David Taabbodi

The new long-term operational collaboration is called Gemini Cooperation.The two Northern European shipping companies announced the deal on Wednesday, saying the agreement will be operational from Feb. 2025.  Read more

According to a report from Xeneta freight platform, air cargo volumes from Vietnam to Europe jumped 62%  from a week earlier as exporters seek to get goods to customers.The increase in demand has surged the air freight rates in Vientnam.It is, however, too early to decide if this is a real shift from ocean to

A European freight forwarder has accused carriers of to creating artificial demand by blanking sailings ahead of the Chinese New Year in order to increase or at least maintain the rates.“Chinese New Year starts this week because anything leaving before CNY must be booked now,” said the forwarder who wanted to remain anonymous.“The lines are

Freight movement through the Suez Canal has decreased by about 45% in the past two months amid the Red Sea crisis, according to the UN’s trade and development body.UNCTAD has said the situation in the Red Sea and attacks by Houthis on container ships, geopolitical tensions affecting shipping in the Black Sea ( Russia-Ukraine conflict) as well

US forwarder cuts 20% of staff amid supply chain chaos According to media reports, Flexport, which was considered one of the fastest growing digital freight forwarders in 2022, is to cut 20% of its staff, equalling as many as 500 employees. This is the third round of layoffs for the company in just over a

Bangkok cargo handler lifts embargo on import goods FS, the cargo handler company in Bangkok, has lifted its short embargo on import goods into the country after a surge in volume disrupted their operations.    “We can confirm we have now lifted the short embargo placed on import general cargo at Bangkok Airport, which was

EU urged to curb “massive impacts” of Red Sea crisis As the Red Sea situation continues to disrupt shipping industry and international trade, a European retail organization has urged EU countries to resolve the crisis. In a letter to Belgium’s foreign minister, European retail industry body EuroCommerce said the crisis has already had “massive impacts”