Group’s subsidiary Saloodo launches within South Africa and for international movements to several neighbouring countries
The trade dispute between the US and China has been blamed for the slowdown in box volumes. But new figures show that the malaise is far more widespread
Chinese e-commerce giant announces new RMB23.3bn investment in Cainiao Smart Logistics Network, increasing its equity stake in the company from 51% to around 63% as the firm’s global expansion
Drewry’s composite World Container Index surged 14% last week to $1,405 per 40ft container, as rates ‘showed a significant increase on all routes originating from Asia’
American Airlines Cargo recently launched the first phase of its single largest investment to-date with the roll out of a new cargo end-to-end management system on October 1.
CO2 emitted by world’s largest container lines continued to fall in 2018, as new larger vessels boost the sector’s energy efficiency
Service is the ‘first dedicated rail line serving cross-border e-commerce between the Yangtze River Delta region, Central Asia and Europe’
A slowdown in volumes on the key Asia-US trade lane has seen carriers slash capacity to raise load factors.
With the cost of compliance to new low-sulphur regulations set to top $10bn in the first year alone, box lines need to pass through the expense.
Decision to postpone 18 October scheduled import duty hike on $250bn worth of goods has failed to lift the uncertainty
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