Freight News
International airfreight rates surged in March, with some routes rising as much as 95 percent, as reduced capacity and higher fuel costs tied to the Iran conflict pushed prices toward pandemic-era highs, according to Drewry.
Rates from Shanghai to Dubai climbed 95 percent since the start of the war to US$8.60 per kilogram, Drewry said. Prices could exceed the 2020 peak of US$9.40 if fuel surcharges continue to rise.
Cost pressures intensified ...
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AAL Shipping has unveiled its latest Super B-Class vessel, AAL Newcastle, and announced two additional newbuildings as it expands capacity for heavy-lift cargo.
The vessel was named at CSSC Huangpu Wenchong Shipyard. In a statement, AAL Shipping said AAL Tianjin and AAL Miami will join the ...
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Log-hub has released version 6.1 of its platform, adding artificial intelligence-driven route optimization and expanded carbon emissions analysis as companies seek more automated and transparent logistics planning tools.
The update introduces AI-powered last-mile route optimization through the company’s Supply Chain Agent, allowing users to generate delivery ...
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Kawasaki Kisen Kaisha Ltd., known as “K” Line, said March 31 it has begun using bio-LNG fuel for its liquefied natural gas-powered car carriers under a new long-term procurement agreement aimed at reducing greenhouse gas emissions.
The company said the agreement will support the continued supply ...
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Rhenus Group executed a complex multimodal transport of industrial equipment from Austria to the U.S., supporting the build-out of a major manufacturing facility and highlighting the growing role of inland waterways in project logistics.
The move comprised about 2,840 cubic meters of breakbulk cargo packed in ...
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Port of Long Beach reported stable cargo volumes in February as trade flows continued to move without disruption despite tariff uncertainty and conflict in the Middle East.
The port handled 767,525 twenty-foot equivalent units (TEUs) last month, up 0.3 percent from February 2025. Imports edged down ...
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Port of Palm Beach has completed a US$30 million infrastructure upgrade program aimed at improving gate efficiency, rail connectivity and cargo flows, the port said.
The project included a redesign and automation of the main entrance, expanded truck lanes, installation of radiation portal monitors and rehabilitation ...
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Ocean Network Express said it has completed a long-term partnership with Dongwon Group by acquiring an indirect stake in Dongwon Global Terminal Busan, strengthening its position at one of Asia’s key transshipment hubs.
The Busan facility is South Korea’s first fully automated container terminal, using automated ...
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The Port of Long Beach is restructuring its leadership team as part of a broader strategy to improve decision-making, operational performance and long-term resilience, the port said.
The changes include the creation of a new Organizational Effectiveness bureau, consolidating human resources and procurement functions under a ...
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Global iron ore shipments rose 5 percent year over year in the first 12 weeks of 2026, supported by stronger Chinese import demand, even as China’s steel output declined, according to BIMCO.
Chinese steel production fell 4 percent year over year in the first two months ...
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