News 4/12

Carriers 'in panic mode' as recession bites, offering 'crazy' ocean rates

donavan626

Nov 21, 20222 min read

Carriers 'in panic mode' as recession bites, offering 'crazy' ocean rates

Ocean carriers are said to be in “panic mode” as bookings from China to North Europe and the US west coast tank

Australia’s Fair Work Commission rules Svitzer cannot lock out staff

donavan626

Nov 17, 20221 min read

Australia’s Fair Work Commission rules Svitzer cannot lock out staff

Australia’s Fair Work Commission has averted a ports shutdown

Svitzer’s Australian lockout threat branded ‘economic vandalism’

donavan626

Nov 16, 20222 min read

Svitzer’s Australian lockout threat branded ‘economic vandalism’

Svitzer’s decision to lockout nearly 600 staff at 17 ports from this Friday was branded today as “economic vandalism”

Air cargo execs more nervous over consumer pullback

donavan626

Nov 15, 20225 min read

Air cargo execs more nervous over consumer pullback

Air cargo airline and logistics executives have written off the traditional peak season bump in shipping business

Australian supply chains plunged into chaos as nation’s largest tug boat operator locks out its crew

donavan626

Nov 14, 20222 min read

Australian supply chains plunged into chaos as nation’s largest tug boat operator locks out its crew

Australian supply chains are facing chaos as the nation’s largest tug boat operator has warned it will lock out its crews

donavan626

Nov 10, 20223 min read

Florida ports close as Nicole nears

Ports in the Southeast are bracing for what is expected to be a Category 1 hurricane when Nicole makes landfall

Airfreight: a tough few months, but demand could return in March

donavan626

Nov 9, 20222 min read

Airfreight: a tough few months, but demand could return in March

The air cargo industry is expecting a bumpy few months ahead, but some remain optimistic

Air cargo market continues to deflate under global economic pressures

donavan626

Nov 7, 20224 min read

Air cargo market continues to deflate under global economic pressures

The air cargo market continued to unwind 18 months of record gains in October as the global economy slows and consumers tighten their purse

Key nuclear tests to get underway in the US bringing shipping a closer to adopting atomic propulsion

donavan626

Oct 26, 20222 min read

Key nuclear tests to get underway in the US bringing shipping a closer to adopting atomic propulsion

A new nuclear renaissance is coming, and a very strong momentum is building across the maritime sector

Import gateway shift pushes Houston to the top of port congestion league

donavan626

Oct 24, 20223 min read

Import gateway shift pushes Houston to the top of port congestion league

To avoid the congestion at major west coast gateways, US importers have now clogged up ports elsewhere and, instead of Los Angeles and...

Transnet partially lifts force majeure as strike ends

donavan626

Oct 21, 20221 min read

Transnet partially lifts force majeure as strike ends

South Africa’s ports and freight-rail operator Transnet has partially lifted a force majeure at its ports after labor unions called off...

Container imports to Los Angeles and Long Beach are plummeting

donavan626

Oct 20, 20223 min read

Container imports to Los Angeles and Long Beach are plummeting

September is usually a strong month for West Coast imports as U.S. companies bring in their year-end holiday goods. Not so in 2022. On...

New lockdowns in key Chinese transport hubs hobble supply chains again

donavan626

Oct 19, 20222 min read

New lockdowns in key Chinese transport hubs hobble supply chains again

Lockdowns in key Chinese port cities are again hampering supply chains, despite a “muted” peak season.

Australian shippers cry foul over liners' 'exorbitant' million-dollar charges

donavan626

Oct 19, 20222 min read

Australian shippers cry foul over liners' 'exorbitant' million-dollar charges

Australia’s Freight and Trade Alliance (FTA) has accused container carriers of extorting millions of dollars from its members

donavan626

Oct 13, 20224 min read

Transnet strike intensify

The South African Transport and Allied Workers Union (Satawu) says it will intensify its strike from Thursday

South African shippers eye air cargo as Transnet strike wreaks havoc

donavan626

Oct 12, 20223 min read

South African shippers eye air cargo as Transnet strike wreaks havoc

South Africa exporters are facing major disruption as a strike at Transnet, the rail and port company, is causing significant challenges

Mississippi River gridlock improves but forecasts indicate likelihood of ongoing drought

donavan626

Oct 11, 20221 min read

Mississippi River gridlock improves but forecasts indicate likelihood of ongoing drought

Monday brought some relief to the Mississippi River gridlock that on the weekend saw more than 2,000 barges backed up.

South Africa’s exporters brace for major hit as Transnet strike gains momentum

donavan626

Oct 11, 20222 min read

South Africa’s exporters brace for major hit as Transnet strike gains momentum

Industrial action at South Africa’s ports and freight-rail operator Transnet is set to worsen

Transnet declares force majeure at ports over strike

donavan626

Oct 6, 20222 min read

Transnet declares force majeure at ports over strike

Transnet declared force majeure at its ports on Thursday, according to a document seen by Reuters, as workers began an open-ended strike...

LAX solicits proposals for massive cargo redevelopment

donavan626

Oct 6, 20225 min read

LAX solicits proposals for massive cargo redevelopment

LAX Airport’s long-anticipated modernization of antiquated facilities aims to improve freight flows

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