Demurrage and detention charges increased by 12% worldwide; have ‘become a significant cost centre for shippers’: Experts
Freight rates are high but not as high as the last year
Asia’s richest man eyes growth beyond India with infra projects
Gautam Adani, the richest Asian tycoon, is planning to bolster his empire’s presence outside India with infrastructure projects as he sees his conglomerate’s growth gathering…
Heathrow hits back at airlines, warns flight cap may be extended
London Heathrow airport said airlines need to hire ground staff more aggressively to help overcome persistent travel disruptions, warning that a cap on flights to…
Lufthansa to cut most flights in Frankfurt, Munich amid strike
Deutsche Lufthansa AG will cancel almost all flights from its main German hubs in Frankfurt and Munich Wednesday because of a strike by ground crew,…
RLS Logistics wins National Customer Experience Award for Customer Centric Culture
RLS Logistics, a leading cold chain solutions provider, announces winning a national customer experience award distinguished by Awards International USA.
China’s slowdown spills over to major economies through imports
(Bloomberg) -- China’s economic slowdown is spilling over to major exporting nations in Europe and East Asia through falling demand for manufactured goods, causing Germany…
Key California port reopens as protesters moved to new site
California’s Port of Oakland has fully resumed operations after truckers protesting a gig-work law blocked access for five days and disrupted the flow of goods…
FAA halts flights into Dallas Love Field Airport after shooting
A 37-year-old woman was shot and wounded by police after she opened fire by a ticket counter at Dallas Love Field airport, leading authorities to…
China seals off IPhone maker, CNOOC in Shenzhen to battle Covid
China has forced some of its biggest companies, including iPhone maker Foxconn and oil producer CNOOC Ltd., to operate within a “closed loop” restricted system…
FTR’s Shippers Conditions Index drops in May to -6.2 reading
FTR’s Shippers Conditions Index (SCI) fell back in May to a -6.2 reading. After relatively stable diesel prices in April, large increases in May coupled…
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