Reefer freight prices escalate but still no match to dry freight rates

Weighted average of reefer freight rates jumped 26% in the first quarter…

Asia Pacific forwarding market to see fastest growth over five years

The regional freight forwarding market contracted by 8.5% last year Projected growth…

Kuehne+Nagel acquires Apex in $1.2B deal

Acquisition of Apex completed after satisfying all closing conditions Significant fulfillment of…

PortCalls May 12, 2021

Our latest issue (PortCalls; May 12 2021.) Stories include: PH stays in…

PortCalls May 10, 2021

Our latest issue (PortCalls; May 10 2021.) Stories include: ATI seeks 15%…

Freight rates hit new high in April on delayed Suez crisis impact

Suez blockage-related congestion, delays and equipment shortages drove a 5% increase in…

Air freight prices strengthen as demand outstrips capacity  

The Baltic Air Freight Indices (BAI) increased by almost 17% in April…

Domestic carrier to digitalize fleet management

 Philippine Span Asia Carrier Corp. (PSACC) will implement Sertica fleet management software…

DP DHL quadruples net profit in Q1, raises guidance anew

Group follows up on record result in 2020 and more than triples…

PortCalls May 5, 2021

Our latest issue (PortCalls; May 5, 2021). Stories include: PCC investigating shipping…