The Panama Canal Authority, which earlier this year dismissed the possibility of an alternate canal through Nicaragua, had a more cautious reaction this week following the Nicaraguan government’s approval of plans by a Hong Kong-based company for the proposed $40 billion canal.
18 Apr 2014
Several carriers have planned general rate increases in multiple trade lanes in April and May, although any gains achieved could be temporary as overcapacity and sluggish global demand continues.
17 Apr 2014
A rise in European exports helped lift Kuehne + Nagel’s ocean freight traffic by a market-beating 6.9 percent in the first quarter.
14 Apr 2014
U.S. containerized import volume jumped 15.1 percent year-over-year in March 2014, the largest increase in 13 months, according to advance figures from PIERS, the data division of JOC Group Inc.
07 Apr 2014
U.S. containerized exports tumbled 9.0 percent year-over-year in February to 923,493 TEUs, the lowest monthly volume in 32 months, according to preliminary figures from PIERS, the Data Division of JOC Group. This 9.0 percent drop was also the steepest year-over-year decline since August 2009.
04 Apr 2014
Multiple carriers have planned rate increases in various trade lanes in April and May...
02 Apr 2014
Global air freight traffic grew 2.9 percent in February from a year ago, extending and strengthening the recovery that began in the second half of 2013, the International Air Transport Association reported.
28 Mar 2014
Multiple carriers have planned rate increases in various trade lanes in April and May, although any gains achieved could be fleeting as overcapacity and lackluster global demand continues.
27 Mar 2014
SeaLand, the newly founded intra-Americas regional carrier of Maersk Group, has announced its executive team.
21 Mar 2014
Several container lines have scheduled rate hikes in multiple trade lanes from April to May, although any increases achieved could be temporary...
14 Mar 2014
Manuel Coronel Kautz, the president of the Nicaraguan Canal Commission, has announced that the traditionally proposed Nicaragua canal route up the San Juan River...