Europe

Europe

24 Oct 2014
A senior executive of XPO Logistics, one of the largest and fastest growing U.S. third-party logistics providers, says the company sees potential in driverless trucks and is closely following advancements in the technology.
13 Oct 2014
Ocean carriers face an uphill struggle to achieve planned general rate increases in the Asia-North Europe trade in the coming weeks against a backdrop of plummeting spot rates, according to industry analysts.
13 Oct 2014
To understand how deeply the Asia-Europe trade is holding carriers’ bottom lines hostage, one just needs to look at the numbers. Spot freight rates on the head-haul westbound trade out of Asia slumped to just $822 per 20-foot-equivalent container unit in late September, according to the Shanghai Containerized Freight Index, less than half the $1,765 rate at the beginning of the year.
Ocean carrier rate revision roundup for Oct. 10
10 Oct 2014
Multiple container lines have planned general rate increases in numerous trade lanes in October and November, although any gains achieved could be temporary as overcapacity and sluggish global demand continue.
Top 50 container ports interactive
09 Oct 2014
According to JOC’s 2013 edition of the Top 50 World Container Ports, the Chinese port of Dalian saw more container cargo growth than any other port in the world from 2012 to 2013, with volume up nearly 30 percent, while the Omani port of Salalah saw the biggest drop in growth worldwide with a decline of 8.1 percent.
09 Oct 2014
Royal Mail said it has set aside $29 million as part of a settlement with French competition authorities over a possible violation by one of its subsidiaries of antitrust laws.
Hong Kong
08 Oct 2014
Berth productivity on ships of 10,000 TEUs and higher edged upward globally in the first half of 2014 versus the same period last year, but saw wide variation depending on the region, according to JOC Port Productivity data.
08 Oct 2014
Air France-KLM’s freight traffic slumped 17.7 percent in September from a year ago largely due to a two-week-long strike by pilots at the carrier’s French unit that is expected to plunge Europe’s largest air cargo business deeper into the red.
07 Oct 2014
Containerized exports from Asia to Europe and North America increased year-over-year in August, but spot rates in the Asia-to-Europe and North America trade lanes dropped, according to Container Trade Statistics.
07 Oct 2014
Lufthansa Cargo pilots will stage a 48-hour strike on Wednesday and Thursday, but the German airline said it will have little impact on shippers.
Expansion of Zarubino port
07 Oct 2014
In cooperation with the Chinese government, Russian port logistics company Summa Group plans to complete a $100 million expansion of the Russian port of Zarubino in 2018, offering shippers better access to and from Northeast Asia.