Alcoholic beverage makers are urging state governments for price increases. Rising costs for cans and bottles are impacting production. Sup...

Air cargo costs are soaring by up to 70% on some routes. A conflict in the Middle East is disrupting flights and blocking sea shipments. Th...

A.P. Moller-Maersk and CMA CGM are expanding into air freight by acquiring new Boeing and Airbus aircraft. The companies aim to diversify t...

V K Mathews, Executive Chairman of IBS Software, termed the acquisition as a "strategically important milestone" for his company's cargo an...

In recent years, both Maersk and MSC have pursued growth in land-based transport and air freight where profit margins for end-to-end servic...

The pandemic resulted in severe supply disruption across the globe, and as result the freight rates are much higher today than it was durin...

The new business will led by Jannie Davel, a former managing director of cargo at Delta Air Lines Inc. who has also worked at Emirates and ...

The new air freight company is the result of the existing in-house aircraft operator, Star Air, which has transferred activities into Maers...

The Federal Reserve’s Beige Book report noted that “high freight volumes continued to strain distribution systems,” and “contacts expected ...

Global supply chains, with container shipping as their backbone, are struggling to keep pace with the demand for goods and overcome labor d...

Freightify aims to make it easier for small and mid-size freight forwarders with little to no technology expertise to set up an online stor...

The pandemic shuttered economic activity in its initial phase earlier this year, prompting shipping companies to respond by cutting voyages...

The company wants to achieve scale and trigger revenue streams which will be largely from our suppliers’ commission, commission from banks ...

Global cargo company FedEx today launched a specialised ocean freight service between India and the United States.

Ocean container carriers face overcapacity for at least another 12 months as the supply of new ships outpaces slowing cargo demand, an indu...

Shares of Essar Shipping and Logistic Ltd on Thursday hit the upper circuit after an increase in freight rates of very large crude carriers.

Fall in ocean freight rates are expected to continue unabated at least for the next one year.