Archive for August 2022

OCEAN FREIGHT UPDATES Carriers unveil blanking programmes to prop up rates as peak season sags theloadstar.com Some 8.8% of capacity is due to be pulled from the Asia to Europe market by ocean carriers over the next 12 weeks. CMA […]

AIR FREIGHT UPDATES US-China spat set to squeeze capacity as air freight peak season takes off theloadstar.com As forwarders predict a September take-off for the air freight peak season, cancelled passenger flights between China and the US could put a […]

< OCEAN FREIGHT UPDATES Crews Strike Seaspan’s Tugboat Operations at Canada’s BC Ports maritime-executive.com The captains and other crew members aboard Seaspan’s tugboats which operate in the ports of British Columbia, Canada, walked off their jobs on Thursday, August 25, […]

AIR FREIGHT UPDATES Typhoon Pauses Air, Ocean Freight in Hong Kong, South China freightwaves.com Strong winds and heavy rain from a typhoon barreling through the South China Sea are expected to disrupt air and ocean shipments, as well as local […]

AIR FREIGHT UPDATES Travelers To Spain Warned About Airport Worker Strikes simpleflying.com Spain has issued a warning to any passengers looking to travel to or from the country in the next four months. Through the end of the year, airport […]

OCEAN FREIGHT UPDATES The sinking price of ship fuel: Near prewar levels after summer plunge freightwaves.com It was yet another warning sign on inflation: The price of fuel for commercial ships spiked after Russia invaded Ukraine and hit all-time highs […]

AIR FREIGHT UPDATES Global air cargo tonnage and prices continue decline aircargoweek.com Global air cargo flown tonnages and prices continued their gradual decline in the first two weeks of August after volumes staged a brief and partial recovery in the […]

AIR FREIGHT UPDATES How air passenger traffic impacts cargo capacity aircargonews.net The airfreight industry experienced record high rates in the spring of 2020. Around 45% of airfreight is transported in the belly of passenger planes, but with passenger traffic down, […]

OCEAN FREIGHT UPDATES ‘Two-tier’ market surfacing as gap between mega and smaller box lines widens theloadstar.com With the Q2 earnings season reaching its finale, an Alphaliner survey this week shows the profitability growth of the biggest carriers greatly exceeds that […]

OCEAN FREIGHT UPDATES  UK’s Liverpool Port Could ‘Grind to a Halt’ After Workers Vote to Strike gcaptain.com More than 500 port workers at the Port of Liverpool are set to strike, bringing another one of the UK’s busiest ports to […]