Supply chain visibility provider Tive conducted a survey of 250 businesses, in collaboration with the Worldwide Supply Chain Federation, consultancy Charlie Pesti and Shipping and Freight Resource. It says “supply chain visibility has risen in business criticality”, and is now critical for B2B o...

Kabbage, a data & tech offshoot of American Express that provides access to funding to SMEs, surveyed small US businesses in April on their expectations and challenges. Their Canadian counterparts were included in a survey of over 1.000 SMEs in nine countries by UPS and Nathan Associates. Both s...

The lack of passengers and fuel, which airlines have to carry for the return journey, have isolated the country as carriers cut capacity or ban imports. One Sri Lankan forwarder said: “We are getting into a peak in Colombo, as prominent carriers have cut capacity. A severe shortage in jet fuel [me...

However, supply chain bottlenecks could yet “save the day” for carriers by propping up long-term contract rates. According to Sunny Ho, executive director of the Hong Kong Shippers’ Council, forwarders have “refused to lower their rates”, even while shipping line rates have dropped as much...

Global demand data released this week by Container Trade Statistics (CTS) shows evidence of further signs of weakening in the market, with 2.8% fewer full containers transported in May than in the same month last year. And a carrier contact Logistic-News spoke to this week admitted that the peak...

The disruption in the ports of Chennai, Ennore (Kamarajar) and Kattupalli, which handle the majority of containerised trade in and out of the region, ended yesterday evening, after container freight station (CFS) stakeholders agreed to revise haulage rates. Trailer owners had demanded an 80% increas...

During the pandemic, the German government took a 14% stake in Lufthansa, which the airline said would be bought back next year. Shares this morning hovered around the €5.70 ($5.77) mark, making Mr Kuehne’s stake worth just over €1bn. His net worth is said to be about $36.2bn. But what is most...

In a case that could, ultimately, shut US ports, court documents claim a failure to enforce the Endangered Species Act (ESA) of 1969 has led to the near extinction of a number of species of whale that currently feed, mate and co-exist with the international maritime industry in areas supposedly prot...

Representatives from two port associations have condemned the government change of tack, increasingly referring to the border control posts (BCPs) – mandated before the policy was scrapped in April – as “commercial endeavours”. British Ports Association CEO Richard Ballantyne told The Loadst...

The exemption will be valid until 8 August 2026, despite originally being scheduled to run until 2027. “While the order had an initial duration of five years, it is only being renewed for a further four. This is in light of the continuing impact of the Covid-19 pandemic on the prevailing market co...