Freight forwarder Expeditors International saw air freight volume soar in the fourth quarter, reaching a 19 percent year-over-year increase in December, as shippers tried to fly over West Coast port gridlock.
09 Feb 2015
From the Port of Visakhapatnam on India's southeastern coast, Shreyas Shipping and Logistics' fortnightly service feeds into global transshipment connections available at Jebel Ali in Dubai.
12 Jan 2015
Larger international shippers increasingly use UPS's expedited freight service as a strategic "cushion" or aid in supply chain planning, as well as for urgent shipments.
07 Jan 2015
Following a strong end to 2014, global air freight demand will rise 4.5 percent in 2015, outpacing the growth of world trade, the International Air Transport Association says.
07 Jan 2015
UPS is expanding its Worldwide Express Freight service, adding new origin and destination points for palletized
18 Dec 2014
DP World’s shareholders today backed the Dubai-based global terminal operator’s plan to delist its shares on the London stock exchange on the basis that they are too thinly traded there.
12 Dec 2014
Carriers announced GRIs this week for several major trade lanes, all effective on Jan. 15. Spot rates on Drewry Maritime Research’s World Container Index composite index, which measures 11 East-to-West trade lanes, has dropped 23.5 percent in the five weeks since Nov. 6.
03 Dec 2014
American Honda Motor has selected Florida’s port of Jacksonville to export new Acura MDX and TLX models to the Middle East, further solidifying the U.S. Southeast’s status as a growing region for auto production and trade.
02 Dec 2014
Japan and Turkey have kicked off negotiations on a bilateral free trade agreement, as Tokyo sees the newly industrialized country as a potentially lucrative market and strategic gateway to other markets in Europe, the Middle East and elsewhere.
28 Nov 2014
Multiple container lines have planned general rate increases in numerous trade lanes in November, December and January, although any gains achieved could be temporary as overcapacity and sluggish global demand continue.
25 Nov 2014
APM Terminals is eyeing expansion in Turkey to take advantage of container volume growth at the nation's Mediterranean and Black Sea ports.