The idle container fleet shrank slightly to 101 vessels with a total capacity of 323,000 20-foot-equivalent units on May 18 from 106 ships aggregating 348,000 TEUs two weeks earlier, according to Alphaliner.

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German locomotive drivers on Thursday called off their latest strike —the ninth in 10 months – and agreed to refer their dispute with Deutsche Bahn, the state-owned railway company, to arbitration.
Royal Mail
Royal Mail, the U.K. postal group, boosted full-year operating profit by 6 percent as cost cuts offset sluggish revenues in an increasingly competitive parcels market.
DFDS Logistics, ship loading
DFDS, the short-sea shipping and logistics group, raised its full year earnings outlook after operating profit surged 150 percent in the first quarter as higher freight traffic on its North European...
Zim Integrated Shipping Services returned to profit in the first quarter as a multi-billion dollar restructuring and sharply lower fuel prices accelerated its financial revival after seven straight...
Alitalia’s announcement that it will not renew its partnership and joint venture accords with Air France-KLM paves the way for Etihad Airways, the carrier’s dominant 49 percent shareholder, to expand...
ship unloading/loading in Antwerp
The new discount, effective on June 1, comes on top of the existing Environmental Ship Index, which means that ships can benefit from a 30 percent reduction in port dues for every call, the port...
Europe’s top air cargo hubs are feeling the impact of a slowing Chinese economy and a fragile recovery in the eurozone with traffic declining, stalling or growing at a snail’s pace in recent months.
CMA CGM’s consolidated net profit soared to $406 million in the first quarter from $97 million a year ago as the French carrier capitalized on efficiency gains, cost cuts and sharply lower bunker...
MSC container ship in Rotterdam
The North Atlantic, for long the “sleeping dog“ of container trades, is “waking up,” as rising European imports on the back of a strong U.S. dollar lift freight rates and attract new services,...
Maersk Line has entered into a vessel sharing agreement with Mediterranean Shipping Co, its 2M alliance partner, and Japan’s Mitsui OSK Lines (MOL) on the Asia to East Coast of South America trade...