As cargo demand surges, multipurpose, container, and dry bulk carriers are all competing for tonnage and pushing up vessel charter rates.
Europe
Europe
Press Releases
05 May 2021
Rising volume and rate levels through the first quarter allowed Maersk to dramatically increase its business and profitability across all business segments, posting a quarterly profit that is just shy of the carrier's full-year 2020 result.
04 May 2021
The strain of an overextended air cargo market is being felt across the supply chain, but with so much belly capacity out of service, there is little sign of the pressure easing any time soon.
30 Apr 2021
project44’s expansion into Asia and a new partnership with a risk management platform signify its aims to augment the number of use cases for transportation visibility.
30 Apr 2021
Ocean Network Express has joined its peers in delivering profitability in the billions as the carrier capitalized on rising demand and high rates through the second half of its fiscal year.
29 Apr 2021
China’s Cosco Shipping Holdings has joined Maersk in posting a highly profitable first quarter result, and has predicted the positive earnings momentum will continue.
29 Apr 2021
The first quarter was a good one for Rotterdam and Antwerp, but with terminals fully stretched as the ports face operational challenges in the weeks ahead.
29 Apr 2021
Drewry is partnering with procurement software vendor Freightender to reinvigorate its procurement services product for shippers in an ocean freight market beset by rapidly changing pricing dynamics.
28 Apr 2021
Freight broker and forwarder C.H. Robinson is growing LTL volume "faster than the marketplace” as US shippers scramble to find available capacity for shipments.
28 Apr 2021
The rise of Amazon, Flexport, and other digitally native logistics providers has forced midmarket and enterprise forwarders to upgrade their visibility, analytics, and user interface tools, a mandate Logixboard has oriented its software around.
28 Apr 2021
Greater interest from shippers in extending the duration of ocean contracts to mitigate volatile rates is becoming a trend on the major trades.
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