The Safe Trucking Freight Rates System was introduced during the first wave of the Covid-19 pandemic in 2020 to deter dangerous driving and to ensure minimum wages. It is scheduled to expire in December, after three years. The truckers, numbering at least 25,000, want this system to be extended due ...

The IMO started its discussions on greenhouse gas emissions today, which could include halving emissions –  from a 50% decrease by 2050, to a 100% reduction in the same timeframe – a move expected to be backed by major countries. IMO secretary general Kitack Lim opened MEPC78 by telling del...

This means that certain firms are dominating cash inflows – $2.5bn for Indonesia’s J&T Express, $1.5bn for Lalamove, another billion for Flexport – and are also beginning to deploy these war-chests in M&A: $2.8bn was spent by star-ups in the US alone in 2021 on acquisitions. All of whi...

The new service expands DB Schenker’s groupage system freight network to include standardised B2C shipping, thereby increasing its delivery range from 22m companies to 195m private households in Europe. This enlargement is a response to the increasing demand for B2C delivery and the ongoing megatr...

The off dock depot, BM Container Depot Ltd, is a Netherlands-Bangladesh joint venture, located at Sitakunda, Chittagong. It had been housing 16 chemical-laden export containers, full of hydrogen peroxide, which may have caused the blasts after a fire erupted in a container at 9pm Saturday. Firefight...

We also look at the build-up to the peak shipping season, air cargo freight rate updates, a look at the preparedness of US surface transport, and the latest regulations covering the vast business that is the global illegal wildlife trade. Guests Dennis Grady, vic...

However, the problem extends further up the hierarchy: supply chain management is another segment hit by shortages, according to numbers released by LinkedIn. Widely used for forging connections between professionals, the business web platform uses member profiles to calculate how many people leave ...

Commissioner Rebecca Dye writes: “The commission lacks the regulatory tools to deal with the numerous new charges imposed on US shippers and truckers by ocean carriers and marine terminals through tariffs and with other supply chain dislocations.” According to the FF29 report, competition betwee...

The SPAC, Gesher 1 Acquisition Corp, was listed on Nasdaq in October. In addition to the merger with Gesher, which allows Freightos to list without going through the book-building stage, the combined entity has raised some $80m in capital commitments, with an additional $10m from Qatar Airways, $60m...

British Ports Association (BPA) CEO Richard Ballantyne said leaving these “white elephant” facilities vacant was wasting ports’ money and impeding their ability to recoup the costs involved in building infrastructure for SPS controls that were abandoned last month. “The BPA is not only argui...