Car carrier and ro-ro operators have invested in a new generation of ships featuring adjustable decks and large openings for oversize cargo.
The strike hit Santos with “paralysis and dislocations.”
Spot rates in the eastbound Pacific this week went up for the first time since mid-January.
"Port Klang will be the big loser as a result of the alliance shifts.”
The Japanese international freight forwarder had predicted a group net profit.
Spot rates on the Asia-Europe trade have risen close to their 2017 highs, even as backhaul rates fall for the forth consecutive week.
Demand for warehouse and distribution space was unabated in the first quarter despite low vacancy rates and increasing rents.
The move seeks to solve a core problem that underpins the industry’s slow pace in digitalizing processes.
With the help of Microsoft, Maersk Line plans to roll out customer software applications in the third quarter that will help beneficial cargo owners track containers and manage cargo.
Higher freight demand fails to absorb excess truckload capacity, pushing down rates and tightening margins for largest US freight broker.