The Loadstar - Making sense of the supply chain
WEBLoadstar Headlines. The Jordanian government has agreed to extend APM Terminal’s concession agreement at its key container ... Airlines and forwarders will be asking if the potential short-term financial gains from today’s increased ... Deutsche Bahn’s supervisory board, in an extraordinary meeting, has approved the sale of DB Schenker ...
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WEB3 days ago — News / Forwarder concern grows over port strike amid a scramble for dwindling airfreight capacity. Forwarders have expressed “growing concerns” over the US port strike, which – given the immutable ... Airforwarders Association International Longshoremen’s Association (ILA) Shipco Strike inaction US east coast port strike.
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Alibaba bought into parent of new ocean carrier Transfar Shipping …
WEBOct 18, 2021 — Chinese e-commerce group Alibaba has a stake in new liner operator Transfar Shipping, which launched operations with China-US west coast sailings in August, The Loadstar has learned. Singapore-registered Transfar started out as a freight forwarder, owned by Worldwide Logistics (Group), a Chinese 3PL founded in 2003, in which Zhejiang Cainiao Supply Chain Management Co, a unit of Alibaba ...
WFS buys LA handler Mercury Air Cargo amid fears of lack of …
WEBDec 13, 2021 — Worldwide Flight Services (WFS) has acquired Mercury Air Cargo, the largest air cargo handler in Los Angeles, according to industry insiders. The deal has taken some three months to prepare as the handling division had to be separated from Mercury Air Group, which operates a fuel subsidiary and a government services arm. The news will raise concerns over an increased lack of competition in ...
JJ Shipping launches bid for IPO to raise funds for new greener …
WEBJan 11, 2023 — Specifically, JJ Shipping plans to build six 1,800 teu and two 2,400 teu ships. Its subsidiary, Shanghai Hai Hua Shipping, plans to spend CNY211m ($31m) on two 1,000 teu ships for domestic coastal services. Currently, JJ Shipping is the 35th – ranked liner operator, with a total capacity of nearly 40,000 teu on 29 owned ships and 13 chartered ...
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WEBWho we are The Loadstar is the world’s most popular news source for shippers, logistics service providers and their carrier suppliers who manage containerised sea freight and air cargo supply chains. With over 55,000 registered readers our global importance to the people who move cargo is reflected in a readership that is truly international with a third of our readers based in North America ...
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WEBThe Loadstar is known at the highest levels of logistics and supply chain management as one of the best sources of influential analysis and commentary. The focus is on independent, high-quality journalism for the benefit of our readers’ knowledge and understanding. Read by shippers, forwarders, logistics providers, carriers, ports and airports, The Loadstar connects through information. We ...
Expeditors battles to recover systems after possible 'ransomware' …
WEB23/02/2022. A whole army of “recovery” companies will have descended on Expeditors as it battled to recover from a targeted cyber attack on Sunday. Expeditors, which has endeavoured to keep the market updated, said yesterday its network was operating, using its global business continuity plan. “Our employees continue to leverage back-up ...
Knight-Swift scoops up more Yellow terminals in its quest for LTL …
WEB16/02/2024. Knight-Swift Transportation took another stride on its road to a US-wide LTL network as it scooped up ten more terminals of defunct Yellow Freight. The seventh-largest US trucking outfit acquired 13 facilities and leases for two more in the first round of the sell-off of Yellow’s assets. One of the largest truckload operators on ...