Japan-US container exports plummet in May
Container exports from Japan to the United States decreased year-on-year by 25.8% to 45,523 TEUs in May based on Descartes Datamyne data. Additionally, Japan-US box exports plummeted by 15.4%, while direct shipments from Japan to the US came to 27,364 TEUs, which shrank 22.6% year-on-year. At the same time, the remaining 18,159 TEUs were transshipped […]
Depleted cattle herds push beef prices to near record levels
Listen to the article 3 min This audio is auto-generated. Please let us know if you have feedback. Dive Brief: Depleted cattle herds have pushed up beef prices, eating into meatpacker profits as they struggle to fully pass along the costs to inflation-wary consumers. Prices for fed cattle, or cows that are large enough to […]
Trade pain a certainty if SA loses Agoa benefits
Thousands of jobs could be at risk in South Africa if the government of President Cyril Ramaphosa continues on its current path of alienating the United States by refusing to take a stance against Russia’s war in Ukraine. Instead of taking a firm position against Russian aggression and the violation of another country’s sovereignty, South […]
From high seas to high-tech: How shipping lines can improve operations with AI and big data analytics
Container fleet growth and improved sailing speeds mean productivity is transforming for the better: Baltic and International Maritime Council (BiMCO) predicted supply to grow by 11.3% in 2023. However, this significantly outpaces 1-2% growth expectations in head haul and regional trade demand for the same period. With so much supply capacity and demand lagging, it […]
FedEx Freight’s closures focus on Arkansas, surrounding states
Listen to the article 3 min This audio is auto-generated. Please let us know if you have feedback. On Aug. 13, FedEx Freight’s service center footprint in Arkansas will shrink significantly. Out of the 29 company locations slated to close that day, seven are in Arkansas, according to a list of closures obtained by Transport […]
Airship freighter behemoth possible by 2025
French-Canadian company, Flying Whales, believes it will fly its first airship freighter, capable of carrying 60 tonnes, by 2025 and will build 150 in the next 10 years thereafter to introduce the airfreight innovation where suitable. The company’s Large Capacity Airship (LCA) 60T will offer a high cargo bay – dimensions: 96m x 8m x […]
Port of Melbourne container volumes down in May
Port of Melbourne’s total container throughput reached 254,310 TEUs in May, translating to a 6.3% decrease from the same month last year. Additionally, container volumes have decreased by 1% for the period January – May compared with the same months in 2022. Furthermore, full overseas imports were down 13.4% in May, with furniture, domestic appliances, […]
FedEx isn’t expecting a boost from UPS-Teamsters talks
Listen to the article 3 min This audio is auto-generated. Please let us know if you have feedback. Dive Brief: FedEx didn’t see any material benefit from ongoing UPS labor negotiations in its most recent quarter, and the company isn’t planning on seeing any soon, EVP and Chief Customer Officer Brie Carere said Tuesday. “What I […]
Forum will focus on Tanzania’s mining sector
Tanzania’s mining sector will be up for discussion during a Mining and Investment Forum set down for October this year. The sector is vital for foreign exchange earnings and bolstering socio-economic growth and the sustainable development of the East African country. Recent reports show that the contribution of the mining sector to the Gross Domestic […]
Samskip opens new office in Czechia
Samskip has announced the opening of a new office in Prague, Czechia aiming to accelerate multimodal transport service development in Central Eastern Europe, after the recent expansion of the company’s presence in Poland, which was the starting point for the rollout of this initiative in the region. The team in Gdansk, Poland will work as […]
