Factories in China close for the lunar new year holidays that begin on Jan. 25, and the high spot rates enjoyed by carriers on the trade are beginning to fall.
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Importers and exporters shipping with CMA CGM are being offered a matchmaking service that will allow them to leverage the carrier’s global network in search of new markets.
After just over six months in the job, CEVA Logistics CEO Nicolas Sartini will leave the company and be replaced by an executive from parent CMA CGM.
The fleet-to-orderbook ratio is at its lowest in nearly a decade as carriers maintain a tight grip on capacity, aided by scrubber retrofitting and scrapping.
The congested hub airports in Europe are struggling with rapid growth in flight traffic and a slot allocation system that was devised a quarter of a century ago.
Customers and service providers of container shipping companies have again voiced their opposition to the European Commission’s decision to extend the carrier block exemption for another four years.
Air cargo may have had a year to forget in 2019, but in Europe it will be remembered as the year seafood exports to Asian markets, especially Norway to China, started to really take off.
The first of the global container carrier alliances has announced its 2020 schedule, with the other two groupings due to reveal their networks soon.
Members of THE Alliance are making plans to reshuffle their Asia-North Europe and Asia-Mediterranean networks in preparation for HMM, which will join the vessel grouping in April.
The impact of steadily rising low-sulfur fuel prices on carriers is being partly offset by a strong increase in the Asia-Europe spot market, but the traditional slack season is just a couple of weeks...
As volumes on the China–Europe rail route continue to grow, stakeholders are looking at ways to make the network more efficient, as well as potential reforms to the system of subsidies that fund...
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