Global shipping overcapacity: balanced by 2028? 
According to Sea-Intelligence, the container shipping market is grappling with overcapacity, with 2023 and 2024 expected to see significant excess. Optimistic scenarios suggest potential rebalancing by 2028, but uncertainties around factors like demand, supply and structural... plus
AI and the future of supply chains
The CTO of Raft, an intelligent logistics platform, shared his thoughts on AI in logistics at last month’s Wesccon, a gathering of freight forwarders, NVOCC's and customs brokers organised by the Pacific Coast Council. In his speech, Nisarg Mehta described the use of AI as an... plus
Changing of the guard at Time Matters
Bernhard zur Strassen took over as new managing director and CEO of Time Matters on 1 November 2023. He succeeds Alexander Kohnen, who left the company at his own request in April 2023. Zur Strassen was most recently chief revenue officer at the software company Shipsta. Zur... plus
Three B737-800SF freighter conversions
Aeronautical Engineers Inc. (AEI) has announced that Canadian-based Air Inuit has ordered three AEI B737-800SF freighter conversions with two of the aircraft being converted as combi aircraft. The first aircraft is slated to begin modification in November of this year and will... plus
Namibia: 417 km rail upgrade
The African Development Bank (AFDB) has approved a USD 196 million loan to modernise Namibia’s rail infrastructure. The project entails building 207 km of new rail track between Kranzberg and Otjiwarongo, which includes constructing 16 bridges, renovating two stations, and... plus
Duvenbeck expands Polish business
Duvenbeck, a full-service logistics provider, is expanding its activities in Poland in response, amongst others, to a growing automotive market. Companies will showcase their solutions at the trade fare Trans Logistica Poland in Warsaw next week. "Poland is playing an... plus
CSX to serve new battery plant
North Carolina Railroad (NCRR) in the USA is investing USD 500,000 to assist with the design and construction of on-site rail infrastructure and rail spur for the US class I railway CSX to serve the Epsilon's new EV battery plant at Mid-Atlantic Industrial Rail Park in Brunswick... plus
Next port of call for Rob Kusiciel
Ports America recently appointed Rob Kusiciel as its new chief commercial officer to oversee the company’s commercial operations and strategy. Kusiciel joins Ports America from Cargomatic and brings with him over 20 years of experience in overseeing the planning, direction,... plus
21 kg of ketamine concealed in air cargo
US Customs and Border Protection (CBP) seized about 21 kg of ketamine, an animal tranquiliser abused by users, in an air cargo shipment from Cameroon on 10 October 2023 at Washington Dulles International Airport. CBP agriculture specialists intercepted the ketamine in five... plus