Rachael Budd, CEO of Transolve Global, will be attending the upcoming International Bulk Wine & Spirits Show in San Francisco on 23-24 July at the South San Francisco Conference Center. Reach out and let us know if you'll be there, Rachael would love to see...
This past week has seen the official re-opening of the Port of Baltimore. With $37 million in state-approved relief for business and workers impacted, thousands of jobs have been protected whilst more than 50,000 tonnes of bridge wreckage was cleared from the water. As cargo begins to...
With stalled industrial negotiations between Canadian National Railway (CN) and Canadian Pacific Kansas (CPKC) and the Teamsters Canada Rail Conference (TCRC) and ongoing delays of both strike action and government intervention, this ongoing uncertainty has pervaded both the negotiations and reliability of the rail logistics...
April marked the eight consecutive month of year-over-year growth at the USA's second busiest seaport, the Port of Long Beach with over 750,000 TEUs moved throughout the month. The first four months of 2024 has seen the port move 2,753,244 TEUs, up 15.8% from the same...
As part of his election campaign, U.S. President Joe Biden has announced steep tariff increases to a wide array of Chinese imports, which has seen China state their opposition and intention to defend its own interests. These new tariffs affect $18 billion in imported Chinese goods...
The latest Drewry World Container Index (WCI) increased by 2% to US$4801 per 40-foot container this week, which is 238% higher than average 2019 (pre-pandemic) rates of US$1420. The average composite index for the year to date is US$3443 per 40-foot container, which is $707 higher...
The complexity of the situation in the Red Sea, a critical route for approximately 30% of the world's container traffic, has continued to cause disruption on a global scale. Furthermore, the combination of the challenges across both the Red Sea and Suez Canal over the recent...
Due to ongoing geographic volatility, Singapore Airlines Group has ceased flying through Iranian airspace as of April 2024 as a precautionary measure. Moving forward they will utilise alternative flight paths, which may lengthen the duration of some flights. In addition, Singapore Airlines Australia & New Zealand...
The first quarter of 2024 has seen the air cargo market experience an overall growth in tonnage by more than 10% when compared to the same period last year, particularly across the Asia-Europe and Asia-North America east coast trade routes. This growth is the result of...
The collapse of the Middle East peace talks has seen China's container shipping futures rally, with interest up 15% from the previous week, potentially indicating shippers belief that rates will stay elevated. In addition, Linerlytica's latest report revealed that spot market rates have risen by almost...