Land, Sea and Air shipping / transportation news to, from, and around Europe.
Global Aperture The US Federal Reserve announced a 0.75% key interest rate hike on September 21 to offset economic inflation—its fifth increase in 2022. Following the announcement, banks associated with the Gulf Cooperation Council (central banks of Saudi Arabia, the United Arab Emirates,…
Global Aperture Cargo airlines and trade analysts drop hints that fall-winter air demand may drop, attributed to recent earning reports from major transport operators and the oft-reported cargo disruptions and volatile fuel markets. But some global airlines remain optimistic, citing year-over-year recovering…
Global Aperture Labor action across the globe moves supply chains to high alert with rail disputes in the US, work stoppages in UK ports, and air traffic control strikes in France. While some carriers are optimistic that intra-Asia trade will avoid slumping in…
Global Aperture New shipping data dismays industry analysts around the world in time for the convergence of peak seasons: hurricanes, crop harvests, monsoons, wildfires, and of course—consumer spending. Global air volume data provided by CLIVE show a slowed decline in year-over-year cargo handled through August along…
Global Aperture With the world’s grain supply still mired in uncertainty due to the ongoing Russia-Ukraine conflict, demand for Canadian grain is “skyrocketing”, and producers are on track to harvest their third largest crop on record. However, experts are concerned…
Global Aperture Record-breaking heatwaves and ongoing droughts throughout the northern hemisphere have reduced more than just water levels—several industry, academic, and government officials have described slowdowns in the flow of goods and manufacturing operations around the world. The unusual summer conditions…
Global Aperture The world is long-overdue for some good news. The United Nations expects a big uptick in Ukraine grain exports through the Black Sea after four more vessels were cleared to load 370,000 metric tonnes at the ports of Odessa, Chernomorsk, and…
Global Aperture In the latest move to enforce the recently enacted Ocean Shipping Reform Act, the Federal Maritime Commission launched the new Bureau of Enforcement, Investigations, and Compliance (BEIC) to drastically increase oversight of non-US carriers and ports. US officials of the…
Global Aperture Slack season for the global air cargo market translates to relative cargo stability in the form of nominal declines in cargo throughput, according to recent data reports by WorldACD analysts. A new industry watchdog reports that without efficiency modifications, more…
Global Aperture Sea freight congestion gets stubborn as ongoing labor action at major trade hubs adds to the already-significant bottlenecks, but shipper demand is also plummeting, according to global trade analysts. New marine cargo studies find the glut of container…