International Freight News Incorporating

Asia-Europe rates surge to highest level in six months

Spot prices from China to northern Europe and the Mediterranean climb 175% to more than $1,000 per teu

Asia-Europe air freight revenues fall by up to 47% in H1

Global underlying freight rates stable in June compared with May, but fuel price drops add to first-half east-west yield declines

RHA slams ‘piecemeal’ approach to Calais crisis

Association fears imminent ‘disaster’, calling for deployment of French military to protect trucks and escort them to port and Eurotunnel

UPS confirms $1.8bn acquisition of Coyote Logistics

US giant says technology-driven freight brokerage firm ‘will add to portfolio with complementary revenue and operational synergies’