Drewry: prices and lead rates better than expected
The coronavirus outbreak will lead to a contraction in the shipping container fleet and keep prices and lease rates under pressure in 2020 - although better than in 2019, says London (UK)-based maritime intelligence provider Drewry. Its latest published container equipment... more
A new battle front for Embraer
Strongly contested by Embraer, Boeing has terminated its master transaction agreement (MTA) with the Brazilian airframe manufacturer, under which the two companies sought to establish a new level of strategic partnership. The parties had planned to create a joint venture... more
Haeco helps to stuff passenger cabins
Haeco Cabin Solutions, a business unit of the Hong Kong-based Haeco Group, headquartered in Greensboro, NC, USA, has launched new devices to allow package stowage in the main passenger cabin. The solutions build upon existing seating and interior technologies and can be... more
149 shippers honoured with safe handling award
It is easy to become distracted by the current response to Covid-19, but safety never takes a break. It is in this spirit of keeping everyone safe and healthy that Canadian National Railways (CN) recently named the winners of its safe handling award for 2019. In all, 149... more
Few detentions for BMA in 2019
The United States Coast Guard (USCG) has been implementing its Qualship 21 programme (quality shipping for the 21st century) since 2001. The Bahamas Maritime Authority (BMA) was recently included in the USCG 'Qualship 21' list, which recognises the quality of Bahamas registered... more
Good news from closed zoo thanks to CBP
Cincinnati officers of the US Customs and Border Protection (CBP) recently received exciting news about a special delivery: a female armadillo banded lizard at the Cincinnati Zoo and Botanical Garden gave birth to a live, healthy baby. It's quite possible this new... more
GM picks Ceva to manage ventilator supply chain
Ceva Logistics has been appointed by General Motors as its 4PL to manage its entire ventilator production supply chain. Under GM’s contract with the US Department of Health and Human Services, the logistics company is responsible for delivering hundreds of parts which will be... more
Daseke recruits EVP and CFO
Daseke, a large flatbed and specialized transportation and logistics solutions company in North America, has hired Jason Bates as its executive vice-president and CFO. Bates will be fully transitioned into his new role by 27 April, and will be responsible for managing all... more
7.5% less global capacity in container shipping
According to data compiled by the Copenhagen-based maritime intelligence company Eesea, the global capacity in container shipping for 2020 has already been cut by 7.5% at this point in time. Shipping capacity was down by 9% in April. So far, a total of 302 out of 2,693 sailings... more
100 years ago and one month ago
In between 24 and 25 April 2020, it will be exactly 100 years ago that the Dornier Do Gs 1 was sunk in Kiel on Germany’s Baltic Sea coast. The predecessor of the Dornier Do J (aka whale) flying boat series, which operated, inter alia, a mail liner service between Germany and... more