Logistic

Global airfreight demand continues to show striking resilience, maintaining a stretch of year-on-year monthly growth through March even as geopolitical tensions, tariff uncertainty and regional disruptions continue to test the market’s stability.  While volatility has not disappeared, the industry’s ability to adapt has become increasingly visible. Capacity constraints linked to conflict zones and longer routing patterns are pushing operating costs higher, but they are also supporting stronger yields across key trade lanes. At the same time, widening trade imbalances are making network...

Logistics UK has announced that renowned comedian and television personality Josh Widdicombe will host the 10th edition of its prestigious Logistics Awards, scheduled to take place on 10 December at the Park Plaza Westminster Bridge in London.  The event marks a significant milestone for the organisation, celebrating a decade of recognising outstanding achievements across the logistics industry....

Global engineering, consulting and mobility services group Egis has appointed transport industry veteran Mike Birch as its new Transportation Director...

Dutch offshore solutions provider SBM Offshore has signed an agreement with Nippon Yusen Kabushiki Kaisha (NYK) to sell a 45% ownership interest in the special purpose companies responsible for the lease and operation of the FSO Chalchi.  Following completion of the transaction,...

Greek shipowner Aegean Shipping Management has taken a significant step in its growth strategy by entering the Very Large Crude Carrier (VLCC) market for the first time, placing an order for four new tankers at China’s Hengli Heavy Industries.  The order, announced during Posidonia in Athens, includes two LR2/Aframax tankers...

In a landmark strategic shift, Global Ship Lease has entered the newbuilding market for the first time in its history, committing approximately $917 million to the construction of 10 new containerships as it prepares to modernise its fleet for the next generation of container shipping trades.  The Athens-based company announced that it has signed individual contracts for...

A major step has been taken in the exploration of nuclear propulsion for commercial vessels, as American Bureau of Shipping (ABS) has granted approval in principle (AIP) for a next-generation reactor design intended for integration into cargo ship propulsion systems.  The concept has been developed through a...

The latest U.S. Bureau of Labor Statistics (BLS) employment data reveals a mixed and somewhat unstable picture for the freight and logistics labor market,...

A major shift could be on the horizon for U.S. employers as the U.S. Equal Employment Opportunity Commission (EEOC) moves...

Cold Chain Technologies (CCT) has announced the European launch of its EcoFlex range, a family of reusable temperature-controlled parcel shippers specifically designed...