Some businesses fight new environmental regulations tooth and nail. Others figure out how to make money off them. Take the IMO 2020 regulation that slashed sulfur content of shipping emissions. Many shipowners have transformed this landmark global emissions regime into a huge competitive advantage. Since the regulation’s enforcement date
Downward pressure on rates: demand or supply driven? Given the recent decline in spot rates (below what could be explained by normal seasonality), maritime data analysis company Sea-Intelligence sought to answer a very relevant question: the downward pressure of spot rates is caused by supply or demand? As demand data
Boeing, Airbus raise 20-year outlook for air cargo on express growth Continued growth in demand for shipping goods by air will translate into a global freighter fleet in 2041 that is 80% larger than today, Boeing said over the weekend in a market outlook slightly more bullish on air
The 101 of Dangerous Goods Industrial societies depend on dangerous goods – and on their carriage. When transporting dangerous goods, the top priority is to protect people’s health and the environment and avert threats to public safety. For this reason, there are international regulations for the secure transport of
150% jump in long-term container freight rates Long term ocean box rates were up 150% on-year in May 2022, after a record monthly jump in prices. ccording to Xeneta’s Shipping Index (XSI), long term contracted ocean freight rates jumped by 30.1% in May, the highest ever monthly increase. Price
Viewpoint: How do you put value on today’s longshore workers? That’s the billion-dollar question for both German and US ports Labor strikes and slowdowns at ports in Germany, Antwerp, Belgium, and Rotterdam, Netherlands, are crippling trade and could trigger more logistical inflationary pressures for U.S. importers and consumers. The
Standardization could be key for advancing emissions data tracking Shippers and carriers face increasing pressure from retailers, customers and investors to reduce emissions. Standardization, greater awareness, commitment to action and ease of implementation could help companies, large and small, track and reduce their emissions, Especially now, we see a
Road Freight 101: The Importance and Future of Road Transport The global integration of production and consumer markets comes with a continuous growth in international freight volumes – the pandemic has affected this trend only in the short term. Maintaining supply chains requires coordinated interaction between all modes of
History of Road Transport The history of road transport begins with the introduction of the wheel and its subsequent application to goods movement. Copper miners in Central Europe around 4000-5000BC may have been the first to apply it, in transporting ore from the interior of the mine to a
Bazargan Border point linking domestic, int’l trades Around 86,000 tons of commodities were exported from Bazargan Border Point within the first half of the Iranian calendar year (March 21, 2021 to September 22, 2021). The Bazargan Border Point was inaugurated about 95 years ago, performing as transit corridor between
