Spot rates on some air cargo routes out of Asia have fallen below long-term contract levels, mirroring the development in ocean shipping.
21 Sep 2022
Cosco Shipping wants to make Hamburg a strategic transshipment hub for North Europe, but German regulators have yet to approve a minority terminal stake in the port.
15 Sep 2022
Hapag-Lloyd insists that its core ocean container focus remains in place despite acquiring a significant stake in an Italian logistics company.
07 Sep 2022
A contract is a contract — and needs to be respected by both parties regardless of spot rate movements — according to Hapag-Lloyd's CEO.
29 Aug 2022
While spillover cargo flows back to the container market, a strong breakbulk market is keeping the MPV sector afloat.
24 Aug 2022
The industrial action hanging over Germany’s busiest container ports has been resolved, but there is no agreement in sight at the increasingly bitter Felixstowe strike in the UK.
16 Aug 2022
German authorities said the Rhine would remain open and barge companies would need to decide on their own whether to operate services as parts of the key waterway fall to record low levels.
05 Aug 2022
Falling water levels on the Rhine are a seasonal problem, but this summer a European heatwave and low rainfall has left parts of the river virtually impassable.
28 Jul 2022
Average rate levels secured by Hapag-Lloyd were up 80 percent through the first half, setting the carrier on course for another hugely profitable year.
28 Jul 2022
German state-owned railroad Deutsche Bahn fell deep into the red during the pandemic, but the huge profitability generated by forwarding subsidiary DB Schenker has turned around two years of losses.
13 Jul 2022
Wage negotiations between a German union and port employers have again failed to reach a settlement, with a two-day strike set to start Thursday as vessel congestion persists.
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