Intercontinental dwell times increased
In its recent analysis, Chicago-based software developer and intelligence provider Four Kites reports that reliability in shipping has again deteriorated over the last year. In total, the average dwell time at the port of discharge (POD) is 240 hours (up 6% from the 2021... more
Another route for food transport
RZD Logistics is transporting fresh and frozen products by train from the Chinese Shandong Province to Moscow for the first time. The train, consisting of 50 autonomous refrigerated containers with fresh and frozen fruits and vegetables, as well as other food and medical... more
New PCS in Indonesia
Indian provider Kale Logistics Solutions has rolled out Indonesia's port community system (PCS) in the Port of Rembang. The port, located in the country’s central Java province, uses the system to fast track, streamline and automate stakeholder interactions at the port. The... more
Sea Lead to call at Australian ports
Sea Lead Shipping will start operations within the CA2 service from March 2022. Founded in 2017 and headquartered in Singapore, the shipping company will deploy a vessel within the CA2 consortium also run by TS Lines. The CA2 service connects Australia with Asian ports.... more
Freight rates: price hike expected to continue
The European road freight rate benchmark for Q4/2021 shows that prices ended 2021 at historic highs in Europe. The index stood at 108.3, 1.1 points higher than in Q3/2021 and 3.2 points higher than in Q4/2020. Q4/2021 is the 6th consecutive quarter of rate increases in Europe.... more
New Australian location for Geodis
Geodis is planning to open a new warehouse facility in Australia. The 4,500 sqm warehouse, which is due to be operational by H2/2022, will feature 4,000 pallet locations, 1,500 sqm of bulk space, and a cool room for perishable goods supply to marine and hospitality logistics... more
Royal Brunei Airlines extends GSA partnership
ECS Group has secured a two-year contract extension with Royal Brunei Airlines and will represent the airline’s cargo division at a variety of online and offline destinations across nine territories: S.E Asia, Australia, China, Middle East/Saudi Arabia, New Zealand, India, USA... more
ONE's volumes on the rise
The Japanese carrier Ocean Network Express, which is headquartered in Singapore, forecasts strong results for 2021. In Q3/2021, ONE's profit increased to USD 4.9 billion compared to the same period last year (+USD 3.945 million) mainly due to the rise in the spot freight market.... more