Arvato Supply Chain Solutions and H&M Group open expanded distribution center in Poland
A new high-bay warehouse, a longer conveyor line and significantly increased handling capacity – Arvato Supply Chain Solutions has successfully completed the expansion of its…
Additional freighter enables Lufthansa Cargo to grow its network to Asia and North America
• Winter timetable 2022/2023 includes 78 weekly B777F services • Double capacity to Vietnam: Hanoi as a new destination from the beginning of November 2022…
Goldman sees blow to Taiwan economy if China trade hit persists
Taiwan’s economy could take serious damage if tensions with China lead to broad and lasting disruptions in cross-strait trade, with large global repercussions possible, warned…
Freight Transportation Services Index (TSI) reaches all-time high in June 2022
The Freight Transportation Services Index (TSI), which is based on the amount of freight carried by the for-hire transportation industry, rose 1.7% to an all-time…
New Great Lakes bulker operational with Thordon Bearings
Mark W. Barker, the first new U.S flagged Great Lakes bulker in almost 40 years, has successfully completed sea trials and will now begin trading…
‘Dark clouds’ hang over a slowing global air cargo market, as demand drops 9% in July
Seasonally adjusted general air cargo market performance data for July 2022 shows a continued slowing down of volume, load factor, capacity, and airfreight rates as…
Trucking wages jump in 2021 as shortage, supply chain issues increase demand
Wages for American truckers rose significantly in 2021 as demand for drivers amid the ongoing driver shortage increased competition for talent, according to the results…
ContainerPort Group owner operator fleet grows 20% amid industry-wide trucking capacity challenges
Strong compensation package, 24/7 support services and state-of-the-art productivity tools are keys to growth
The 10 worst US airports for flight cancellations this summer
Also, try not to fly on a Thursday or in the evening.
German power hits a fresh record as energy crisis heats up
Benchmark German power prices rose to a record, with an ongoing heat wave and drought set to severely restrict one of Europe’s key waterways for…
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