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Continued congestion at ports puts pressure on intra-Asia box rates

Congestion at several ports continues to put upward pressure on intra-Asia container freight rates, despite improving conditions at major Chinese gateways and key transhipment hubs. The result is the Drewry Intra-Asia Container Index (IACI) is up by $46, to $1,504 per 40ft. Spot rates from Greater China to North-east,…

The Loadstar Аналитика
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ONE profits soar, thanks to surging rates and volumes

Ocean Network Express (ONE) has doubled its full-year profit forecasts to $2bn, after more than quadrupling its net profit for the three months to September, amid a surge in rates and volumes. Over the second quarter, July-October for the Singapore-based carrier, net profit hit $1.3bn, compared with just $285m, a year…

The Loadstar Аналитика
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Air cargo cashes in on AI boom – but who has the edge?

There is no shortage of companies enjoying the AI boom – from airports to airlines and forwarders, the latest airfreight trend is filling both aircraft and coffers – but companies are now trying to find a way to prove their competitive edge in the market, whether by handling, network, or capacity. Expeditors yesterday…

The Loadstar Аналитика
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Analysis: CH Robinson spoils the bull party – tests remain

CH Robinson grew trucking volume, profit per load and its divisions’ operating margins again, yet its shares fell 11% to a 52-week low as investors weighed a small trucking miss, a jump in claims costs, a 2027 insurance renewal still under negotiation and – most notably – a $5.8bn bet on RXO. Forwarding, once seen by …

The Loadstar Аналитика
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The cold chain just got weaponised – logistics is exposed

A recent cyberattack on French supermarket refrigeration showed how remote controls can cause physical losses. The warning extends to cold stores, pharmaceutical warehouses and connected reefer fleets. At four in the morning, a delivery driver at an Intermarché in Gradignan, south-west France, found the cold room floo…

The Loadstar Аналитика