Sea Freight

El Faro storm plan prevented by ‘propulsion failure’

Owners said missing ship’s captain was aware of Hurricane Joaquin’s approach but was unable to respond

Global schedule reliability picks up

On-time performance in August reaches highest level since 2013

Missing cargo ship El Faro ‘assumed sunk’

As one presumed crewmember is confirmed dead, focus of search moves to finding survivors

Forwarders feeling China slowdown

With import-export indicators deteriorating, freight agents in Asia fear the outlook for 2016 is increasingly turning downbeat

Winter season service cuts begin

More action needed to reduce capacity, says Drewry

Fears growing over missing US cargo ship

Coast Guards searching for El Faro report seeing containers and other debris in the water that ‘appear to be consistent with the missing ship’

Rate volatility brings little respite for carriers

Drewry’s World Container Index confirms bleak picture for carriers operating the main east-west trades

G6 cuts transpacific capacity for winter

Two Asia-US east coast services combined and one removed from Asia-US west coast trade

Slowing Chinese growth will spur shipping consolidation, warns Fitch

Dry bulk and container shipping are most at risk while tankers should fare better

European box peak fails to deliver

Seasonal upturn has not materialised, with the transpacific trade the only bright point, analyst reports

Man found dead in UK-bound lorry

Iraqi migrant discovered by driver yesterday at port of Calais, apparently crushed by pallets inside vehicle

Maersk puts 12 ships under third-party management

Danish giant admits it is seeking to learn best practice from leading practitioners

Asia-Europe rates slump to lowest level since June

Carriers' failure to implement latest price push sees rates fall by more than 30%

Hapag-Lloyd unveils IPO plans

World’s fourth-largest container line will launch US500m initial public offering this year to fund further investments in ships and containers

Shipping confidence high despite overcapacity

Moore Stephens’ box index level rises in August thanks to less ordering in the container sector

Advice & Insight

Managing seasonality

End of year service suspensions are a regular part of carriers’ toolkit to deal with seasonal demand troughs, reports Drewry

Scrap that

Scrapping of containerships has dwindled in 2015 despite the overcapacity blighting most deep-sea trades, but it cannot properly address the problem in any case, Drewry claims

Vancouver's 'higher-than-expected jump' in box traffic driven by one-off factors

Container volumes up 8% in the first half of the year on the corresponding period in 2014

On thin ice

Revenues at virtually every major carrier were down at the halfway stage of the year, yet profits were up as lower fuel costs saved the day. Can it last?

Looming shipowner shake-up with respect to traditional models

The debate between Wah Kwong chairman and Euronav chief executive highlighted the growing divide between differing growth strategies for shipping companies

Freight People

DGF appoints sub-Saharan Africa CEO

Daniella de Pauw returns to lead DHL Global Forwarding’s growth in the region

C.H. Robinson expands international focus

US logistics firm adds two positions to its global forwarding management team to boost Asia-Europe trades

Cargo 2000 unveils new boss

Former Polar Air Cargo and Saudi Airlines Cargo executive Ariaen Zimmerman to lead new-look organisation

Geodis appoints two new project forwarding regional heads

Michael Doerpinghaus becomes director for south east Asia Pacific as Igor Muñiz moves to Europe role

UTi announces two senior forwarding appointments

US 3PL names new global leaders of freight forwarding sales and air freight product management

Have Your Say

Identifying dangerous goods accurately: Lessons from Tianjin

TT Club’s Peregrine Storrs-Fox highlights the crucial importance of declaring and handling dangerous goods correctly

Clock is ticking on air freight messaging change

Freight forwarders and cargo handlers have been slow to switch to Cargo-XML despite the opportunity to streamline processes and cut costs, writes Kewill’s Andreas Giger

Export growth still encouraging for UK SMEs

Dachser UK managing director Nick Lowe sees significant potential for further expansion, which logistics providers and infrastructure planners must respond to

Calais – a freight transport insurance perspective

As the political and humanitarian situation in Calais continues to unfold, specialist freight transport insurer TT Club’s Peregrine Storrs-Fox provides a perspective on the implications for the freight and haulage industry

Finding an alternative to ‘Operation Stack’ won't solve this crisis

Priority Freight’s operations manager, Ed Bembridge, says the ultimate responsibility rests with Europe’s leaders to find a compassionate solution to a very human problem

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