Airlines and forwarders say spiking coronavirus infections in the US and developing countries will likely keep air cargo capacity in tight supply and elevate rate levels for a long time.
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Shippers on the Europe-North America trade are reluctant to commit to large scale inventory replenishment, and service providers are expecting weak volume growth in the second half.
With global capacity unable to meet current demand, air cargo’s next challenge will be to find enough capacity to handle any massive rollout of a COVID-19 vaccine.
The coronavirus impact on container demand cut Rotterdam throughput by more than half a million TEU in the first half of 2020, and the port is not expecting much improvement over the rest of the year.
The carrier block exemption from Europe’s competition law expires in 2024, but there is a growing view among shipping line customers that an evaluation of the regulation should be held as soon as...
Kuehne + Nagel believes its loss-making first half performance was still a “good result” considering the challenges created by drastic global measures to combat COVID-19.
Spot rates on the trades from Asia to Europe have leveled off recently, but continue to maintain levels far above a year ago.
Escalating losses from weak demand and an uncertain — and uneven — recovery are pushing European trucking companies to the edge, a new report shows.
Antwerp shrugged off the demand-cutting impact of Europe’s COVID-19 lockdowns, reporting a small, though unexpected, gain in first-half volumes.
Shipping’s long-running campaign to remain outside the European emissions trading system and continue to self-regulate through the IMO has ended.
Olaf Merk, one of the world’s leading container shipping critics, has spelled out his view of an industry that he says is unfairly advantaged by favorable regulations.
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