The Loadstar

Making sense of the supply chain

  • Return to index-linked contracts an idea gaining traction with BCOs and forwarders

    Return to index-linked contracts an idea gaining traction with BCOs and forwarders

    It’s time for the liner industry to ditch the flawed fixed tender process where “someone always loses” and revisit index-linked contracts. In a webinar yesterday to reveal results of a survey of...

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  • Volatile air freight rates making 2019 market difficult for forwarders to read

    Volatile air freight rates making 2019 market difficult for forwarders to read

    Forwarders are deploying wildly different strategies in an air cargo market that so far this year has seen erratic and volatile rates.  Interestingly, given the soft start to the year, average air...

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  • Mandatory shaft power reduction on all ships may be the way to hit IMO emissions target

    Mandatory shaft power reduction on all ships may be the way to hit IMO emissions target

    Japan’s International Maritime Organization (IMO) delegation is set to call for a mandatory shaft power reduction on all ships to help meet its commitment to cut shipping emissions by 40% by...

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  • US cargo carriers line up against the majors over ‘threat to ‘Open Skies’

    US cargo carriers line up against the majors over ‘threat to ‘Open Skies’

    US cargo airlines have again voiced their support for Gulf carriers in the face of a concerted effort by US legacy operators to disrupt the Open Skies agreement. Lobbying as US Airlines for Open...

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  • JIT shipping could cut surging fuel costs and boost schedule reliability

    JIT shipping could cut surging fuel costs and boost schedule reliability

    Just-in-time (JIT) vessel arrivals could answer two of container shipping’s most pressing problems: surging fuel costs and poor schedule reliability. Vessel tracking specialist MarineTraffic is...

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  • Amazon closes Chinese online store

    Amazon closes Chinese online store

    So Amazon has failed at something: it has pulled out of China, a market sewn-up by its rivals, reports Reuters. It says it will close its Chinese online store by July, ending services on...

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  • HNA subsidiary CWT International defaults on loan

    HNA subsidiary CWT International defaults on loan

    A logistics subsidiary of troubled HNA Group has defaulted on a $179m loan and has either to pay or lose assets, according to Reuters. The subsidiary, CWT, told the Hong Kong Stock Exchange it had...

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  • Carriers wield the axe on more Asia-North Europe sailings to ‘stop the rot’

    Carriers wield the axe on more Asia-North Europe sailings to ‘stop the rot’

    Ocean carriers plying the Asia-North Europe tradelane are taking measures to “stop the rot” by cancelling more sailings, according to Alphaliner. Spot rates on the route have slumped to a 12-month...

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  • Panalpina Q1 profits rise, despite ‘M&A distractions’

    Panalpina Q1 profits rise, despite ‘M&A distractions’

    Improved efficiencies helped Panalpina to a first-quarter ebit up 15% to Sfr28.1m ($27.8m), while consolidated profit also rose 15%, to Sfr19.2m, with total operating expenses down 5% at...

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  • Russia steams ahead, while UK rail freight sector calls on Whitehall for more support

    Russia steams ahead, while UK rail freight sector calls on Whitehall for more support

    A new report calls on the UK government to increase support for the country’s rail freight sector, with decarbonisation among its core concerns. The National Infrastructure Commission highlights...

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  • Rhenus offers customers the opportunity to opt for ‘greener’ aircraft

    Rhenus offers customers the opportunity to opt for ‘greener’ aircraft

    Shippers and forwarders are starting to choose air freight routes and aircraft based on emissions, following the launch of a global CO2 transparency programme. Launched on Monday, Rhenus...

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  • Intermodal services in a dip as CSX ‘rationalises’ its network to regain reliability

    Intermodal services in a dip as CSX ‘rationalises’ its network to regain reliability

    US rail operator CSX’s intermodal division may have closed 2018 on the up, but this year has begun with “leaves on the line”. Its first-quarter earnings statement reveals a 5% dip in revenue...

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  • Zim signs up for Maersk-led TradeLens

    Zim signs up for Maersk-led TradeLens

    For all those naysayers, Maersk may in fact have its day, as yet another “competitor” signs up to its TradeLens blockchain platform. While “competitor” may be accurate, in that this new signee...

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  • Amazon under investigation by Italy’s competition watchdog

    Amazon under investigation by Italy’s competition watchdog

    Italy’s competition watchdog is investigating Amazon for alleged anti-competitive behaviour. The Local is reporting that the investigation was opened yesterday following claims the e-commerce...

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  • Market Insight Exclusive with Jeff Rubin: Nexus of evils – what happens when oil, globalisation and the environment collide? 

    Market Insight Exclusive with Jeff Rubin: Nexus of evils – what happens when oil, globalisation and the environment collide? 

    Jeff Rubin needs no introduction, but I am giving him one anyway. Former CIBC global chief economist for some 20 years, leading oil authority and much sought after keynote speaker, Jeff has...

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  • Supply chain radar: Panalpina’s Q1 surgery is all DSV needs – the patient is on the operating table 

    Supply chain radar: Panalpina’s Q1 surgery is all DSV needs – the patient is on the operating table 

    The patient is on the operating table. After talking billions of dollars for almost three endless months following the whopping ~Sfr4.9bn takeover offer that Panalpina accepted from DSV, a tiny...

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  • Supply chain radar: CSX Corporation – a shareholder value multiplier

    Supply chain radar: CSX Corporation – a shareholder value multiplier

    Not only is the railroad business in control of supply chain affairs in North America, but it is in power too – that’s the message, loud and clear, from $61.5bn-market-cap behemoth CSX Corporation...

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  • SA: CSX +4% after huge efficiency gains

    SA: CSX +4% after huge efficiency gains

    SEEKING ALPHA reports: “CSX Corporation (NASDAQ:CSX) reports a quarterly record operating ratio of 59.5%, a mark that smashed the 63.7% recorded a year ago.” To read the full story, please click...

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  • IAG Cargo announces 24/7 critical service in time for the Easter holiday

    IAG Cargo announces 24/7 critical service in time for the Easter holiday

    Press Release IAG Cargo’s product for high priority shipments now includes a 24/7 service based out of its London hub The decision comes after a noticeable increase in demand for Critical...

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  • Be sulfur-smart: Get behind the real issues in the debate over scrubbers

    Be sulfur-smart: Get behind the real issues in the debate over scrubbers

    Press Release With the new sulfur limit coming into force in 2020, ship owners and operators are looking to comply with the regulation, and a debate has ensued over the use of scrubbers. What are...

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