Day June 4, 2024

Maersk applies peak season surcharge from South China to Bangladesh

Maersk is implementing a Peak Season Surcharge for dry and reefer containers originating from South China ports and destined for Bangladesh. Source

Resurrected Convoy app gaining traction among small carriers, brokers: Flexport

The post-pandemic resilience of small fleets has been attributed in part to driver reliance on apps such as the one Convoy built, which Flexport purchased last November. Source

Air cargo rates and volumes continue to soar in May

Airfreight rates continued to rise in May while demand also continued to beat last year's levels. The Baltic Exchange Airfreight Index (BAI) shows that in Source

India-Europe carriers see strong rate gains for early peak season bookings

Spot rate quotes secured by forwarders from major carriers for sailings near the end of June are up between $500 to $600 per container on average from levels seen for the first half of the month. Source

Brexit opens EU ETS savings window

The ETS has “loophole” due to the UK's withdrawal from the EU. This allows UK port calls to be considered the first/last port call before… Source

New chief executive for Jettainer

Lufthansa Cargo-owned ULD management company Jettainer has appointed Jan-Wilhelm Breithaupt as chief executive, effective from June 1. Breithaupt holds a Source

High water levels close Rhine River to barge traffic after flooding rains

The Rhine is one of the most important commercial waterways in Europe and its closure is pushing traffic to the road and rails where there is limited capacity. Source

DP World introduces new rail transport solution for finished vehicles

DP World has introduced an industry-first solution using 53-foot intermodal containers with racking systems to transport finished vehicles… Source

Deutsche Bahn selects the final four DB Schenker bidders

Deutsche Bahn has narrowed the number of potential buyers of freight forwarding subsidiary DB Schenker down to four bidders that have now been invited to Source

Container market hearing echoes of pandemic-era dynamics: analyst

With vessel capacity tight and freight rates on the rise, there are several market dynamics that emerged during the pandemic that are already beginning to play out once again, writes Lars Jensen. Source

Baltimore import bookings rebound as port’s full ship channel to reopen soon

Evergreen Marine’s neo-Panamax service from Asia will start making regular calls to Baltimore by mid-July, and the port’s container terminal is ready to start receiving imports. Source

Metrans unveils major terminal area expansion in Slovakia

Metrans has recently completed a significant expansion of its hub terminal located in Dunajská Streda, Slovakia. Source

IATA helps air cargo stakeholders regulate SAF

Monitoring and accounting for sustainable aviation fuel (SAF) is due to become easier for air cargo operators with the creation of a new SAF registry. The Source

ASCM CONNECT 2024 announced with Exclusive Formula 1 Promotion

Association for Supply Chain Management announces ASCM CONNECT 2024 with Exclusive Formula 1 Promotion September 9-11, 2024, in Austin, Texas. Source

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