US, Europe backhaul box rates rise on coronavirus
As predicted, the coronavirus-induced cancellations of fronthaul container-ship sailings from China to the U.S. and Europe are creating a capacity shortfall for cargo going the...
Category : Freight
Norfolk Island faces real food crisis while Australians panic-buy toilet paper
Updated March 05, 2020 08:16:33 Photo: Norfolk Island shops are empty while locals continue to wait for food supplies. (Supplied: Betty Matthews) While Australians panic-buy...
Record volumes in Mozambique ports boost Grindrod profits
Freight, logistics and financial services company Gridrod Limited [JSE:GND] reported a 12% revenue increase to R3.9 billion for the year ended 31 December 2019 after...
Freight Futures daily curve: 3/4
Image: Jim Allen/FreightWaves Freight Futures contract to watch today: March (Spot) National Contract After a wild couple of trading sessions, including the February to March spot...
North Sea Crude-Total offers delivered cargoes, no buyers seen
VIENNA, March 4 (Reuters) – North Sea Forties crude differentials were unchanged on Wednesday after Total offered cargoes on a cost, insurance and freight (CIF)...
Williams urges F1 to be “responsible” regarding coronavirus
Formula 1 needs to be both “incredibly responsible and enormously responsive” to the coronavirus situation, according to Williams deputy team principal Claire Williams. Travel restrictions...
Scottish government seeks clarity over Irish Sea border
Image copyright Getty Images Image caption Under the Brexit deal, Northern Ireland will continue to follow EU rules on agricultural and manufactured goods The Scottish...
Australia’s China-dependent economy starts to feel the effect of the virus
Australia’s freight volumes have taken a nosedive due to the coronavirus crisis – one ocean carrier reportedly cutting temporary staff as a result. Cam Dumesny,...
Baltic index at over 1-month high on firm panamax, supramax demand
March 4 (Reuters) – The Baltic Exchange’s main sea freight index rose to its highest level in more than a month on Wednesday, helped by...
ClearMetal Launches Next-Generation CDX Platform 2.0
SAN FRANCISCO–(BUSINESS WIRE)–ClearMetal, a leader in Continuous Delivery Experience (CDX) for Supply Chain and Logistics solutions, announced today the launch of its transformational CDX Platform...