Increasing numbers of Covid cases in Dongguan and Shenzhen have led authorities to reduce cross-border truck movements with Hong Kong, from 3,500 to 1,500 a day until further notice, according to Dimerco. The forwarder added: “This reduces capacity to just 10% to 20% of normal [levels] and is expe...

However, extended dwell times meant yard density and terminal congestion increased significantly. Ocean carriers initially dealt with chronic congestion by skipping calls and overlanding containers at smaller ports, but the transhipment relay operations have aggravated terminal congestion at the des...

DSV said its first-half revenues in air jumped some 80%, to Dkr49bn ($6.7bn), while gross profit jumped 72% to Dkr9.7bn ($1.3bn). Gross profit per unit was Dkr11,981 in H1 in air. Volumes only increased by 18%, however, to 813,505 tonnes. Kuehne + Nagel, buoyed by its Apex acquisition, saw its air ...

There are doubts, however, that the integrator can come to grips with a festering problem affecting its performance. From 15 August, FedEx Ground will no longer deliver parcels on Sundays to “certain lower-population markets”, the company announced, adding that this would reduce its coverage of ...

CMA CGM is the latest carrier to apply the additional levy, announcing a $1,000 per box penalty for all types of overweight shipments moving from the subcontinent to the US east, west and Gulf coasts, and Canada. The levy applies to shipments weighing over 20 tonnes, which includes the container’s...

The price tag is well below the rumoured £725m China’s HNA Group was reported to have earmarked to ink a deal in mid-2018, before its talks with Gist owner German chemicals giant Linde collapsed. Linde had reportedly put Gist on the block as far back as 2015, with Morgan Stanley hired to find a b...

In an earnings call, CEO Carol Tome noted that the integrator saw volumes fall, missing its forecast by some 222,000 packages a day. “I would call that pretty close to being on forecast,” she said. “More than half of the volume decline in the United States was based on actions we took with a f...

Maersk Line has piloted a container-on-barge solution for Indian exports to its neighbour using the framework of a government-to-government “inland water transit and trade protocol”, designed to facilitate river transport along the Bay of Bengal. The MV Pradyun transported 50 teu from Kolka...

The family-owned Irish haulier and warehouse operator provides door-to-door transport for full- and part-loads, as well as distribution services, largely on behalf of consumer goods companies – it counts Mondelez on its client list – as well as logistics solutions including warehousing, inventor...

Air France-KLM looks likely to take full commercial control of CMA CGM Air Cargo, which is restructuring its fledgling business – but has only until 1 December to form a full cargo agreement. The shipping line announced a long-term strategic partnership with the airline group in May, but a month p...