Industry News

Transflo, InMotion Global Partner in Transformative Digital Solutions in the Freight Industry Supply and Demand Chain Executive [...]

Freight futures suggest muted fourth-quarter tanker rally Lloyd's List [...]

[caption caption="There will be no rapid rollout of the COVID-19 vaccine once it is available, which will keep the capacity-constrained air cargo supply chain under pressure for well over a year. Photo credit: Shutterstock.com."][/caption]The global distribution of a COVID-19 vaccine could take up to 18 months, with heavy and sustained... [...]

[caption caption="The inbound logistics of COVID-19 vaccines will be infinitely more complex than the delivery of PPE and test kits out of Asia. Photo credit: Shutterstock.com."][/caption]The diversity of potential COVID-19 vaccines — and the unprecedented speed at which they are being developed — adds a level of complexity to the [...]

[caption caption="Wait times at major US hub airports have increased from four to five hours prior to the COVID-19 pandemic to between six and seven hours on average, according to air freight forwarders and truckers. Photo credit: Shutterstock.com."][/caption]Intense demand for face masks, personal protective equipment (PPE), and other medical supplies... [...]

[caption caption="The high cost of charter flights is further reducing profit margins on the east-west air trade. Photo credit: Shutterstock.com."][/caption]Soaring air freight rates out of Asia as demand for vital medical supplies from western markets battling the global COVID-19 outbreak outstrips capacity are not translating into higher margins for forwarders.Traditionally... [...]

[caption caption="Freightos said its benchmark shipper index is underpinned by 50 to 70 million pricing points per month. Photo credit: Shutterstock.com."][/caption]Online freight rate marketplace and logistics software provider Freightos said Tuesday a rate index it developed with the Baltic Exchange over the last 20 months will now be published daily... [...]

Drewry's Head of Research Products Martin Dixon on fleet and rate projections for breakbulk and project cargo, uncertainty around tariffs, oil prices, and the shipping cost implications for cargo owners of the IMO 2020 low-sulfur fuel regulation.2019 JOC Container Trade Europe Conference, Hamburg, Germany... [...]