The Loadstar

Making sense of the supply chain

  • ONE container carrier network now predicting loss of $600m in its first year

    ONE container carrier network now predicting loss of $600m in its first year

    Japanese carrier Ocean Network Express (ONE) is set to see losses spiral to $600m in its first year, as it struggles to “restore the trust of customers” after the chaotic April launch. ONE has...

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  • Lufthansa Cargo bans dry ice shipments on 747s to keep animals safer

    Lufthansa Cargo bans dry ice shipments on 747s to keep animals safer

    Lufthansa has banned the shipment of dry ice in its 747s to prioritise pets, despite demand from pharmaceutical shippers. The carrier said the decision was due to a high number of late bookings...

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  • APM Terminals sells its stake in Turkey’s Petlim container terminal

    APM Terminals sells its stake in Turkey’s Petlim container terminal

    APM Terminals is selling its stake in Turkey’s Petlim container terminal, near Izmir, having reached an agreement with majority shareholder Socar. The deal continues the terminal operator’s...

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  • B&H launches Euro road freight network to complement air services

    B&H launches Euro road freight network to complement air services

    B&H Worldwide, which specialises in aircraft-on-ground (AOG) and aerospace supply chains, is to launch a European road freight network. It says it is looking to provide “cost effective” transport...

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  • Analysis: APMM vs GE – dinosaurs, but heading for extinction?

    Analysis: APMM vs GE – dinosaurs, but heading for extinction?

    “That is mind-blowing. The comparison is stunning. Two dinosaurs on totally different islands experiencing the same cyclical patterns… who would have thought?” – T. Island, nickname, a Loadstar...

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  • US tariffs hang over China’s biggest trade fair

    US tariffs hang over China’s biggest trade fair

    Yesterday saw the start of the three-week long Canton Fair in Guangzhou, where Chinese exporters gather to sell their wares. But whether its Christmas tree lights, motorcycles or photocopiers they...

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  • Freight Mergers brings in M&A specialist Luke Mitchell

    Freight Mergers brings in M&A specialist Luke Mitchell

    Freight Mergers has appointed Luke Mitchell to work with the mergers and acquisitions team at its newly opened London office. Mr Mitchell joins Freight Mergers from audit and consulting firm RSM...

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  • Valencia Index sees slight decline in September’s Med freight rates

    Valencia Index sees slight decline in September’s Med freight rates

    The Valencia Containerised Freight Index (VCFI) suffered a light decrease in September, like other similar rates, of 0.37% with respect to August, standing at 1,077.89 points against 1,081.94...

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  • OOCL announces bunker recovery surcharge to cover IMO 2020 compliance

    OOCL announces bunker recovery surcharge to cover IMO 2020 compliance

    OOCL plans to begin the switch to low-sulphur fuel for its fleet of around 100 container vessels during the second half of next year, in readiness for compliance with IMO 2020. Unlike some of its...

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  • China-US trade war could be the founder of a feast for intra-Asia box traffic

    China-US trade war could be the founder of a feast for intra-Asia box traffic

    Booming intra-Asia trades stand to benefit the most from a lengthy US-China trade war. But low freight rates, overcapacity and poor schedule reliability is putting pressure on shipping lines...

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  • Forwarders hit back at ‘shipping monopoly’ and ‘no limit’ box detention fees

    Forwarders hit back at ‘shipping monopoly’ and ‘no limit’ box detention fees

    Ecuadorian forwarders are fighting back against a “major trade risk” presented by what they call the “monopolisation” of the shipping sector, and unregulated container detention fees. Speaking to...

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  • Co-op: fair pay for supply chain workers ‘could be the next plastics’

    Co-op: fair pay for supply chain workers ‘could be the next plastics’

    Co-op’s chief commercial officer Michael Fletcher believes supply chains could experience a “David Attenborough” moment in the near future. Referencing the veteran presenter’s impact on reducing...

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  • MSC opts for Traxens technology to create 50,000 ‘smart’ containers

    MSC opts for Traxens technology to create 50,000 ‘smart’ containers

    MSC has announced it will fit some 50,000 of its dry containers with smart technology over the next few months. While the deployment of smart technology on reefer containers has become...

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  • End-of-year decisions for shippers

    End-of-year decisions for shippers

    US-bound imports are on course for record high levels. Logistics Trends and Insights, citing Port Tracker, predicts that, between September and December, imports will grow 2.3% to 4.3% year on...

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  • HNA in advanced talks to sell Swissport to Brookfield

    HNA in advanced talks to sell Swissport to Brookfield

    Debt-laden HNA Group’s efforts to shift air cargo handler Swissport from its books appear to have moved forward. Bloomberg, citing “people familiar” with the matter, claims Canadian asset manager...

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  • Hapag-Lloyd and ONE set to operate joint feeder services round the world

    Hapag-Lloyd and ONE set to operate joint feeder services round the world

    Hapag Lloyd and it’s the Alliance partner Ocean Network Express (ONE) have agreed to operate feeder services around the world together. Under the terms of a “bilateral strategic feeder network...

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  • Early AE2/Swan return would add to the pressure on Asia-Europe carriers

    Early AE2/Swan return would add to the pressure on Asia-Europe carriers

    The Shanghai Containerized Freight Index (SCFI), published today after a break for the Chinese Golden Week holiday, reveals a sharp contrast in fortunes for the major carriers. The decision by...

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  • Market Insight: CEVA and CMA CGM – vertical consolidation the next step?

    Market Insight: CEVA and CMA CGM – vertical consolidation the next step?

    Events have overtaken me this week. I began this column with the following: “The recent appointment of Serge Corbel as the new chief financial officer of CEVA Logistics fuelled speculation that...

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  • Dnata to build major cargo handling facility at Heathrow, as Hactl goes solar in HK

    Dnata to build major cargo handling facility at Heathrow, as Hactl goes solar in HK

    Dnata is to build a new 250,000 sq ft warehouse at Heathrow, to be known as Dnata City East. The facility has planning consent, allowing Dnata to go ahead with a building to complement...

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  • US threatens to act over China’s online cost advantage on postal fees

    US threatens to act over China’s online cost advantage on postal fees

    The clock is ticking towards a potential fresh bout of Trump ‘diplomacy’. The US president is now on a collision course with the Universal Postal Union (UPU) and has threatened “repercussions” if...

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