CSCSNA Market Information

Forwarders and shippers caught in the updraught of an air cargo ‘perfect storm’

air cargo ULDs © Prayuth Gerabun _91965821
© Prayuth Gerabun

Forwarders and shippers are “feeling the pain” of a serious lack of air freight capacity in the market as rates soar on some lanes as high as $8.00 per kg.

There is “nowhere to turn”, said one Asia-Europe air freight forwarder, who reported a seven-to-ten-day backlog out of Asia.

“Rates are going sky high – and going up every weekend. It’s about $4 per kg as ...

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Growing Global: St. Louis Makes Its Mark On The World

Growing Global: St. Louis Makes Its Mark On The World

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FedEx Rolls Out Rate Increases For 2018

FedEx Corp. has announced that it is raising shipping rates beginning Jan. 1, 2018, with the shipping company saying that FedEx Freight, Express, Ground and Home Delivery shipping rates in the U.S. will increase by an average of 4.9%, among other rates. By Jeff Berman

Transportation and logistics bellwether FedEx yesterday announced rate increases for various business lines, including FedEx Express, FedEx Ground, and FedEx ...

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Global Trade Reacts To Donald Trump’s Stunning Win

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UPS plans huge boost in holiday hiring

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FedEx is Changing the Equation for Dimensional Pricing

FedEx is Changing the Equation for Dimensional Pricing

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Hanjin ships, cargo and sailors stranded at sea By Andreas Illmer BBC News 1 September 2016 From the section Business

Hanjin ships, cargo and sailors stranded at sea – BBC News

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What You Need to Know About the New SOLAS Regulation

With the new SOLAS Regulation that came into effect in July 2016, there has been a lot of discussion about what the new ruling entails, and what it will mean for the industry. By SEKO Logistics

There has also been a lot of confusion, particularly regarding who is responsible for implementing the changes and enforcing the ruling. To help clear things up, here are the key facts you need to know.

What ...

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Expanded Panama Canal open for business but questions linger on its ability to be a game changer

The long-awaited expansion of the Panama Canal, which was roughly ten years in the making, became a reality yesterday, with the expanded Canal holding an inauguration yesterday in Panama City, Panama to herald the next chapter in its history.

By Jeff Berman, Group News Editor ·June 27, 2016

The long-awaited expansion of the Panama Canal, which was roughly ten years in the making, became a reality yesterday, with the expanded Canal holding an inauguration yesterday in Panama City, Panama to herald the ...

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FedEx to Settle Driver Lawsuits in 20 States for $240M

FedEx Ground Package System Inc has agreed to pay drivers in 20 states $240 million to settle lawsuits claiming the second-largest U.S. parcel delivery company misclassified them as independent contractors, it said on Thursday. By Daniel Wiessner

The settlement, if approved, would be divided among 12,000 drivers, some of whom would receive tens of thousands of dollars,Beth Ross, lead lawyer for the plaintiffs, said in an email.

Until 2011, ...

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