freight News

Cargo ship fire: Tugs tow burning ship in North Sea to new location

A cargo ship carrying thousands of cars which has been burning on the North Sea for nearly a week was towed on Monday to a new location further from the Du...
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Posted on August 2, 2023

Ocean freight rates hit two-year low

Global long-term shipping rates sank to a two-year low in July, a fall of 9.5% since June, adding to a deep collapse that started last year. Freight rates ...
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Posted on August 1, 2023

Fire on board a car-carrying cargo ship

On Thursday a freight ship carrying cars close to a world-renowned bird habitat off the Dutch coast was stillburning, as firefighters and salvage crews wai...
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Posted on July 27, 2023

Post covid affect logistics and supply chain

Logistics and supply chain products for temperature-sensitive goods continue to experience challenging conditions post pandemic. The chilled sector has ...
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Posted on July 11, 2023

Improving service from shipping lines

Importers who had difficulties with restricted shipping capacity and soaring freight rates during the COVID-19 pandemic are finally seeing some relief on t...
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Posted on June 29, 2023

Direct freight service between UAE and Iraq

A provider of global supply chain solutions has launched the first direct freight service between the UAE and Iraq, according to the company's press releas...
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Posted on May 25, 2023

Freight capacity on Irish Sea boosted with hybrid vessels

One of Europe’s leading ferry operators and the Irish Sea’s leading operator, has announced that it is constructing two new freight vessels for its Bel...
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Posted on May 18, 2023

Container rate war

Container carriers are involved in a freight rate battle, according to one leading analyst, while other experts remain cautious about labelling today’s d...
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Posted on May 15, 2023

Mannheim and Rotterdam logistics

The ports of Mannheim and Rotterdam have agreed to increase cooperation in making the logistics chain between the two ports more sustainable and digital. ...
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Posted on May 2, 2023

Shipping industry and green fuels

A report into sea freight decarbonisation shows that a third of shipping industry leaders have taken no action on switch to green fuels by 2050. Respond...
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Posted on May 1, 2023

Freight association strengthens senior team

The British International Freight Association (BIFA) has appointed Denise Hill as member engagement director in order to enhance engagement with its member...
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Posted on April 21, 2023

231 housing modules delivered to Stockholm

A vessel arrived in Stockholm from East Asia on 5th April, carrying 231 housing modules. The housing modules were unloaded over the Easter weekend at Friha...
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Posted on April 13, 2023

Russia Exports diesel

In the last month, Russia has exported approximately 1.0 million tons of diesel to African countries. Some may be re-exported. A trader mentioned that som...
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Posted on April 3, 2023

Indian Exports take massive hit

Despite a fall in freight charges, exports across most sectors have fallen short of last years’ levels in the corresponding period. Exporters said fre...
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Posted on March 9, 2023

Dutch transport & logistics

The Dutch transport and logistics sector has returned to well above pre-Covid levels of growth. The recovery during most of the pandemic was driven by ...
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Posted on March 8, 2023

New cargo hub for China-Europe freight trains

A new cargo consolidation hub for China-Europe freight trains has been put into operation in Shenyang, the capital of Northeast China's Liaoning province. ...
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Posted on March 6, 2023

Shipping company warns of falling demand

A major shipping company has warned of a steep drop in demand so far this year, lengthening a downturn that led to a more than halving of their quarterly p...
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Posted on March 3, 2023

China says running freight train to Kathmandu

A Counsellor at the Department of Asian Affairs of Chinese foreign ministry on Wednesday tweeted that the first South Asia-bound freight train from Chinese...
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Posted on February 27, 2023

‘Thriving’ Russian container sector – Splash247

Some container lines are benefitting from high freight container rates; many container lines pulled out of Russia at the beginning of the war, and those wh...
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Posted on February 24, 2023

Container traffic expected to decline in 2023

According to forecasts by a major sea freight carrier, the volume of global container traffic may decrease in 2023 by 2.5% compared with last year. It ...
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Posted on February 23, 2023

Container freight storage in USA

Complications are projected for February 2023 with freight being stored on wheeled containers in the USA. Significant volumes are being stored on wheele...
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Posted on February 15, 2023

Shipping containers ablaze at Iskenderun Port Turkey

Hundreds of shipping containers were on fire at Turkey's Iskenderun Port on Tuesday, which shut down operations and forced freight lines to divert vessels ...
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Posted on February 10, 2023

Big shipping firms in Vietnam show record profits

Three major shipping companies reported their highest ever profits for 2022, in spite of freight charges falling by over 80% from their peak during the Cov...
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Posted on February 7, 2023

Saudi port welcomes new freight service

A new freight container service has begun to operate from the port in Dammam, which is the capital of Saudi's Eastern Province. The port should become ...
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Posted on February 1, 2023

Shipping to give something back

A Norwegian shipowner has called for ship owners to give something back after making money from the disruption caused by war. The company has donated a ...
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Posted on January 31, 2023

Factory closures in China

According to shipping and freight industry leaders, shutdowns for the Chinese New Year and China’s Covid-19 outbreak are expected to cause renewed supply...
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Posted on January 26, 2023

Reefers instead of air freight for flowers

Modern refrigerated and controlled-atmosphere containers may facilitate a modal shift in the cut-flower market. Until now flowers were almost exclusively h...
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Posted on January 24, 2023

Japan plans replacement freight routes

Disruption to the international freight system is easing, but the transport ministry of Japan maintains it is "important to secure complementary replacemen...
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Posted on January 13, 2023

Japan government investigates freight market

Delays in international freight can lead to shortages in raw materials and goods;the transport ministry will be investigating cost, time and customs cleara...
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Posted on January 12, 2023

Japan to test new freight routes

The Japanese government is planning to work with domestic companies to test new international supply routes, aiming to diversify freight options in respon...
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Posted on January 11, 2023

Black Sea shipping rates soar by 20%

The freight rate for ships which carry bulk commodities exports out of the Black Sea region has surged by over 20% since the beginning of 2023, largely bec...
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Posted on January 9, 2023

Container shipping lines value declines

Shares in container shipping which surged after the Covid-19 pandemic, are falling with concerns about an economic downturn and lower freight rates that ha...
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Posted on January 7, 2023

EU approves pilotless cargo aircraft

The European Union has just approved a pilotless cargo aircraft, designed to transport freight the size of a delivery van. The manufacturer aims to introdu...
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Posted on January 1, 2023

Declining freight prices affecting South Korea’s outlook

The decline in global freight prices is severely affecting South Korea’s overseas trade expectations. S Korea heavily depends on overseas trade and 99 pe...
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Posted on December 28, 2022

High demand remains for air freight forwarding

The vice president of an air shipping company in Azerbaijan declares that 2022 was a successful year. He says it was a year of stabilization for freight t...
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Posted on December 22, 2022

West-bound China-Europe freight trains increase

The number of China-Europe freight trains is expected to increase because of the new response in China to the epidemic. The Christmas shopping season i...
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Posted on December 14, 2022

Shipping delays, higher costs for Korean imports to Singapore

South Korea's nationwide freight drivers' strike, has led to supply chain disruptions and delayed imports destined for Singapore. Thousands of cargo tru...
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Posted on December 12, 2022

Falling freight rates on east-west container lanes

New entrants on the main east-west container routes are suffering, due to plummeting spot rates and very high charter rates. Some shipping lines are giv...
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Posted on December 8, 2022

Steep decline in ocean freight rates

Long-term ocean freight rates made a steep month-on-month decline in November. Weak demand, and ongoing economic uncertainty meant that - once contracted c...
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Posted on December 5, 2022

Rwanda to export first avocado sea freight shipment

Rwanda plans to launch avocado sea freight exports for the first time. According to the National Agricultural Export Development Board, the aim of this...
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Posted on December 1, 2022

HK freight forwarders request use of road-air for e-cigarettes

The Hong Kong Association of Freight Forwarding and Logistics (HAFFA) has requested that the ban on the transport of e-cigarettes is eased due to its impac...
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Posted on November 30, 2022

Shipping Company predicts lower profits

A shipping company based in France said on November 25 that weakening demand for freight transport and gloomier economic prospects are damaging profitabili...
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Posted on November 28, 2022

China Trade Logistics corridor expands

The 'New International Land-Sea Trade Corridor', a trade and logistics passage from western China, has opened 78 new freight routes so far in 2022, setting...
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Posted on November 24, 2022

Shipping sector COP27 pledge

The UK government has announced that it made a major pledge alongside the US, Norway, and the Netherlands to roll out zero-emission shipping routes between...
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Posted on November 14, 2022

Pessimistic outlook for Vietnam shipping

Container shipping firms in Vietnam are coming under pressure because of weak demand as maritime trade has declined. Exports to large trade partners, in...
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Posted on November 10, 2022

Isle of Man Freight Ferry

The Isle of Man's new ro-ro freight ferry Arrow may be leased out, but only when not required to be used as the back up for the regular freight service. ...
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Posted on November 4, 2022

China increases railway freight, tracks and investment

China handled more rail freight and built more rail lines in the first three quarters of the year, the national railway operator China State Railway Group ...
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Posted on October 31, 2022

Freight Companies and decarbonisation

According to a recent report, 85% of freight and shipping companies which have fleets which will be unable to operate in a low-carbon future. Only 7% of t...
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Posted on October 28, 2022

New freight ship to cover for Guernsey

Sea trials are being conducted with a new freight vessel, intended to provide cover for the damaged freight vessel. If the trials are successful, the 10...
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Posted on October 27, 2022

International freight volumes start to fall

Global freight volumes are beginning to reduce as consumer and business spending slows. Slower growth in freight and manufacturing should reduce pressur...
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Posted on October 21, 2022
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