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Shipping lines continue to add capacity amid spot price decline

But charter rates surge as availability of open tonnage shinks, analysis reveals. Box shipping lines are adding to downward pressures on spot prices by continuing to introduce more capacity...

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DFDS moves into the Med with acquisition of Turkey’s U.N. Ro-Ro

Joining forces with 'highly profitable company' will create new opportunities and expand services to new customers, says Danish group. DFDS has announced the acquisition of Turkey’s large...

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GEFCO maintains revenue, EBITDA improvement

Improving results see French logistics firm's freight forwarding unit return to profit. Industrial and automotive logistics specialist GEFCO has recorded its fourth consecutive year of reve...

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Disruptors fail to address freight forwarding problems

Digital-only solutions are ineffective when space tightens and deals are required to secure capacity, argues SWG Global founder. Digital ‘disruptors’ face the same problems as tradition...

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WCA Time Critical Network completes global network validation

Full certification and ability to work together will enable its freight forwarder members ‘to collaborate on a totally new level’. WCA’s network of international time-sensitive logis...

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HKIA to invest in new facilities to retain top cargo airport spot

Growth strategy focuses on e-commerce, transhipments and high-value logistics. Hong Kong International Airport (HKIA) has pledged to invest millions in new facilities to maintain its positi...

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