Will carrier profitability last? 
Patrik Berglund, CEO of freight rate benchmarking platform Xeneta, expects the big carriers to further seek higher contract rates to extend profitability The surge in carrier profitability has been based on the high spot freight rates boom this year. A key test will be whether... more
Authorities to audit seafreight margins
The maritime shipping industry can now see a silver lining on the horizon: in July 2021, the US Federal Maritime Commission established an audit programme to assess ocean carriers’ compliance with federal regulations on detention and demurrage and to step up the federal agency’s... more
SAA is back
In exactly three weeks, on 23 September 2021, the livery of South African Airways (SAA) will once again be visible in the skies as the airline resumes operations. Interim CEO Thomas Kgokolo: "After months of diligent work, we are delighted that SAA is resuming service and... more
Fresh news from the 3PL market
Armstrong & Associates (A&A’s) has published its newest report on 3PL in 2020. According to the analysis, the pandemic showed that "3PL prevailed as an essential industry". The winner of all 3PL segments for revenue growth in 2020 was International... more
Even Golden Week won't ease the pain
On the basis of current deployment schedules, Copenhagen-based maritime intelligence provider Sea-Intelligence predicts that offered vessel capacity on Asia-North America West Coast will be between 420,000-460,000 teu in the four-week Golden week period (weeks 40-43), whereas it... more
Leinauer joins Haeco Group
Klaus-Peter Leinauer has joined Haeco Group as VP of group commercial for Europe, Middle East and Africa (EMEA). Based in Germany and reporting to the group’s Hong Kong-based CCO, he will oversee the aviation product and service provider's efforts in strengthening commercial... more
Tapa Emea now self-sustainable
The Transported Asset Protection Association (Tapa) Emea bids farewell to its admin partner, LBA International Consultancy, after 13 years of service. Since LBA’s executive chairman Laurence Brown stepped down from his role as its executive director last December, Tapa Emea... more
Cargo Ai’s advisory board grows
David Lara will join Cargo Ai’s advisory board, effective 1 September 2021, after having served as SVP global airfreight procurement & capacity management at Ceva Logistics for 20 years. Cargo Ai was launched by founder and CEO, Matthieu Petot in 2019 as a SaaS... more
Reliability at a stable low, Sea-Intelligence says
Sea-Intelligence, a Copenhagen-based maritime intelligence provider, has updated its schedule reliability figures up to and including July 2021. The report covers the relevant data from 34 trade lanes and more than 60 carriers. While schedule reliability is not getting any... more
Russian locomotives to carry African bauxite
Russia-based Sinara has won an open tender for the manufacture and supply of a batch of series TGM8 Elephant diesel locomotives to CBK in Guinea. CBK, part of Rusal Group, is a specialist in the extraction and export of bauxites. TGM8 will be used in the production chain of... more