FSF Global Safety Report Highlights Runway Safety, Turbulence Risks
Every logistics service business owner we are working with wants to increase sales and eventually become better than their competitors and generally stipulate yearly growth at a pace recommended by management theories, which is between 15-25+ %. Nevertheless, only some are ready to take on sacrifices that need to be made to make this a […]
Armada of big ships readies to hit the market as demand falters
In 2023, the world’s top eleven ocean carriers, which include nine members from three global alliances as well as ZIM and Wan Hai Lines, are set to add a whopping 89 large mainline container ships to their fleets, according to Alphaliner. This development is poised to have a significant impact on the global shipping industry. […]
Latest airport data reveals the industry’s financial recovery trends
Airports Council International (ACI) World has today published its 2023 edition of the Airport Economics Report and Key Performance Indicators (KPIs), presenting a comprehensive view of the airport industry’s financial performance for the 2021 year. The annual Airport Economics Report presents an in-depth global analysis of airport industry revenues by source, costs, and related trends across the globe and over […]
LTG : More X-ray machines at the borders as smuggling investigation continues
LTG Infra and the Lithuanian Customs Office step up their attempts to control and restrict smuggling and sanction circumvention attempts via rail. In this context, they aim to deploy two x-ray machines at the Kybartai railway station on the border with Kaliningrad and at the Stasylos-Byenyakoni border crossing with Belarus. The latest has been closed […]
UBS assumes leading Greek ship finance position with Credit Suisse takeover
UBS has taken on a very significant shipping portfolio following yesterday’s emergency takeover of compatriot bank Credit Suisse. UBS came to the rescue of troubled Credit Suisse yesterday in a $3.15bn government-backed deal to avert financial disaster. UBS has not had a strong shipping focus previously, something that has changed overnight with the Credit Suisse […]
As U.S. Imports Slow, Ports Eye Shipping Turnaround Later This Year
The leader of the busiest U.S. seaport on Friday said February’s cargo volume hit the lowest level since the start of the pandemic as inflation and economic upheaval hurt demand, and signaled that activity may not pick up until the second half of this year. “This is a global phenomenon. We may not be at […]
Cold chain logistics: Why it’s crucial
Cold chain logistics is vital in ensuring your medicines, dairy products and other temperature-sensitive goods arrive on shelves fresh and safe to consume. So how does the cold chain work? Get the complete lowdown in this blog, plus learn how to get quality reefers at the best price on Container xChange. Thanks to the cold chain, […]
Korea Development Bank is selling HMM
The Korea Development Bank (KDB) has begun the process of selling “management rights” in Korean ocean carrier HMM seven years after the state-run bank took over the carrier from Hyundai Group following a liquidity crisis. According to a Business Korea report, on March 2nd KDB announced that it was forming an advisory group related to […]
FSF Global Safety Report Highlights Runway Safety, Turbulence Risks
Turbulence, runway excursions and ground damage were the most common accident types among airliners operating globally in passenger and cargo service in 2022, according to Flight Safety Foundation’s 2022 Safety Report. The report, released today, is based on an analysis of preliminary accident data and information contained in the Foundation’s Aviation Safety Network (ASN) global database. […]
Seafarers as collateral strike damage
Steven Jones, the founder of the Seafarers Happiness Index, on how the wave of industrial action at quaysides around the world is keeping seafarers at sea. Well done everyone, we survived covid. We faced down the challenges, threats, coughs and came out stronger. Yes, seafarers were locked down, they were forced to remain onboard for […]
