Multiple container lines have planned general rate increases in various trade routes in June and July, although any gains achieved could be temporary as overcapacity and sluggish global demand continue.
United Arab Emirates
05 Feb 2014
Middle East-based Simatech Shipping has announced the launch of a new container service connecting Vallarpadam Transshipment Terminal, India, with Jebel Ali, United Arab Emirates, starting this month.
05 Feb 2014
DP World handled nearly 55 million TEUs at its global terminals in 2013, down 1.9 percent from the previous year’s 56.1 million TEUs, due to the sale of a facility in Hong Kong.
30 Jan 2014
CMA CGM has announced the launch of a new direct service from the Middle East to Somalia.
20 Dec 2013
The International Air Transport Association has forecast that international freight volumes will jump 17 percent over the next five years.
17 Dec 2013
U.S. containerized exports jumped 9.1 percent year-over-year in October, to 1,070,902 20-foot-equivalent units, according to preliminary figures from PIERS, the Data Division of JOC Group. October containerized exports also rose 11.4 percent from September.
16 Dec 2013
Major container lines have announced planned rate increases for a variety of trades, as detailed below, slated to take effect in December and January.
18 Nov 2013
The Middle East’s leading airlines made clear their common determination to boost passenger and freight market shares this weekend at the 2013 Dubai Airshow as they dominated the headlines with a series of huge orders for new airplanes.
14 Nov 2013
Emirates Group boosted revenue by 13 percent in the first six months of its fiscal year, through Sept. 30, to $11.5 billion.
01 Nov 2013
Major container lines have announced planned rate increases for a variety of trades, as detailed below, slated to take effect in November and December.
29 Oct 2013
DP World handled 14.2 million 20-foot-equivalent units in the third quarter, a 2.4 percent year-over-year increase that was driven by an improved performance at...