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Market Focus
  • Fire on X-Press Pearl boxship ‘contained considerably’ May 31,2021

    Sri Lanka’s authorities are hoping to avert the complete break-up of the 2,700 teu feeder ship X-Press Pearl, stating today that the eight-day fire on the container ship had been “contained considerably”.As the Sri Lankan authorities begin to clean up chemical debris and assess... [learn more]

  • KN: meeting the challenges of Covid-19 vaccine roll-out May 31,2021

    Leading global pharma logistics specialist Kuehne + Nagel (KN) is confident of meeting the logistics challenges of the rollout of Covid-19 vaccines and readying itself for the transition this summer to greater volumes of airborne shipments – as more doses find their way to countries around the globe... [learn more]

  • Geodis boosts its automation efforts May 31,2021

    European logistics operator Geodis is boosting its automation efforts with the appointment of Antoine Pretin as group vice president for engineering, to oversee the growth in automating the company’s service offerings to customersAn engineer by trade, Pretin began his career in 2007 as a project man... [learn more]

  • Long-term ocean freight rates rise again in May May 28,2021

    A year of historically high long-term contracted container rates is being pushed to new heights, with a further 9% surge in prices in May. According to the latest market intelligence from Xeneta’s Long-Term XSI Public Indices, which ‘crowd sources’ rates from leading shippers a... [learn more]

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