MSC PSS from Red Sea to USA effective November 1st, 2021
MSC announced that they have decided to re-implement a Peak Season Surcharge (PSS) due to strong demand in the market and high congestion in USA…
Activist investor TCI prods CN Rail to move ‘urgently’ to upgrade service
The activist investor pushing for change at Canadian National Railway Co. has outlined its plan to improve returns at Canada’s largest railway with a greater…
JD Logistics Goes Plane Shopping to Tap Air Freight Demand
JD Logistics Inc. is planning to set up its own fleet of planes as the Chinese firm eyes a greater slice of a cross-border cargo…
China’s September fuel exports rise from lowest since 2015
China’s exports of diesel and gasoline rose in September from its lowest level since 2015, but the rebound could be short-lived as the nation struggles…
AirAsia X proposes paying creditors 0.5% of $8 billion owed
AirAsia Group Bhd.’s long-haul arm has offered to pay creditors just 0.5% of the more than $8 billion total debt they are owed and terminate…
Where a $5 billion green incentive runs into politics of coal
South Africa’s transition to clean energy finds itself tangled up by nation’s reliance on the black rock.
China property and energy crises deliver blow to GDP growth
China’s housing slump and electricity shortages dragged down economic growth last quarter, with signs there will be more pain to come as the country heads…
Music, barbecues, Wi-Fi: Managing morale for those idled at sea
Plenty of things might keep container-ship captain Markus Grote up at night while sailing across the ocean, but lately there’s another kind of sinking feeling…
JD Logistics goes shopping for planes to tap air freight demand
JD Logistics Inc. is planning to set up its own fleet of planes as the Chinese firm eyes a greater slice of a cross-border cargo…
Port gridlock stretches supply lines thin in blow for economies
Global ports are growing more gridlocked as the pandemic era’s supply shocks intensify, threatening to spoil the holiday shopping season, erode corporate profits and drive…
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