PortCalls August 16, 2021

Our latest issue (PortCalls; August 16 2021). Stories include: E-TRACC for warehousing…

Port of Long Beach handles record volumes in July

The port achieves ‘best July’ with almost 800,000 TEUs moved Imports slightly…

Drewry sees sustained reefer freight rate uptick until 2022

A combination of buoyant cargo growth and tight capacity conditions will continue…

Major Chinese port on partial shutdown after COVID case detected

Operations at the Meishan Terminal in Ningbo-Zhoushan port in eastern China have…

Cathay Pacific cuts 1H loss on strong cargo demand, workforce cuts

Cathay Pacific’s loss of HKD7.57 billion in the first half of 2021…

Kerry Logistics launches Asia-to-US air freight service

The Kerry Freight Controlled Network is a freight integrator that will be…

Maersk sees Q2 profits jump as bottlenecks propel rates

Group revenue grew 58% to US$14.2 billion in the second quarter and…

PortCalls August 11, 2021

Our latest issue (PortCalls; August 11 2021). Stories include: BOC releases rules…

No short-term easing of freight rate levels in sight

This huge rate spike comes considering that the FBX level was already…

Asia-US freight rates hit fresh highs in July: Freightos

Ocean rates are still very elevated and transit times volatile due to…