • 2 minute read

HMM workers close wage deal, scrap strike

The 77-day labor dispute comes to an end Workers get a 7.9%…
  • September 2, 2021
  • 2 minute read

Vietnam, Malaysia COVID outbreaks drive new logistics woes

Southeast Asia, a low-cost manufacturing hub for many global companies, has been…
  • September 1, 2021
  • 3 minute read

DHL deploys converted freighter to intra-Asia network

Newly converted Boeing aircraft offers 30% increase in gross payload for customers…
  • September 1, 2021
  • 2 minute read

UPS appoints first female president for Asia Pacific operations

As president of UPS Asia Pacific, Michelle Ho will lead over 13,000…
  • September 1, 2021
  • 2 minute read

PortCalls September 1, 2021

Our latest issue (PortCalls_September 1, 2021). Stories include: 2 firms win 9…
  • September 1, 2021
  • 1 minute read

Hapag-Lloyd orders 75,000 more containers

Another 75,000 twenty-foot equivalent units (TEUs) of dry boxes on order Delivery…
  • August 30, 2021
  • 1 minute read