News
How the 'Hormuz Premium' has upended container trade seasonality
1+ hour, 31+ min ago (594+ words) F: NEW LINE-UPMAERSK: UPGRADEDDSV: HOW IT LOOKSBA: 'FAIR VALUES'KNX: NEW RECORDMAERSK: DOWNGRADECAT: TOP PERFORMERWTC: HEADLINE RISK WEIGHSKNX: CAUTIOUS ON THE PAYOUT FDX: DEBT REDEMPTION The Hormuz crisis has upended normal container freight rate seasonality, according to Sea-Intelligence analysis, with spot rates…...
Headline news for trade " or is it? Best just wait and see. ..
1+ hour, 55+ min ago (399+ words) F: NEW LINE-UPMAERSK: UPGRADEDDSV: HOW IT LOOKSBA: 'FAIR VALUES'KNX: NEW RECORDMAERSK: DOWNGRADECAT: TOP PERFORMERWTC: HEADLINE RISK WEIGHSKNX: CAUTIOUS ON THE PAYOUT FDX: DEBT REDEMPTION Over the weekend the Chinese government announced that preliminary agreements on tariff reduction had been reached with…...
Cargo handler AGI accused of multiple safety failings at New York airports
2+ hour, 33+ min ago (586+ words) Alliance Ground International (AGI), one of the largest outsourced cargo and ground handlers in North America, is facing a wave of safety allegations from workers at New York's JFK and La Guardia airports, including claims of malfunctioning brakes, runaway tugs,…...
Regional routes serve South Korean carriers better than long-haul
2+ hour, 23+ min ago (492+ words) F: NEW LINE-UPMAERSK: UPGRADEDDSV: HOW IT LOOKSBA: 'FAIR VALUES'KNX: NEW RECORDMAERSK: DOWNGRADECAT: TOP PERFORMERWTC: HEADLINE RISK WEIGHSKNX: CAUTIOUS ON THE PAYOUT FDX: DEBT REDEMPTION Many of South Korea's regional carriers and feeder operators have announced their 2025 numbers, reporting double-digit growth in…...
Supreme Court ruling on broker liability will drive trucking costs up
3+ hour, 36+ min ago (873+ words) F: NEW LINE-UPMAERSK: US-BASED ERMAERSK: UPGRADEDDSV: HOW IT LOOKSBA: 'FAIR VALUES'KNX: NEW RECORDMAERSK: DOWNGRADECAT: TOP PERFORMERWTC: HEADLINE RISK WEIGHSKNX: CAUTIOUS ON THE PAYOUT FDX: DEBT REDEMPTION The unanimous verdict of the US Supreme Court that brokers can be held liable for…...
Tighter US haulage market a serious threat to low inventory strategy
1+ day, 19+ hour ago (732+ words) The US tariffs reinforced a trend among cargo owners to keep inventory levels low and replenish quickly " a strategy that relies on readily available and cheap truck capacity, so the rapid rise in haulage rates and tender rejections is forcing…...
Montgomery vs CH Robinson " the sky is not falling, and your PI attorney knows why
2+ day, 5+ hour ago (90+ words) Key takeaway: The Supreme Court's 9-0 ruling lifts the FAAAA preemption shield from freight brokers, but a plaintiff's lawyer explains why it may matter far less in practice than the industry's reaction suggests." The freight brokerage industry is treating Thursday's Supreme…...
Container spot rates still rising " but demand looks set to soften
3+ day, 1+ hour ago (538+ words) Container spot rates on the transpacific and Asia-Europe trades posted double-digit increases this week on the back of new FAK rate levels, peak season surcharges, and tighter capacity. This week's World Container Index (WCI) from Drewry recorded an 11% week-on-week increase…...
China in new crackdown on carriers for 'freight rate violations"
3+ day, 1+ hour ago (404+ words) China is stepping up its crackdown on container transport service providers for regulatory breaches, as the industry navigates an increasingly volatile trade environment. China's Ministry of Transport (Mo T) has issued notices imposing fines on several major container lines and domestic…...
Early parcel tax debut ravages air cargo volumes at Vatry
3+ day, 2+ hour ago (454+ words) The premature introduction in France of an EU-wide tax on small parcels from ecommerce marketplaces such as Shein, Temu, and Ali Express, has prompted a 65% drop in Vatry Airport's cargo volumes in just ten weeks. And to stave off the…...