Shippers with cargo aboard the fire-stricken Maersk Honam will have to stump up over half its value if it is to be released under general average arrangements.
MSC, Maersk Line’s 2M partner, confirmed this morning that the vessel is due to finally dock at Dubai on 22 May, with discharging likely to take between four days and a week.
This week, vessel salvor Richard Hogg Lindley (RHL) fixed the salvage security at 42.5% of ...
North American rail operators have been accused by shipper organisations of putting Wall Street analysts before customers.
Shippers are frustrated by poor service and tight capacity and blame the Class One rail companies of scrimping on investment for the sake of higher profits.
A shipper survey, published by investment banking firm Cowen & Co, shows widespread dissatisfaction with the performance of the large US and Canadian rail firms.
More than half the respondents rated the service ...
The storm clouds on the major east-west container trades continued to darken this week as attempts to hike freight increases appeared to falter and fuel costs continued to rise.
On the key Asia to Europe tradelane, spot rates – which account for over 50% of the liftings and heavily influence contract rates – are some 16% below the level of a year ago, whereas bunker costs have leapt by around 50%.
The North ...
UK transport groups have argued that road freight must not be penalised because it plays a vital role in supply chains.
It follows Wednesday’s release of the EU’s third mobility package, which proposes that trucks cut CO2 emissions by 30% by 2030, with a 15% cut on 2019 levels required by 2025.
“The proposed requirements for new vehicles would massively assist the logistics industry in its efforts to improve safety and reduce emissions,” said FTA ...
There will be changes in the way trucks queue on the M20 next year.
A new strategy unveiled by the UK government aims to alleviate the congestion that has plagued cross-Channel ports, and will see one carriageway closed to traffic to provide temporary parking for trucks.
Head of policy at the Freight Transport Association (FTA) Christopher Snelling described it as a “good compromise”.
He added: “The temporary solution for Operation Stack is a good compromise for operators ...
This week has seen much confusion over the details of the agreement between the US and the UAE carriers.
After an initial White House briefing suggested there was a “routes freeze”, it now states that there is “an understanding” that Emirates and Etihad have no current plans to add fifth freedom rights – although they are entitled to do so under the Open Skies agreement.
The twists and turns of the story ...
Reuters is reporting that insolvent shipping container lessor P&R may have another problem. The administrator charged with dealing with the insolvency has discovered the company sold 1m more containers than it had on its books. According to the report, the “discrepancies” began more than a decade ago. As a result, the Munich prosecutor’s office has launched fraud investigations.
Are robots going to make humans redundant? It’s a question more films than necessary have asked. And now it seems it is a question the logistics sector is asking, at least according to this piece from Trucks. A panel discussion held in LA last week considered whether self-driving trucks would lead to “millions” of drivers being made jobless. Some believe the process could begin in as little as five years, but others ...
Parsippany, N.J., and Surabaya, Indonesia, May 16, 2018 – INTTRA, the largest neutral network, software and information provider at the center of the ocean shipping industry, today announced an expansion of its rapidly growing carrier network with the addition of Salam Pacific Indonesia Lines (SPIL), its first carrier in Indonesia. The addition of SPIL represents a trend by regional carriers who are joining INTTRA to gain a competitive advantage in their ...
Public Joint Stock Company “GLOBALTRUCK MANAGEMENT” (MOEX: GTRK, Bloomberg: GTRK:RM,hereinafter Globaltruck), one of the largest FTL-trucking companies in Russia and the leader in the Ural and Siberian markets, today announces the start of international rally and test cargo run between Russia and China on route from Dalian to Novosibirsk. The project is coordinated by Rosavtotrans (Agency of Automobile Transport of the Ministry of Transport of the Russian Federation).
Dear business partners, we are sending you the adjusted restrictions for
the carriage of dangerous goods during the Football World Cup 2018!
In pursuance of the President’s RF
Decree No. 202 of May 9, 2017 "On the specifics of enhanced security
measures use during the 2018 World Cup in the Russian Federation and the
FIFA Confederations Cup 2017", as well as the decisions of the Regional
Interagency Operational Security Headquarters Moscow Region (RIOSH), we
inform about the suspension of acceptance and dispatch of civil and
service weapons, as well as dangerous goods of all categories except
• Short-lived medical isotopes and empty specialized containers, previously agreed with PJSC «Aeroflot».
• dry ice when used as a refrigerant with other cargoes.
• ion-lithium (UN3481, PI 967/966 section II) and lithium metal (UN3091, PI970 / 969, section II) batteries in the equipment or with equipment.
This restriction is introduced on all flights of PJSC «Aeroflot» and JSC «Airline «Rossiya» in the period from May 25 to July 25, 2018.
AirBridgeCargo Airlines (ABC) has been voted ‘Best All-Cargo-Airline’ for the third consecutive year in The Asian Freight, Logistics & Supply Chain (AFLAS) awards, presented at a gala ceremony in Shanghai, China.
Space is available on GF for destination KRT, Please contact UK sales/reservations for quotes/bookings.
Tel:02087574767 E:firstname.lastname@example.org / email@example.com