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Breaking news and comment for the freight and logistics industry.

News

Press release 2 months ago
The rise of $1.2bn HappyRobot - 'an uncomfortable mirror' for brokers
In case you missed it: HappyRobot's $150m Series C recently valued the freight AI startup at $1.2bn. But as CH Robinson's headcount drops and the industry races to automate, the real question is who controls the moat. Three Spanish founders, a failed comp
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Blog 2 months ago
AI has reached forwarders' P&L - now the arguments begin
AI appears poised to transform freight forwarding. And the industry's biggest players are finally starting to put numbers on it. Kuehne+Nagel told investors at its Q2 earnings call that AI initiatives were expected to deliver savings of up to Sfr150m ($18
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Blog 2 months ago
Demand the driver as carriers prepare for Q4 capacity management
European container demand could weaken in the fourth quarter, as a significant share of this year's peak season cargo appears to have been brought forward. According to Italian container logistics provider Sogese's August Europe Container Market Update, d
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Blog 2 months ago
'Data center conundrum': what if the financing boom outruns physical reality?
Would you believe it: the regulator has confirmed that post-crisis investor protections never applied to a fast-growing securitization market financing the biggest driver of air cargo growth. Just as moratoriums multiply and 50-plus projects are canceled.
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Blog 2 months ago
Barge surcharges skyrocket as Europe's inland waterways struggle
Surcharges for Rhine barge transport have skyrocketed in the past few days as water levels continue to plummet, with forecasts only showing further falls as Northern Europe waits for rain. MSC, for example, has confirmed the following surcharges: €1,350 p
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Blog 2 months ago
Muscat-Dubai road feeder expected to remain part of Oman Air network
The emergence of Muscat, in Oman, as a back-up air cargo hub this year, notably for DHL, was a prime example of how the industry adapted to disrupted airspace and airport closures across the Gulf and wider Middle East region. The conflict also saw nationa
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Blog 2 months ago
Cosco returns to Red Sea sailings, despite threats from Houthis
Bookings are back on for Cosco Red Sea services, the Chinese carrier set to operate a Far East-Red Sea rotation that will see vessels cross the Bab el-Mandeb Strait, despite Iran-backed Yemeni rebel group the Houthis attacking ships in the strait. The dec
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Blog 2 months ago
DHL Group: 'Smart industrial growth' at Express is all that matters
In a nutshell: DHL's Express turnaround is being built on a multi-year pivot away from parcels and toward heavier, AI-linked (smart) industrial cargo, data-centre logistics, semiconductors, batteries, backed by a new run of division-by-division investor b
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Blog 2 months ago
Infrastructure expansion a boost as JNPA volumes continue to grow
Singapore-based terminal giant PSA International continues to scale-up its operating capabilities at India's Nhava Sheva Port (JNPA). PSA operates JNPA's largest container terminal, Bharat Mumbai (BMCT), now with an annual capacity of 4.8m teu following t
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Blog 2 months ago
Tropical storms bring congestion and cargo backlogs at Asian ports
Typhoon Dolphin, which made landfall around Ningbo yesterday, has added to congestion around East Asian ports, with 2.4m teu of containerships now waiting around ports in China. After typhoons Bavi and Noul, Typhoon Dolphin is the third and strongest trop
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