Logfret InSights
Containerships moving at all-time low speeds
Container shipping has been relying on one of its top tricks in its playbook to rein in the worst of the markets by going super slow.
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Logfret InSights
Logfret InSights
Yangshan tops new container port performance index
Yangshan Port, located offshore Shanghai, has taken top position in the third edition of the global Container Port Performance Index (CPPI), despite periods of disruption caused by typhoons and various other factors in 2022.
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Logfret InSights
Wan Hai adds Colombo call as Sri Lanka repairs unrest damage
Wan Hai Lines has added a call at Colombo, Sri Lanka, to its Asia-US East Coast service. On 16 May, the newly built 13,000 teu Wan Hai A10 docked at Colombo as part of the adjusted AA7 service.
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Logfret InSights
Asia import volumes jumped in April as US shippers navigated GRIs
US imports from Asia hit a six-month high in April as shippers, faced with the prospect of higher costs as ocean carriers attempted to push through a pair of rate increases, rushed their cargo on the eastbound trans-Pacific.
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Logfret InSights
Growing Houston port draws in intermodal, cold chain investments
The port of Houston, which was one of the fastest-growing US container gateways last year, continues to draw in new investment. Class I railway BNSF is readying the launch of intermodal services to the Dallas/Fort Worth area and Denver next month, while a developer of cold storage facilities is planning a $102m building with direct rail access to the port’s docks.
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Logfret InSights
Shipping regulators singing a new tune as the spotlight hits VSAs
There was a palpable shift in the mood music emanating from competition regulators’ offices as US shippers, in particular, were quick to call out anti-competitive behaviour by the shipping lines, and regulatory scrutiny duly followed.
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Airline concerns intensify as cargo shift from MEX to AIFA looms
Carriers operating a mix of air cargo and passenger services into Mexico City want more support to stave off supply chain collapse as a freighter ban draws closer.
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Logfret InSights
Cyclone disrupts sea and airport operations in Bangladesh, Myanmar
Super-cyclone Mocha, which pounded Bangladesh and Myanmar’s coasts yesterday, led to the suspension of operations at both Chittagong and Mongla seaports and Sittwe port in Myanmar. More delays are expected.
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Logfret InSights
European shipper in FMC case slams Hapag-Lloyd ‘incompetence’
The European shipper whose containers attracted more than $289,000 in detention and demurrage (D&D) charges has condemned Hapag-Lloyd USA for "organisational incompetence”.
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German transport union announces nationwide 50-hour rail strike
German transport union EVG on Thursday called a new round of strikes on the country's rail network as workers demand higher wages to cope with high rates of inflation.
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