LATEST NEWS

Coronovirus: How lockdown is being lifted across Europe

After almost seven weeks of lockdown in the UK restrictions are being eased, but everywhere social distancing is the rule.

Across Europe, lockdown measures are being lifted cautiously, in phases. Businesses are reopening and many children are back in school. Here is how Europeans are emerging from life under lockdown.

Notice on Further Reducing International Passenger Flights during the Epidemic Prevention and Control Period from Civil Aviation Administration of China

In order to resolutely contain the increasing risks of imported COVID-19 cases, and in accordance with the requirements of the State Council for joint prevention and control of the epidemic, it is decided to further reduce the number of international passenger flights. Details of the requirement are as follows

More confusion ahead for lithium battery shippers

Shippers of lithium batteries will face a new hurdle from 1 January, thanks to new transport regulations.

Three Japanese carriers looking forward to coming together as ONE

K Line, MOL and NYK are banking their future group profitability on the success of the Ocean Network Express (ONE) – the merger of the Japanese transport groups’ respective container businesses scheduled for April.

Air freight rates continue to climb, with a strong peak season on the radar

Air freight rates are continuing their climb, with the sector enjoying back-to-back monthly increases and year-on-year growth. In Drewry’s latest East-West Airfreight Price Index, rates were up 1.9% in July, compared…

Is freight forwarding at a crossroads due to new technology?

Online load boards; cloud-based freight marketplaces; connected containers; online customs processing. Innovation is spreading like wildfire upon the logistics world, promising to disrupt the freight forwarding process like never before…

An insider source has told The Loadstar a takeover of the container arm of Tung family-led Orient Overseas International (OOIL) is “almost a done deal”. In January, reports surfaced of a $4bn price tag put on the container line..

Yang Ming tries to dispel customers

Yang Ming has said in a customer advisory aimed at mitigating concerns that its suspension of trading in the Taiwan Stock Exchange is part of a standard procedure for companies implementing recapitalisation…

Analysis: Can Yang Ming raise enough cash in time to prevent it sinking?

A witch hunt is under way in the container shipping industry – just how bad is the situation of Taiwan’s Yang Ming Marine Transport, and how much money does it need to fix its balance sheet?

FreightDeadbeats

An online platform that shows over 1,000 delinquent companies in the freight forwarding industry. Thorough investigations have been made by Freightdeadbeats…

Hanjin Shipping Nears Bankruptcy After Creditors End Support

Creditors of one of the world’s major shipping companies, South Korea’s Hanjin Shipping Co., said they would no longer give it financial support…