Auto assemblers tasks BoI to account for N16.91bn NAC fund – New Telegraph
Auto assemblers have challenged the Bank of Industry (BoI) and the National Automotive Design and Development Council (NDDC) to give an account of what has...
Category : Freight
Policymakers Demand an End to Ocean Shipping Pollution
U.S. Congressman Alan Lowenthal (CA-47) and Edie Chang, Deputy Executive Officer of Planning, Freight & Toxics Division at the California Air Resources Board spoke at...
Ocean Freight Rate Trends Signal Breathing Room for Shippers – Sourcing Journal
While ocean freight rates have dipped a bit of late, they are still substantially higher than medium- and long-term prices for containers and experts expect...
Maersk Hit With $180 Million Contract Claim from New York Shipper
By Nick Savvides (The Loadstar) – A New York shipper is legally pursuing Maersk for $180m, claiming the carrier failed to meet contractual obligations during the...
Capesize Rates Hit 6-Month Low
The Baltic Exchange’s main sea freight index fell for the third straight session on Monday as rates for capesize vessels declined to their lowest in...
Ship Carrying Ukraine’s First Grain Cargo Docks in Syria After Two Weeks at Sea
BEIRUT, Aug 16 (Reuters) – The first ship to depart Ukraine under a deal to resume grain exports from the country two weeks ago docked in the...
Baltic index records best day in 6 months on capesize rebound
The Baltic Exchange’s main sea freight index had its best session in nearly six months on Friday thanks to a rise in rates for bigger...
The Valencia Containerised Freight Index (VCFI) grows 1.1% in August
The Valencia Containerised Freight Index (VCFI) for August is growing steadily in a scenario in which maritime sector activity is marked by the uncertainty linked...
Perspective: Opportunities to Help Ocean Freight
[Stay on top of transportation news: Get TTNews in your inbox.] Supply chain disruptions have impacted the quality of life for virtually every American. The...
Baltic index bounces back as capesize sees best day in over 2-yrs
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Thursday after rates for bigger vessel segments snapped...