Europe

Europe

17 Sep 2014
China-Europe rail services continue to grow in popularity with DHL the latest forwarder to offer a new weekly scheduled block train from Suzhou to Poland.
Rotterdam high sulfur bunker prices rose 1 percent last week, and low sulfur bunker fuel followed suit, with a gain of 0.6 percent.
02 Sep 2014
After weeks of declining prices for both high and low sulfur bunker fuel, prices rebounded last week.
Cathay Pacific Cargo aircraft
02 Sep 2014
Global air cargo traffic surged 5.8 percent in July from a year ago and likely will continue to increase in the coming months, driven by accelerating economic growth in key Asian markets, according to the International Air Transport Association.
01 Sep 2014
The surging number of ultra large container ships has failed to create a European mega-hub with ocean carriers still operating multi-port rotations, according to Drewry Maritime Research.
01 Sep 2014
Fesco Transportation Group’s revenue and earnings declined in the first half as a weaker rouble and lower ocean freight rates offset higher container volumes.
31 Aug 2014
Iceland’s Bardarbunga volcano has kept the local meteorological office busy, with the red level warning being
Weekly wrap-up for Aug. 30, 2014
30 Aug 2014
Members of the International Longshore and Warehouse Union ratified a new collective bargaining agreement with grain handlers in the Pacific Northwest, ending a two-year battle between the two parties.
29 Aug 2014
Rickmers Group said “strained” markets, currency exchange and weak charter rates contributed to revenue and profit declines in the first half of 2014, and that conditions will remain difficult through the rest of the year.
The spot rate to the U.S. East Coast was $4,344 per 40-foot container this week.
29 Aug 2014
While some September 1 general rate increases seem to be successful, others have not taken hold, and spot rates in those lanes may drop to new lows.
Ocean carrier rate revision roundup for Aug. 29
29 Aug 2014
Several container lines have planned general rate increases in trade lanes in the next two months, but any gains achieved could be fleeting as overcapacity and sluggish global demand continue.
CMA CGM Corte Real
29 Aug 2014
CMA CGM, the world’s third-largest carrier in deployed capacity, increased revenue and cut operating expenses in the April through June period according to quarterly figures released today.