Entegre Lojistik Çözümleri

The latest initiative is being called an “addendum” to an emissions reduction agreement the Southern California ports and regulators inked late last year.

The carrier’s CEO expects solid demand out of Asia to continue through much of the year, putting a floor under rates while congestion at key ports and geopolitical disruption absorb excess capacity.

The increasing restrictions are preventing some carriers from maximizing their stowage, but haven’t yet deteriorated to the disruption-creating levels seen three years ago.

Pricing is shifting in shippers’ favor, with the global air cargo spot rate down 6% month over month, Xeneta reported.

The liner was commenting after unveiling mixed financial results, with declines in both second-quarter and half-year net profit despite an increase in revenues.

Sila Technologies, Sunrise Energy Metals and Niron Magnetics are the latest entities that inked conditional loan commitments with DOD’s Office of Strategic Capital. 

Container transshipping over Indian ports has become more pronounced in recent months as carriers increasingly adjust service networks in response to security risks, disrupted Red Sea/Suez Canal routings, and vessel deployment changes.

The ability of ports and inland infrastructure to absorb growing and increasingly imbalanced trade flows has become the new constraint on industry growth, Vincent Clerc says.

The carrier said the surge in cargo demand and higher freight rates driven by the early peak season led the second quarter to outperform the first quarter and year-ago period.

Sustained import volumes and rising freight rates near the end of an early peak season are “taking most observers by surprise,” Freightos said.